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Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
 The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace than coal, which could incur heavier production costs for coal producers. However, we expect these increases to be offset by buoyant coal demand from the region.
India for example, clocking 8 percent annual power demand growth, estimates demand for imported coal to reach 43 million tons in 2009 because of its short domestic supply.
Additionally, India's cement industry is also growing at 9-10 percent annually, while its steel consumption is seeing 8 percent growth each year.
This is also supported by the Indian Electricity Act 2003, setting out to provide electricity for all of India by 2012. Hence, power demand in India is estimated to grow to 315 GW (gigawatts) by 2017, from 120 GW at present.
India has fallen short of meeting its thermal coal demand since 2005. Back then, the deficit was 37 million tons. This grew to 90 million tons in 2008, and is predicted to grow to 160 million tons by 2012.
The Coal and Oil Group of India estimates thermal coal imports to triple to 100 million tons by 2012, making it the world's fastest growing coal importer.
Support should also come from the Philippines with its estimated annual coal consumption of between 8.7 million - 10.2 million tons by coal-fired power plants alone, versus its annual coal production of 3.6 million tons.
Total coal demand in 2008 for the Philippines was 12.2 million tons, including coal usage by industrial, cement and heavy equipment sectors with the power sector accounting for 72 percent of demand.
Wood Mackenzie believes China will add pressure to demand by becoming a net coal importer as of 2009, with a gradual decline in coal exports, flattening out at 30 million tons a year by 2015.
On the domestic front, state utility firm PLN predicts Indonesia's energy demand to rise from 272 TWh (terawatt hours) this year to 325 TWh in 2018, when it predicts coal-steam power plants will account for 60 percent of the supply.
Coal demand for power generators is estimated to reach 107 million tons by 2018, up from 32 million tons in 2009.
By 2015, low-grade coal usage is expected to rise to 53 percent, from 8 percent in 2008, while medium and high-grade coal usage should decrease.
The government has adopted a mechanism to regulate both volumes and pricing for domestic market obligation (DMO) to ensure domestic demand is met.
Coal volume will be regulated through the Ministerial Decree on Minimum Percentage of Domestic Coal Sales, which will be distributed proportionally among coal buyers.
The government also plans to set an Indonesian Coal Price Reference (ICPR/HPB) to be applied for both producers and consumers. ICPR will rely on a reference index averaging on 4 indexes (ICI, BJ, GC, and Platts).
The new Minerals and Coal Mining Law has provided clear structuring through new mining licenses (IUP or IUPK) which apply for domestic and foreign investors.
However, regulations on divestiture of shares owned by foreign parties after five years of production may discourage foreign investment in the sector, but will provide support for domestic coal producers.
As a major thermal coal exporter, Indonesia will fully benefit from the short coal supply in neighboring countries.
Indonesia's strategic geographic location will make it a prime choice among coal suppliers based on lower delivery costs and timing compared to other countries such as Australia.
Declining coal exports from the Atlantic (the US) should also create potential for coal markets in the Pacific, particularly Indonesia.
The writer (Katherine Hermawan) , is a research analyst at Bahana Securities
Source: http://www.thejakartapost.com/news/2009/06/11/coal-producers-see-boost-demand-asia-pacific.html
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Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
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