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Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
 Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to make up for weak domestic demand during the country's recession.
Industry executives and experts told this week's Adam Smith CIS Coal Summit that state-controlled transport costs remained too high and years of underinvestment were taking a toll on shipping and rail links.
For Alexander Kovalchuk, director of the Coal Market Research Institute, the problem is shown by bottlenecks at SUEK's new Vanino coal terminal in the Far East, which began handling shipments for the company, Russia's largest coal producer, in December.
Vanino suffers a lot because the BAM (Baikal-Amur Mainline) railway doesn't have sufficient capacity, it is underserved by 40-50 percent, according to SUEK estimates, Kovalchuk said.
Exports are becoming increasingly attractive to both steam and coking coal producers as China and India continue growing their economies while Russian industry sputters.
Market players estimate Russia exported 7,2-million tons of coal in April, compared with 7,5-million tons a year ago.
Overall Russian coal production declined by about 13 percent in April.
Raspadskaya Deputy Director Alexander Andreyev said his firm exported 35 percent of coking coal output in April, up from the 26 percent average in the first quarter.
We need to change our strategy by expanding exports step by step, he said.
HIGH TRANSPORT COSTS
For Russian producers to expand their share of the Asian market in the long term, experts say more investment is needed by the RZhD state railway monopoly, together with lower tariffs for coal shipped more than 5 000 km from Siberia to ports in the Russian Far East.
However, rates continue to rise.
Coal prices dropped sharply, but the transport component does not decrease, and there will be a 4-6 percent increase as of July, Eurosib Spb Transportation Systems' Andrey Baranov said.
Railway tariffs, like gas and power rates, are regulated by the state. The government is debating whether to cap price hikes at more modest levels than previously planned to support the economy in downturn, which saw industrial production plunging 17,1 percent year-on-year in May.
Raspadskaya's Andreyev said transport costs now make up 30-35 percent of the Free on Board (FOB) price to send Russian coal to ships, compared with 9-16 percent a year ago.
Additional kilometres of rail track are another priority, though a rapid roll-out is not expected given the high cost of building in Russia.
Alex Bezborodov, of the InfraNews Research Agency, said it costs $1,5 million to build a kilometre of railway in Russia, compared with an international average of $600 000-$800 000.
PORT INFRASTRUCTURE
Improving port technology and adding capacity is also important for coal exporters, Tamara Novikova of the Research and Development Institute of the Sea Fleet added.
She said Soviet-era technology limits volumes and damages railcars, particularly in winter, when frozen coal is loaded.
Few ports have equipment to defrost cargo, which would improve capacity, Novikova said, adding that Russia also needs deeper ports that can serve Panamax class cargo ships.
Panellists said Russian ports are now among the most expensive in the world, adding $10 per tonne in costs, compared with the $2-$3 per tonne global average.
At Australian and Chinese ports they use automated technology, satellites, here we have to employ a lot of people, so it's a much different technology, Bezborodov said.
Source: Financial 24 (http://www.financial24.org/commodities/transport-problems-hold-back-russian-coal-exports/)
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Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
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- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
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- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- White Energy Company Limited
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
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