We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 23 April 14
EUROPE WOULD BE HARD PRESSED TO REPLACE RUSSIAN GAS, FITCH RATINGS SAYS
 A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immediate aftermath, the region would suffer from gas shortages and high prices due to its limited ability to reduce demand, source alternative supplies and transport gas to the most affected countries. A surge in gas prices after a ban would probably also have knock-on effects on electricity, coal and oil prices. Industry would bear the brunt of supply shortages as household demand would be given priority.
A lengthy ban on Russian gas is a low-probability, but high-impact scenario. Russia supplies around 27% of Europe's gas and, given the high cost a ban would impose on all sides, we believe it would take a severe deterioration in the Ukraine crisis for it to happen. A temporary disruption just affecting gas supplies via Ukraine is a more likely scenario, for which Europe is better prepared due to high reserves and the recent opening of a new pipeline from Russia to Germany.
In the event of a lengthy ban imposed by either Europe or Russia, gas-intensive sectors such as steel and chemicals would be most affected. This would accelerate the closure or mothballing of capacity that is suffering from low profitability due to competition from low-cost energy jurisdictions such as the US or Middle East. In particular, issuers without geographic and product diversification would be most at risk of adverse rating action.
In 2013 Russia supplied 145bcm of gas to Europe, which would have great difficulty in sourcing alternative supplies. Increased European gas production and North African piped gas could offset a small proportion of this. Tapping into the global LNG market would yield limited volumes as Europe's Russian gas demand equates to nearly half of the world's LNG production, which is already mostly tied to long-term supply contracts. Hence, gas and other energy prices could surge.
In theory, Europe has plenty of unused LNG regasification capacity, which could help replace some Russian supplies. But the majority of plants are located in Southern Europe and the UK, far away from the Central and Eastern European countries that are most reliant on Russian gas. The European gas networks suffer from bottlenecks, which limit the ability to transport gas across borders.
Demand reduction initiatives would only be of limited benefit. Japan was able to reduce power demand by 4.7% following the Fukushima disaster, but this was partly weather-related and achieving that level of reduction across 28 countries with their own agendas and exposures would be far harder.
For more details on the impact that a ban on Russian gas would have on Europe, please see the report "Living Without Russian Gas - Replacing Russian Gas in the Short-term" published today and available from www.fitchratings.com. The report is the first in a series that will examine the potential impact on European utilities and how Europe could reduce its energy reliance on Russia in the longer term.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 19 May 14
API 8 CFR SOUTH CHINA COAL LOST 2.49% MONTH ON MONTH
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 2.49 percent month on month and closed at US$ 74.35 per mt as on F ...
Sunday, 18 May 14
FREIGHT RATES ARE EXPECTED TO BE FIRM NEXT WEEK
COALspot.com: The freight market was steady with the BDI was closed slightly higher at 1027 points or up 3.00 pct week on week.
The Cape ...
Friday, 16 May 14
KOMIPO IS LOOKING FOR 60K MT OF LOW VOLATILE BITUMINOUS COAL
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 60,000 Metric Tons (MT) of low volatile bitumi ...
Friday, 16 May 14
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 18.9 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...
Thursday, 15 May 14
PANAMAX : SHORT PERIOD UP TO ONE YEAR REPORTED IN THE 12.000-12.500 RANGE - FEARNRESEARCH
Handy
The Supra and handy market seems to be affected by the recent holidays in Singapore which still relatively quiet. There are some Indo / ...
|
|
|
Showing 3701 to 3705 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Deloitte Consulting - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- White Energy Company Limited
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Minerals Council of Australia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
|
| |
| |
|
