COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Tuesday, 29 April 14
Q4 SUB-BIT INDONESIA COAL SWAP CLOSED US$ 1.07 HIGHER COMPARED TO Q2 DELIVERY PRICE
COALspot.com: Indonesian coal swaps for average Q2’ 2014 gain on month and on week according to AsiaClear OTC coal swap's reports rele ...


Tuesday, 29 April 14
NEWCASTLE SHIPPED 3.03 MILLION TONS WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 28 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensl ...


Tuesday, 29 April 14
Q2 API 8 CFR SOUTH CHINA COAL SWAP LOST 0.29% MONTH ON MONTH
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 0.29 percent month on month and closed at US$ 75.43 per mt as o ...


Monday, 28 April 14
CHINA LIKELY TO FALL SHORT OF NUCLEAR POWER TARGETS AT 175GW OF CAPACITY BY 2030 - WOOD MACKENZIE
Coal will remain dominant supply at 64% of power mix Wood Mackenzie forecasts that China will not meet its environmentally-driven, government ...


Sunday, 27 April 14
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK
COALspot.com: The freight market seems to have bottomed out and saw some marginal gains in all segments, said Capt. Reddy of Vistaar Shipping In ...


   745 746 747 748 749   
Showing 3731 to 3735 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GMR Energy Limited - India
  • Eastern Energy - Thailand
  • Coeclerici Indonesia
  • Rudhra Energy - India
  • Directorate General of MIneral and Coal - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Idemitsu - Japan
  • VISA Power Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Iligan Light & Power Inc, Philippines
  • CoalTek, United States
  • Holcim Trading Pte Ltd - Singapore
  • Russian Coal LLC
  • Mechel - Russia
  • DBS Bank - Singapore
  • Ministry of Mines - Canada
  • Parliament of New Zealand
  • Star Paper Mills Limited - India
  • Indo Tambangraya Megah - Indonesia
  • World Bank
  • Shenhua Group - China
  • Tata Chemicals Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Peabody Energy - USA
  • Global Business Power Corporation, Philippines
  • Bukit Makmur.PT - Indonesia
  • Cargill India Pvt Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Australian Commodity Traders Exchange
  • Inco-Indonesia
  • NTPC Limited - India
  • Parry Sugars Refinery, India
  • PTC India Limited - India
  • Thailand Anthracite
  • Ince & co LLP
  • Bhoruka Overseas - Indonesia
  • TeaM Sual Corporation - Philippines
  • Merrill Lynch Commodities Europe
  • U S Energy Resources
  • Antam Resourcindo - Indonesia
  • Chamber of Mines of South Africa
  • TRAFIGURA, South Korea
  • Infraline Energy - India
  • White Energy Company Limited
  • McKinsey & Co - India
  • Adaro Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Kideco Jaya Agung - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • ACC Limited - India
  • Inspectorate - India
  • ETA - Dubai
  • ING Bank NV - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Coal Orbis AG
  • Sree Jayajothi Cements Limited - India
  • Ind-Barath Power Infra Limited - India
  • Energy Development Corp, Philippines
  • Planning Commission, India
  • TNPL - India
  • Sarangani Energy Corporation, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • WorleyParsons
  • Meenaskhi Energy Private Limited - India
  • Lanco Infratech Ltd - India
  • Jatenergy - Australia
  • Adani Power Ltd - India
  • Wilmar Investment Holdings
  • Thiess Contractors Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Enel Italy
  • KPCL - India
  • Simpson Spence & Young - Indonesia
  • The University of Queensland
  • BRS Brokers - Singapore
  • Tamil Nadu electricity Board
  • Kumho Petrochemical, South Korea
  • Africa Commodities Group - South Africa
  • Orica Australia Pty. Ltd.
  • Indian Energy Exchange, India
  • Oldendorff Carriers - Singapore
  • Electricity Generating Authority of Thailand
  • SASOL - South Africa
  • Cosco
  • Barasentosa Lestari - Indonesia
  • TANGEDCO India
  • Platts
  • Binh Thuan Hamico - Vietnam
  • Argus Media - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • SMG Consultants - Indonesia
  • Gresik Semen - Indonesia
  • Deutsche Bank - India
  • Romanian Commodities Exchange
  • Riau Bara Harum - Indonesia
  • Wood Mackenzie - Singapore
  • Economic Council, Georgia
  • SUEK AG - Indonesia
  • India Bulls Power Limited - India
  • Kobexindo Tractors - Indoneisa
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Samtan Co., Ltd - South Korea
  • OCBC - Singapore
  • NALCO India
  • Directorate Of Revenue Intelligence - India
  • Coal India Limited
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bhatia International Limited - India
  • Shree Cement - India
  • Siam City Cement - Thailand
  • Gujarat Sidhee Cement - India
  • Meralco Power Generation, Philippines
  • Larsen & Toubro Limited - India
  • Independent Power Producers Association of India
  • San Jose City I Power Corp, Philippines
  • Maheswari Brothers Coal Limited - India
  • Savvy Resources Ltd - HongKong
  • Indorama - Singapore
  • Cemex - Philippines
  • Carbofer General Trading SA - India
  • Energy Link Ltd, New Zealand
  • MEC Coal - Indonesia
  • Ministry of Finance - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Anglo American - United Kingdom
  • KEPCO - South Korea
  • Price Waterhouse Coopers - Russia
  • Petron Corporation, Philippines
  • Malco - India
  • CESC Limited - India
  • Eastern Coal Council - USA
  • Manunggal Multi Energi - Indonesia
  • ASAPP Information Group - India
  • Rio Tinto Coal - Australia
  • Maybank - Singapore
  • J M Baxi & Co - India
  • Intertek Mineral Services - Indonesia
  • Mitra SK Pvt Ltd - India
  • Clarksons - UK
  • CCIC - Indonesia
  • Reliance Power - India
  • Power Finance Corporation Ltd., India
  • Japan Coal Energy Center
  • PetroVietnam Power Coal Import and Supply Company
  • Xindia Steels Limited - India
  • Semirara Mining Corp, Philippines
  • RBS Sempra - UK
  • OPG Power Generation Pvt Ltd - India
  • Sakthi Sugars Limited - India
  • Total Coal South Africa
  • Indian Oil Corporation Limited
  • Straits Asia Resources Limited - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Freeport Indonesia
  • Coaltrans Conferences
  • SGS (Thailand) Limited
  • Georgia Ports Authority, United States
  • BNP Paribas - Singapore
  • Interocean Group of Companies - India
  • Uttam Galva Steels Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Timah Investasi Mineral - Indoneisa
  • Minerals Council of Australia
  • Thai Mozambique Logistica
  • World Coal - UK
  • Madhucon Powers Ltd - India
  • Cement Manufacturers Association - India
  • Pendopo Energi Batubara - Indonesia
  • Thermax Limited - India
  • PLN Batubara - Indonesia
  • Arutmin Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • globalCOAL - UK
  • International Coal Ventures Pvt Ltd - India
  • Central Java Power - Indonesia
  • Marubeni Corporation - India
  • Malabar Cements Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Kohat Cement Company Ltd. - Pakistan
  • Moodys - Singapore
  • Salva Resources Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Bank of China, Malaysia
  • TNB Fuel Sdn Bhd - Malaysia
  • New Zealand Coal & Carbon
  • Billiton Holdings Pty Ltd - Australia
  • Borneo Indobara - Indonesia
  • Vizag Seaport Private Limited - India
  • IOL Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Dalmia Cement Bharat India
  • Xstrata Coal
  • Ernst & Young Pvt. Ltd.
  • Bangladesh Power Developement Board
  • Geoservices-GeoAssay Lab
  • Siam City Cement PLC, Thailand
  • London Commodity Brokers - England
  • PLN - Indonesia
  • Agrawal Coal Company - India
  • Mercuria Energy - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Sindya Power Generating Company Private Ltd
  • KOWEPO - South Korea
  • TGV SRAAC LIMITED, India
  • Bhushan Steel Limited - India
  • Videocon Industries ltd - India
  • Trasteel International SA, Italy
  • Banpu Public Company Limited - Thailand
  • Mitsui
  • Asia Cement - Taiwan
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SN Aboitiz Power Inc, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • KPMG - USA
  • Port Waratah Coal Services - Australia
  • Vedanta Resources Plc - India
  • Commonwealth Bank - Australia
  • PetroVietnam
  • Kobe Steel Ltd - Japan
  • Jaiprakash Power Ventures ltd
  • Grasim Industreis Ltd - India
  • Medco Energi Mining Internasional
  • EIA - United States
  • Permata Bank - Indonesia
  • Australian Coal Association
  • Indonesia Power. PT
  • GAC Shipping (India) Pvt Ltd
  • Surastha Cement
  • The India Cements Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • Altura Mining Limited, Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Mitsubishi Corporation
  • Britmindo - Indonesia
  • HSBC - Hong Kong
  • SRK Consulting
  • Singapore Mercantile Exchange
  • Metalloyd Limited - United Kingdom
  • JPower - Japan
  • Gujarat Electricity Regulatory Commission - India
  • Standard Chartered Bank - UAE
  • Aboitiz Power Corporation - Philippines
  • Sical Logistics Limited - India
  • Coal and Oil Company - UAE
  • Coalindo Energy - Indonesia
  • Platou - Singapore
  • Latin American Coal - Colombia
  • bp singapore
  • Thomson Reuters GRC
  • Toyota Tsusho Corporation, Japan
  • CIMB Investment Bank - Malaysia
  • Global Green Power PLC Corporation, Philippines
  • APGENCO India
  • Arch Coal - USA
  • Bangkok Bank PCL
  • Ministry of Transport, Egypt
  • Mintek Dendrill Indonesia
  • Deloitte Consulting - India
  • Kepco SPC Power Corporation, Philippines
  • Orica Mining Services - Indonesia
  • Makarim & Taira - Indonesia
  • Sojitz Corporation - Japan
  • Renaissance Capital - South Africa
  • Bayan Resources Tbk. - Indonesia
  • GB Group - China
  • Indogreen Group - Indonesia
  • Electricity Authority, New Zealand
  • Petrochimia International Co. Ltd.- Taiwan
  • Mjunction Services Limited - India
  • Noble Europe Ltd - UK
  • Berau Coal - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Qatrana Cement - Jordan
  • McConnell Dowell - Australia
  • Tanito Harum - Indonesia
  • Asian Development Bank
  • GNFC Limited - India
  • Samsung - South Korea
  • Attock Cement Pakistan Limited
  • ICICI Bank Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Gupta Coal India Ltd
  • Goldman Sachs - Singapore
  • GHCL Limited - India
  • Maruti Cements - India
  • Glencore India Pvt. Ltd
  • Vitol - Bahrain
  • UBS Singapore
  • Posco Energy - South Korea
  • Kapuas Tunggal Persada - Indonesia
  • ANZ Bank - Australia
  • IMC Shipping - Singapore
  • Fearnleys - India
  • Coastal Gujarat Power Limited - India
  • Petrosea - Indonesia
  • Therma Luzon, Inc, Philippines
  • Cebu Energy, Philippines
  • PNOC Exploration Corporation - Philippines
  • Formosa Plastics Group - Taiwan
  • Panama Canal Authority
  • Core Mineral Indonesia
  • IHS Mccloskey Coal Group - USA
  • Mercator Lines Limited - India
  • Karaikal Port Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • GVK Power & Infra Limited - India
  • Tata Power - India
  • Ambuja Cements Ltd - India
  • Heidelberg Cement - Germany
  • Leighton Contractors Pty Ltd - Australia
  • Bulk Trading Sa - Switzerland
  • Essar Steel Hazira Ltd - India
  • Runge Indonesia
  • UOB Asia (HK) Ltd
  • South Luzon Thermal Energy Corporation
  • Edison Trading Spa - Italy
  • Central Electricity Authority - India
  • The State Trading Corporation of India Ltd
  • Sucofindo - Indonesia
  • EMO - The Netherlands
  • PowerSource Philippines DevCo
  • Lafarge - France
  • Karbindo Abesyapradhi - Indoneisa
  • SMC Global Power, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Miang Besar Coal Terminal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • IBC Asia (S) Pte Ltd
  • Aditya Birla Group - India
  • IEA Clean Coal Centre - UK
  • MS Steel International - UAE
  • Indonesian Coal Mining Association
  • Vale Mozambique
  • Pinang Coal Indonesia
  • Baramulti Group, Indonesia
  • Cardiff University - UK
  • Humpuss - Indonesia
  • The Treasury - Australian Government
  • JPMorgan - India
  • Indika Energy - Indonesia
  • Thriveni
  • Credit Suisse - India
  • CNBM International Corporation - China
  • Merrill Lynch Bank
  • LBH Netherlands Bv - Netherlands
  • Bank of America
  • Maersk Broker
  • Cigading International Bulk Terminal - Indonesia
  • Barclays Capital - USA
  • Indian School of Mines