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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
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- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
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