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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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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
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- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
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