We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
 Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fuel from 2013.
The Viet Nam National Coal and Mineral Industry group (Vinacomin) has said the country will have to import coal for domestic consumption beginning in 2013, but it could not identify the sources of coal to be imported to Viet Nam.
According to Vinacomin’s figures, by 2015 the country’s coal demand will reach 94 million tonnes per year, including 67 million tonnes required for thermo-power plants while Viet Nam’s coal production stands at 60 million tonnes.
Local demand will rise to 184 million tonnes, including 150 million tonnes for power plants, while domestic production will be only 70 million tonnes per year by 2020.
Companies with plants fuelled by coal such as steel refineries, glass manufacturers, fertiliser and chemical plants will also face challenges due to the coal shortage.
But to win contracts for coal imports is no easy task, even at a price three to four times as high as the prices offered for Viet Nam’s coal today.
Sai Gon Tiep Thi (Sai Gon Marketing) newspaper says most proposals made by Vietnamese groups to import coal, to buy stakes in overseas mining companies or puchase coal mines abroad have been rejected. The proposals came from such groups as Electricity of Viet Nam Corp. and Viet Nam Oil and Gas group.
A leader from a big group who declined to be named was quoted by Sai Gon Marketing as saying that buyers from Thailand and China snatched away several contracts for coal imports shortly before they could be inked between Vietnamese groups and foreign coal mining companies. "They [Thai and Chinese firms] seemed to be willing to buy coal at any cost," he said.
Despite the coal shortages, Vinacomin’s subsidiaries exported nearly 13.6 million tonnes of coal in the first seven months of 2009, a year-on-year increase of 7 per cent.
In addition, in March 2009, the Trade Ministry approved a plan to export 3 million tonnes of fine anthracite coal per year to China through the Van Gia transhipment area in coal mining Quang Ninh Province by directly signing contracts with Chinese companies.
Furthermore, illegal coal exports to China are also on the rise. At a meeting in late July, the Party Committee of Quang Ninh said most of the illegal coal exports in the northern provinces came from Vinacomin.
The company has punished a dozen of its personnel, including the director and deputy directors of Mao Khe Coal Co., for "not performing their responsibility in protecting State minerals".
The coal sector was pleased with the revenues of nearly $1.1 billion earned in domestic consumption and exports, and its contribution to the country’s GDP.
In a recent report, Vinacomin says domestic coal demand in 2010 will be around 25 million tonnes, and Viet Nam will have an additional 20 million tonnes for export. The company said it planned to reduce its coal exports to 5 million per year in 2012.
Sai Gon Marketing says to stop the illegal coal exports and seek solutions to energy shortages, coal export must be stopped as soon as possible.
MSG pollution claim denied
Monosodium glutamate maker Vedan Viet Nam has rejected a compensation demand by farmers in southern Dong Nai and Ba Ria-Vung Tau Provinces and HCM City for damages it caused by polluting the Thi Vai River, saying the sum sought by locals is too high.
On August 10, Hoang Nhu Vinh, a lawyer representing the Taiwanese company, said the amount of VND596.6 billion (US$33 million) demanded by the farmers associations is "groundless" and had not been endorsed by authorities.
They had asked Vedan to pay 45 per cent of the estimated losses to fisheries and 48 per cent of the losses suffered by aquaculturists due to its pollution of the river by discharging untreated waste.
The farmers made the demand based on the total revenues they would possibly earn by exploiting the river, without deducting input and labour costs, he said.
The company proposes to compensate only the losses it may have actually caused to farmers by identifying the victims and assessing the damage accurately.
According to a report released by the Environmental Protection Department in May 2006, a 10-kilometre section of the Thi Vai (from the 2nd to 12th milestones) was the most severely polluted.
But many other factories and industrial parks also discharge untreated wastewater into this section of the river.
In April this year, Vedan reportedly announced a "financial support" package of VND 25 billion (nearly $1.4 million) for farmers who suffered losses because of its pollution.
The general director of Vedan Viet Nam, Yang Kun-Hsiang, said the package comprises VND 7 billion each for farmers in Dong Nai and HCM City and VND 6 in Ba Ria-Vung Tau. The remaining VND 5 billion would be used to establish a fund to develop infrastructure and help farmers get other jobs.
But the associations slammed the offer as being too low.
Lawyer Vinh said if the farmers’ demand was much higher than the amount Vedan can pay, it would withdraw its offer and the two sides could meet in court.
The case began on September 8 last year when the environmental police reportedly caught Vedan discharging wastewater directly into the Thi Vai. They had mounted a three-month ambush to get evidence.
On September 29, the Ministry of Natural Resources and Environment announced that Vedan had dumped nearly 110,000 cubic metres of post-fermentation molasses residue and solid waste every month into the river, 2.5 times higher than the ministry had previously thought.
The Environmental Protection Department said to avoid detection, the company had stored the molasses waste in a 7,000 cu.m container. A second container of 15,000cu.m and some smaller ones of 1,500 cu.m were also found buried. The containers were connected by a system of pipelines and the waste was pumped into the middle of the river eight metres below the surface.
The health of the Thi Vai improved earlier this year after Vedan scaled back production, but the risk of pollution still hovers since the MSG producer has a huge quantity of untreated wastewater.
Speaking at a seminar held to discuss measures to clean up the Thi Vai in HCM City in May this year, the Minister of Natural Resources and Environment Pham Khoi Nguyen said the river had been polluted, mainly by Vedan. However, untreated industrial wastewater had also been discharged from the Nhon Trach 1, Nhon Trach 2, Go Dau, My Xuan, and Phu My industrial parks. — VNS (Le Hung Vong)
Source: Vietnam News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
|
|
|
Showing 6566 to 6570 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Planning Commission, India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
|
| |
| |
|
