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Monday, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
Coal ExcavatorCOALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.

According to media reports, the tax is to be paid by power producers and is levied on a GAR-basis for imported coal and EU-suppliers are exempt from the duty.

The Turkey is importing most of the coal from Colombia, market reports say.

According to Wood Mackenzie, the law is an attempt to curb imports and deliver a stronger contribution from Turkey's domestic market; however, given weak alternatives (poor domestic supply, more costly gas) we do not see an immediate impact.

The European Association for Coal and Lignite's report noted that, the Turkey has around 1.3 billion tonnes of hard coal and 13.9 billion tonnes of lignite reserves and resources, of which 0.5 billion tonnes and 13.4 billion tonnes respectively are proven reserves.

Turkey has imported around 31.5 million tons of coal in 2014 and produced around 41.8 million tons of lignite and 1.5 million tons of hard coal.

According to Euracoal, In 2015, the Turkish government approved the construction of three new coal-fired power plants, increasing capacity by 2 X480 MW and thermal coal imports by 6.2 Mt/year. Filiz Enerji was given clearance for a 1 200 MW coal power plant in Canakkale, on the Aegean coast, consuming 3 Mt/year.

Atakas Energy received approval for a 680 MW power plant at Iskenderun, on the Mediterranean coast, adding about 1.7 Mt/year. Finally, IC Ictas Energy has permission for a 600 MW power plant, requiring about 1.5 Mt/year, near the city of Adana, in the south of the country.

In 2016, Tosyali Electricity received approval for another power plant at Iskenderun, of 1 200 MW, based on 3 Mt of imported thermal coal, EURACOAL's data shows.


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Friday, 10 June 16
INDONESIAN 6322 GAR COAL PRICE REFERENCE RISES TO $51.81 A TON
COALspot.com: The Indonesia Coal Benchmark Price increased in June 2016. The Director General of Mineral and Coal of Indonesia, the regulator ...


Friday, 10 June 16
WEEKLY U.S. COAL PRODUCTION TOTALED AN ESTIMATED 12 MMST IN THE WEEK ENDED JUNE 4, UP 4% W/W - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 12 million short tons (mmst ...


Wednesday, 08 June 16
BPI ACHIEVES FINANCIAL CLOSE FOR ITS 2000 MW POWER PROJECT IN CENTRAL JAVA
COALspot.com: PT Bhimasena Power Indonesia (BPI) on June 6th, 2016 Achieves financial close for its 2x1,000 MW power project in Batang Regency, Cen ...


Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
Coal Supply U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower ...


Wednesday, 08 June 16
THE DRY BULK MARKET KEPT MOVING SIDEWAYS LAST WEEK; SECOND HAND PURCHASES MOVING NORTH - INTERMODAL
Once again its Posidonia time and the biannual exhibition takes place during a very warm June here in Athens, as if the performance of the dry bulk ...


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