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Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of importing the commodity from that country to meet rising demand as economic growth boosts power consumption.
The two countries will form a joint working group to explore the possiblity of buying more coal from the southeast Asian nation and to set up ventures with local companies there, Purnomo Yusgiantoro, minister of energy and mineral resources told reporters after a meeting with Sriprakash Jaiswal, India's coal minister.
India's coal demand for the financial year ending March may rise 10% from a year earlier to 604 million metric tons, according to government forecasts. About 70 million tons of the total will be met through imports - nearly doubling in five years. The nation has been scouting for assets in Indonesia, Australia and Mozambique as the government's plan to double generation capacity boosts requirement.
Indonesia has a large "quantity of coal property and we are in need of coal," Mr. Jaiswal said.
Indonesia expects to produce between 230 million and 250 million tons of coal in 2009, Mr. Yusgiantoro said.
"We will increase it by 20 million tons to 30 million tons per year up to the level that it can be massively exported," Mr. Yusgiantoro said. Currently, Indonesia uses 40% of its output locally and exports the rest.
Indonesia has started trial runs of the second train at its Tangguh liquefied natural gas plant and expects to finish repair work at the first by the second week of October, Mr. Yusgiantoro said.
The Tangguh LNG plant, which is located in West Papua province and has two processing trains, was shut shortly after commissioning in July due to a technical glitch.
The Tangguh LNG plant is owned by a consortium led by Anglo-Dutch oil major BP PLC.
Due to the economic crisis, LNG offtake by traditional buyers - Korea, Japan and Taiwan - has been hit and Indonesia will hold talks with India's Oil Minister Murli Deora on long-term supply contracts, Mr. Yusgiantoro said.
Source: Online WSJ
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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Bhushan Steel Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
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- European Bulk Services B.V. - Netherlands
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- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
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- Economic Council, Georgia
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- Bulk Trading Sa - Switzerland
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- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
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- Australian Coal Association
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- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- ASAPP Information Group - India
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- Baramulti Group, Indonesia
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- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
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- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
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- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
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- Price Waterhouse Coopers - Russia
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- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
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- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
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- International Coal Ventures Pvt Ltd - India
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- Simpson Spence & Young - Indonesia
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- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
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- Aditya Birla Group - India
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- Altura Mining Limited, Indonesia
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