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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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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
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- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
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- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Eastern Energy - Thailand
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- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
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- Minerals Council of Australia
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- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
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- Bangladesh Power Developement Board
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- Ministry of Transport, Egypt
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- Gujarat Electricity Regulatory Commission - India
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- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
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- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
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- Bulk Trading Sa - Switzerland
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- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
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- Maharashtra Electricity Regulatory Commission - India
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- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
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- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
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- Parliament of New Zealand
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- Indonesian Coal Mining Association
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- Interocean Group of Companies - India
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- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
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- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
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- Tata Chemicals Ltd - India
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- Indian Energy Exchange, India
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- McConnell Dowell - Australia
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- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
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- The Treasury - Australian Government
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- Meralco Power Generation, Philippines
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