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Thursday, 26 September 19
INDIA INCREASES ITS ANNUAL COAL PRODUCTION BY 2.7% PER YEAR FROM 850 MILLION SHORT TONS IN 2018 TO 2 BILLION SHORT TONS BY 2050 - EIA
 Worldwide coal production holds steady at about 8 billion short tons, or 160 quadrillion British thermal units (Btu), per year through 2040. Increased coal use in India and other Asian countries that are not part of the Organization of Economic Cooperation and Development (OECD) helps drive consumption to more than 9 billion short tons (175 quadrillion Btu) by 2050, said U.S. Energy Information Administration in its latest International Energy Outlook 2019 with projections to 2050 report.
According to EIA, India increases its annual coal production by 2.7% per year from 850 million short tons in 2018 to 2 billion short tons by 2050 to help meet growing domestic demand. India’s coal consumption grows by an average of 3.1% per year, from 1.1 billion short tons (17 quadrillion Btu) in 2018 to 2.9 billion short tons (46 quadrillion Btu) in 2050. China remains the largest producer and the largest user of coal, consuming about 3.5 billion short tons (74 quadrillion Btu) in 2050 after peaking at 4.7 billion short tons (nearly 95 quadrillion Btu) in 2013.
In OECD countries, International Energy Outlook 2019 noted, coal consumption decreases by 2.5% per year from 2018 to 2025, before remaining relatively constant throughout the remainder of the projection period. World coal trade is projected to grow from 2018 to 2050 at an average rate of 1.4% per year, totaling 2.2 billion short tons by 2050.
Increasing coal demand in the Asian economies is driving growth in coal trade. India coal imports grow by 4.1% per year, China coal imports remain relatively constant, and the remaining countries in non-OECD Asia increase imports by 1.8% per year.
EIA says further, Metallurgical coal trade increases gradually as industrial consumption shifts to India and other countries that have limited or no metallurgical coal production. In contrast to Asia, coal imports to the Americas—largely the United States and the other non-OECD America region – grow slowly through 2050.
The Australia and New Zealand region continues to be the world’s top coal exporter, followed by other non-OECD Asia, which is predominantly accounted for as Indonesia. By 2050, Australia accounts for 33% of global coal exports, and other non-OECD Asia accounts for nearly 35% of global coal exports.
Coal’s share of China’s electricity generation decreases from 64% in 2018 to 30% in 2050. In 2050, electricity generation is projected to account for 39 quadrillion Btu of coal, while renewables, nuclear, and natural gas account for 73, 12, and 7 quadrillion Btu, respectively.
Projected coal consumption in China for uses other than electricity generation falls from 43 quadrillion Btu in 2018 to 35 quadrillion Btu in 2050 as a result of the decreasing use of both steam and metallurgical coal in industrial boilers and steel manufacturing.
In 2050, China remains the largest consumer and producer of coal in the world, with coal consumption of 74 quadrillion Btu and coal production of 3.1 Billion short tons (69.2 quadrillion Btu). Production of coal decreases as consumption decreases. China continues to produce 93% of coal needs and import about 7% of its coal demand through 2050.
In 2018, India was the world’s second-largest coal consumer after China, consuming more than 17 quadrillion Btu.Sustained industrial growth and significant efforts to further electrify the country’s rural areas are expected to continue to drive India’s coal consumption growth.
The report further noted that, in the power sector, coal consumption increases by 2.5% per year between 2018 and 2050 but it is outpaced by renewables consumption, which grows by 8.1% per year during the same period. By 2050, power sector coal consumption is 24 quadrillion Btu, and renewables consumption reaches 36 quadrillion Btu.
Strong growth in industrial applications leads projected industrial consumption to increase from 6 quadrillion Btu in 2018 to 22 quadrillion Btu in 2050.
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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...
Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
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- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Economic Council, Georgia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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