We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 05 February 20
RUSSIA EXPORTED 28.6 MLN TONNES OF LNG IN 2019 - REFINITIV
A lot of attention has been paid recently on the surge in LNG exports from the United States. However, another country which is seeing truly exponential growth in this sector is Russia. In the 12 months of 2019, Russia exported 28.6 mln tonnes of LNG, according to vessel tracking data from Refinitiv.
This represents an increase of +57.0% year-on-year, compared to the 18.2 mln tonnes exported in 2018. Also, it was +170.0% more than the 10.6 mln tonnes of LNG exported by Russia in 2017. Russia now accounts for 8.0% of global LNG seaborne exports. Last year there has also been a quite significant shuffling in the trade patterns from Russia. Japan used to be the top destination for Russian LNG until 2018.
In 2017, Japan accounted for as much as 62% of all Russian LNG exports. However, Japan’s share has fallen to just 20% in 2019. Even in absolute volumes, there has been a decrease last year. Japan bought only 5.8 mln tonnes of LNG from Russia in 2019,down -9.1% from 6.4 mln tonnes in 2018, and -12.3% down from the 6.6 mln tonnes imported in 2017. Shipments from Russia to Taiwan have also shrunk.
In 2019 Russia exported just 1.3 mln tonnes of LNG to the island, down -33% from 1.9 mln tonnes in 2018. Exports to South Korea have rebounded by +27% year-on-year in 2019 to 2.1 mln tonnes, from a low of 1.6 mln tonnes in 2018, and slightly above the 1.9 mln tonnes of 2017. The jump in demand from Mainland China was much more significant though. In 2019, Russia exported 2.8 mln tonnes of LNG to Main land China, up +98% year-on-year from the 1.4 mln tonnes of 2018,and almost six-fold the 0.5 mln tonnes of 2017. However, by far the biggest increase has been in shipments to Western Europe. In 2019, Russia exported 15.7mln tonnes of LNG to the European Union, a massive +191% year-on-year increase from the 5.4 mln tonnes of 2018. It’s worth pointing out that in 2017 the volumes were negligible (just 0.2mln tonnes).
LNG is playing an increasingly important role in Europe’s energy supply mix. Following a period of low utilization of Europe’s LNG import terminals between 2012 and 2017, LNG imports to Europe surged from the third quarter of 2018 onwards, and peaked in the spring of 2019. In total in 2019, the European Union imported 80.5 mln tonnes of LNG, up +79.5% year-on-year, and accounted for 22.5% of global LNG demand. Russia was the second largest supplier of LNG to the EU in 2019, being the source of 20% of the EU’s total imports.
In first place was still Qatar, which accounted for 27% of the EU’s LNG imports. Last year, the largest European importer of Russian LNG were France with 5.1 mln tonnes, followed by the Netherlands with 3.2 mln tonnes. Down the list we have the UK with 2.4 mln tonnes, Belgium with 2.3 mln tonnes, Spain with 2.2 mln tonnes. There have also been small volumes shipped to Finland, Sweden, Lithuania, and Portugal.
The vast majority of LNG exports from Russia are sourced from the Yamal LNG project, then or the northernmost industrial facility on the globe, and loaded at Sabetta Port on Russia’s Arctic coast. Yamal LNG is served by a fleet of 15 ice- class 170,000 cubic meter LNG carriers.
Source: Banchero Costa
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 14 February 20
KOWEPO INVITED BIDS FOR 1.275 MILLION TONS OF MIN. 5,600 NCV COAL
COALspot.com: Korea Western Power Co. Ltd (KOWEPO). as a representative of five Korean Gencos has issued an international tender for total 1,275,00 ...
Friday, 14 February 20
IS THE US COAL INDUSTRY COMPLETELY BURNED OUT? -FORBES
This is the fourth of a multi-part series on the state of the main sources of energy in the US and how they compare globally. The series will cover ...
Friday, 14 February 20
FITCH RTGS: GLOBAL PORTS VULNERABLE TO CORONAVIRUS - RELATED VOLUME DECLINES
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take ...
Thursday, 13 February 20
INDIA: MAJOR PORTS SHOW MUTED GROWTH IN CARGO AS THERMAL COAL VOLUME SLIDES 15% - BUSINESS STANDARD
A sharp slide of 15 per cent in thermal coal volumes weighed on the performance of major ports during the period of April-January of FY20. The majo ...
Wednesday, 12 February 20
REFINING SET FOR A CHALLENGING 2020 - WOOD MACKENZIE
Downstream isn’t the glamorous end of the oil business. And in Big Oil, it’s typically dwarfed by upstream. Yet having been forced to r ...
|
|
|
Showing 1136 to 1140 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
|
| |
| |
|