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Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
 Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned four coal-fired power plants as part of the China-Pakistan Economic Corridor project: the 1 320 MW Sahiwal plant in Punjab; 1 320 MW Port Qasim plant in Sindh; 1 320 MW Hubco plant in Balochistan. All three use imported coal. The 660 MW Engro Powergen plant in Thar (Sindh province) operates on lignite from Thar Block II.
These power plants, together with more than 10 Mt used by the industry sector (mostly for cement), raised coal consumption in Pakistan to 20 Mt in 2019. Coal consumption is estimated at around 25 Mt in 2020 and projected at 30 Mt in 2021. Beyond 2021, another 5 GW of coal-fired power plants are planned, mostly operating on domestic lignite. Moreover, the government has plans to turn Thar lignite into liquid and gas fuels and fertilisers, although some challenges would need to be overcome.
In Bangladesh, the mine-mouth 525 MW Bakapuria power plant was the only coal power plant until, in May 2020, the first unit of two 660 MW USC blocks at Payra power station started operations. This is the first power plant in Bangladesh to depend on imported coal which will increase demand by 3-4 Mt per year. So far, demand has been dominated by brick kilns, which account for 80% of Bangladesh’s coal consumption.
Plans for expansion of coal-fired generation in Bangladesh have been shelved: most of the more than 30 GW of proposed coal capacity will not be built reflecting lower gas prices, increasing anti-coal pressure and lower expectations for power demand growth. Nevertheless, the 1 320 MW SC Maitree plant (Rampal), expected to be operational by 2021, the 1 200 MW USC Matarbari, the 307 MW Barishal power plant and the 1320 MW Patuakhali power plant, all under construction, would increase coal consumption to over 30 Mt per year before 2025. The future of Bangladesh’s other coal plants is very uncertain.
Sourcce: COAL 2020, IEA
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Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
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- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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