We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
 Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unprecedented levels and global markets are buckling under the strain. Many countries are heavily reliant on imports of gas and high spot prices are making supplies unaffordable.
There is plenty of coal and gas in the world but current market volatility is crimping demand.
Gas prices haven’t gone up a little bit – they have multiplied. The increased volatility in gas prices globally is a feature that’s going to stay. There are going to be some extremely high prices and also some extremely low prices. That’s because we’re going through a total energy disruption at the moment, and with that, we’re seeing climate change responses.
Countries such as Japan have said that by 2030, they’re going to more than halve their use of LNG in their power sector. That means they will be putting supply effectively back into the market because they won’t be taking all their contracted gas.
On the other hand, there is enormous supply coming out of Qatar. It is looking to increase its LNG production by 64% by 2027. That’s a massive amount of LNG that will be coming onto the market looking for a home.
In January 2021, an IEEFA report noted that due to what was happening in the U.S., we were likely to see much higher prices this year, with prices forecast to double or even triple. That has come to pass. In the coming years we are likely to see increased volatility in prices as supply and demand struggle to find a balance.
Australia’s major clients are now looking at gas as a fuel exiting the energy system. Over time, we’re going to see them wind their way out of LNG. LNG will still form a niche fuel in terms of the need for it in manufacturing. However, gas will definitely go out of household usage in the short term and will be used less for electricity generation.
Australia has to look forward at energy sources of the future, not look backwards at energy sources of the past. Unfortunately, the country has chosen to look backwards and put all of its eggs in the ‘gas-fired recovery’ at the very time its customers are saying they don’t want the product.
This extract is from an interview IEEFA’s Bruce Robertson did with ABC’s Linda Mottram.
Source: IEEFA
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
|
|
|
Showing 421 to 425 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sojitz Corporation - Japan
- Planning Commission, India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- The University of Queensland
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- PTC India Limited - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- London Commodity Brokers - England
|
| |
| |
|
