We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from state-owned Pipe China showed on Wednesday, underscoring the stepped-up efforts from Chinese authorities to ensure industrial power supplies and residential heating as the winter peak season arrived earlier this year.
Despite higher global natural gas prices, industry observers said that prices and supplies in China, the world’s largest natural gas user, will remain stable, in particular for residential heating.
The country won’t face another power crunch similar to late October, when a temporary coal supply shortage led to production suspensions and disruptions to people’s lives, they said.
The 600-million-cubic-meter daily volume of natural gas delivered by Pipe China’s network was achieved 14 days earlier than in 2020, the company said. It plans to buy 11 bcm of natural gas between this month and next spring, which is equivalent to growth of 14.9 percent year-on-year.
In a statement sent to the Global Times on Monday, Chinese oil major Sinopec said the daily supply of natural gas had been boosted by an additional 11 million cubic meters to North China, and the nationwide supply had risen to 180 million cubic meters.
Last week, the natural gas storage facility of China National Petroleum Corp (CNPC) in Lamadian town, Daqing oil field – China’s first underground natural gas storage station with a supply capacity of 1 million cubic meters a day – started supplying China’s Northeast region, according to a statement on CNPC’s website.
“China has shored up natural gas supplies ahead of the winter season every year, but this year the work started earlier as global prices surged and supplies got tighter. This situation raised the urgency of preparing more storage capacity and expanding natural gas imports,” an industry insider surnamed Lin told the Global Times on Wednesday.
Some industry insiders estimated that China’s winter natural gas demand in 2021 will be 10 percent higher than last year.
Analysts stressed that China’s supply is able to meet demand, and while natural gas shortages are getting worse in Europe, people in China will be able to enjoy a warmer winter.
As of mid-November, the price of LNG in China contracted by 1.7 percent to 7,508.4 yuan ($1,176) a ton compared with the beginning of the month, according to the National Bureau of Statistics.
The National Development and Reform Commission, China’s economic planner, declared over the weekend that China has full confidence in ensuring supplies, including energy and vegetables for the winter and stabilizing prices.
As part of an effort to boost imports, Sinopec Corp signed a contract with the US’ Venture Global LNG in early November to buy 4 million tons of LNG annually for 20 years. It is the largest long-term LNG deal ever signed between China and the US.
Source: Global Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
|
|
|
Showing 361 to 365 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Australian Coal Association
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
|
| |
| |
|
