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Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more favourable weather conditions than this year, a company director said on Tuesday.
The company estimated 2022 coal output at 70-76 million tonnes, lower than the 78.8 million tonnes it produced last year. Coal output in the first nine moths of this year was 8.67% lower than the same period last year due to heavy rain.
The company has proposed to the energy ministry a work plan for 2023 to produce around 80 million tonnes of coal, Bumi Resources director Sri Dharmayanti said during an online briefing.
“While official guidance has not been finalized for next year, we think it can be an internal target of up to 85 million tonnes,” Bumi Resources director Dileep Srivastava told the same briefing.
Srivastava said the heavy rain this year has caused Bumi’s production to drop around 10%, losing roughly $1 billion in revenue.
“If the rain is manageable in 2023, we should get higher volume and add back the $1 billion revenue that we have sacrificed because of rain this year,” Srivastava said.
Source: Reuters
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Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time cha ...
Thursday, 29 September 22
MARKET INSIGHT - INTERMODAL
This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers o ...
Thursday, 29 September 22
HIGH COAL PRICES REMAIN A CONCERN FOR DOMESTIC NON-FERROUS METAL COMPANIES - ICRA
According to ICRA on Monday, the high price of coal will have a negative effect on the profitability of domestic non-ferrous metal companies that m ...
Tuesday, 27 September 22
14% INCREASE IN EUROPEAN COAL DEMAND TO BE SHORT-TERM TREND - WOOD MACKENZIE
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the curr ...
Friday, 23 September 22
CHINA DIGS DEEP TO RAISE COAL OUTPUT TO RECORD HIGH - REUTERS
China’s coal production has surged this year as the government seeks to improve energy security by reducing dependence on imports and amassin ...
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- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Economic Council, Georgia
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- PTC India Limited - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
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