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Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an outlook released on Thursday.
Non-fossil energy supply, led by solar and wind, will likely exceed the equivalence of 3 billion metric tons of standard coal by 2045 to become the dominant energy source for more than half of primary energy consumption, Sinopec said in the 2060 outlook, which was released in Beijing.
Oil consumption is projected to peak around the middle of 2026-2030 at 800 million metric tons, or about 16 million barrels per day, partly due to faster-than-expected expansion in the new energy vehicle sector, Sinopec added.
China, the world’s second-largest oil consumer, is estimated to use 760 million tons, or 15.2 million bpd of oil this year.
Sinopec also forecast China’s demand for natural gas – a key bridge fuel before reaching carbon neutrality – to reach a plateau at around 2040 of 610 billion cubic meters (bcm) to account for 13% of primary energy use. This compares with 425 bcm and 9% of primary energy consumption projected for 2025.
China’s total carbon emissions from energy activities are expected to peak during the 15th Five-Year Plan period at 10.1 billion metric tons, up from 10.02 billion tons in 2023.
Source: Reuters
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Friday, 25 November 22
APAC THERMAL COAL PRICES CORRECT FROM RECORD HIGH - FITCH RATINGS
Prices of Newcastle 6,000kcal/kg coal have corrected following falling European gas and coal prices, and more supply from Australia could help miti ...
Thursday, 24 November 22
VIETNAM BOOSTS COAL USE PLAN FOR 2030 AS G7 CLIMATE OFFER STALLS - REUTERS
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables ...
Tuesday, 22 November 22
THE GENCON 2022 CHARTERPARTY - GARD
KNOWLEDGE TO ELEVATE
BIMCO has published a revamped version of the popular GENCON charterparty. Our author, Helena Biggs, was a member of the ...
Tuesday, 22 November 22
INDIA POWER BINGES ON COAL, OUTPACES ASIA - REUTERS
India’s coal-fired power output has increased much faster than any other country in the Asia Pacific since Russia’s invasion of Ukraine ...
Friday, 18 November 22
REALITIES OF LOI LIABILITIES - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
The cargo misdelivery claim in Trafigura Maritime Logistics Pte Ltd v. Clearlake Shipping Pte Ltd (Miracle Hope) [2022] E ...
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- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- The University of Queensland
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
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