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Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after posting record output last year amid a recovery in demand.
Indonesia’s coaloutput in 2023 was 775 million tons, up from 687 millions a year earlier and above the 695-million-ton target, Mining Minister Arifin Tasrif told reporters.
Around 518 million tons of Indonesian coal were exported last year, he added, an 11% increase from 2022. Arifin did not provide an outlook for exports in 2024.
“Our coal exports increased (last year) due to rising energy demand while supply of alternative energy sources was disrupted,” Arifin told reporters, referring to gas supply disruptions due to the war in Ukraine.
Meanwhile, domestic demand was higher than expected as power demand recovered from the pandemic impact and a number of coal-fired power plants came online, Arifin said.
Indonesia has pledged to shift away from coal, which currently makes up around half of the country’s source of energy, towards renewable resources.
The government plans to raise to 23% the share of energy generated from renewable sources by 2025, though as of last year only 13% of the Southeast Asian country’s energy mix was represented by renewables, ministry data showed.
“We are still committed and will optimise the utilisation of renewable resources we have,” he said, but added: “We need to be realistic.”
In the transport fuel sector, Indonesia estimated this year that its domestic consumption of biodiesel made from palm oil would reach around 12.5 million kilolitres, up slightly from 2023’s 12.2 million KL.
The government has allocated 13.4 million KL for biodiesel consumption in 2024, and targeted 13.9 million KL consumption next year.
Source: Reuters
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
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