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Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year’s 2.9% growth.
The projection comes on the back of record output in 2023, when the world’s largest coal consumer mined 4.66 billion tons of the polluting fossil fuel.
The China Coal Transportation and Distribution Association (CCTD) expects domestic coal prices to decline at an accelerated pace, partly due to weakness in its real estate markets, said Feng Huamin, senior analyst at CCTD’s research department.
Feng pointed to government orders to suspend infrastructure projects in some heavily indebted provinces as one of the key reasons for the pressure on prices.
Declines in property investment and sales in China have slowed amid government efforts to arrest a protracted downturn in the sector, but analysts were wary of calling an end to the pain in the fragile housing markets just yet.
Output from non-fossil sources will add to pressure on thermal output this year, with power output expected to grow in line with its 5% economic growth forecast, Feng said.
“A large portion of forecasting institutions believe that hydropower generation will see clear improvement this year,” Feng said, adding that higher solar and wind installations could help address about 70% of the expected growth in power demand.
Drought-like conditions in key generating regions resulted in China headlining an alarming decline in hydroelectricity output in Asia last year, as its output plunged at the steepest pace in decades.
Some miners have paused production for longer after the Lunar New Year break, sources familiar with the matter said. Feng said a few mines are already at risk of hitting their storage limits due to high inventory levels.
Separately, the top coal producing hub of Shanxi is expected to cut output by 40 million tons this year, partly due to a slew of accidents in the recent past, Feng said.
Shanxi saw mine accident-related deaths surge over 50% in 2023, pushing the mining safety regulator to issue a notice last month asking mines to curb overproduction to prevent accidents.
However, power use by industries during the first two months of 2024 grew at a surprisingly high 9.7%, Feng said, a trend which could push stockpiles lower if it continues.
Source: Reuters
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- MS Steel International - UAE
- PTC India Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- The University of Queensland
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- VISA Power Limited - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
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