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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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- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
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