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Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
 Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estimates that the newly independent country sits on the world’s fifth largest reserve of the fuel.
Metal firm Ferronikeli, one of Kosovo’s biggest companies, is importing lignite from the other side of the world because it cannot access the country’s rich reserves of brown coal.
Balkan Insight has discovered that the ferronickel exporter has been forced to sign deals with Malaysia and Indonesia to import lignite to its plant in Drenas.
Kosovo has about 14,700 million tonnes of unexploited lignite, worth some 120 billion euro, which is estimated to be the fifth largest reserve of brown coal on the planet.
But Kosovo’s current mines are soon to run out of coal and Ferronikeli, which was bought in 2007 by IMR/Alferon as part of Kosovo’s privatisation programme, complains that the lignite which is available cannot be used.
Arten Bajrushi, spokesman for Ferronikeli, told Balkan Insight: “Even early on, and still today, we have imported lignite from other countries of the world. We have agreements with Indonesia and Malaysia to import lignite.”
He added that only a very small amount of lignite is taken from KEK, Kosovo’s national energy provider, because the publicly owned firm cannot provide enough lignite, and that the coal it can provide is ‘too wet’ for Ferronikeli to use.
Bajrushi said: “Lignite that KEK uses for electricity is 38 per cent wet, while for our technological processes lignite needs to be only 18 per cent wet.
“This issue was supposed to be solved by a drying facility that KEK does have, but it does not work most of the time,” said Bajrushi.
He added that KEK’s organisational problems mean that it is cheaper for his firm to import coal from thousands of kilometres away rather than buy it in Kosovo.
Transporting from South East Asia remains cheaper, even though coal is shipped to Greece, as Albania and Montenegro do not have the capacity to take large cargo.
“The ports of Albania can only take 10,000 tonnes of coal, while the Greek ports can take 50,000 tonnes of coal, of which 10,000 goes to Ferronikeli and the rest is taken by other companies,” said Bajrushi.
He hopes that with the privatisation of KEK, the situation will improve, as currently only KEK has the right to sources of energy.
But officials at KEK told Balkan Insight that it does not have the right to sell lignite. According to Viktor Buzhala, KEK Spokesman, only Kosovacoal KC, a subsidiary of KEK, has the right to sell lignite.
He refused to comment on why the drying facility doesn’t work, pointing Balkan Insight towards KosovaCoal. No officials at the firm responded to questions.
Kosovo is currently using just 2 per cent of its coal stocks at the Mirash and Bardhi mines, which are soon to be exhausted.
Economic experts believe that Kosovo must quickly open new lignite mines, which would be able to supply Ferronikeli and other firms.
Azem Rexhaj, who is executive director of the Independent Commission of Mines and Minerals, ICMM, said: “There are two options for Ferronikeli to receive its lignite from Kosovo – one is for it to be supplied by KEK, and the other is for Kosovo to open a new lignite mine.
“Kosovo’s lignite is good enough quality to suit Ferronikeli. This can be seen by the fact that between 1985 and the beginning of the war, Ferronikeli used this type of lignite,” said Rexhaj.
He urged the government to take the necessary measures to open a new lignite mine.
“With the opening of a new mine, we will have the opportunity to extract sufficient lignite, will also create new jobs and will stop the import of lignite that wastes several million euros a year,” said Rexhaj.
Lignite reserves are plentiful in the Dugagjini and Drenica area of Kosovo, near the Ferronikeli plant, and can easily be exploited, he added.
Kosovo’s government has decided to deal with the situation by opening the Sibovc mine, which can supply coal for 40 years.
“Workers are moving fast to make the opening of the mine happen. We think that our first coal from this mine will arrive in the middle of next year,” said Arben Gjukaj, Managing Director of KEK.
The new mine is being opened to supply Kosovo’s new power station, Kosova e Re, which has been dogged by delays.
It is not known whether coal from this mine will be supplied to Ferronikeli or when the drying facility will begin to work again.
Source: Balkan Insight
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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Australian Coal Association
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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