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