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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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Friday, 04 December 09
KALIMANTAN GOLD AGREES TO SELL IBP COAL CONCESSION
COALspot.com ( Press Release): Kalimantan Gold Corporation Limited ("KLG" or the "Company"), which undertook drilling and had an ...
Friday, 04 December 09
JSW ENERGY TO BUY OUT PARENT FIRM'S COAL BLOCK
JSW Energy plans to buy the stake held by JSW Steel in a thermal coal block in Mozambique in an attempt to become an integrated energy company with ...
Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal i ...
Thursday, 03 December 09
INDONESIA MAY ALLOW COAL SALES BELOW GOVT PRICE
Reuters reported that, Indonesia is considering giving producers some flexibility to sell coal below the government's monthly benchmark price to co ...
Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and ...
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- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Australian Coal Association
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
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