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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, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
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- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
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- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
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- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
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- White Energy Company Limited
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- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
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- GVK Power & Infra Limited - India
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- Altura Mining Limited, Indonesia
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- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
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- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
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