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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, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Minerals Council of Australia
- PTC India Limited - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Parliament of New Zealand
- Australian Coal Association
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Planning Commission, India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
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