We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
|
|
|
Showing 6296 to 6300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- The University of Queensland
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
|
| |
| |
|
