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Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
 CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increase of more than 500 thousand metric tons of coal demand in a year until 2014.
A data from the DOE revealed that demand for coal in the Philippines is projected to reach at an average of 16 million metric tons by 2014, while new power plants now being built.
By the end of 2009, coal orders nationwide is seen to touch the 14 million metric tons level, from the 13 million it posted last year.
According to DOE senior science specialist Ronaldo Pendor, coal is becoming a very valuable commodity in the coming years.
DoE data further showed that coal consumption in 2007 was at 10.2-million MT, with power generation firms eating up 73.67 percent of the share at 7.5-million MT.
This was followed by cement companies with 2.2-million MT, and industrial firms at 449,701 MT.
Semirara Island, in Antique accounted for 3.5-million MT in coal production in 2007, which totaled 3.74-million MT, or 93.59 percent market share. In the Visayas, total coal production in Cebu was at 15, 438 MT and Negros with 1, 259 MT.
Coal importation in 2007 was dominated by the Indonesian market at 5.6-million MT, followed by China (1.04-million MT), Vietnam (473,032 MT), and Australia (650,000 MT).
The Philippines has to source out coal from countries like Indonesia whose coal component is “superior” compared to those found here.
Coal resources found in the country include lignite coal, hard coal, and sub-bituminous coal.
DoE 2007 data also showed that the country’s total coal reserves is at 2.4-billion MT, with positive reserves at 310-million MT and total mineable reserves at 329-million MT.
Cebu, in particular, showed coal reserves of 165-million MT, 6.9-million MT of positive reserves and 7-million MT of mineable reserves.
Pendor said the entry of more power generation firms in the next two to three years is seen to drive the demand for coal as a source for fossil fuel.
In Cebu, power consortium Cebu Energy Development Corp., composed of the Aboitiz Power Corporation, Formosa Holdings Inc., Global Business Power Corporation and Vivant Power Corporation, is now fast tracking the development of a 246-megawatts (MW) coal-fired power plant in Toledo City, Cebu. The plant is said to utilize some 300,000 MT of coal per month.
The first of the three 82-MW unit is expected to be operational by February 2010, which would address the supply and reliability problems of Cebu’s power industry.
Pendor also cited potential areas for coal mine-mouth power plants are found in Cagayan Valley for a 200-MW plant, Isabela (100-MW), Semirara, Antique (300-MW), and Sultan Kudarat (200-MW).
Earlier, Aboitiz Power Corporation (AP) president Erramon Aboitiz said that as of this time, in the Philippines, is it still expensive to source energy from renewable sources, thus utilizing imported fuel, and coal still a practical choice.
Source: PhilStar
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Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
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- Eastern Coal Council - USA
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
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