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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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Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
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- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
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