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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, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
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