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Thailand Boosts Imports of Russian Coal In January-May

Argus, citing market participants, reported that Thailand’s imports of Russian coal almost tripled on the year in January-May to 498,000 tonne from 164,000 tonne And Russian shipments to Thailand are expected to keep rising because of competitive prices. Russia became the third-largest coal supplier to Thailand this year, with its share of imports rising by […]

Indonesia’s coal price reference drops 11.73 percent

Indonesia’s coal price reference (HBA) dropped by 11.73 percent to US$71.92 per metric ton in July from $81.48 per metric ton in the previous month. Energy and Mineral Resources Ministry spokesman Agung Pribadi said on Thursday that the decline was due to external factors, particularly a production increase in China, import cuts by India and […]

Indonesia’s regulatory changes set to bring more uncertainty to coal sector

Nusa Dua, Indonesia INDONESIAN coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources. The Indonesian government is in the process of amending coal mining rules to enforce implementation of a 2009 mineral law that requires miners to convert their mining permits […]

Indonesia’s Bukit Asam aims coal gasification from new plants by 2024

NUSA DUA, Indonesia: Indonesian state coal miner PT Bukit Asam expects coal gasification from first of its four plants being built by the company near its mine in Tanjung Enim, South Sumatra by 2024, a company official said on Monday. The factories are being constructed in a consortium with state energy company Pertamina, state fertilizer […]

Indonesia to charge higher coal mining royalties under revised rules

JAKARTA, June 20 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has proposed revising regulations governing mining rights to include higher royalty payments and earlier applications for permit extensions. Under the proposals, royalties on coal sales to central government would rise to 15% from 13.5%, Bambang Gatot Ariyono, the ministry’s Director General of Coal and […]

Bumi Resources expects to sell 42 million tons of coal in first half

PT Bumi Resources (BUMI), Indonesia’s largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million tons, or 47 percent of its full-year target of 88-90 million tons. BUMI corporate secretary Dileep Srivastava said on Tuesday that the firm had sold 20 million tons of coal in […]

Indonesian firm to export coal to Bangladesh

Bangladesh is set to import coal for the first time for a power plant as part of efforts to diversify its fuel mix in the electricity generation sector. The Bangladesh-China Power Company signed a deal with an Indonesian firm in Dhaka on Sunday to import coal for the 1,320-megawatt coal-fired Payra power plant in Patuakhali. […]

Royal Group to do study on 700 MW power plant

Royal Group, Cambodia’s largest conglomerate, was granted permission last week to conduct a feasibility study on a 700-megawatt coal-fired power plant in Preah Sihanouk province. For in depth analysis of Cambodian Business, visit Capital Cambodia . Victor Jona, spokesman at the Ministry of Mines and Energy, yesterday said that permission to proceed with the study […]

Vietnam’s May coal imports rise 57% on year to 3.86 mil mt

Vietnam imported 3.86 million mt of coal in May, comprising mainly thermal coal and coking coal, surging 57.1% from the same month in 2018, according to preliminary data released by Vietnam Customs. The import value in the month was $380 million, up 51.4% year on year. Indonesia was the biggest supplier of coal in the […]

Thailand’s CP Foods launches project to eliminate coal usage

Thailand’s Charoen Pokphand Foods PCL (CP Foods) on Thursday announced a project to phase out coal usage from all its operations in the country in response to the UN sustainable development goals. In a press release, the company also reported the progress of its sustainability goals and recent sustainability initiatives. Agro Industrial Business CEO and […]