Background

Vietnam, Pakistan and Bangladesh are now dubbed as new rising coal markets in Asia region with the expected surge of coal demand to meet the plans of developing new coal-fired power plants.

Vietnam is expected to increase coal demand until 2024, when all new coal-fired power plant projects with combined capacity of 7.3 GW are completed. The additional capacity of 7.3 GW will require a total of 18.3 million tons of coal per year assuming that each GW requires about 2.5 million tons of coal per year, according to data from the Institute for Energy Economics and Financial Analysis (IEEFA)

Indonesia only accounted for about 30 percent of Vietnam’s coal import, lower than Australia’s 35 percent share.

In Bangladesh, the capacity of coal-fired power plant would reach 7.3 GW in 2020 with the expected annual coal consumption of 19.5 million tons compared to the current existing coal power plant of 1.9 GW with coal consumption of 6 million ton per year.

Pakistan’s latest long-term power plan forecasts its imported coal-fired power fleet will operate at just 14 percent utilization by 2030 as priority switches to domestic coal power. 2019 coal imports from South Africa were 12m ton (2017: 8.7m ton)

This means that the new market opportunity without claiming South African share is at best 5.4m tons (3m tonnes per GW).

Coal & Mineral Asia Magazine and Indonesian Mining and Energy Forum (IMEF) would jointly organize the webinar to the future of Coal market in Bangladesh, Vietnam and Pakistan. How should Indonesian coal miners compete with other producing countries in the market.

The webinar would discuss:

• Government policies on coal domestic and export policy in Vietnam, Bangladesh and Pakistan.
• Analysis of coal trade flows in Bangladesh, Pakistan and Vietnam – What are advantages for Indonesian coal in these markets? How can Indonesia stay competitive in the three coal markets?
• Current preference in sourcing coal in Bangladesh, Pakistan and Vietnam – Who are supplying the most? What is the trend in the next 3-5 years?

Program Rundown