India’s Coal Supply Shock Causes Major Power Outages
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due to a major increase in Continue Reading
Pakistan looks for alternatives as South African coal remains out of bounds
Pakistan eyeing countries like Afghanistan, Tajikistan Domestic coal shortage hurts power supply CFR Pakistan 5,750 kg/kcal NAR coal at $366.05/mt April 20 Thermal coal buyers in Pakistan are looking for Continue Reading
Eight-Hour Blackouts Hit India After Hottest March on Record
Coal shortage threatens to exacerbate energy, food inflation Nomura warns of ‘stagflationary shock,’ drop in factory output An already sweltering summer and acute coal shortages are triggering blackouts across parts Continue Reading
India’s big industrial states plan massive coal imports to stave off shortages
Three of India’s most industrialized states plan to import 10.5 million tonnes of coal in coming months as officials scramble to arrest widespread power cuts, a move that could push Continue Reading
High Energy Prices Lead To Power Cuts In Pakistan
Soaring prices of liquefied natural gas (LNG) and coal on the international markets have left Pakistan, the world’s fifth-most populous nation, with having to cut electricity supply to households and Continue Reading
India eyes Russian coal offered at steep discounted price amid domestic shortage
Few cargoes of Russian coal traded to India: sources Russian 5,500 kcal/kg NAR FOB at $60/mt discount to Newcastle coal Indian stockpiles dwindling, sufficient for 8 days of burn Payment Continue Reading
India eyes Russian coal offered at steep discounted price amid domestic shortage
Few cargoes of Russian coal traded to India: sources Russian 5,500 kcal/kg NAR FOB at $60/mt discount to Newcastle coal Indian stockpiles dwindling, sufficient for 8 days of the burn Continue Reading
India Is Stalling the W.H.O.’s Efforts to Make Global Covid Death Toll Public
The agency has calculated that 15 million people have died as a result of the pandemic, far more than earlier estimates, but has yet to release those numbers. A mass Continue Reading
Indian Oil removes Russian Urals from latest tender, sources say
Indian Oil Corp (IOC) (IOC.NS) has excluded several high-sulfur crude grades, including the Russian Urals, from its latest tender, trade sources said on Tuesday. India’s top refiner informed market participants Continue Reading
Sri Lanka unilaterally suspends external debt payments, says needs money for essentials
Sri Lanka’s central bank said on Tuesday it had become “challenging and impossible” to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials Continue Reading