Mediterranean Coal Markets 2016

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VI Int. Mediterranean Coal Markets 2016 Conf, organized by Business-Forum, took place on 22nd September in Istanbul, Turkey. The event 2016 was focused on regional coal consumption, supplies and logistics. Special attention was given to Turkey being the most dynamic coal market in the MED region.

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Turkey continues to raise imports of steam coal from Colombia. Supplies reached 1.7 million t in July versus 1.5 million t in June.The main reason behind the rise is growing generating capacities. Metal Expert’s data show Eren Energy launched the fourth 0.7 GW power unit at its power plant ZETES in the second half of August. At the moment the overall capacity of the plant is 2.79 GW, it consumes 20,000-21,000 tpd. The company imports 6,000 kcal/kg coal mainly from Colombia under long-term contracts.

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Last week Turkey’s Eren Energy invited a tender to buy 36 lots of coal for 2017. The coal is to be shipped by Capesize vessels three times each month. The company intends to import coal with a minimum calorific value of 5,800 kcal/kg, maximum 1.2% of sulphur, minimum 22% of volatiles and maximum moisture of 10%. Previously the material was being shipped from Colombia under long-term contracts.Daily coal consumption at Eren Energy-owned ZETES power plant (2.79 GW) amounts to 20,000-21,000 t.