Coal Sales

PNOC EC’s coal marketing and trading business continued to serve the coal requirements of its industrial and power plant customers with the coal production from COC 41 and other local coal mine sources.

In 2008, direct coal sales were 870 thousand metric tons, an improvement from 2007’s 776.83 thousand metric tons. The improvement can be attributed to increase in demand for domestic coal by PNOC EC’s clients. PNOC EC was also able to trade 112,536 metric tons of Indonesia coal to China during the year.

Integrated Services

Aside from coal sales, PNOC EC also offers integrated services such as discharging foreign and local coal shipments, stockpiling, screening, blending and hauling of coal to power plants and cement factories in the Philippines.

Total actual volume handled for 2008 is 139 thousand metric tons, a slight fall from 2007’s 149.19 thousand metric tons. The decrease in volume handled can be attributed to the decrease in coal imports by PNOC EC’s Batangas based client.