Republic of the Philippines DEPARTMENT OF ENERGY COAL MARKET OUTLOOK IN THE APEC REGION Alejandro F. Oanes Geothermal & Coal Resources Development Division Energy Resource Development Bureau

OUTLINE OF PRESENTATION I.Introduction II.Current Coal Market Situation in APEC III.Energy Outlook within APEC IV.Coal Market Outlook for Major Players V.Coal Price VI.Conclusion

THE BOGOR GOALS OF APEC Trade and investment liberalization that works for the elimination of tariff and non-tariff barriers to trade and investment Business facilitation to work for improved access to trade information and aligned policy and business strategies for trade Economic and technical cooperation for capacity building to enable members to meet their economic potential

Asia-Pacific Economic Cooperation (APEC)

Coal Proven Reserves, Million Tons at end 2005 APEC Countries 68% Non-APEC Countries 32%

APEC Countries 75% Non-APEC Countries 25% Coal Production (million TOE) as of end 2005

Coal Consumption (million TOE) as of end 2005 APEC Countries 73% Non-APEC Countries 27%

CURRENT COAL MARKET SITUATION IN APEC

APEC Coal Reserves as of end Million Tons

APEC Coal Production as of end 2005

APEC Coal Consumption as of end 2005

Net Coal as of end 2005

ENERGY OUTLOOK WITHIN APEC

Source: Asia Pacific Energy Research Center (2005)

Primary Energy Supply Outlook Source: Asia Pacific Energy Center 2002

COAL MARKET OUTLOOK FOR MAJOR PLAYERS

Source: Reference Case Projections, InternationalEenergy Outlook 2006, EIA

Source: Philippine Department of Energy

Panian Pit, Semirara Mining Corporation, Philippines

TERIMA KASIH Salamat Po! Thank You!