1. 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

2. 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

3. 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

4. Asia-Pacific Economic Cooperation (APEC)

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

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

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

8. CURRENT COAL MARKET SITUATION IN APEC

9. APEC Coal Reserves as of end 2005 615.309 Million Tons

11. APEC Coal Production as of end 2005

12. APEC Coal Consumption as of end 2005

13. Net Coal as of end 2005

14. ENERGY OUTLOOK WITHIN APEC

15. Source: Asia Pacific Energy Research Center (2005)

16. Primary Energy Supply Outlook 2002-2020 Source: Asia Pacific Energy Center 2002

17. COAL MARKET OUTLOOK FOR MAJOR PLAYERS

18. Source: Reference Case Projections, InternationalEenergy Outlook 2006, EIA

19. Source: Philippine Department of Energy

20. Panian Pit, Semirara Mining Corporation, Philippines

21. TERIMA KASIH Salamat Po! Thank You!