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Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining companies for taking too much profit. The profits of these companies, he said, reached 66 percent of total production, while the state only receives 34 percent of the profit.
“That’s too much. It’s different with the oil and gas industries that provide benefits for the state and the public,” he said in Balikpapan on Saturday.
This condition has led to rapid growth in the mining industry and the high production profit has also seen many Indonesian grow rich, he said. “Look at the list of the richest people in Indonesia according to Forbes magazine. Almost all of them are in the coal mining sector,” he said.
As such, Widjajono said the regulation on profit sharing in the coal mining sector between the government and contractor companies must be revised.
He said the Energy Ministry was now drafting a formula for coal mine profit sharing between coal companies and the state.
Source: Tempo Interactive
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Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
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- Electricity Generating Authority of Thailand
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- The University of Queensland
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- Bulk Trading Sa - Switzerland
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- Sree Jayajothi Cements Limited - India
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- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
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- The State Trading Corporation of India Ltd
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- Ministry of Transport, Egypt
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- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
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- Deloitte Consulting - India
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- SMC Global Power, Philippines
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- Singapore Mercantile Exchange
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- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
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- International Coal Ventures Pvt Ltd - India
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- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
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- Bhoruka Overseas - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- India Bulls Power Limited - India
- Romanian Commodities Exchange
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- Aditya Birla Group - India
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- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
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- Samtan Co., Ltd - South Korea
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- Economic Council, Georgia
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- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
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- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
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- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
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- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
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- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
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- Standard Chartered Bank - UAE
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- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
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