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Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
 COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.
According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.
“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.
China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal. However, some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.
In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.
“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices.
In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow. “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.
The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Indogreen Group - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
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