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Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
 Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
Therefore, he has urged the government to create a precise map of the reserves and develop a plan that would enable Indonesia to meet its growing demand for power while continuing to be a major coal exporter.
Bob recently sat down with the Jakarta Globe to talk about energy security, the rising demand for electricity and the next boom in coal on Sumatra island.
Can we reduce the aggressive exploitation of coal, one of the dirtiest sources of energy available?
Yes, we can, but coal is still the cheapest resource for power generation. We are aware that coal is the dirtiest but can we get cheaper and cleaner resources now? I don’t think so.
What about new technology such as coal liquefaction?
It’s good but it’s highly expensive. Investors need at least $10 billion and billions of tons of coal within a certain number of years to generate an adequate return.
When can we expect peaks in national coal production and consumption?
Currently, our coal consumption is about 40 million to 50 million tons per year. I think peak consumption will likely be around 150 million tons.
This year we may produce up to 270 million tons, with expected national coal consumption of about 50 million. I see peak production at about 300 million to 325 million, maybe up to 350 million tons a year. That means we could live with our coal for at least 50 to 70 years.
What is the biggest problem coal producers are facing?
We don’t have a clear map of the country’s coal reserves. It would be great if the government could provide comprehensive data regarding the coal reserves and mineable coal. Where is the coal? What’s the quality? If we have the map then we can measure when can we increase our electrification rate, how much coal we need what the calorie rate is.
What does the association want from the government over the next two or three years?
The mapping is the most important thing we need. Second, if we want to boost the country’s revenue the government should not limit the volume of coal production. It’s great that the government has launched the domestic market obligation but the pricing must be done according to an international index price.
If the government sets its own price then nobody wants to sell their coal to the country’s power generators. The payment by local players is also a problem because the coal producers only get paid about 60 to 90 days after they deliver the coal.
What do you think about India and China aggressively seeking Indonesia’s coal? Will it benefit us or hurt our energy security?
It’s good for us because 60 percent of every dollar from coal sold outside the country goes to the government. The energy security should be ensured through the creation of the mapping. Do we want all coal-fired power plants or a combination of geothermal, coal, nuclear and gas? If we get the mapping finished we could focus on what coal we must allocate for domestic use and what we could export.
Meanwhile, India and China are two different animals. India is aggressive, while China is becoming more selective. China is sucking up all the mineral resources it can in order to maintain its economic growth.
India really needs our coal because it needs to chase China’s economic growth. So, India’s appetite is actually bigger than China’s.
India has many new power plants it expects to come onstream in the next several years and it needs a huge amount of coal. I just recently met several Indian buyers and they are keen to take everything we have.
So the big investment in coal will continue this year?
Yes, despite many problems concerning regulations many investors are still coming to Indonesia. They want to collaborate with local players because if they are doing it by themselves they will be manipulated.
Local players also need to tackle social issues and legal uncertainties.
However, they will find it hard to find a big coal concession because it has already been taken by Indonesia’s big players. Can they find any other big concession now? I don’t think so.
Where is the next coal boom? Kalimantan, Sumatra or Papua?
I think Sumatra if the railway infrastructure is constructed. Yes, Papua has it, too, but to tap the island that has so many minerals is not ideal. It has its own minerals like gold and copper. We should not take coal from Papua.
Source: The Jakarta Globe - By: Janeman Latul
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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
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Showing 5941 to 5945 news of total 6871 |
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- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- The University of Queensland
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
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