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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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Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
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- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- PTC India Limited - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- MS Steel International - UAE
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
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