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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, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
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- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Economic Council, Georgia
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- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
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- Larsen & Toubro Limited - India
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- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
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- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Parliament of New Zealand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Singapore Mercantile Exchange
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- South Luzon Thermal Energy Corporation
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- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
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- Independent Power Producers Association of India
- Sical Logistics Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
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- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
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- Banpu Public Company Limited - Thailand
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- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
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- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
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- GAC Shipping (India) Pvt Ltd
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- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- ASAPP Information Group - India
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