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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, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
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- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
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