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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complaints about the length of contracts.
Speaking to reporters after meeting investors on Wednesday, Darwin said miners such as France’s Eramet were worried about the future of their projects because the law limits exploration licenses to eight years and production contracts to 20.
“Eramet wants licenses to last 50 years,” Darwin said.
“The concern was not only from Eramet but also from others investors, both national and foreign,” he added.
Darwin said the ministry would send a request to the House of Representatives this month asking that the law be amended to increase contract durations, but he offered no further details.
Bambang Setiawan, director general of coal, mineral and geothermal energy at the ministry, said on Wednesday that the mining law and its implementing regulations had done little to reassure companies operating here.
“This has created confusion for the investors,” he said.
He added that another cause of concern was the law’s domestic market obligations requiring mining companies to set aside a portion of their output to meet local demand, as well as the requirement for foreign investors to have a local partner.
The Energy Ministry has set a target for investment in the sector to increase by 56 percent from $18 billion in 2009 to $28 billion this year, including $2.5 billion in the mining sector.
The country has been struggling to secure investment to accelerate economic growth to between 6 percent and 7 percent a year. The tangle of laws and regulations has left many potential investors sitting on the sideline. The economy this year is expected to grow by about 5.5 percent.
Source: The Jakarta Globe ( By: Reva Sasistiya)
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Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Planning Commission, India
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
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