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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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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
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Showing 5881 to 5885 news of total 6871 |
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- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
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