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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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Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
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Showing 5911 to 5915 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Australian Coal Association
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- White Energy Company Limited
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- The University of Queensland
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
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