We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
 The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 percent from the 300 million tons extracted last year.
Bob Kamandanu, chairman on Indonesian Coal Mining Association (APBI) said in Jakarta on Monday the rise in production would be partly due to rising demand from India and China
“The coal market is very bullish at the moment. Demand is rising everywhere, especially in China and India,” Bob said.
He estimated the coal demand in the international market would continue to increase for at least the next five years, and that the surging demand would encourage the miners to boost their production.
“They will move on with exploration and exploitation. They will also seek for ‘unorganic’ growth through acquisition,” he said.
Bob added that as much as 59 million tons coal had been produced as of February this year.
“Therefore, the figure of 320 million is very much achievable,” he said.
Indonesian coal production stood at 238 million tons in 2008.
Of the 320 million tons estimated to be produced this year, Bob said the producers were required to allocate as much as 30 percent of their production for the domestic market to comply with the domestic market obligations (DMO) imposed by the government.
Bob said the percentage of production allocated to DMO was too high and would result in a glut in the domestic market.
“With a DMO of 30 percent, the coal supply for domestic market will reach around 90 million tons this year, while the actual domestic consumption is only at about 60 million tones. This means there is an oversupply by about 30 million tons,” Bob said.
The domestic demand for coal is increasing as state power firm PT PLN begins to begin operations at several new coal-fired power plants. The domestic coal demand rose to 56 million tons in 2009 from 41 million tons in 2004.
Coal and other mining commodities have been important sources for the state budget. The sector contributed as much as Rp 15 trillion in non-tax revenues last year and is expected to contribute the same amount this year.
Director general for minerals, coal and geothermal Bambang Setiawan said the government was preparing the sector to adopt the Extractive Industries Transparency Initiative (EITI), a global initiative obliging oil, gas, and mining companies to reveal what they pay and, as for the government, to disclose what they receive.
“This will reduce pressure on the mining industry, because the public can see directly what the companies have done and make fair judgment afterward,” he said.
Bob said companies would prefer the required information compiled by the initiative to be published through the government instead of through the companies.
EITI requires both the companies to publish what they have paid to the government and the government to disclose their revenue from the companies. The dual publication is expected to create transparency in the industry.
Source: The Jakarta Post ( By - Alfian)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
|
|
|
Showing 5821 to 5825 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
|
| |
| |
|
