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Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
 The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the development of the nation’s industries and power infrastructure would not be threatened by the moratorium on deforestation announced during the president’s visit to Oslo last week.
Meanwhile, businesses complained about the moratorium, saying there were not consulted or even informed, and warned of falling coal and palm oil output, as well as the effect on the investment climate.
Agus Purnomo, head of the National Climate Change Council, clarified how the government would treat companies with existing permits to develop natural forests and peatlands after worrying businesses on Monday with comments that some of the licenses would be revoked.
On Tuesday, he explained that license holders who had already initiated work on their concessions could continue, while those who did not must relocate but would be compensated with permits for other sites.
“Our goal is to save the remaining primary natural forests and peatlands, not to make life difficult for everyone,” Agus said.
He added that the government would provide additional information to permit holders regarding their concessions within the next six months.
Meanwhile, Coordinating Minister for the Economy Hatta Rajasa said construction of new power plants and other small-scale developments would continue despite the moratorium.
“Sectors that only require small-scale land will still be allowed to continue operating, such as sectors related to infrastructure, meaning power plants,” Hatta said.
He also responded to concerns that the moratorium would threaten plans to secure the nation’s food supply through agro-development, including the massive food estate planned for Merauke, Papua.
“The new scheme will not affect our food and commodity supply because it will only cover primary forests, and there are about seven million hectares of land outside of these forests that can be used for fulfilling our requirements,” he said.
President Susilo Bambang Yudhoyono last week agreed to a two-year moratorium on the clearing of natural forests in exchange for $1 billion in financial compensation from Norway as part of efforts to fight climate change. Indonesia ranks third globally in carbon emissions, mostly from deforestation.
The Indonesian Coal Producers Association (APBI) warned on Monday that the moratorium could cut production, even as national coal demand is expected to double over the next five years. Bob Kamandanu, chairman of the group, told Reuters that the country’s new environmental laws were the “biggest issue facing the industry” in Indonesia, the world’s largest exporter of power-station coal.
Similarly, the Indonesian Palm Oil Board (DMSI) said the moratorium could cut the industry’s expansion rate in half over the next decade.
On Tuesday, Didiek Goenadi, a senior official with Investment Coordinating Board (BKPM), said forests and peatlands that hold large carbon reserves can still be preserved while giving planters an option to swap out to degraded land, Reuters reported.
“We can help save forests and achieve our target of 40 million tons of crude palm oil by 2020. It is achievable,” Goenadi said.
The Indonesian Chamber of Commerce and Industry (Kadin) complained on Tuesday that the government did not give the business community advance warning of the moratorium, and said that such unpredictability could hurt the nation’s overall investment climate.
“We just knew about the decision in Oslo from the media. There was no publication at all before it,” said Adi Putra Tahir, Kadin’s acting chairman.
Adi said the chamber did not necessarily oppose the moratorium, and noted potential economic benefits derived the climate change fight. But he questioned the impact on investment, a large part of which goes to developing forested lands for large-scale food crop estates, mining sites and seed oil plantations.
Source: The Jakarta Globe
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Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons. ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
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- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
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- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
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- Ceylon Electricity Board - Sri Lanka
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- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Semirara Mining Corp, Philippines
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- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
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- Commonwealth Bank - Australia
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- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
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- IHS Mccloskey Coal Group - USA
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- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- VISA Power Limited - India
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- London Commodity Brokers - England
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Baramulti Group, Indonesia
- ICICI Bank Limited - India
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- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Mercator Lines Limited - India
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- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
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- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
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- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
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- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
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- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
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