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Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market next year under the new coal domestic market obligation (DMO) regulation issued by the government on Tuesday.
The Energy and Mineral Resources Ministry said that the determination of the minimum coal volume to be sold to the domestic market was needed to ensure that there would be a shortage of supply at home.
The coal should be sold under the government’s benchmark price which is fixed monthly. The government set the DMO at 24.75 percent for 2010.
The regulation will affect 53 coal mining companies involving 42 coal contracts of work (PKP2B), state owned company PT Bukit Asam and 10 mining right (KP) and mining license (IUP) holders. Included under the PKP2B category are coal giants PT Adaro Indonesia, PT Arutmin Indonesia, PT Berau Coal and PT Kideco Jaya Agung.
The DMO percentage is determined based on projected coal production and projected domestic demand for 2011. The government estimates that coal production will reach 326.65 million tons in 2011, while domestic demand is expected to reach 78.97 million tons.
Of the total 78.97 million tons of coal expected to sold to domestic market, 66.28 million tons would be sold to power plants, 8.86 million tons to the cement industry, 1.97 million tons for textile industry, 0.92 million tons for the fertilizer industry, 0.60 million tons for the pulp industry and 0.34 million tons for metallurgy.
State power utility PT Perusahaan Listrik Negara (PLN) is Indonesia’s largest domestic coal consumer. The government expects to allocate 55.82 million tons of coal to PLN in 2001, or more than 70 percent of total domestic coal consumption.
PLN’s internal estimation is actually lower than the government allocation. Company director for primary energy Nur Pamudji said the firm’s coal consumption was projected to reach 52 million tons next year, a 44 percent increase from 36 million tons this year.
PLN said it would burn more coal next year as it will operate five new coal-fired power plants — the 3x330 megawatt Indramayu power plant in West Java, the 2x315 megawatt Rembang power plant in Central Java, the 625 megawatt Suralaya plant in West Java, the 600 megawatt Paiton plant in East Java and the 2x300 megawatt Lontar plant in Banten.
The second largest consumers of domestic coal are independent power producers (IPPs), which collectively are forecast to consume 8.97 million tons of coal in 2011. Other companies using coal for power generation are PT Freeport Indonesia (0.83 million tons), PT Newmont Nusa Tenggara (0.47 million tons) and PT Pusaka Jaya Palu Power (0.19 million tons).
Companies using coal for metallurgical processes are PT Inco (0.14 million tons) and PT Antam (0.20 million tons).
The government set the coal DMO to secure supply for the domestic market, particularly to PLN, which contributes around 90 percent of power generated in the country. The 2009 mining law stipulates that the government must determine the DMO annually through an Energy and Mineral Resources Ministry decree.
Source: The Jakarta Post
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Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...
Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
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- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
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