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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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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- White Energy Company Limited
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Planning Commission, India
- Aditya Birla Group - India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
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