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Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial government target of 60 million tons, an Energy and Mineral Resources Ministry official said on Wednesday.
Bambang Gatot Arioyono, the director general of coal, mineral and geothermal energy, said big coal companies including PT Bumi Resources, Asia’s biggest coal exporter, as well as PT Adaro Energy, PT Berau Coal, PT Arutmin and PT Kaltim Prima Coal, had been hampered significantly. Many smaller companies, he said, have also been badly hit by the currently unfavorable market conditions.
“The current price must be affected by demand,” he said. “We are now urging producers to ramp up their production in the second quarter.”
Indonesia, the world’s second biggest coal exporter in 2007 after Australia, has been hit by falling export volumes and prices, and declining domestic demand, with the state electricity utility PLN predicting demand would fall by more than 10 percent as well, with its 10,000 megawatt generating-capacity expansion project well behind schedule.
"50 percent Jan-March collapse in production"
Although the government initially predicted that domestic consumption would rise by nearly 30 percent, from 52.57 million tons to 68.3 million, in March excess coal supply skyrocketed, with PLN reporting excess coal supplies at 50 days, more than double the usual 20-day supply. To read more The Jakarta Globe
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Australian Coal Association
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
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