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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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Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...
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- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Xindia Steels Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
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