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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targeted this year’s coal production to between 340 million and 360 million tons said,the Indonesian coal mining association.
“If between October and December, rainfall is high, total production may be around 340 million. But if everything goes well, production may reach to 370 million tons,” chairman of ICMA Bob Kamandanu told reporters on the sidelines of the Indonesian Mining Conference & Exhibition 2011 in Jakarta.
Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations. DMO requires coal producers to sell a part of their production to local buyers.
According to the Energy and Mineral Resources Ministry, domestic coal needs in 2012 would be reached to 82.07 million tons, comprising 63.84 million tons for coal-fired power plants, 12.23 million tons for cement, fertilizer, pulp and textile industries.
Out of the 63.84 million tons of coal allocated for generating electricity, 57.20 million tons is allocated to state electricity company, 10.76 million tons to IPPs, 0.83 million tons to PT Freeport Indonesia, 0.54 million tons for PT Newmont Nusa Tenggara and 0.19 million tons for PT Pusaka Jaya Palu Power.
To date, only 63 coal mining companies are obliged to comply with the DMO.Out of the 63 coal companies, 40 companies are holders of CCoW and 22 companies are IUP OP holders.
According to Energy and Mineral Resources Ministry In 2012, total 63 coal mining companies will be obliged to sell 82.07 million tons of coal or 24.72 percent of total estimated Indonesain coal production (government estimation was 332 million tons) to domestic users under the DMO ruling.
In 2012, the Indonesian government set the production target at 332 million tons, while the ICMA forecasted that the out put of coal may hit 380 million tons, which is 14.45 percent higher than government's estimation.
Indonesia governemnt may officially apply a ban on low-grade coal exports by 2014. To anticipate the regulation, ICMA revealed that two coal upgrade facilities are ready to be installed in South Kalimantan and South Sumatra in 2012 and 2014, respectively, as quoted by media. However, no further details given on either upgrading technology that to be used,the total investment or capacity of upgrading facilities.
"If the regulation is implemented, then the impact will be tremendous, because there are 150 million tons of coal low calorific value coal (below 5700 gad coal) that cannot be exported," Chirman of ICMA said earlier. Hence if the coal below 5700 calorific value on ADB basis banned for export, then the coal upgrading facilities to be installed must have the capacity to upgrade higher volume of coal yearly.
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Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...
Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...
Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...
Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 point ...
Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...
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- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Australian Coal Association
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Planning Commission, India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
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