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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
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- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Indian Energy Exchange, India
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- Binh Thuan Hamico - Vietnam
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- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
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- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
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- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- White Energy Company Limited
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
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