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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
 The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, global coal demand will increase at a rate of 600,000 tons per day, mostly driven by a surging power generation in emerging economies.
The agency says the rapid growth is a reminder of the challenges in making the global energy system more sustainable and environmentally friendly.
Responding to the prediction, the government of Indonesia, the largest exporter of thermal coal in the world, revealed that it would not boost production to catch up with the growing demand, saying that conservation and environmental protection were more important priorities for the country.
“We’re not proud of being one of the largest coal exporters and we want to maintain the balance for the sake of our future,” said Thamrin Sihite, the director general for minerals and coal at the Energy and Mineral Resources Ministry, in Jakarta on Wednesday.
He continued that the government would not in the near future be issuing explicit limitations on coal production; but it would, however, be aiming to control production activities from mining companies’ expenditure plans (RKB). The government might reject production plans that are too excessive, he added.
In 2012, the government is aiming for a production target of 332 million tons, while the Indonesian Coal Mining Association (APBI) calculates that the volume could reach up to 380 million tons after taking into account output in 2011, which is estimated to reach 360 million tons by the end of this year.
The APBI shares the same opinion as the government: that an increasing global demand for coal does not force Indonesia to ramp up production, as there are 70 other countries in the world that also have coal reserves.
“Most of the countries can’t expand their production due to problems in infrastructure; particularly countries like Mozambique, Angola and the former Soviet Union countries,” Supriatna Suhala, executive director of the APBI, told The Jakarta Post.
If Indonesia limited its exports, coal prices would rise and make expansion of production in those countries economical, he explained. Now, the price of coal was affordable due to exports from countries whose coal reserves were close to coastal areas, like Indonesia, he said.
“But, it’s up to the government whether we want to halt a production increase for conservation or boost exports to seek revenue. As long as there is no prohibition, mining companies will continue to expand their production,” Supriatna emphasized.
Source: The Jakarta Post
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Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
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- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- White Energy Company Limited
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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