COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...


Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...


Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...


Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...


Thursday, 20 October 11
CAPESIZE - TUBARAO /QINGDAO BEING FIXED AT STRONG US$ 29.75 PMT
Handy The Atlantic market is quite steady, and market seems to be around the same levels as last week.  Fewer fixtures reported though.  ...


   1002 1003 1004 1005 1006   
Showing 5016 to 5020 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Metalloyd Limited - United Kingdom
  • ETA - Dubai
  • Eastern Coal Council - USA
  • PLN Batubara - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Baramulti Group, Indonesia
  • EIA - United States
  • Vale Mozambique
  • CIMB Investment Bank - Malaysia
  • Argus Media - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Inspectorate - India
  • Meenaskhi Energy Private Limited - India
  • UOB Asia (HK) Ltd
  • Power Finance Corporation Ltd., India
  • Salva Resources Pvt Ltd - India
  • Glencore India Pvt. Ltd
  • Global Green Power PLC Corporation, Philippines
  • Total Coal South Africa
  • Medco Energi Mining Internasional
  • TeaM Sual Corporation - Philippines
  • India Bulls Power Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Bangladesh Power Developement Board
  • Vijayanagar Sugar Pvt Ltd - India
  • J M Baxi & Co - India
  • Bhatia International Limited - India
  • Posco Energy - South Korea
  • Singapore Mercantile Exchange
  • DBS Bank - Singapore
  • Goldman Sachs - Singapore
  • Malabar Cements Ltd - India
  • Asian Development Bank
  • SN Aboitiz Power Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • CoalTek, United States
  • Attock Cement Pakistan Limited
  • UBS Singapore
  • Simpson Spence & Young - Indonesia
  • Mitsui
  • South Luzon Thermal Energy Corporation
  • IEA Clean Coal Centre - UK
  • Malco - India
  • White Energy Company Limited
  • Madhucon Powers Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Coastal Gujarat Power Limited - India
  • ANZ Bank - Australia
  • The India Cements Ltd
  • SUEK AG - Indonesia
  • Mjunction Services Limited - India
  • Commonwealth Bank - Australia
  • GNFC Limited - India
  • The State Trading Corporation of India Ltd
  • Mintek Dendrill Indonesia
  • APGENCO India
  • Latin American Coal - Colombia
  • Electricity Generating Authority of Thailand
  • Deutsche Bank - India
  • Britmindo - Indonesia
  • OCBC - Singapore
  • OPG Power Generation Pvt Ltd - India
  • Pinang Coal Indonesia
  • Banpu Public Company Limited - Thailand
  • Altura Mining Limited, Indonesia
  • Independent Power Producers Association of India
  • Shree Cement - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Siam City Cement PLC, Thailand
  • Sree Jayajothi Cements Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Jatenergy - Australia
  • Kepco SPC Power Corporation, Philippines
  • Panama Canal Authority
  • Intertek Mineral Services - Indonesia
  • Maybank - Singapore
  • Arch Coal - USA
  • Maharashtra Electricity Regulatory Commission - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PNOC Exploration Corporation - Philippines
  • GMR Energy Limited - India
  • IBC Asia (S) Pte Ltd
  • Iligan Light & Power Inc, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Electricity Authority, New Zealand
  • Asmin Koalindo Tuhup - Indonesia
  • Antam Resourcindo - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Samtan Co., Ltd - South Korea
  • Georgia Ports Authority, United States
  • Humpuss - Indonesia
  • Indika Energy - Indonesia
  • Parliament of New Zealand
  • Wilmar Investment Holdings
  • RBS Sempra - UK
  • Reliance Power - India
  • Straits Asia Resources Limited - Singapore
  • Samsung - South Korea
  • PetroVietnam
  • Lanco Infratech Ltd - India
  • Deloitte Consulting - India
  • Pendopo Energi Batubara - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Mitsubishi Corporation
  • Sojitz Corporation - Japan
  • Coeclerici Indonesia
  • Bhushan Steel Limited - India
  • IMC Shipping - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • BRS Brokers - Singapore
  • Barclays Capital - USA
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • World Bank
  • Jaiprakash Power Ventures ltd
  • Leighton Contractors Pty Ltd - Australia
  • San Jose City I Power Corp, Philippines
  • Agrawal Coal Company - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Moodys - Singapore
  • Coal Orbis AG
  • TNPL - India
  • PetroVietnam Power Coal Import and Supply Company
  • KEPCO - South Korea
  • Orica Mining Services - Indonesia
  • Surastha Cement
  • Chamber of Mines of South Africa
  • MS Steel International - UAE
  • Idemitsu - Japan
  • Karaikal Port Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Borneo Indobara - Indonesia
  • NTPC Limited - India
  • Fearnleys - India
  • Holcim Trading Pte Ltd - Singapore
  • Tata Power - India
  • Manunggal Multi Energi - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Indian School of Mines
  • New Zealand Coal & Carbon
  • Tamil Nadu electricity Board
  • Central Electricity Authority - India
  • Platou - Singapore
  • Coal India Limited
  • Platts
  • ICICI Bank Limited - India
  • Sindya Power Generating Company Private Ltd
  • GB Group - China
  • GVK Power & Infra Limited - India
  • Bank of America
  • GHCL Limited - India
  • ASAPP Information Group - India
  • Indonesia Power. PT
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • World Coal - UK
  • AsiaOL BioFuels Corp., Philippines
  • Merrill Lynch Bank
  • Africa Commodities Group - South Africa
  • Toyota Tsusho Corporation, Japan
  • Ambuja Cements Ltd - India
  • bp singapore
  • Makarim & Taira - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • TGV SRAAC LIMITED, India
  • Cigading International Bulk Terminal - Indonesia
  • Geoservices-GeoAssay Lab
  • Ministry of Finance - Indonesia
  • SASOL - South Africa
  • Thermax Limited - India
  • Siam City Cement - Thailand
  • U S Energy Resources
  • Bangkok Bank PCL
  • Anglo American - United Kingdom
  • Berau Coal - Indonesia
  • EMO - The Netherlands
  • Interocean Group of Companies - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Australian Coal Association
  • Directorate Of Revenue Intelligence - India
  • Cebu Energy, Philippines
  • PLN - Indonesia
  • Bharathi Cement Corporation - India
  • ING Bank NV - Singapore
  • Heidelberg Cement - Germany
  • International Coal Ventures Pvt Ltd - India
  • SGS (Thailand) Limited
  • Therma Luzon, Inc, Philippines
  • Cargill India Pvt Ltd
  • Mitra SK Pvt Ltd - India
  • Credit Suisse - India
  • Eastern Energy - Thailand
  • Kohat Cement Company Ltd. - Pakistan
  • SMG Consultants - Indonesia
  • Vizag Seaport Private Limited - India
  • IOL Indonesia
  • Qatrana Cement - Jordan
  • Renaissance Capital - South Africa
  • Thailand Anthracite
  • NALCO India
  • Ernst & Young Pvt. Ltd.
  • KPMG - USA
  • Romanian Commodities Exchange
  • Kobe Steel Ltd - Japan
  • Carbofer General Trading SA - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Maruti Cements - India
  • Semirara Mining and Power Corporation, Philippines
  • Star Paper Mills Limited - India
  • Sucofindo - Indonesia
  • Planning Commission, India
  • Xindia Steels Limited - India
  • SMC Global Power, Philippines
  • IHS Mccloskey Coal Group - USA
  • Kapuas Tunggal Persada - Indonesia
  • Xstrata Coal
  • Timah Investasi Mineral - Indoneisa
  • Thiess Contractors Indonesia
  • McKinsey & Co - India
  • Edison Trading Spa - Italy
  • Tata Chemicals Ltd - India
  • Permata Bank - Indonesia
  • Minerals Council of Australia
  • Mercuria Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Vedanta Resources Plc - India
  • KOWEPO - South Korea
  • Jindal Steel & Power Ltd - India
  • Shenhua Group - China
  • Gujarat Mineral Development Corp Ltd - India
  • Kobexindo Tractors - Indoneisa
  • Mechel - Russia
  • Parry Sugars Refinery, India
  • Binh Thuan Hamico - Vietnam
  • Globalindo Alam Lestari - Indonesia
  • Freeport Indonesia
  • HSBC - Hong Kong
  • Russian Coal LLC
  • Marubeni Corporation - India
  • GAC Shipping (India) Pvt Ltd
  • Sical Logistics Limited - India
  • Orica Australia Pty. Ltd.
  • TANGEDCO India
  • Kideco Jaya Agung - Indonesia
  • Port Waratah Coal Services - Australia
  • Arutmin Indonesia
  • Wood Mackenzie - Singapore
  • Maersk Broker
  • KPCL - India
  • Maheswari Brothers Coal Limited - India
  • McConnell Dowell - Australia
  • globalCOAL - UK
  • Krishnapatnam Port Company Ltd. - India
  • Dalmia Cement Bharat India
  • TRAFIGURA, South Korea
  • Meralco Power Generation, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Coalindo Energy - Indonesia
  • Oldendorff Carriers - Singapore
  • Videocon Industries ltd - India
  • Larsen & Toubro Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • VISA Power Limited - India
  • Cement Manufacturers Association - India
  • Petron Corporation, Philippines
  • Vitol - Bahrain
  • Alfred C Toepfer International GmbH - Germany
  • SRK Consulting
  • Mercator Lines Limited - India
  • Adaro Indonesia
  • Cosco
  • Enel Italy
  • Coal and Oil Company - UAE
  • Clarksons - UK
  • Indorama - Singapore
  • Kumho Petrochemical, South Korea
  • Japan Coal Energy Center
  • Bulk Trading Sa - Switzerland
  • ACC Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Ince & co LLP
  • Indian Energy Exchange, India
  • JPMorgan - India
  • Price Waterhouse Coopers - Russia
  • CNBM International Corporation - China
  • Infraline Energy - India
  • Sakthi Sugars Limited - India
  • Energy Link Ltd, New Zealand
  • Cardiff University - UK
  • Indogreen Group - Indonesia
  • Core Mineral Indonesia
  • MEC Coal - Indonesia
  • The Treasury - Australian Government
  • Petrosea - Indonesia
  • Uttam Galva Steels Limited - India
  • Ministry of Transport, Egypt
  • Ministry of Mines - Canada
  • Australian Commodity Traders Exchange
  • PowerSource Philippines DevCo
  • BNP Paribas - Singapore
  • The University of Queensland
  • Indonesian Coal Mining Association
  • Lafarge - France
  • Billiton Holdings Pty Ltd - Australia
  • JPower - Japan
  • Miang Besar Coal Terminal - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Standard Chartered Bank - UAE
  • Cemex - Philippines
  • Formosa Plastics Group - Taiwan
  • Bank of China, Malaysia
  • Trasteel International SA, Italy
  • Kaltim Prima Coal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Riau Bara Harum - Indonesia
  • Gupta Coal India Ltd
  • Semirara Mining Corp, Philippines
  • LBH Netherlands Bv - Netherlands
  • Noble Europe Ltd - UK
  • CCIC - Indonesia
  • Coaltrans Conferences
  • Essar Steel Hazira Ltd - India
  • Thomson Reuters GRC
  • Central Java Power - Indonesia
  • Thriveni
  • PTC India Limited - India
  • Rio Tinto Coal - Australia
  • Kartika Selabumi Mining - Indonesia
  • European Bulk Services B.V. - Netherlands
  • London Commodity Brokers - England
  • Gresik Semen - Indonesia
  • Aditya Birla Group - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Inco-Indonesia
  • Peabody Energy - USA
  • Thai Mozambique Logistica
  • WorleyParsons
  • Asia Cement - Taiwan
  • Bahari Cakrawala Sebuku - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Adani Power Ltd - India
  • Rudhra Energy - India
  • Indian Oil Corporation Limited
  • Tanito Harum - Indonesia
  • Merrill Lynch Commodities Europe
  • Global Business Power Corporation, Philippines
  • Global Coal Blending Company Limited - Australia
  • CESC Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Savvy Resources Ltd - HongKong
  • Economic Council, Georgia
  • Runge Indonesia
  • Ind-Barath Power Infra Limited - India
  • Grasim Industreis Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Energy Development Corp, Philippines