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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, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
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- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- PTC India Limited - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- White Energy Company Limited
- Mjunction Services Limited - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
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