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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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Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...
Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...
Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...
Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...
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Showing 4911 to 4915 news of total 6871 |
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- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- VISA Power Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- The University of Queensland
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Australian Coal Association
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
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