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Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
 The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should reclaim the authority to issue operating permits to private companies.
The associations said that confusion occurred under the current arrangements and this led to conflict between companies and locals.
The Indonesian Mining Association (IMA) called on the government to review the 2009 Minerals and Coal Law because it granted “exclusive authority” to local governments in managing natural resources in regions as well as issuing operating permits to companies.
“The 2009 Minerals and Coal Law contradicts Article 33 of the 1945 Constitution which stipulates that the central government manages the country’s natural resources for the greater good of the people,” IMA executive director Syahrir A.B. told The Jakarta Post on Thursday.
Article 37 of the Mineral and Coal Law stipulates that permits for mining activities are to be issued by regents or mayors of areas where mining activities take place. It also stipulates that permits can be issued by governors or the minister under certain circumstances where mining areas cross different jurisdictions or provinces.
“However, the government must first prioritize the evaluation of all mining activities, as well as oil palm plantations, to check whether the operating permits were obtained through dubious processes,” said Syahrir, adding that the government should also involve the Corruption Eradication Commission (KPK) to “check alleged corrupt practices involving local officials in the issuance of operating permits”.
Syahrir said that the 2009 law was responsible for inciting local conflicts involving mining companies, including the incident in Bima, West Nusa Tenggara, involving gold mining company PT Sumber Mineral Nusantara (SMN).
Two people were killed at Sape Seaport in Bima, West Nusa Tenggara, on Dec. 24 when members of the Police Mobile Brigade made efforts to disperse a crowd rallying against the future mining activities of SMN, citing environmental concerns.
Police forensic scientists have found that the victims were shot from a close range and now the police are investigating dozens of officers deployed to the scene to look into possible violations of standard operating procedures in crowd
control.
Ninety-five percent of SMN’s shares are owned by Australian Arc Exploration Limited, whose director, George Tahija, is also a commissioner of PT Freeport Indonesia, one of IMA’s 41 members.
The Indonesian Palm Oil Producers Association (GAPKI) also said that it supported “clean and clear” administrative processes involved in the issuance of operating permits for palm oil companies.
“Nothing will go wrong if companies abide by legal administrative processes. That’s why it’s very important for companies to meet all legal standards to prevent possible conflicts” GAPKI executive director Fadhil Hasan said on Thursday.
Fadhil, however, said that companies should not take all the blame when conflicts occurred with local communities.
He said that preventing conflict involved “a three-way communication” between companies and the people, and between the government and the people.
For this reason, Fadhil said that PT Sumber Wangi Alam (SWA), one of Gapki’s 400 members, should not be regarded as the only culprit in the Mesuji conflict in Lampung and South Sumatra region.
“SWA has told us their side of the story, which is completely different from what has been written in the media. Let the fact-finding team investigate what really happened there,” he said. (msa)
Source: The Jakarta Post
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Monday, 19 January 15
FOB RICHARDS BAY COAL SWAP FOR Q4 DELIVERY CLOSED 4% LOWER THAN Q1 DELIVERY PRICE
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 declined month over month and week over week.
The Q1 swap has f ...
Sunday, 18 January 15
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO REMAIN WEAK NEXT WEEK
COALspot.com: The BDI was up 4.51 pct week on week on Friday 16, January 2015. The BDI closed at 741 points on this Friday after gaining arou ...
Friday, 16 January 15
U.S. WEEKLY COAL PRODUCTION UP 7.3% W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 15 January 15
PANAMAX : MARKET CONTINUE ON LOW PACE - FEARNLEYS
Handy
On a general basis we can say that rates are softening in both hemispheres. Although for some specific trades we can see premiums being ach ...
Thursday, 15 January 15
LOW CASH COSTS, GOOD LIQUIDITY HELP ASIAN OIL COMPANIES IN PRICE ROUT - FITCH
Fitch Ratings says that rated oil and gas production companies in Asia can comfortably operate under low oil prices for some time given their gener ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
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