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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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Saturday, 11 August 12
INDONESIAN COAL REFERENCE PRICE HAS LOST 27.78 PERCENT YOY
COALspot.com - Indonesian HBA fell again in August.
The monthly coal reference price for coal sales this month fell 3.32 percent. HBA fell ...
Saturday, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1 ...
Friday, 10 August 12
DRY BULK MARKET DROWNING FROM TONNAGE OVERSUPPLY - HELLENIC SHIPPING
The dry bulk market has been overflowing with new building vessels, despite the fact that demand is more or less (and minus the seasonal factors) ri ...
Thursday, 09 August 12
3RD ANNUAL SHALE GAS
Press Release - With the North American shale gas boom, IBC’s 3rd Annual Shale Gas explores optimal strategies to monetize Asia’s domest ...
Wednesday, 08 August 12
EXPLOITASI AIMS TO RAISE RP 2.7T FOR ACQUISITION - THE JAKARTA POST
The Jakarta Post reported that, publicly listed coal miner PT Exploitasi Energi Indonesia (CNKO) is seeking to raise Rp 2.7 trillion (US$286.2 milli ...
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- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
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