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Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. According to media reports, the government has sets 74.30 million tons of coal under domestic market obligation (DMO) in 2013. The 2013, DMO volume is equivalent to 20.30 percent of the target production volume or is around 337 million tons to 366.04 million tons forecasted production level.
Year 2012, government has forecasted to produce around 332 million tons, but in 2013, the forecasted production level of coal has increased at least by 10.24 percent. However DMO allocation for next year has dropped by 9.44 percent compared to the DMO of this year. Government has asked the selected coal producers to allocate 82.02 million tones coal in 2012, where’s next year, government has sets only around 74.30 million tons.
According to media reports, director general of mineral and coal ministry of energy and mineral resources (ESDM), Sihite Thamrin said the DMO obligation will be applicable only for 74 coal producers
However he also indicated that, the companies do not meet DMO sales, will receive sanctions from mining department. However he has not disclosed, the mode of sanction that, the companies may receive against non fulfillment of DMO from the ministry.
The obligation to sell coal to the domestic market in 2013 has regulated by a ministerial Decree No. 2934 / 2012. The decree said that, as many as 28 mining business license (IUP) holders are required to set aside as much as 10.31 percent of their total coal production for domestic needs in 2013.
In the meanwhile, 45 coal contract of works (PKP2B or CCoW) holder were required to allocate total 61.76 million tons of coal to domestic market under DMO obligation in 2013. The state-owned coal miner PT Bukit Asam Tbk is expected to allocate 2.2 million tons in 2013 to domestic market.
According to decree signed by Minister of Energy and Mineral Resources Jero Wacik on October 8, Indonesia’s largest coal producers such as PT Adaro Indonesia, and PT Kaltim Prima Coal will allocate 10.15 million tons and 10.76 million tons respectively for domestic market in 2013.
According to media reports, Thamrin explained, the volume of domestic requirements set by the government based on the request of domestic companies including PT PLN, Freeport, Newmont and other private companies.
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Friday, 16 November 12
SHIP OWNERS KEEP ON INVESTING IN SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Priced attractively, modern and with prompt delivery dates, second hand vessels are proving to be rather popular among cash-rich ship owners these d ...
Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy
The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...
Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...
Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...
Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...
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- Anglo American - United Kingdom
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- Heidelberg Cement - Germany
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- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
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- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
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- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- GMR Energy Limited - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
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- ASAPP Information Group - India
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- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
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- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
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