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Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST
 The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil and gas regulator BPMigas through a surprising verdict from the Constitutional Court, a minister has said.
Energy and Mineral Resources Minister Jero Wacik said on Sunday he would gather all of the lawmakers and officials involved in the formulation of the Mining Law as part of preparations for the planned judicial review.
“It is my job as a minister to implement all the steps stipulated in the existing laws. If a law is annulled, then those involved in its drafting must also be responsible,” he told The Jakarta Post in a
telephone interview.
Jero was commenting on a recent statement by Muhammadiyah’s chairman, Din Syamsuddin, who said the organization would continue to file complaints on several natural resource laws in a bid to open access for Indonesians to benefit from the country’s rich resources.
Din told reporters at Muhammadiyah’s headquarters in Jakarta last Thursday that the nation’s second-largest Muslim organization saw several regulations, including those issued under the Mining Law, as unconstitutional because “they have impoverished the majority of Indonesians and enriched foreign agencies”.
“We are not anti-foreigners, but we believe that the government must put its people first before any business ties with foreign companies,” he added.
Din cited this idea as the reason Muhammadiyah had teamed up with 41 other organizations to file a review of the 2001 Oil and Gas Law last year, several parts of which were struck down by the Constitutional Court last week, resulting in the dissolution of BPMigas.
According to Din, a team of experts had conducted a thorough review of the law from 2009 to 2010 before finally concluding that it contradicted the 1945 Constitution.
Several high-profile figures also joined the club to petition for the review, including Hasyim Muzadi, the former chairman of Indonesia’s largest Muslim organization, Nahdlatul Ulama (NU), and senior Golkar Party politician and former industry minister, Fahmi Idris.
Kwik Kian Gie and Rizal Ramli — former ministers under administrations of the late Abdurrahman Wahid and Megawati Soekarnoputri — as well as Kurtubi, an energy expert at state energy firm PT Pertamina, were asked by the plaintiffs to become expert witnesses in the case.
In September, a Supreme Court verdict ordered the government to withdraw four chapters of the Energy and Mineral Resources Ministerial Decree No. 7 on mineral processing, including one chapter on export taxes for mineral ore, after reviewing a complaint from Indonesia’s nickel businesses association.
The export tax was meant to prevent the exploitation of mineral ore ahead of the government’s plan to fully prohibit exports of unprocessed metals in 2014, as stipulated in the Mining Law, which will be subject to review by the Constitutional Court.
Jero had earlier said that the government was currently drafting a new regulation in light of the verdict.
Separately, noted lawyer Todung Mulya Lubis said the court’s verdict to disband BPMigas pointed to the legal uncertainties faced by foreign investors in expanding their businesses in Southeast Asia’s largest economy.
With the Constitutional Court currently reviewing the 2009 Mining Law, Todung noted more businesses would be wary of the risks of investing in Indonesia.
Source: The Jakarta Post (by: Amahl S. Azwar and Margareth S. Aritonang)
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Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
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Showing 2491 to 2495 news of total 6871 |
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- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
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