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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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Tuesday, 30 July 13
KOMIPO INVITES BIDS FOR 520,000 MT OF 5,700 KCAL/KG COAL ON NAR BASIS FOR H1, 2014
COALspot.com : Korea Midland Power Co., Ltd. has invited bids for 520,000 Metric Tons (MT) of coal with calorific value 5,700 kcal/kg on NAR basis f ...
Tuesday, 30 July 13
AUSTRALIA'S NEWCASTLE SHIPPED 12.58 PERCENT LESS COAL W-O-W
COALspot.com: Newcastle port in Australia has loaded 2,945,848 tons of coal for the week ended 0700 hours 29 July 2013, Newcastle Port Corp. s ...
Monday, 29 July 13
INDONESIA'S ENERGY NEEDS COULD SPELL GOOD NEWS FOR TANKER OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite abundant energy resources, Indonesia has still failed meet its own demand, which led to a rising import of crude. According to the latest we ...
Sunday, 28 July 13
SUB-BIT INDONESIA COAL SWAP UP SLIGHTLY FOR SEPTEMBER CARGOES
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average September 2013 delivery slightly up on day and week but fell on month on ...
Saturday, 27 July 13
CEPL INDIA TO BAG 0.3 MILLION TONS OF COAL SUPPLY ORDER FROM TNPL
COALspot.com - An India based coal trader Coastal Energy Private Limited has offered the lowest price of US$ 73.00 per metric ton for calorific valu ...
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- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Australian Coal Association
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
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