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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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- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- MS Steel International - UAE
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Planning Commission, India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
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