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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, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
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- Posco Energy - South Korea
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- MS Steel International - UAE
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
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