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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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Friday, 24 May 13
US'S COAL PRODUCTION INCREASED WEEK ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.90 million short tons (mmst) of ...
Friday, 24 May 13
OPG POWER VENTURES OF INDIA LOOKING FOR 210,000 MT OF 4,200 GAR INDONESIAN THERMAL COAL
COALspot.com - OPG Power Ventures Plc (OPG) is an AIM listed (London Stock Exchange) and fast growing developer and operator of power plants in Indi ...
Thursday, 23 May 13
HANDY : THE ATLANTIC MARKET REMAINS UNCHANGED - FEARNRESEARCH
Handy
The Atlantic market remains unchanged. USG-Feast rates were around USD 19k. Little change from last week in the Pacific, fewer stems and tonn ...
Thursday, 23 May 13
COLOMBIA SHIPPED 11.74 MILLION TONS OF THERMAL COAL IN Q1
COALspot.om - Colombia produced about 18,388,972.94 mt of coal for the first quarter of 2013.
Q1' 2013 coal production was around 21.42 p ...
Wednesday, 22 May 13
COKAL SIGNS JV WITH MDM, FOR BARITO RIVER BARGING
COALspot.com - Cokal Limited (ASX: CKA) has announced that it has entered into a 50:50 Joint Venture (JV) with Meratus Advance Maritime (MDM) one of ...
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- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
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