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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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Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...
Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...
Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...
Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...
Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the ...
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- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Posco Energy - South Korea
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
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