COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 15 July 14
INDONESIA'S TOTAL COAL PRODUCTION REACHED ANOTHER HIGH DURING THE FIRST SIX MONTHS; GOVERNMENT EXPECTED TO RAISE ROYALTIES

COALspot.com: Indonesia's total coal production reached 213 million tons during January through June, up by 7.6 percent y-o-y. Coal output in Indonesia, the world's one of the top thermal coal producers and leading exporter, reached 213 million tons during first half this year, up by 7.6 percent compared with 198 million tons over the same period last year,  according to data from the Energy and Mineral Ministry, as reported by the Jakarta post last Saturday.

The figure represents more than half of the government's overall cap for coal production throughout this year at 421 million tons. However, director for coal at Energy and Mineral Ministry said he remained optimistic that the production would not be exceeded government's overall cap.

According to paper, as quoted by the director for coal at Energy and Mineral Ministry, around 75% of total coal produced during the first six months of this year, namely 158 million tons were sold overseas.

Indonesia's coal reserve stand at 31.96 billion tons, of which 8.9 billion are proven, according to figures from the ministry, the paper further said.

Indonesian government is also planning to increase the royalty for coal for IUP holders in near future if coal prices reached above US$ 80/mt. According to media reports, the government is planning to increase the royalty from 3% to 7% for calorific value of coal below 5100 kcal/kg coal, 5% to 9% for coal between 5100 - 6100 kcal/kg coal and 13.5% percent for coal above 6100 kcal/kg.

Indonesian coal miners association was agreeing to increase the royalty, but oppose to increasing the royalty at current situation. According to association coal miners are now struggling due to lower coal prices vs. higher production cost.  According to miners, if government wanted to increase the royalty for coal, then it can introduce the revised royalty if the coal prices are higher than US$ 100 per mt and not above US$ 80 pmt.

It is seemed that, the government is considering the HBA as its bench mark price to decide whether the price of coal has reached US$ 80 or not.

Indonesian coal reference price (HBA) was set at US$ 72.45 per ton this July, which is 11.53 percent lower than the US$ 81.90 per ton set for January this year or 11.31% lower from the same period last year. In the meantime, this July HBA was 42.98% lower than the all time high HBA of US$ 127.05 per ton set for February 2011.

The association has also called on the government to act on illegal coal mining instead of capping production to control coal output from Indonesia. According to the Indonesian coal mining association, illegal mining of around 56 million tons coal of coal in 2012 and the following years contributed to a prolonged oversupply in the global market, which increased stockpiles and, in turn, led to a fall in prices.

Indonesian government is also to regulate the outflow of coal by controlling coal loading ports. Ministry of Energy and Mineral Resources (MEMR) has determined that, 14 ports will be approved as coal loading ports or as the gateway port of export coal soon. Indonesian Coal Mining Association (APBI-ICMA) also supporting government move on regulate coal loading ports as the association believes that, this move will eliminate or reduce illegal coal exports from countries.

In coming months, we can see number of new regulations and restrictions from Ministry of Energy and Mineral Resources to regulate coal production, transportation and export.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 16 July 14
INDIA BUDGET HAS LIMITED SHORT TERM IMPACT ON POWER SECTOR - FITCH RATINGS
Fitch Ratings says that the measures announced relating to India's electricity sector in the budget for FY2015 are directionally correct but in ...


Wednesday, 16 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
Wake me up when September ends - Theodore Ntalakos Since last September most thought that the worst was behind us. It looks like the market de ...


Monday, 14 July 14
THE END OF THE ERA OF HEAVY FUEL OIL IN MARITIME SHIPPING - ICCT
KNOWLEDGE TO ELEVATE Since the 1960s, heavy fuel oil (HFO) has been the king of marine fuels. Viscous, dirty, yet inexpensive and widely avail ...


Monday, 14 July 14
SGX SUB-BIT FOB INDONESIA COAL SWAP FOR Q4' 14 DELIVERY CLOSED AT $ 54.80
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...


Monday, 14 July 14
SGX CFR SOUTH CHINA COAL SWAP FOR Q3' 14 LOST 17.29% SINCE EARLY JANUARY 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. API 8 CFR South China Coal swap for delivery in Q3 drops U ...


   719 720 721 722 723   
Showing 3601 to 3605 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Pinang Coal Indonesia
  • Berau Coal - Indonesia
  • Coaltrans Conferences
  • Goldman Sachs - Singapore
  • Idemitsu - Japan
  • Shenhua Group - China
  • PetroVietnam
  • Mintek Dendrill Indonesia
  • Ambuja Cements Ltd - India
  • Britmindo - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Jatenergy - Australia
  • Samtan Co., Ltd - South Korea
  • Cargill India Pvt Ltd
  • HSBC - Hong Kong
  • Posco Energy - South Korea
  • Platou - Singapore
  • CIMB Investment Bank - Malaysia
  • Indonesia Power. PT
  • SMG Consultants - Indonesia
  • Attock Cement Pakistan Limited
  • Peabody Energy - USA
  • Arch Coal - USA
  • Metalloyd Limited - United Kingdom
  • Edison Trading Spa - Italy
  • Bukit Makmur.PT - Indonesia
  • UBS Singapore
  • Thermax Limited - India
  • Bhatia International Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Trasteel International SA, Italy
  • Argus Media - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Bank of China, Malaysia
  • Siam City Cement - Thailand
  • Kideco Jaya Agung - Indonesia
  • SUEK AG - Indonesia
  • Semirara Mining Corp, Philippines
  • Inspectorate - India
  • Barasentosa Lestari - Indonesia
  • APGENCO India
  • Xstrata Coal
  • Kepco SPC Power Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Indika Energy - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Vedanta Resources Plc - India
  • San Jose City I Power Corp, Philippines
  • Merrill Lynch Bank
  • Oldendorff Carriers - Singapore
  • CoalTek, United States
  • Baramulti Group, Indonesia
  • Madhucon Powers Ltd - India
  • NTPC Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Barclays Capital - USA
  • Gresik Semen - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Inco-Indonesia
  • TeaM Sual Corporation - Philippines
  • Agrawal Coal Company - India
  • Simpson Spence & Young - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Kobexindo Tractors - Indoneisa
  • Meralco Power Generation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Mitsubishi Corporation
  • SASOL - South Africa
  • BNP Paribas - Singapore
  • Medco Energi Mining Internasional
  • CNBM International Corporation - China
  • LBH Netherlands Bv - Netherlands
  • GHCL Limited - India
  • Coal and Oil Company - UAE
  • Asia Cement - Taiwan
  • Maharashtra Electricity Regulatory Commission - India
  • Ince & co LLP
  • Malco - India
  • Bangladesh Power Developement Board
  • Russian Coal LLC
  • Bahari Cakrawala Sebuku - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Videocon Industries ltd - India
  • BRS Brokers - Singapore
  • Global Business Power Corporation, Philippines
  • Port Waratah Coal Services - Australia
  • Manunggal Multi Energi - Indonesia
  • WorleyParsons
  • White Energy Company Limited
  • IHS Mccloskey Coal Group - USA
  • Ind-Barath Power Infra Limited - India
  • Independent Power Producers Association of India
  • U S Energy Resources
  • Clarksons - UK
  • Kaltim Prima Coal - Indonesia
  • Malabar Cements Ltd - India
  • Australian Commodity Traders Exchange
  • KPCL - India
  • RBS Sempra - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • TANGEDCO India
  • ETA - Dubai
  • South Luzon Thermal Energy Corporation
  • Sical Logistics Limited - India
  • Sakthi Sugars Limited - India
  • DBS Bank - Singapore
  • Latin American Coal - Colombia
  • globalCOAL - UK
  • Rashtriya Ispat Nigam Limited - India
  • Eastern Coal Council - USA
  • Deloitte Consulting - India
  • Georgia Ports Authority, United States
  • SRK Consulting
  • Timah Investasi Mineral - Indoneisa
  • Fearnleys - India
  • Thriveni
  • Global Coal Blending Company Limited - Australia
  • The University of Queensland
  • TNB Fuel Sdn Bhd - Malaysia
  • IBC Asia (S) Pte Ltd
  • TGV SRAAC LIMITED, India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bhushan Steel Limited - India
  • Marubeni Corporation - India
  • Mercuria Energy - Indonesia
  • Thai Mozambique Logistica
  • Freeport Indonesia
  • Tanito Harum - Indonesia
  • Ministry of Transport, Egypt
  • Bukit Asam (Persero) Tbk - Indonesia
  • Grasim Industreis Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Banpu Public Company Limited - Thailand
  • Lanco Infratech Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Siam City Cement PLC, Thailand
  • Vale Mozambique
  • Indian Energy Exchange, India
  • McKinsey & Co - India
  • Mercator Lines Limited - India
  • IEA Clean Coal Centre - UK
  • SN Aboitiz Power Inc, Philippines
  • Kobe Steel Ltd - Japan
  • Maybank - Singapore
  • Thomson Reuters GRC
  • Petrochimia International Co. Ltd.- Taiwan
  • Dalmia Cement Bharat India
  • Rio Tinto Coal - Australia
  • Singapore Mercantile Exchange
  • NALCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Standard Chartered Bank - UAE
  • Thiess Contractors Indonesia
  • Noble Europe Ltd - UK
  • Parliament of New Zealand
  • The India Cements Ltd
  • Cement Manufacturers Association - India
  • Arutmin Indonesia
  • UOB Asia (HK) Ltd
  • Coal India Limited
  • Ministry of Finance - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Leighton Contractors Pty Ltd - Australia
  • Salva Resources Pvt Ltd - India
  • Tata Power - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Glencore India Pvt. Ltd
  • The Treasury - Australian Government
  • ING Bank NV - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Bayan Resources Tbk. - Indonesia
  • Price Waterhouse Coopers - Russia
  • Essar Steel Hazira Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Carbofer General Trading SA - India
  • Uttam Galva Steels Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Vizag Seaport Private Limited - India
  • PLN - Indonesia
  • Platts
  • McConnell Dowell - Australia
  • Globalindo Alam Lestari - Indonesia
  • Indian Oil Corporation Limited
  • MS Steel International - UAE
  • Bhoruka Overseas - Indonesia
  • Romanian Commodities Exchange
  • Anglo American - United Kingdom
  • Power Finance Corporation Ltd., India
  • Cebu Energy, Philippines
  • Straits Asia Resources Limited - Singapore
  • Jindal Steel & Power Ltd - India
  • Electricity Authority, New Zealand
  • OCBC - Singapore
  • Reliance Power - India
  • Orica Australia Pty. Ltd.
  • Ernst & Young Pvt. Ltd.
  • Karaikal Port Pvt Ltd - India
  • India Bulls Power Limited - India
  • MEC Coal - Indonesia
  • KOWEPO - South Korea
  • EMO - The Netherlands
  • Aditya Birla Group - India
  • Jaiprakash Power Ventures ltd
  • Toyota Tsusho Corporation, Japan
  • Australian Coal Association
  • Coalindo Energy - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GNFC Limited - India
  • Sarangani Energy Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Parry Sugars Refinery, India
  • Mitsui
  • ANZ Bank - Australia
  • PTC India Limited - India
  • Eastern Energy - Thailand
  • The State Trading Corporation of India Ltd
  • Sinarmas Energy and Mining - Indonesia
  • Tata Chemicals Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Chamber of Mines of South Africa
  • Indonesian Coal Mining Association
  • ICICI Bank Limited - India
  • London Commodity Brokers - England
  • Rudhra Energy - India
  • Bharathi Cement Corporation - India
  • GMR Energy Limited - India
  • Japan Coal Energy Center
  • Gupta Coal India Ltd
  • Central Electricity Authority - India
  • Electricity Generating Authority of Thailand
  • Deutsche Bank - India
  • Energy Development Corp, Philippines
  • Maruti Cements - India
  • GB Group - China
  • Total Coal South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • CCIC - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Lafarge - France
  • Asmin Koalindo Tuhup - Indonesia
  • Samsung - South Korea
  • Vitol - Bahrain
  • EIA - United States
  • Economic Council, Georgia
  • AsiaOL BioFuels Corp., Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Humpuss - Indonesia
  • Commonwealth Bank - Australia
  • Planning Commission, India
  • Permata Bank - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Sojitz Corporation - Japan
  • Makarim & Taira - Indonesia
  • Maersk Broker
  • Adani Power Ltd - India
  • Sucofindo - Indonesia
  • TNPL - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Shree Cement - India
  • GVK Power & Infra Limited - India
  • Xindia Steels Limited - India
  • PLN Batubara - Indonesia
  • Moodys - Singapore
  • Infraline Energy - India
  • TRAFIGURA, South Korea
  • Credit Suisse - India
  • Bank of America
  • Kalimantan Lumbung Energi - Indonesia
  • KPMG - USA
  • European Bulk Services B.V. - Netherlands
  • Savvy Resources Ltd - HongKong
  • Gujarat Mineral Development Corp Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Orica Mining Services - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Panama Canal Authority
  • Gujarat Sidhee Cement - India
  • World Bank
  • Cemex - Philippines
  • SMC Global Power, Philippines
  • Riau Bara Harum - Indonesia
  • Cardiff University - UK
  • Interocean Group of Companies - India
  • JPMorgan - India
  • bp singapore
  • Iligan Light & Power Inc, Philippines
  • Indogreen Group - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Petrosea - Indonesia
  • Asian Development Bank
  • ASAPP Information Group - India
  • Indorama - Singapore
  • VISA Power Limited - India
  • Wilmar Investment Holdings
  • Miang Besar Coal Terminal - Indonesia
  • Mjunction Services Limited - India
  • Tamil Nadu electricity Board
  • Bangkok Bank PCL
  • J M Baxi & Co - India
  • Holcim Trading Pte Ltd - Singapore
  • Runge Indonesia
  • Wood Mackenzie - Singapore
  • Intertek Mineral Services - Indonesia
  • Enel Italy
  • Larsen & Toubro Limited - India
  • SGS (Thailand) Limited
  • Central Java Power - Indonesia
  • Coeclerici Indonesia
  • Surastha Cement
  • Renaissance Capital - South Africa
  • Mechel - Russia
  • Antam Resourcindo - Indonesia
  • Cosco
  • World Coal - UK
  • Coastal Gujarat Power Limited - India
  • IOL Indonesia
  • IMC Shipping - Singapore
  • Therma Luzon, Inc, Philippines
  • Binh Thuan Hamico - Vietnam
  • Geoservices-GeoAssay Lab
  • Thailand Anthracite
  • Core Mineral Indonesia
  • Energy Link Ltd, New Zealand
  • Heidelberg Cement - Germany
  • Indian School of Mines
  • Pendopo Energi Batubara - Indonesia
  • Altura Mining Limited, Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Ministry of Mines - Canada
  • Kumho Petrochemical, South Korea
  • Global Green Power PLC Corporation, Philippines
  • Minerals Council of Australia
  • Mitra SK Pvt Ltd - India
  • Petron Corporation, Philippines
  • CESC Limited - India
  • Formosa Plastics Group - Taiwan
  • GAC Shipping (India) Pvt Ltd
  • PNOC Exploration Corporation - Philippines
  • Adaro Indonesia
  • KEPCO - South Korea
  • Star Paper Mills Limited - India
  • Qatrana Cement - Jordan
  • Borneo Indobara - Indonesia
  • Coal Orbis AG
  • Africa Commodities Group - South Africa
  • PowerSource Philippines DevCo
  • GN Power Mariveles Coal Plant, Philippines
  • JPower - Japan
  • ACC Limited - India
  • New Zealand Coal & Carbon
  • Krishnapatnam Port Company Ltd. - India