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Saturday, 06 September 14
SLOW COAL EXPORT REGISTRATION RAISES CONCERNS - THE JAKARTA POST
Several coal mining companies have yet to receive the go-ahead from the Energy and Mineral Resources Ministry to obtain exporting licenses, leading to concerns that millions of tons of coal will not be exported next month.
The ministry’s mineral and coal directorate general has issued 33 recommendations to date, according to Gultom Guska, marketing division and coal production head. A recommendation from the mineral and coal office is necessary for coal miners to process export licenses at the Trade Ministry.
“We are reviewing which companies have fulfilled their obligations with regard to royalty payments, the environment and exploration activities,” Gultom said.
All coal miners, both holders of coal contract of works (CCoW) and coal mining permits (IUP), are required to obtain export licenses. Companies are required to process the license before Oct. 1, a deadline that has been extended from Sept. 1.
At present, there are currently 75 mining firms holding CCoWs and 1,394 IUP holders producing coal, according to figures from the mineral and coal office as of July.
The coal export regulation, aimed at curbing illegal mining, has been agreed to by industry players, but they have demanded a longer transition period to comply with the new rule.
Companies would need at least a three-month transition period to process all the necessary requirements as shipment procedures got complicated, said Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI).
Director for coal Bambang Tjahjono admitted earlier that coal players had raised concerns over the new regulation and shipment procedures.
“They particularly objected to royalty payments. Under the new plan, we will require companies to pay royalties before carrying out shipments,” Bambang said.
Indonesia, a major producer of thermal coal, has seen a massive jump in coal production over the last few years.
National coal production last year reached 421 million tons, almost doubling from 254 million tons in 2009, according to figures from the Energy and Mineral Resources Ministry. Most of the coal was produced by CCoW holders. Some claimed that the production volume was actually higher than the government’s figures due to illegal mining activities.
The country’s coal exports reached 431 million tons in 2013, also almost doubling from 220 million tons in 2009, according to figures from the Trade Ministry.
The government is targeting to achieve maximum coal production volume of 421 million tons this year, the same level as last year’s output.
“Given the regulation on coal exports, we are trying to slow down exports. We will slowly flatten national production to secure energy sources for the future as well as reduce exports and increase domestic consumption,” Gultom said.
Out of the total production plan of 421 million tons this year, only 95 million tons is targeted to be consumed by the domestic market.
However, the target will likely be missed as state-owned electricity firm PT PLN, currently the biggest coal consumer in the country, is not sure as to whether it will be able to meet its coal consumption target.
Suryadi Mardjoeki, head of PLN’s fuel and gas division, said the company’s coal consumption to generate electricity had reached only 21 million tons in the first semester of the year, less than a half of its full-year target of 51 million tons.
Source: The Jakarta Post
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Thursday, 24 July 14
INDONESIA'S JUNE 2014 COAL EXPORT VOLUME DOWN 6.82%; AVERAGE SELLING PRICE DOWN
COALspot.com: Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.70* ...
Thursday, 24 July 14
HANDY: SOUTH AFRICA SOFTENED A BIT, HERE RATES ARE AT AROUND 8K +150K BB FOR TRIPS EAST - FEARNLEYS AS
Handy
The handy market in the Atlantic is going sideways and a tick down on low activity. Levels hoovering around USD 5k on Supras. The SMX marke ...
Thursday, 24 July 14
INDONESIAN COAL EXPORTERS ARE REQUIRED TO OBTAIN ET-BATUBARA UNDER LATEST TRADE MINISTRY'S NEW REGULATION
COALspot.com: Indonesia's trade ministry has issued regulation No. 39/M-DAG/PER/7/2014 which is requires exporters of power plant coal as ...
Wednesday, 23 July 14
PANAMAXES WERE BACK ON A DOWNWARD COURSE; CAPES WERE FEELING THE MOST PRESSURE - INTERMODAL
COALspot.com: The Dry Bulk market was on a downward spiral this week, with the BDI noting another week-on-week decline of the magnitude of 10% this ...
Wednesday, 23 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
In Australia, the world’s largest mining group, BHP Billiton, will beat the iron ore export target of more than 220 million tonnes for 2014. ...
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- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- PTC India Limited - India
- Ministry of Transport, Egypt
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