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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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Wednesday, 18 June 14
CHINESE STEEL PRODUCTION SETS RECORD DURING FIRST TEN DAYS OF JUNE - COMMODORE RESEARCH & CONSULTANCY
Recently released data shows that average daily crude steel production at China's key steel mills hit a record high of 1.833 million tons durin ...
Wednesday, 18 June 14
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Back in January the expectations for Q3 and Q4 were more than great. Talks and claims for a rising BDI and a healthy market were coming from everyw ...
Tuesday, 17 June 14
DRY BULK FREIGHT RATES TO RISE DURING THE SECOND HALF OF 2014, AS CHINA IS EXPECTED TO START IMPORTING MORE IRON ORE FROM BRAZIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its latest analysis of the dry bulk market, BIMCO said that it doesn’t expect freight rates to react significantly to increased demand bef ...
Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH
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, 16 June 14
API 8 CFR SOUTH CHINA COAL SWAPS FALL CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 4.34 percent month on month and closed at US$ 71.05 per mt a ...
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Showing 3651 to 3655 news of total 6871 |
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- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- White Energy Company Limited
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- PTC India Limited - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
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