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Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures in the country’s mining sector in order to boost investment, the Jakarta Post, one of the leading English language papers in Indonesia reported.
The simplification will reduce the number of required permits to only 71 types, from the 101 types that exist at present.
Out of the total 71 permits, 26 are issued by the energy ministry while another 51 are issued by other government agencies.
The paper further said, the director general for mineral and coal, R. Sukhyar, said the simplification would be carried out in the issuance of permits from his ministry because the issuance of the other 51 permits were handled by other government offices.
Permits to be reduced to 71 types from 101 types at present Simplification will cut red tape, and attract more investment New policy expected to be implemented next year; pending approval by new energy minister, according to JP.
“The cut in the number of permits is expected to improve efficiency. Of course, by doing so, we hope the mining sector will attract more investment,” he said.
Under the simplification plan, mining companies will no longer be required to obtain more than one permit for a single stage of the mining operations.
“To ensure that mining firms are actually performing the activities, they will have to report to us and we will perform an inspection,” Sukhyar said, as quoted by paper.
Under the plan, the mineral and coal office also plans to remove the requirement imposed on miners for the transportation of their production.
Sukhyar said the transportation of minerals and coal will be the full responsibility of mining firms. If they have no expertise in mineral and coal transportation, they can hire companies that offer those services, according to Sukhyar.
The plan to ease the licensing procedures will be submitted to the new energy and mineral resources minister Sudirman Said.
Sukhyar said he expected that a ministerial regulation regarding the proposal would be approved by the end of this year so that his office can start the implementation of the simplified permission process next year.
Mining companies welcomed the plan. The shorter bureaucratic process will significantly ease the mining business in the country and, in return, boost investment, said Bob Kamandanu of the Indonesian Coal Mining Association (APBI).
However, he said the plan to ease the licensing procedures should not weaken the government’s program to promote good mining principles.
“We don’t want the simplification to let mining firms ignore those matters,” Bob said.
He added that government officials should improve their supervision of the mining sector so that mining firms give true and correct reports of what they have performed
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Wednesday, 17 December 14
MARKET INSIGHT - INTERMODAL SHANGHAI, SNP TEAM
As the end of the fourth quarter is approaching, we are all witness to the second hand market prices softening day by day. Any new deal surfacing t ...
Tuesday, 16 December 14
THIS PRICE IS A STEAL - EVA TZIMA
COALspot.com: Despite concerns that the slowdown of the Chinese economy would affect imports of iron ore, it seems that this has not been the case ...
Tuesday, 16 December 14
FOB RICHARDS BAY COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT US$ 65.60 PMT
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month.
The Q1 swap has lost US$ 0.18 (-0.27%) month on month ...
Tuesday, 16 December 14
SUB-BIT FOB INDONESIA COAL SWAP CONTINUES ITS FALL
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 1.7 ...
Monday, 15 December 14
WILL TANKERS BENEFIT FROM REEMERGENCE OF FLOATING STORAGE PLAYS? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The tanker market has been seeing high freight rates for some time now, riding on the back of low oil prices, which are boosting demand from develo ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
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