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Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, as new customers and new contracts help fuel growth, a top company official said on Thursday.
"Next year we may produce around 17 million tonnes," President Director Bob Kamandanu told reporters without elaborating. This figure would be about 16 percent higher than this year's production target of 14.7 million tonnes.
Kamandanu gave no details of production so far this year.
Unlisted Berau Coal, which has a 1,200 square km (460 sq mile) concession area in East Kalimantan province, produced 13.2 million tonnes of coal in 2008.
Kamandanu said several new customers were likely to emerge, particularly from India, where many new power plants are scheduled to start operating soon.
The firm has also secured spot contracts with two new Chinese buyers for a combined 700,000 tonnes to be shipped between July and March 2010.
"If it goes well, we will look to extend the contract next year," said Kamandanu.
Armadian Tritunggal -- an investment firm controlled by Indonesian businessman Rizal Risjad -- is selling its 51 percent controlling stake in Berau. Several Indonesian and foreign firms have expressed an interest in the stake.
Sources said Berau had generated strong interest as it is rare for controlling stakes in Indonesian energy firms to be put on the market.
Source: Reuters
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Thursday, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...
Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...
Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing a 1.5 folds increase in revenue this year from Rp4. ...
Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...
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- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Australian Coal Association
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
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