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Wednesday, 12 August 15
REGULATION CURBS POWER OF LOCAL AUTHORITIES IN MINING SECTOR IN INDONESIA - FLORENCE G. SANTOSO
 The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the first steps in this direction with Minister of Energy and Mineral Resources (MEMR) Regulation No. 27 of 2013 dated September 13, 2013 regarding Procedures for the Divestment of Shares and Changes to Capital Investment in the Mineral and Coal Mining Sectors. That Regulation ordered all Regents and Governors to submit to the MEMR all mining licenses (IUPs) issued for foreign capital (PMA) companies so the IUPs could be re-issued by the MEMR. This process was to be completed before September 13, 2014, but it seems that not all Regents and Governors complied.
With the issuance of the Regional Governance Law (Law No. 23 of 2014) on October 2, 2014, it was made clearer that Regents no longer have authority to issue IUPs. Rather, the sole authority to issue IUPs for mining companies having a mining area located in just one province was vested to Governors, while the MEMR has the authority to issue licenses for mining companies having a mining area located in more than one province and for PMA mining companies.
In support of the Regional Governance Law, the Government issued Government Regulation No. 77 of 2014 (GR 77/2014) dated October 14, 2014 regarding the Third Amendment of Government Regulation No. 23 of 2010 regarding the Implementation of Mineral and Coal Mining Business. GR 77/2014 reaffirmed the requirement under MEMR 27/2013 that the MEMR reissue any IUPs previously issued by Governors and Regents to PMA mining companies. A new deadline of October 14, 2015 was set for the reissuance of the IUPs. This was reasserted in Directorate General of Minerals and Coal Circular Letter No. 01.E/30/DJB/2015 dated April 7, 2015 regarding the Change of Status of Mining Business License in the Framework of Domestic Capital Becoming Foreign Capital.
Since the issuance of the Regional Governance Law, the MEMR has issued a number of regulations curbing the authority of Regents in the mining sector. On March 4, 2015, MEMR Regulation No. 8 of 2015 was issued to amend MEMR Regulation No. 1 of 2014 regarding Increasing the Added Value of Minerals through Domestic Processing and Refining. One of the main changes under MEMR Reg No. 8 of 2015 was the revocation of the authority of Regents to issue smelter licenses (Mining Business License for Processing and Refining, or IUPOKPP) and giving that authority to Governors. Any future smelter licenses will have to be issued by the relevant Governor, though it is unclear whether smelter licenses issued by Regents prior to this Regulation would have to be reissued by Governors and whether the annual work plans and budgets of such smelter companies must be submitted to and approved by the relevant Governor or the Regent.
Despite the above rules and regulations, Regents’ authority to issue IUPs remains unchanged under the 2009 Mining Law. So, there is a conflict between the Mining Law and the Regional Governance Law. While it remains to be seen how this conflict will be resolved there is talk that the 2009 Mining Law will be amended to revoke the authority of Regents to issue IUPs.
By Florence Gracia Santoso
SSEK Indonesian Legal Consultants
 About Florence Gracia Santoso
Florence is experienced in energy, infrastructure, investment and mergers and acquisitions, and has been involved in a number of acquisitions involving industrial and trading companies.
Since joining SSEK Legal Consultants in 2010, Florence Gracia Santoso has been involved in numerous major mining transactions.
This article is intended for informational purposes only and does not constitute legal advice. This article should not be acted upon in any specific situation without appropriate legal advice.
If you believe an article violates your rights or the rights of others, please contact us.
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Monday, 17 August 15
INDONESIAN THERMAL COAL REFERENCE PRICE HITS RECORD LOW AGAIN!
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT fo ...
Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
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- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Parliament of New Zealand
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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