We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
 The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons next year as lawmakers insist that the government must book higher non-tax revenue from the mining sector in 2010.
Bambang Setiawan, the director general for coal, minerals, and geothermal at the Energy and Mineral Resources Ministry, said the House of Representatives' budget committee had asked the government to set a non-tax revenue target of Rp 15 trillion (US$1.48 billion) from the mining sector in 2010.
"The government *had* earlier proposed the revenue at Rp 14 trillion, which is unchanged from this year's target.
"But, as the House's budget committee want the revenue to be Rp 15 trillion, we expect that next year we can slightly increase the production," Bambang said Thursday.
Coal and other mining commodities contribute to non-tax state revenue mainly through royalty payments. Coal contributes the biggest single contribution to state revenues from mining commodities.
The royalty payments will then be shared between the central and regional governments involved.
For this year, the country expects to produce 230 million tons of coal.
"If we want to secure the Rp 15 trillion revenue next year, we must increase coal production by between 10 million and 20 million tons. This is based on the assumption that the coal price is still unchanged from the current price of US$63 per ton," Bambang said.
"We hope that the production can be increased and the demand will be high next year so that the revenue target can be achieved," he said.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), said the target was "not too extreme" and achievable.
"This should be achievable, because last year the production was 239 million tons and this year it could be somewhere between 245 and 250 million tons. Thus the target of 260 million tons for next year will not be too difficult," he said.
The country's coal production has already reached 72 million tons in the first half of this year, according to data from the energy and mineral resources ministry.
In the same period, the coal sales volume reached 75 million tons; 52 million tons being sold to domestic buyers and the remaining 23 million tons going to exports..
The mining sector in total has booked non-tax revenue amounting to Rp 7.2 trillion in the first half of 2009, just under half of the annual target now set by the House of Representatives budget committee.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
|
|
|
Showing 6451 to 6455 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Minerals Council of Australia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- The University of Queensland
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
|
| |
| |
|
