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Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
 WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of importing the commodity from that country to meet rising demand as economic growth boosts power consumption.
The two countries will form a joint working group to explore the possiblity of buying more coal from the southeast Asian nation and to set up ventures with local companies there, Purnomo Yusgiantoro, minister of energy and mineral resources told reporters after a meeting with Sriprakash Jaiswal, India's coal minister.
India's coal demand for the financial year ending March may rise 10% from a year earlier to 604 million metric tons, according to government forecasts. About 70 million tons of the total will be met through imports - nearly doubling in five years. The nation has been scouting for assets in Indonesia, Australia and Mozambique as the government's plan to double generation capacity boosts requirement.
Indonesia has a large "quantity of coal property and we are in need of coal," Mr. Jaiswal said.
Indonesia expects to produce between 230 million and 250 million tons of coal in 2009, Mr. Yusgiantoro said.
"We will increase it by 20 million tons to 30 million tons per year up to the level that it can be massively exported," Mr. Yusgiantoro said. Currently, Indonesia uses 40% of its output locally and exports the rest.
Indonesia has started trial runs of the second train at its Tangguh liquefied natural gas plant and expects to finish repair work at the first by the second week of October, Mr. Yusgiantoro said.
The Tangguh LNG plant, which is located in West Papua province and has two processing trains, was shut shortly after commissioning in July due to a technical glitch.
The Tangguh LNG plant is owned by a consortium led by Anglo-Dutch oil major BP PLC.
Due to the economic crisis, LNG offtake by traditional buyers - Korea, Japan and Taiwan - has been hit and Indonesia will hold talks with India's Oil Minister Murli Deora on long-term supply contracts, Mr. Yusgiantoro said.
Source: Online WSJ
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Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
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- Aditya Birla Group - India
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- Metalloyd Limited - United Kingdom
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- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
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- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
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- Planning Commission, India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
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- Indonesian Coal Mining Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
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- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Larsen & Toubro Limited - India
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- White Energy Company Limited
- Minerals Council of Australia
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- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
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- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
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- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
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- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Ministry of Transport, Egypt
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- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
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- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
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- CIMB Investment Bank - Malaysia
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- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
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- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
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- Global Business Power Corporation, Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
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- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
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- Cement Manufacturers Association - India
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