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Friday, 18 May 18
AFTER COAL, INDONESIAN GOVERNMENT PUSHES DMO ON GAS FOR ELECTRICITY
After introducing its domestic market obligation (DMO) policy for coal on March 12, the government is going forward with its plan to introduce a DMO for gas in an effort to reduce electricity prices.
According to the Jakarta Post, Energy and Mineral Resources Ministry Electricity Director General Andy N. Sommeng said in Jakarta on Thursday that the DMO was expected to take effect by the end of this year. He said that gas was the most efficient option for electricity production in outermost, frontline and disadvantaged regions, most of which are not connected to the main networks of state-owned electricity company PLN.
As reported by The Jakarta Post, Andy said the government had considered the impact of the policy on the upstream gas sector. He said the impact would not be too significant because many gas companies had operated for about 30 years and had by now reached breakeven point.
“[Currently], they only need to spend on the maintenance cost of gas wells and even if they need to conduct field drilling, the cost won’t be that high. Therefore, the electricity price should be lower than the current price,” he said.
The Jakarta post further reported that, according Electricity Director General Andy N. Sommeng, the ideal gas price for power plants should be US$7 per million British thermal units (mmbtu), while the current prices ranged between $10 and $11 per mmbtu.
Under the DMO policy on coal that has been in effect since March 12, the domestic coal price for power plants is set at US$70 per metric ton or HBA which ever is lower for 6322 GAR coal. Coal-fired power plants (PLTU) contribute about 57 percent to national electricity production.
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- The University of Queensland
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
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