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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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- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- White Energy Company Limited
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- PTC India Limited - India
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Planning Commission, India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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