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Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
 Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as suppliers struggle to meet the regulation.
Coal miners are currently required to sell 25% of their output to the local market, mainly state-owned electric company PT Perusahaan Listrik Negara (PLN), a policy known as the domestic market obligation (DMO). However, since PLN’s demand is limited while output is climbing, the miners are unable to maintain the ratio of exports to domestic sales.
“We are thinking of ways to avoid harming the domestic sector, but still takes care of exports,” said Bambang Gatot Ariyono, coal and minerals director general at the Ministry of Energy and Mineral Resources, said at a ministry event.
The changes are aimed at “finding the balance between domestic obligation and exports,” he said.
Pandu Sjahrir, the chairman of the Indonesian Coal Mining Association, told reporters separately on Monday that domestic coal consumption remains unchanged at 120 million tonnes a year while output is climbing to 600 million tonnes.
If the government wants to keep the 25% DMO, output should be capped at 480 million tonnes, he said.
Some miners have also complained that they cannot sell to domestic buyers because they require low-calorie coal while the miners mostly produce high-calorie coal, local media reported.
Sjahrir also said he hopes the government will remove the price cap for coal sold to PLN, currently set at $70 per ton.
Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif said last month the government plans to keep the price cap at $70 for 2020.
Ariyono also said the government will also draft new regulations to support its agenda of building a downstream industry for coal.
Indonesian President Joko Widodo wants the country to expand the downstream uses for coal at home, including processing coal into dimethyl ether to substitute for imported liquefied petroleum gas (LPG).
Source: Reuters
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
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