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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
 The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic demand, especially for electricity generation, an official said.
"The figure is based on our estimate of the domestic demand for coal," Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, told reporters Wednesday.
The export cap will be included in a government regulation on domestic market obligations (DMO).
"We expect the regulation on the DMO to be concluded this year," Bambang said.
According to Bambang, national coal production this year is targeted at 230 million tons. He said that as much as 161.5 tons of this total were for export and the remaining 68.5 tons were for the domestic market.
The Indonesian Coal Producers Association has estimated national coal production will reach 250 million tons this year while the domestic demand will reach 50 million tons.
Bambang said the domestic demand would increase significantly in the upcoming years as power plants from the government's 10,000 megawatt electricity crash program would begin operation in 2011.
He said the coal demand from the power sector in 2011 would be somewhere between 65 million and 70 million tons a year, up from 40 million to 46 million tons this year.
Bambang also announced a government plan to provice incentives for low-calorie coal producers.
Bamband said the government plans to reduce the percentage of the so-called coal production fund (DHPB), which basically consist of development fee and royalty paid to the government.
The government requires low-calorie coal producers to pay the DHPB as much as 13.5 percent of their sales revenue.
Bambang said the Energy and Mineral Resources Ministry proposed to reduce the DHPB for low-calorie coal producers from 13.5 percent to around 7.5 percent. The reduction will only be taken from the development fee, while the royalty will remain at 3 percent.
"This proposal still needs to be discussed further with the Finance Ministry," Bambang said.
Source: The Jakarta Post
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Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
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- Ministry of Mines - Canada
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- Medco Energi Mining Internasional
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- Malabar Cements Ltd - India
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- Parliament of New Zealand
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- Straits Asia Resources Limited - Singapore
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- Bulk Trading Sa - Switzerland
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- Economic Council, Georgia
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- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
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- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
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- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
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- White Energy Company Limited
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- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
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- Eastern Energy - Thailand
- Baramulti Group, Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
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- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Australian Coal Association
- Sojitz Corporation - Japan
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- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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