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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, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
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- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Siam City Cement - Thailand
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- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
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- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
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