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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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Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
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- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
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- ICICI Bank Limited - India
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- Cement Manufacturers Association - India
- Parliament of New Zealand
- The University of Queensland
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- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- VISA Power Limited - India
- Edison Trading Spa - Italy
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- Larsen & Toubro Limited - India
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- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
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- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
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- Gujarat Mineral Development Corp Ltd - India
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- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
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- Eastern Coal Council - USA
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- Rashtriya Ispat Nigam Limited - India
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- Global Coal Blending Company Limited - Australia
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- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
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- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
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- Indogreen Group - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
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- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
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- Gujarat Electricity Regulatory Commission - India
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- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
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- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
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- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
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- Tamil Nadu electricity Board
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- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
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- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
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- Economic Council, Georgia
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- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
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- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
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- Trasteel International SA, Italy
- London Commodity Brokers - England
- Wilmar Investment Holdings
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- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
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- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
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