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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, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
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- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
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- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
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- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- Indian Oil Corporation Limited
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- Chamber of Mines of South Africa
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- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
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- Siam City Cement PLC, Thailand
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
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- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
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- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Eastern Coal Council - USA
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- Cement Manufacturers Association - India
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- VISA Power Limited - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
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- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
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