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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, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
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