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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...
Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...
Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.
The Indonesia coal price referenc ...
Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...
Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March
APAC thermal coal has resumed its price surge since March this year. The benchmark Newcastle 6,000kcal/kg grade c ...
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- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- The University of Queensland
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
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