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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired power plants.
Mr Darwin Saleh energy minister of Indonesia told members of the House of Representatives Commission VII said that "The government needs a guaranteed coal supply to support the 10,000 MW fast track program. Therefore, all coal producers should allocate 30% of their production to the domestic market."
Mr Darwin said that domestic demand for coal in 2010 had been estimated at 65 million tonnes, of which 85% would be needed for power plants. He said the quota for domestic producers would be updated every year.
Mr Bambang Setiawan director general of coal, minerals and geothermal energy at the ministry said that the government would limit coal exports to 150 million tonnes next year.
Mr Bob Kamandanu chairman of Indonesian Coal Producers Association said that "I'm confused why the government wants a 30% quota for domestic supply next year because I don't think the domestic market could absorb that much. The association has calculated that we could produce around 270 million tonnes next year. That means 81 million tonnes would be for domestic use while demand would only be at 60 to 70 millions."
The energy ministry has forecasts that the country would produce about 230 million tonnes of coal this year. Output totaled 172 million tonnes as of the end of August 2009. About 20% or 34.7 million tonnes had gone to the domestic market.
Source: Steel Guru
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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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- Coal and Oil Company - UAE
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- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
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- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
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- Carbofer General Trading SA - India
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- Mintek Dendrill Indonesia
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- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- ASAPP Information Group - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Indo Tambangraya Megah - Indonesia
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- Bulk Trading Sa - Switzerland
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- Petrochimia International Co. Ltd.- Taiwan
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- Latin American Coal - Colombia
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- Attock Cement Pakistan Limited
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- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
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- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
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- MS Steel International - UAE
- Mercator Lines Limited - India
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- Thai Mozambique Logistica
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- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Siam City Cement - Thailand
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- Maheswari Brothers Coal Limited - India
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- Economic Council, Georgia
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- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
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- The University of Queensland
- Port Waratah Coal Services - Australia
- Planning Commission, India
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- Dalmia Cement Bharat India
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- Kideco Jaya Agung - Indonesia
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- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
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- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
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- Sakthi Sugars Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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