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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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Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...
Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
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- Grasim Industreis Ltd - India
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- Singapore Mercantile Exchange
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- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- CNBM International Corporation - China
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- PNOC Exploration Corporation - Philippines
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- Kaltim Prima Coal - Indonesia
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- New Zealand Coal & Carbon
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- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- The University of Queensland
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- Energy Development Corp, Philippines
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- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
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- London Commodity Brokers - England
- MS Steel International - UAE
- Borneo Indobara - Indonesia
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- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
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- Interocean Group of Companies - India
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- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
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- Intertek Mineral Services - Indonesia
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- Eastern Coal Council - USA
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- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
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- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
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- Energy Link Ltd, New Zealand
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- The Treasury - Australian Government
- Electricity Authority, New Zealand
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- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
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- Bayan Resources Tbk. - Indonesia
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- Minerals Council of Australia
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- Directorate General of MIneral and Coal - Indonesia
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- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
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- Pipit Mutiara Jaya. PT, Indonesia
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- Merrill Lynch Commodities Europe
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- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
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- Ceylon Electricity Board - Sri Lanka
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- Australian Coal Association
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