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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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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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- The University of Queensland
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- Orica Mining Services - Indonesia
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- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
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- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- White Energy Company Limited
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- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
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- Sojitz Corporation - Japan
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- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
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- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
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- Cement Manufacturers Association - India
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- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
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- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
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- Directorate General of MIneral and Coal - Indonesia
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- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
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- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
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- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
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- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
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- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- India Bulls Power Limited - India
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- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
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