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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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Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...
Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...
Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...
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- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Economic Council, Georgia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
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