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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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Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...
Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...
Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...
Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...
Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were up except for cape index whic ...
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- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Eastern Coal Council - USA
- PTC India Limited - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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