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Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for domestic power plants and industries, energy minister Arifin Tasrif said.
The plan to set up the agency follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the start of the year.
The government plans to collect the levy from coal companies based on their output and proceeds will be used to pay the gap between the coal market price and the price cap set for a domestic market obligation (DMO).
Indonesia has put a price cap of $70 per tonne for coal sales to power plants and a $90 per tonne cap for local cement and fertiliser companies, and other industries.
Officials have said the significant gap between international prices and the domestic price cap had led to poor compliance with the DMO scheme.
Arifin declined to disclose the levy rate, but said it would be tiered based on the coal’s calorific value.
“If the calorific value is low, automatically (the levy rate) will be low, as the sale price is low, .. while for the higher calorific value… we will set it higher, because the selling price is higher,” Arifin said.
Source: Reuters
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Planning Commission, India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- ASAPP Information Group - India
- The University of Queensland
- White Energy Company Limited
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
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