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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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Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...
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- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
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