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Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower prices, the mining minister said on Tuesday.
The plan to set up the scheme follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the beginning of 2022.
Indonesia requires miners to sell a portion of their output to state power firm Perusahaan Listrik Negara (PLN) at a maximum price of $70 per metric ton and to certain local industries at a maximum $90 per ton.
Officials said when global prices of coal are high, some miners would not comply with the rules, causing a supply crunch.
Under the planned scheme, all coal miners will be required to pay levies and the proceeds will be used to compensate miners who supply to PLN at the capped price.
“This will create fairness and a level playing field. Everyone will share the responsibility to support the government programme relating to domestic market obligations,” Energy and Mineral Resources Minister Arifin Tasrif said at a parliamentary hearing.
He gave no estimate of how much would be collected.
The regulations and infrastructure needed for the implementation of the scheme are being finalised, he said.
“If all these can be finished soon, we can run a trial in December and the operation can start in January 1, 2024,” Arifin said.
State-controlled Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia will be appointed to collect the funds, he added.
Coking coal miners will be excluded from the scheme, Arifin said, but they would still be required to meet the domestic sales obligation.
Source: Reuters
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
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