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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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Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
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- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
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