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Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban exports of coal, perhaps as soon as 2015.
Those on the council, known as DEN, who support the proposal argue that Indonesia, now Asia’s largest exporter of coal, will be able to absorb its production by that date. They also point to the need for energy security and the country’s diminishing coal reserves.
However, one industry representative argued that such a ban would hurt investment in the sector, and that domestic buyers would be unable to absorb the additional supply without aggressive expansion of the country’s coal-fired electricity-generating capacity.
Herman Darnel Ibrahim, a council member representing industry, said the ban was needed because the country’s remaining coal reserves were now estimated to be sufficient for only 20 years.
“Energy security is the main factor to consider,” Herman said. “The role of energy resources should change from that of generating state revenue to supporting the country’s development.”
Council member Rinaldi Dalimi, who represents academia, said banning exports would benefit the country because the price of coal was expected to increase significantly. “We do not want to face a domestic shortage in the future just because we set a priority on exports,” Rinaldi said.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), warned that such a ban would drive away international investors.
“With the current domestic market conditions, the proposal would only negatively impact the investment,” he said.
“Should the government aim to scrap exports, there should be at least 70,000 megawatts of coal-fired plants to absorb the production. We won’t mind ending exports as long as there are buyers for our production.”
Energy Minister Darwin Zahedy Saleh, executive chairman of the council, said the ban would probably not be implemented as long as the country had a stable, consistent supply of coal.
Total national production of coal is expected to reach 280 million tons this year, with 75 million tons allocated to the domestic market.
Last year, the coal output was 254 million tons. About 198 million tons of the production was exported, mainly to buyers in Japan, China, India, Australia and Africa.
Coal exports last year were worth a total of $14.85 billion, said Bambang Setiawan, director general of coal, minerals and geothermal energy at the Energy Ministry.
Source: The Jakarta Globe
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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
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Showing 6026 to 6030 news of total 6871 |
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- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
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