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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 $14.85 billion, said Bambang Setiawan, director general of coal, minerals and geothermal energy at the Energy Ministry.
Source: The Jakarta Globe
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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
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- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
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