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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 Mining Companies (APBI).
APBI`s chief public relations officer, Herman Heru Suprob, said here on Wednesday the 2010 target was higher than last year`s which reached 254 million metric tons of which 85 percent was contributed by APBI members.
"If all goes well, we believe production in 2010 will reach 275 million to 280 million metric tons," he said.
Herman admitted the industry had had to deal with various problems in 2009 so that it was unable to reach its production target and even produced 20 percent less than the year before.
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"If all goes well, we believe production in 2010 will reach 275 million to 280 million metric tons"
- Herman Heru Suprob
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One of the problems, he said, was licensing, particularly for mining in forested areas, a process that could take between six and 12 months to complete.
He said this had happened because of lack of coordination between the central administration, in this case the energy and mineral resources ministry and regional administrations as well as between provincial and district administrations.
"The industry would suffer if they would go by themselves and become sector- ego-sectoral," he said.
He said the condition would increase potential loss in the industry.
Some companies have even postponed their investment plan due to a lack of legal certainty in the sector that needs huge investment, he said.
"Every office feels to have an authority with regard to mining licensing and it has confused investors," he said.
Regarding the government`s plan to issue new regulations in the forestry sector that would be connected with mining, Herman said he hoped they could be issued immediately.
The new regulations that will be connected with upstream gas and oil activities and mining in the forestry sector are the government regulation on forestry land use and the government regulation on change of forestry land use and function.
In addition to them there will also be a regulation on non-tax state revenue from forestry land opening and a presidential regulation on underground mining.
He said the regulations which had become the program of the first 100 days of the government should have been produced on February 1, 2010.
Source: Antara
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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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