We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
.jpg) A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the country’s power plants when the law’s implementing regulations come into effect in April, the Indonesian Coal Producers Association warned on Monday.
Bob Kamandanu, chairman of the association, also known as the APBI, said its members stood to lose at least $3.2 billion this year, based on last year’s average coal price of $50 per ton, and that total production would decline by 25 percent. He said the law would force many operators to shut down because their permits would not be extended, while existing ones could be revoked.
However, Deputy Minister of Public Works Hermanto Dardak told the Jakarta Globe that any mining companies that have been operating according to existing regulations should have nothing to worry about.
“I think the new law is ideal for the country as Indonesia still experiences many violations of spatial zoning,” Hermanto said. “If a mining company has just realized they’re committing activities that violate the zoning law, then they should talk with the local governments and the Forestry Ministry to determine what needs to be done to adjust to the regulation.”
|
|
“The law is retroactive. Therefore, it could cause a massive negative impact on the industry as more than 90 percent of its operations are in forested areas” - Chairman, ICMA
|
|
The 2007 zoning law was initiated by the Public Works Ministry to create a more comprehensive zoning system governing land use in the country. It prohibits coal mining in some forested areas.
However, coal producers said they were unaware of the law’s existence until December, when their applications for extensions of their land-use permits began to be stalled or rejected.
“[The law] is retroactive. Therefore, it could cause a massive negative impact on the industry as more than 90 percent of its operations are in forested areas,” Bob said.
The APBI also claimed that the law has created confusion at the Forestry Ministry, resulting in a general reluctance to issue any permits because of fears that the issuers could face criminal prosecution if they inadvertently violated the zoning regulation.
The Energy Ministry confirmed last week that operations at the Jorong coal mine in South Kalimantan owned by PT Indo Tambangraya Mega, the country’s fourth-biggest coal miner, had been shut down by police because the company lacked the proper land-use permit.
“A unit of PT Tambang Batubara Bukit Asam, PT Bukit Kendi, has also been closed due to the same problem,” Bob said, adding that other companies had received notice that they should be prepared to shut their operations at some mines if their permits were not approved.
“The association and its members are currently seeking legal advisers to know whether the coal companies could operate within the law or not. We will seek a judicial review with the Constitutional Court if we can’t work under the law,” Bob said.
Indonesia, Asia’s biggest exporter of coal, is expected to produce 280 million tons this year, a 12 percent increase from last year. Coal exports in 2009 totaled $14.85 billion.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
|
|
|
Showing 5866 to 5870 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- MS Steel International - UAE
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
|
| |
| |
|
