COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY


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.

Recent News

Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Ince & co LLP
  • Vijayanagar Sugar Pvt Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Independent Power Producers Association of India
  • Global Green Power PLC Corporation, Philippines
  • Runge Indonesia
  • Madhucon Powers Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Permata Bank - Indonesia
  • Cemex - Philippines
  • Sindya Power Generating Company Private Ltd
  • Siam City Cement PLC, Thailand
  • Karaikal Port Pvt Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Kaltim Prima Coal - Indonesia
  • EIA - United States
  • South Luzon Thermal Energy Corporation
  • Cigading International Bulk Terminal - Indonesia
  • Gupta Coal India Ltd
  • Gresik Semen - Indonesia
  • CCIC - Indonesia
  • Bhushan Steel Limited - India
  • Platou - Singapore
  • Idemitsu - Japan
  • Bangladesh Power Developement Board
  • Baramulti Group, Indonesia
  • Star Paper Mills Limited - India
  • Bulk Trading Sa - Switzerland
  • Renaissance Capital - South Africa
  • McConnell Dowell - Australia
  • Georgia Ports Authority, United States
  • Global Business Power Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Straits Asia Resources Limited - Singapore
  • Jindal Steel & Power Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Humpuss - Indonesia
  • White Energy Company Limited
  • Clarksons - UK
  • The University of Queensland
  • DBS Bank - Singapore
  • Barclays Capital - USA
  • AsiaOL BioFuels Corp., Philippines
  • Mitsui
  • SMC Global Power, Philippines
  • Thomson Reuters GRC
  • Trasteel International SA, Italy
  • Pinang Coal Indonesia
  • Cosco
  • Central Electricity Authority - India
  • International Coal Ventures Pvt Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • SRK Consulting
  • Savvy Resources Ltd - HongKong
  • Ministry of Finance - Indonesia
  • Bangkok Bank PCL
  • SASOL - South Africa
  • Ernst & Young Pvt. Ltd.
  • India Bulls Power Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Iligan Light & Power Inc, Philippines
  • bp singapore
  • Mjunction Services Limited - India
  • Cebu Energy, Philippines
  • Banpu Public Company Limited - Thailand
  • LBH Netherlands Bv - Netherlands
  • TeaM Sual Corporation - Philippines
  • ANZ Bank - Australia
  • Kumho Petrochemical, South Korea
  • Edison Trading Spa - Italy
  • CESC Limited - India
  • Videocon Industries ltd - India
  • Sucofindo - Indonesia
  • Interocean Group of Companies - India
  • VISA Power Limited - India
  • Directorate Of Revenue Intelligence - India
  • Mitsubishi Corporation
  • Mitra SK Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Vale Mozambique
  • Thai Mozambique Logistica
  • Singapore Mercantile Exchange
  • Latin American Coal - Colombia
  • Kideco Jaya Agung - Indonesia
  • Arch Coal - USA
  • Commonwealth Bank - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Simpson Spence & Young - Indonesia
  • KOWEPO - South Korea
  • Wilmar Investment Holdings
  • IEA Clean Coal Centre - UK
  • Maruti Cements - India
  • CoalTek, United States
  • Coal India Limited
  • Indogreen Group - Indonesia
  • Adaro Indonesia
  • Essar Steel Hazira Ltd - India
  • Bank of America
  • Petron Corporation, Philippines
  • Indonesian Coal Mining Association
  • Indian School of Mines
  • Indika Energy - Indonesia
  • Mercuria Energy - Indonesia
  • Eastern Energy - Thailand
  • Berau Coal - Indonesia
  • Australian Commodity Traders Exchange
  • WorleyParsons
  • Coaltrans Conferences
  • UBS Singapore
  • Thailand Anthracite
  • Thermax Limited - India
  • Japan Coal Energy Center
  • Shree Cement - India
  • Kartika Selabumi Mining - Indonesia
  • GB Group - China
  • Maharashtra Electricity Regulatory Commission - India
  • Kobe Steel Ltd - Japan
  • APGENCO India
  • Electricity Authority, New Zealand
  • PTC India Limited - India
  • Argus Media - Singapore
  • ETA - Dubai
  • IMC Shipping - Singapore
  • Cement Manufacturers Association - India
  • HSBC - Hong Kong
  • Toyota Tsusho Corporation, Japan
  • NTPC Limited - India
  • Siam City Cement - Thailand
  • Makarim & Taira - Indonesia
  • ACC Limited - India
  • Mechel - Russia
  • IBC Asia (S) Pte Ltd
  • Borneo Indobara - Indonesia
  • Price Waterhouse Coopers - Russia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jaiprakash Power Ventures ltd
  • Qatrana Cement - Jordan
  • Krishnapatnam Port Company Ltd. - India
  • Rio Tinto Coal - Australia
  • PowerSource Philippines DevCo
  • Asia Cement - Taiwan
  • IHS Mccloskey Coal Group - USA
  • GVK Power & Infra Limited - India
  • Vitol - Bahrain
  • Jorong Barutama Greston.PT - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Pendopo Energi Batubara - Indonesia
  • Orica Australia Pty. Ltd.
  • Ministry of Transport, Egypt
  • KEPCO - South Korea
  • Maybank - Singapore
  • Africa Commodities Group - South Africa
  • Standard Chartered Bank - UAE
  • Eastern Coal Council - USA
  • Manunggal Multi Energi - Indonesia
  • NALCO India
  • Chamber of Mines of South Africa
  • Rudhra Energy - India
  • Leighton Contractors Pty Ltd - Australia
  • Platts
  • U S Energy Resources
  • Intertek Mineral Services - Indonesia
  • Goldman Sachs - Singapore
  • Aditya Birla Group - India
  • Oldendorff Carriers - Singapore
  • GMR Energy Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Deloitte Consulting - India
  • Xstrata Coal
  • KPMG - USA
  • World Bank
  • Bukit Makmur.PT - Indonesia
  • RBS Sempra - UK
  • Vizag Seaport Private Limited - India
  • Binh Thuan Hamico - Vietnam
  • JPMorgan - India
  • Core Mineral Indonesia
  • The State Trading Corporation of India Ltd
  • OCBC - Singapore
  • Fearnleys - India
  • Ministry of Mines - Canada
  • Merrill Lynch Commodities Europe
  • Gujarat Electricity Regulatory Commission - India
  • Energy Link Ltd, New Zealand
  • Riau Bara Harum - Indonesia
  • J M Baxi & Co - India
  • New Zealand Coal & Carbon
  • Britmindo - Indonesia
  • Bhoruka Overseas - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Barasentosa Lestari - Indonesia
  • Indonesia Power. PT
  • Tata Chemicals Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Indian Oil Corporation Limited
  • Xindia Steels Limited - India
  • Energy Development Corp, Philippines
  • Attock Cement Pakistan Limited
  • Lafarge - France
  • Gujarat Mineral Development Corp Ltd - India
  • Formosa Plastics Group - Taiwan
  • MEC Coal - Indonesia
  • Geoservices-GeoAssay Lab
  • Minerals Council of Australia
  • GN Power Mariveles Coal Plant, Philippines
  • TGV SRAAC LIMITED, India
  • Glencore India Pvt. Ltd
  • Indian Energy Exchange, India
  • Carbofer General Trading SA - India
  • Marubeni Corporation - India
  • London Commodity Brokers - England
  • Parliament of New Zealand
  • MS Steel International - UAE
  • TRAFIGURA, South Korea
  • McKinsey & Co - India
  • Reliance Power - India
  • Vedanta Resources Plc - India
  • PetroVietnam Power Coal Import and Supply Company
  • CNBM International Corporation - China
  • ICICI Bank Limited - India
  • PNOC Exploration Corporation - Philippines
  • Electricity Generating Authority of Thailand
  • Kobexindo Tractors - Indoneisa
  • Ceylon Electricity Board - Sri Lanka
  • CIMB Investment Bank - Malaysia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • KPCL - India
  • Adani Power Ltd - India
  • The India Cements Ltd
  • Power Finance Corporation Ltd., India
  • Credit Suisse - India
  • Merrill Lynch Bank
  • PetroVietnam
  • Jatenergy - Australia
  • Mercator Lines Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Medco Energi Mining Internasional
  • PLN Batubara - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • TNPL - India
  • Meralco Power Generation, Philippines
  • The Treasury - Australian Government
  • Tanito Harum - Indonesia
  • Maheswari Brothers Coal Limited - India
  • SMG Consultants - Indonesia
  • Maersk Broker
  • Sojitz Corporation - Japan
  • Anglo American - United Kingdom
  • Miang Besar Coal Terminal - Indonesia
  • EMO - The Netherlands
  • BNP Paribas - Singapore
  • Samtan Co., Ltd - South Korea
  • Dalmia Cement Bharat India
  • Lanco Infratech Ltd - India
  • Ambuja Cements Ltd - India
  • Semirara Mining Corp, Philippines
  • San Jose City I Power Corp, Philippines
  • Wood Mackenzie - Singapore
  • Sarangani Energy Corporation, Philippines
  • Shenhua Group - China
  • OPG Power Generation Pvt Ltd - India
  • Thriveni
  • Cargill India Pvt Ltd
  • Meenaskhi Energy Private Limited - India
  • GNFC Limited - India
  • Petrosea - Indonesia
  • Salva Resources Pvt Ltd - India
  • World Coal - UK
  • IOL Indonesia
  • SGS (Thailand) Limited
  • Sree Jayajothi Cements Limited - India
  • Noble Europe Ltd - UK
  • Indorama - Singapore
  • PLN - Indonesia
  • Agrawal Coal Company - India
  • Samsung - South Korea
  • BRS Brokers - Singapore
  • Coastal Gujarat Power Limited - India
  • Mintek Dendrill Indonesia
  • GHCL Limited - India
  • TANGEDCO India
  • Malabar Cements Ltd - India
  • Asian Development Bank
  • Bahari Cakrawala Sebuku - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Total Coal South Africa
  • Therma Luzon, Inc, Philippines
  • Coal and Oil Company - UAE
  • Economic Council, Georgia
  • Moodys - Singapore
  • Orica Mining Services - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Tata Power - India
  • Peabody Energy - USA
  • Central Java Power - Indonesia
  • Sakthi Sugars Limited - India
  • Inspectorate - India
  • Asmin Koalindo Tuhup - Indonesia
  • Port Waratah Coal Services - Australia
  • Bukit Asam (Persero) Tbk - Indonesia
  • ING Bank NV - Singapore
  • UOB Asia (HK) Ltd
  • SUEK AG - Indonesia
  • Larsen & Toubro Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Coal Orbis AG
  • Sical Logistics Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Thiess Contractors Indonesia
  • Heidelberg Cement - Germany
  • Bhatia International Limited - India
  • Ind-Barath Power Infra Limited - India
  • Planning Commission, India
  • Timah Investasi Mineral - Indoneisa
  • Australian Coal Association
  • Altura Mining Limited, Indonesia
  • European Bulk Services B.V. - Netherlands
  • Directorate General of MIneral and Coal - Indonesia
  • Coalindo Energy - Indonesia
  • ASAPP Information Group - India
  • Parry Sugars Refinery, India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Arutmin Indonesia
  • Russian Coal LLC
  • Holcim Trading Pte Ltd - Singapore
  • globalCOAL - UK
  • Posco Energy - South Korea
  • Coeclerici Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Inco-Indonesia
  • Surastha Cement
  • Indo Tambangraya Megah - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Cardiff University - UK
  • Aboitiz Power Corporation - Philippines
  • Freeport Indonesia
  • Metalloyd Limited - United Kingdom
  • Infraline Energy - India
  • Tamil Nadu electricity Board
  • Bharathi Cement Corporation - India
  • Gujarat Sidhee Cement - India
  • Antam Resourcindo - Indonesia
  • Deutsche Bank - India
  • Panama Canal Authority
  • JPower - Japan
  • Malco - India
  • Uttam Galva Steels Limited - India
  • Enel Italy
  • Romanian Commodities Exchange
  • Grasim Industreis Ltd - India
  • Bank of China, Malaysia