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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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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 ...
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 ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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Showing 6026 to 6030 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
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