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Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
 Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other permit holders in the near future so all of the permits are expected to be complete at the end of 2012.
Since the issue of Mining Act, the Ministry of Energy and Mining Directorate General of Mineral Resources (ESDM) until mid-2011 there were 9,662 mining permits (IUP)issued by the local governments.
Of the total IUP, only 3,778 permits have clean and clear status. Clean and clear status shows that the mining areas have complete documents and no overlapping areas.
The remaining 5,884 permits are problematic. In fact, there are expected to be significant unclear permits since the licensing authorities are held by the local governments. This is because regional heads or regents neglect to manage the matter.
A Bisnis source said that in one area of East Kalimantan, to take power of attorney over the adjustment of mining permit status into exploration permit about IDR 250 million (approximately US$ 27,700) is needed, while the 'cost' for a production permit ranges between IDR 500 million and IDR 1 billion (approximately US$ 55,401 - US$ 110,803).
It is caused by the unprofessional regents who gave permits to more than one party," said Thamrin Sihite, Director General of Mining and Mineral Resources
Ministry last weekend.
The Directorate General of Mineral and Coal has assigned the University of Indonesia (UI) to resolve the issue. The appointment has caused internal resistance since the verification which was actually conducted by the Directorate of Commercial Directorate of Coal and Mineral has to be taken over by an Independent Team from UI.
The completion of the mining permit verification, Thamrin said, is expected to boost state revenues from the mining sector.
"With reconciliation, the mining permit will be more orderly. In addition, the permit holder who usually pays a dividend to the regional government, will now be expected to pay the central government. The central government has also conducted socialization to the local government so that the payment of non-tax state revenues can be deposited to central. Then, it will be distributed to the local government,"he said.
Besides completing the reconciliation of mining permit, the government also continues to fix the mining sector. President Susilo Bambang Yudhoyono has formed an evaluation team to adjust working contract (KK) and the agreement of the coal mining business (PKP2B) in accordance with Presidential Decree No.3/2012.
The team is composed of the Coordinating Minister for Economic Affairs Hatta Rajasa as the chairman, the Minister of ESDM Jero Wacik as Chief Executive and Director General of Mineral and Coal Thamrin Sihite as the secretary.
The evaluation team members consists of the Minister of Finance, Minister of Home Affairs, Minister of Justice and Human Rights, Minister of Industry, Minister of Trade, Minister of Forestry, Minister of SOEs, the Cabinet Secretary, the Attorney General, Chief of Financial Development Supervisory Board (BPKP), Head of National Land Agency (BPN), and the Head of Investment Coordinating Board (BKPM).
Source : Bisnis.com (By:Vega Aulia Pradipta) / Mitrais
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- The University of Queensland
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
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