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Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.
The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.
"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.
According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.
The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.
On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.
Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80% Y-o-Y.
The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.
Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price. (additional reports by COALspot.com)
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Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...
Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...
Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC
U.S. coal exports to Asia—once heralded as the saving gra ...
Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...
Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...
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- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
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