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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
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