COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
ReutersIndonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on Monday, amid government talks on how Southeast Asia’s biggest economy can increase export revenues.
 
Pandjaitan was referring to proposed revisions to rules introduced in March requiring Indonesian coal miners to sell 25 percent of their thermal coal output to domestic buyers, with a price capped at $70 per tonne for coal sold to state electricity utility Perusahaan Listrik Negara (PLN).
 
“Even if this happens it will probably be next year at the earliest we can do it,” he said.
 
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated, Pandjaitan said.
 
The government is looking at revising domestic coal supply and pricing rules “to see how much money (Indonesia) can get from here,” he said, referring to government efforts to increase export revenue.
 
Indonesia is the world’s top exporter of thermal coal, and its economy has benefited from rising demand and prices for the dirty fuel - which hit $104.65 a tonne in July - their highest level since May 2012.
 
The proposed changes are part of Indonesia’s efforts to increase these benefits, to reduce the country’s current account deficit amid the threat of a global trade war that could further weaken the rupiah, one of the worst performing currencies in emerging Asia having lost 6 percent this year.
 
The cap on domestic thermal coal prices was introduced to shield PLN from price fluctuations.
 
Indonesia did not want to control the market or dent PLN’s revenues with the proposed revisions, Pandjaitan said, without providing further detail on what form any new rules would take.
 
Rosan Roeslani, chairman of Indonesia’s Chamber of Commerce and Industry (KADIN), said the government was considering a possible revision of the price cap.
 
The 25 percent quota could also be “adjusted to meet domestic demand,” said Roeslani, who attended a meeting with Pandjaitan along with mining ministry and state electricity utility (PLN) officials on Monday to discuss the coal rules.
 
Roeslani was referring to coal grades that do not meet PLN’s requirements.
 
Coal with energy levels above 4,500 kilocalories per kilogram (kcal/kg) or below 4,000 kcal/kg could potentially be exported because it wasn’t needed by PLN, he said.
 
Discussions, though, were “still in very early stages,” Roeslani said, and another meeting is planned for this week to discuss the matter further. 
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5539
News by Category
Popular News
 
Total Members : 26,488
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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