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Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
Indonesia 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
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Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
Showing 21 to 25 news of total 6209
Bank of Tokyo Mitsubishi UFJ Ltd
Mintek Dendrill Indonesia
Neyveli Lignite Corporation Ltd, - India
Sree Jayajothi Cements Limited - India
Grasim Industreis Ltd - India
GMR Energy Limited - India
Antam Resourcindo - Indonesia
Maheswari Brothers Coal Limited - India
The Treasury - Australian Government
New Zealand Coal & Carbon
Formosa Plastics Group - Taiwan
Trasteel International SA, Italy
Salva Resources Pvt Ltd - India
McConnell Dowell - Australia
Orica Mining Services - Indonesia
PTC India Limited - India
Bayan Resources Tbk. - Indonesia
Dong Bac Coal Mineral Investment Coporation - Vietnam
Ambuja Cements Ltd - India
London Commodity Brokers - England
Africa Commodities Group - South Africa
Petron Corporation, Philippines
Lanco Infratech Ltd - India
Posco Energy - South Korea
Rio Tinto Coal - Australia
IEA Clean Coal Centre - UK
Merrill Lynch Commodities Europe
Australian Commodity Traders Exchange
Medco Energi Mining Internasional
Siam City Cement - Thailand
Indogreen Group - Indonesia
Sindya Power Generating Company Private Ltd
Kohat Cement Company Ltd. - Pakistan
Essar Steel Hazira Ltd - India
Aboitiz Power Corporation - Philippines
Central Electricity Authority - India
Indonesian Coal Mining Association
South Luzon Thermal Energy Corporation
Bhatia International Limited - India
Kobexindo Tractors - Indoneisa
Latin American Coal - Colombia
Offshore Bulk Terminal Pte Ltd, Singapore
Altura Mining Limited, Indonesia
European Bulk Services B.V. - Netherlands
International Coal Ventures Pvt Ltd - India
Rashtriya Ispat Nigam Limited - India
Jaiprakash Power Ventures ltd
SMG Consultants - Indonesia
Sical Logistics Limited - India
Jindal Steel & Power Ltd - India
Holcim Trading Pte Ltd - Singapore
Vizag Seaport Private Limited - India
Standard Chartered Bank - UAE
Eastern Coal Council - USA
Cigading International Bulk Terminal - Indonesia
Anglo American - United Kingdom
Banpu Public Company Limited - Thailand
Planning Commission, India
Edison Trading Spa - Italy
White Energy Company Limited
Pipit Mutiara Jaya. PT, Indonesia
IHS Mccloskey Coal Group - USA
PetroVietnam Power Coal Import and Supply Company
Videocon Industries ltd - India
Port Waratah Coal Services - Australia
Samtan Co., Ltd - South Korea
PNOC Exploration Corporation - Philippines
TNB Fuel Sdn Bhd - Malaysia
Parry Sugars Refinery, India
Australian Coal Association
Savvy Resources Ltd - HongKong
Ind-Barath Power Infra Limited - India
Carbofer General Trading SA - India
Global Coal Blending Company Limited - Australia
Mercuria Energy - Indonesia
Indika Energy - Indonesia
Sarangani Energy Corporation, Philippines
Bharathi Cement Corporation - India
Global Business Power Corporation, Philippines
Timah Investasi Mineral - Indoneisa
Attock Cement Pakistan Limited
Directorate Of Revenue Intelligence - India
Minerals Council of Australia
Cement Manufacturers Association - India
Eastern Energy - Thailand
Interocean Group of Companies - India
Ministry of Mines - Canada
GN Power Mariveles Coal Plant, Philippines
Singapore Mercantile Exchange
Energy Link Ltd, New Zealand
Bulk Trading Sa - Switzerland
ASAPP Information Group - India
Dr Ramakrishna Prasad Power Pvt Ltd - India
Petrochimia International Co. Ltd.- Taiwan
GVK Power & Infra Limited - India
Bukit Makmur.PT - Indonesia
Parliament of New Zealand
Karaikal Port Pvt Ltd - India
Kepco SPC Power Corporation, Philippines
Ceylon Electricity Board - Sri Lanka
Vijayanagar Sugar Pvt Ltd - India
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Ministry of Finance - Indonesia
Bahari Cakrawala Sebuku - Indonesia
Independent Power Producers Association of India
Electricity Generating Authority of Thailand
Romanian Commodities Exchange
Globalindo Alam Lestari - Indonesia
Global Green Power PLC Corporation, Philippines
Mercator Lines Limited - India
Larsen & Toubro Limited - India
Dalmia Cement Bharat India
Gujarat Mineral Development Corp Ltd - India
AsiaOL BioFuels Corp., Philippines
Miang Besar Coal Terminal - Indonesia
Riau Bara Harum - Indonesia
Maharashtra Electricity Regulatory Commission - India
Krishnapatnam Port Company Ltd. - India
Oldendorff Carriers - Singapore
Asmin Koalindo Tuhup - Indonesia
Ministry of Transport, Egypt
Price Waterhouse Coopers - Russia
Leighton Contractors Pty Ltd - Australia
Chamber of Mines of South Africa
Bhushan Steel Limited - India
Kartika Selabumi Mining - Indonesia
Karbindo Abesyapradhi - Indoneisa
Orica Australia Pty. Ltd.
Energy Development Corp, Philippines
Kapuas Tunggal Persada - Indonesia
Manunggal Multi Energi - Indonesia
VISA Power Limited - India
Baramulti Group, Indonesia
Kumho Petrochemical, South Korea
The State Trading Corporation of India Ltd
Therma Luzon, Inc, Philippines
LBH Netherlands Bv - Netherlands
The University of Queensland
Gujarat Electricity Regulatory Commission - India
Indian Oil Corporation Limited
Binh Thuan Hamico - Vietnam
Bukit Baiduri Energy - Indonesia
CNBM International Corporation - China
Pendopo Energi Batubara - Indonesia
OPG Power Generation Pvt Ltd - India
GAC Shipping (India) Pvt Ltd
Wilmar Investment Holdings
Tata Chemicals Ltd - India
Coal and Oil Company - UAE
Sinarmas Energy and Mining - Indonesia
Madhucon Powers Ltd - India
Intertek Mineral Services - Indonesia
Semirara Mining and Power Corporation, Philippines
Makarim & Taira - Indonesia
ICICI Bank Limited - India
Tamil Nadu electricity Board
Meralco Power Generation, Philippines
Malabar Cements Ltd - India
Barasentosa Lestari - Indonesia
Truba Alam Manunggal Engineering.Tbk - Indonesia
Meenaskhi Energy Private Limited - India
Indo Tambangraya Megah - Indonesia
TeaM Sual Corporation - Philippines
Mjunction Services Limited - India
Xindia Steels Limited - India
Sojitz Corporation - Japan
Simpson Spence & Young - Indonesia
Central Java Power - Indonesia
Jorong Barutama Greston.PT - Indonesia
CIMB Investment Bank - Malaysia
Aditya Birla Group - India
Heidelberg Cement - Germany
Coalindo Energy - Indonesia
Gujarat Sidhee Cement - India
Goldman Sachs - Singapore
Bangladesh Power Developement Board
Agrawal Coal Company - India
Bhoruka Overseas - Indonesia
Chettinad Cement Corporation Ltd - India
Marubeni Corporation - India
Siam City Cement PLC, Thailand
Economic Council, Georgia
Alfred C Toepfer International GmbH - Germany
Deloitte Consulting - India
Sakthi Sugars Limited - India
Uttam Galva Steels Limited - India
Borneo Indobara - Indonesia
Thiess Contractors Indonesia
India Bulls Power Limited - India
Straits Asia Resources Limited - Singapore
Iligan Light & Power Inc, Philippines
Commonwealth Bank - Australia
Power Finance Corporation Ltd., India
MS Steel International - UAE
Kaltim Prima Coal - Indonesia
San Jose City I Power Corp, Philippines
Coastal Gujarat Power Limited - India
Toyota Tsusho Corporation, Japan
Georgia Ports Authority, United States
Wood Mackenzie - Singapore
Kalimantan Lumbung Energi - Indonesia
Star Paper Mills Limited - India
Thai Mozambique Logistica
Asia Pacific Energy Resources Ventures Inc, Philippines
Billiton Holdings Pty Ltd - Australia
Semirara Mining Corp, Philippines
PowerSource Philippines DevCo
SMC Global Power, Philippines
Bukit Asam (Persero) Tbk - Indonesia
Directorate General of MIneral and Coal - Indonesia
Metalloyd Limited - United Kingdom
Renaissance Capital - South Africa
SN Aboitiz Power Inc, Philippines
Vedanta Resources Plc - India
Kideco Jaya Agung - Indonesia