COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA


Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.

Therefore, he has urged the government to create a precise map of the reserves and develop a plan that would enable Indonesia to meet its growing demand for power while continuing to be a major coal exporter.

Bob recently sat down with the Jakarta Globe to talk about energy security, the rising demand for electricity and the next boom in coal on Sumatra island.

Can we reduce the aggressive exploitation of coal, one of the dirtiest sources of energy available?

Yes, we can, but coal is still the cheapest resource for power generation. We are aware that coal is the dirtiest but can we get cheaper and cleaner resources now? I don’t think so.

What about new technology such as coal liquefaction?

It’s good but it’s highly expensive. Investors need at least $10 billion and billions of tons of coal within a certain number of years to generate an adequate return.

When can we expect peaks in national coal production and consumption?

Currently, our coal consumption is about 40 million to 50 million tons per year. I think peak consumption will likely be around 150 million tons.

This year we may produce up to 270 million tons, with expected national coal consumption of about 50 million. I see peak production at about 300 million to 325 million, maybe up to 350 million tons a year. That means we could live with our coal for at least 50 to 70 years.

What is the biggest problem coal producers are facing?

We don’t have a clear map of the country’s coal reserves. It would be great if the government could provide comprehensive data regarding the coal reserves and mineable coal. Where is the coal? What’s the quality? If we have the map then we can measure when can we increase our electrification rate, how much coal we need what the calorie rate is.

What does the association want from the government over the next two or three years?

The mapping is the most important thing we need. Second, if we want to boost the country’s revenue the government should not limit the volume of coal production. It’s great that the government has launched the domestic market obligation but the pricing must be done according to an international index price.

If the government sets its own price then nobody wants to sell their coal to the country’s power generators. The payment by local players is also a problem because the coal producers only get paid about 60 to 90 days after they deliver the coal.

What do you think about India and China aggressively seeking Indonesia’s coal? Will it benefit us or hurt our energy security?

It’s good for us because 60 percent of every dollar from coal sold outside the country goes to the government. The energy security should be ensured through the creation of the mapping. Do we want all coal-fired power plants or a combination of geothermal, coal, nuclear and gas? If we get the mapping finished we could focus on what coal we must allocate for domestic use and what we could export.

Meanwhile, India and China are two different animals. India is aggressive, while China is becoming more selective. China is sucking up all the mineral resources it can in order to maintain its economic growth.

India really needs our coal because it needs to chase China’s economic growth. So, India’s appetite is actually bigger than China’s.

India has many new power plants it expects to come onstream in the next several years and it needs a huge amount of coal. I just recently met several Indian buyers and they are keen to take everything we have.

So the big investment in coal will continue this year?

Yes, despite many problems concerning regulations many investors are still coming to Indonesia. They want to collaborate with local players because if they are doing it by themselves they will be manipulated.

Local players also need to tackle social issues and legal uncertainties.

However, they will find it hard to find a big coal concession because it has already been taken by Indonesia’s big players. Can they find any other big concession now? I don’t think so.

Where is the next coal boom? Kalimantan, Sumatra or Papua?

I think Sumatra if the railway infrastructure is constructed. Yes, Papua has it, too, but to tap the island that has so many minerals is not ideal. It has its own minerals like gold and copper. We should not take coal from Papua.
Source:
The Jakarta Globe - By: Janeman Latul



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

Recent News

Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...


Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy A  sluggish  start  to  the  week  in  the  Atlantic  with  little  fresh  busin ...


Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that,  Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...


   1184 1185 1186 1187 1188   
Showing 5926 to 5930 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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