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Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
 The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complaints about the length of contracts.
Speaking to reporters after meeting investors on Wednesday, Darwin said miners such as France’s Eramet were worried about the future of their projects because the law limits exploration licenses to eight years and production contracts to 20.
“Eramet wants licenses to last 50 years,” Darwin said.
“The concern was not only from Eramet but also from others investors, both national and foreign,” he added.
Darwin said the ministry would send a request to the House of Representatives this month asking that the law be amended to increase contract durations, but he offered no further details.
Bambang Setiawan, director general of coal, mineral and geothermal energy at the ministry, said on Wednesday that the mining law and its implementing regulations had done little to reassure companies operating here.
“This has created confusion for the investors,” he said.
He added that another cause of concern was the law’s domestic market obligations requiring mining companies to set aside a portion of their output to meet local demand, as well as the requirement for foreign investors to have a local partner.
The Energy Ministry has set a target for investment in the sector to increase by 56 percent from $18 billion in 2009 to $28 billion this year, including $2.5 billion in the mining sector.
The country has been struggling to secure investment to accelerate economic growth to between 6 percent and 7 percent a year. The tangle of laws and regulations has left many potential investors sitting on the sideline. The economy this year is expected to grow by about 5.5 percent.
Source: The Jakarta Globe ( By: Reva Sasistiya)
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Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
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Showing 5911 to 5915 news of total 6871 |
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- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
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