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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
.jpg) The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as producers look to take advantage of higher prices, the Indonesian Coal Producers Association said on Monday.
“Coal demand remains bullish this year, mainly from China and India,” said Bob Kamandanu, chairman of the association, known as APBI.
Increased production has mainly been driven by higher coal prices — currently around $104-105 a ton, compared to a $70 a ton average price last year.
However, favorable weather conditions have also played a part with El Nino bringing drier than normal weather, which is more suitable for mining.
APBI said Indonesia produced 59 million tons of coal in January and February, without giving a comparison for the same period last year. It said production may exceed its 320 million ton estimate.
“Actually, the output may reach 380 million tons, but still we have to consider bad weather that may occur in December,” Kamandanu said.
Local demand for coal should be around 60 million tons this year with the remainder destined for export, he said.
Indonesia is the world’s largest exporter of thermal coal, used in power stations, and electricity-hungry China is its biggest market.
Chinese demand for thermal coal will be strong this year due to low rainfall cutting hydroelectric power production and poor transportation links between Chinese coal-producing areas in the northwest and the major power stations in the southeast, said ANZ Bank in a research note on Monday.
Exports from Vietnam are expected to drop, which will result in the Chinese importing more coal from Indonesia and Australia, the note said.
Indonesia’s major coal producers are all forecast to produce more coal this year, APBI said.
PT Adaro Energy and PT Kaltim Prima Coal should each produce an extra four million tons, PT Berau Coal an extra three million tons and PT Arutmin Indonesia an extra two million tons, the association said
Meanwhile, the government is predicting coal output of 250 million tons this year. The reason for the discrepancy with the APBI estimate is that government figures do not include production from small-scale and illegal coal miners.
According to government figures, Indonesia produced 254 million tons in 2009.
“We won’t include the output from small concessions as there is no guarantee of their output,” said Bambang Gatot Ariyono, director of coal and minerals at the Energy Ministry.
Source: The Jakarta Globe (By-Reva Sasistiya & Bloomberg)
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Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
Thursday, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
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- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
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