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Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
 The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the development of the nation’s industries and power infrastructure would not be threatened by the moratorium on deforestation announced during the president’s visit to Oslo last week.
Meanwhile, businesses complained about the moratorium, saying there were not consulted or even informed, and warned of falling coal and palm oil output, as well as the effect on the investment climate.
Agus Purnomo, head of the National Climate Change Council, clarified how the government would treat companies with existing permits to develop natural forests and peatlands after worrying businesses on Monday with comments that some of the licenses would be revoked.
On Tuesday, he explained that license holders who had already initiated work on their concessions could continue, while those who did not must relocate but would be compensated with permits for other sites.
“Our goal is to save the remaining primary natural forests and peatlands, not to make life difficult for everyone,” Agus said.
He added that the government would provide additional information to permit holders regarding their concessions within the next six months.
Meanwhile, Coordinating Minister for the Economy Hatta Rajasa said construction of new power plants and other small-scale developments would continue despite the moratorium.
“Sectors that only require small-scale land will still be allowed to continue operating, such as sectors related to infrastructure, meaning power plants,” Hatta said.
He also responded to concerns that the moratorium would threaten plans to secure the nation’s food supply through agro-development, including the massive food estate planned for Merauke, Papua.
“The new scheme will not affect our food and commodity supply because it will only cover primary forests, and there are about seven million hectares of land outside of these forests that can be used for fulfilling our requirements,” he said.
President Susilo Bambang Yudhoyono last week agreed to a two-year moratorium on the clearing of natural forests in exchange for $1 billion in financial compensation from Norway as part of efforts to fight climate change. Indonesia ranks third globally in carbon emissions, mostly from deforestation.
The Indonesian Coal Producers Association (APBI) warned on Monday that the moratorium could cut production, even as national coal demand is expected to double over the next five years. Bob Kamandanu, chairman of the group, told Reuters that the country’s new environmental laws were the “biggest issue facing the industry” in Indonesia, the world’s largest exporter of power-station coal.
Similarly, the Indonesian Palm Oil Board (DMSI) said the moratorium could cut the industry’s expansion rate in half over the next decade.
On Tuesday, Didiek Goenadi, a senior official with Investment Coordinating Board (BKPM), said forests and peatlands that hold large carbon reserves can still be preserved while giving planters an option to swap out to degraded land, Reuters reported.
“We can help save forests and achieve our target of 40 million tons of crude palm oil by 2020. It is achievable,” Goenadi said.
The Indonesian Chamber of Commerce and Industry (Kadin) complained on Tuesday that the government did not give the business community advance warning of the moratorium, and said that such unpredictability could hurt the nation’s overall investment climate.
“We just knew about the decision in Oslo from the media. There was no publication at all before it,” said Adi Putra Tahir, Kadin’s acting chairman.
Adi said the chamber did not necessarily oppose the moratorium, and noted potential economic benefits derived the climate change fight. But he questioned the impact on investment, a large part of which goes to developing forested lands for large-scale food crop estates, mining sites and seed oil plantations.
Source: The Jakarta Globe
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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
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 produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
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- PTC India Limited - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
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