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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 $1 billion in financial compensation from Norway as part of efforts to fight climate change. Indonesia ranks third globally in carbon emissions, mostly from deforestation.
The Indonesian Coal Producers Association (APBI) warned on Monday that the moratorium could cut production, even as national coal demand is expected to double over the next five years. Bob Kamandanu, chairman of the group, told Reuters that the country’s new environmental laws were the “biggest issue facing the industry” in Indonesia, the world’s largest exporter of power-station coal.
Similarly, the Indonesian Palm Oil Board (DMSI) said the moratorium could cut the industry’s expansion rate in half over the next decade.
On Tuesday, Didiek Goenadi, a senior official with Investment Coordinating Board (BKPM), said forests and peatlands that hold large carbon reserves can still be preserved while giving planters an option to swap out to degraded land, Reuters reported.
“We can help save forests and achieve our target of 40 million tons of crude palm oil by 2020. It is achievable,” Goenadi said.
The Indonesian Chamber of Commerce and Industry (Kadin) complained on Tuesday that the government did not give the business community advance warning of the moratorium, and said that such unpredictability could hurt the nation’s overall investment climate.
“We just knew about the decision in Oslo from the media. There was no publication at all before it,” said Adi Putra Tahir, Kadin’s acting chairman.
Adi said the chamber did not necessarily oppose the moratorium, and noted potential economic benefits derived the climate change fight. But he questioned the impact on investment, a large part of which goes to developing forested lands for large-scale food crop estates, mining sites and seed oil plantations.
Source: The Jakarta Globe
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Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- The University of Queensland
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- White Energy Company Limited
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
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