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Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.
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Quality ( Typical)
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2010
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2011
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2012
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2013
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2014
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4,200 Kcal/kg (arb)
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8.20
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25.80
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32.20
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35.4
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44.30
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5,100 Kcal/kg (arb)
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27.70
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28.70
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36.90
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43.20
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42.10
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6,100 Kcal/kg (arb)
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4.90
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4.90
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8.90
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8.90
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8.90
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Total
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40.80
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59.40
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77.00
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87.50
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95.30
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(In million tons)
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The Indonesian domestic coal Requirements will be expected to increase drastically once all the planned power plants commence operation as per schedule. The required coal fuel may not a problem for PLN as DMO was guaranteeing the supply of coal to PLN from mining company by Minister Regulation 34/2009.
The Mining Law 04/2009 provides that the DMO should be set by Government Regulation. The Minister of Energy and mineral resources had already issued PerMen 34/2009 on this matter and followed by government regulation issued in March 2010 provides the legal basis for the Ministerial Regulation.
As per PerMen34, mining companies must comply with the domestic market obligation (DMO) by selling coal to domestic consumers.
Domestic users must submit their forecasted requirements of coal by no later than March of the preceding year. The Minister reviews and calculates the domestic requirements and then, issue a decree on the minimum DMO percentage by no later than June of the preceding year
There are provisions for a minimum floor price for DMO sales, which will be subject to Ministerial Regulation.
Mining companies are allowed to export coal once they meet the domestic Market obligations.
According to forecasted domestic requirement and production of coal, around 25-30 percent of coal produced by Indonesian miners may be allocated to the domestic market and remaining quantity to be allowed for the export Market.
Indonesian mining association is forecasting around 320 million tons of coal will be produced in 2010.
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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
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Showing 5781 to 5785 news of total 6871 |
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- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
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- Parliament of New Zealand
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
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- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
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- Commonwealth Bank - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- The University of Queensland
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
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- Orica Australia Pty. Ltd.
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- Karbindo Abesyapradhi - Indoneisa
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- Indian Energy Exchange, India
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- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Planning Commission, India
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- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
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- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
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- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
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- Global Green Power PLC Corporation, Philippines
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- PowerSource Philippines DevCo
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