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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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Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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Showing 5826 to 5830 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- VISA Power Limited - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- GMR Energy Limited - India
- White Energy Company Limited
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
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