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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, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY
After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...
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Showing 5901 to 5905 news of total 6871 |
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- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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