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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, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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Showing 5996 to 6000 news of total 6871 |
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- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
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- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Indonesian Coal Mining Association
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- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
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- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
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- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
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- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
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- Power Finance Corporation Ltd., India
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- Asmin Koalindo Tuhup - Indonesia
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- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
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- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- The University of Queensland
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- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
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- VISA Power Limited - India
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- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
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- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
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- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
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- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
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- Bhoruka Overseas - Indonesia
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- Energy Link Ltd, New Zealand
- White Energy Company Limited
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- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
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- Sojitz Corporation - Japan
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- The Treasury - Australian Government
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- Independent Power Producers Association of India
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- Oldendorff Carriers - Singapore
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- Parliament of New Zealand
- Eastern Energy - Thailand
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- Samtan Co., Ltd - South Korea
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- The State Trading Corporation of India Ltd
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- Parry Sugars Refinery, India
- Deloitte Consulting - India
- PowerSource Philippines DevCo
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- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
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- Port Waratah Coal Services - Australia
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