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Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
 The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining projects, a business association says, as reported by The Jakarta Post.
“The development of new mining projects might be delayed due to the moratorium. Mining projects such as BHP’s project in Maruwai could be affected,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (ICMA), told reporters Wednesday.
BHP Billiton, the world’s largest mining company, and local partner PT Adaro Energy are developing the Maruwai coal project in East and Central Kalimantan and waiting for forest land-use permits from the government. BHP said their concession held 774 million tons of undeveloped metallurgical and thermal coal.
Supriatna added that the moratorium might also affect the existing companies who need to expand their concessions. “There are some companies whose forest land-use permits will expire within two years. They may have to stop operating,” he added.
The moratorium was still under discussion and the association had submitted their views to the Forestry Ministry, Supriatna added.
In late May, the government signed an agreement with Norway to implement a two-year moratorium on forest conversions to reduce carbon emissions.
In exchange, Indonesia will receive a US$1 billion grant to reduce deforestation.
The government is preparing a presidential decree to implement the agreement.
Indonesia Mining Association (IMA) executive director Priyo Pribadi Soemarno said he was more concerned about the draft presidential decree draft than the agreement with Norway .
“The agreement only says the moratorium is aimed at reducing emission by halting forest use permits for natural forests and peat forests. We fully support this as most mining operations in Indonesia are outside natural forests and peatlands,” Priyo said.
He added that the draft raised more concerns as there was an article stating that the government would review previously-granted concessions.
“This reflects an effort to withdraw what has been given and this will have a bad effect on investment,” Priyo said.
Even without the moratorium, many mining projects, such as the $500 million zinc and black tin project by Dairy Prima and the Elang copper project by PT Newmont Nusa Tenggara, have been in limbo for years due to permit problems, he said.
Both projects are stuck because the permits have not been granted yet by the government.
Priyo said that eight projects were in a similar situation.
“Around $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- PTC India Limited - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
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