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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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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- The University of Queensland
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
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