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Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
 THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining management, conducted by the Audit Board of the Republic of Indonesia (BPK in its Indonesian abbreviation), could only reach hundreds of Mining Authorization (KP in its Indonesian abbreviation) and 20 Coal Contract of Work (PKP2B in its Indonesian abbreviation).
“Nevertheless, there is the chance that we are conducting the next audit for the same theme this semester,” Dwi Sabardiana, the Head of Sub-Auditoriat IV.B.1 BPK, claimed during an interview on 28 April 2009.
He further explained that BPK has scheduled for an audit for coal mining management since 2007.
Subsequently, Herman Widyananda, a staff for BPK in charge of resources management, assigned the auditors under the responsibility of Hadi Prianto as the Tortama IV BPK. Dwi Sabardiana was appointed as field coordinator for a total of 200 auditors working for the investigation on coal mining management.
The field auditing was effective on September 2008, during the fasting month for Moslems. “We have to go to remote mining areas during fasting,” Dwi Sabardiana expressed.
However, due to the lack of data accuracy, especially for those with the status of KP which are mostly located in remote areas, the team could only manage to audit 20 PKP2B and several hundreds of KP.
The audit discovered 86 cases of Intern Control System flaw, 9 cases involving criminal violation, 42 cases of state’s revenue shortfall, 9 cases of unpaid reclamation fund, 56 cases of environmental damages, and another 10 cases, which have a potential to book IDR 2.69 trillion and USD 778.8 million of state’s loss.
“How many KPs are there in Indonesia? Only God knows,” Dwi Sabardiana expressed his frustration on the inaccurate data of coal mines in Indonesia.
He confirmed that the estimation numbers of existing KP is more than 4,000, so there were so many who has not been audited by BPK yet.
Furthermore, the audit took place only in 4 coal producer provinces, i.e. East Kalimantan, Central Kalimantan, South Kalimantan, and South Sumatera.
“If we can reach more KPs, there would certainly be more alleged state’s loss cases to be exposed,” he concluded.
Source: http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1441
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Planning Commission, India
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- The University of Queensland
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- White Energy Company Limited
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
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