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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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Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...
Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct t ...
Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...
Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...
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- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Australian Coal Association
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
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