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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, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
Friday, 08 May 09
B.C.'S MINING INDUSTRY HIGH COAL PRICES TO RECORD 2008 PROFITS - PAGUNTAKA
AGGREGATE pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
B.C.’s minin ...
Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $6 ...
Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine mo ...
Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
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- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
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