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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
 Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured, the head of the project’s coordinating team, Yoga Pratomo, said on Sunday, with domestic coal suppliers guaranteeing 95 percent of needs.
“Only 5 percent is still in the tender process and it will be finished soon,” he said during a media tour of the Labuan steam power plant, one of the plants in the fast-track program.
The program aims to increase the country’s electricity-generating capacity by 10,000Mw. Capacity is now well below demand, resulting in frequent rolling blackouts across the country.
Yoga said the supply contracts would last for 20 years.
He said the program, which is projected to be completed by 2013, required at least 30 million tons of coal a year.
The required coal was low in calories and cost $ 40 to 55 a ton.
“With such relatively low-priced coals, the cost of electricity production can be cheap,” Yoga said.
“I predict when the entire 10,000Mw fast-track program is finished there will be a saving of Rp 100 billion ($ 11.1 million) per day, or Rp 35 trillion per year, in electricity usage.”
Yoga said 50 percent of the coal supply needed for the project, or 15 million tons a year, would be supplied by local miner Arutmin, with the rest being supplied by Bara Mutiara Prima, Titan Mining Indonesia and Hanson Energi.
“So all of the coal needed for the project will be from domestic suppliers,” he added.
Yoga said that by the end of this year, 2,000Mw more power will be provided, with a further 4,300Mw coming on stream next year.
Last November the government asked domestic coal producers to set aside 30 percent of their output for 2010 for the fast- track program.
The Energy Ministry predicted that domestic demand for coal this year would be 65 million tons, of which 85 percent would be needed to run power plants throughout the country.
The government is limiting coal exports to 150 million tons this year to ensure supply during the upgrade.
The ministry predicted that production for this year would total 230 million tons.
Source: Antara / The Jakarta Globe
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Friday, 23 May 14
U.S. WEEKLY COAL PRODUCTION SLIPS 1.8% WEEK ENDED MAY 17, 2014
COALspot.com – United States the world's second largest coal producer, produced approximately 18.6 million short tons (mmst) of coal in a ...
Friday, 23 May 14
DRY BULK NEWBUILDING CANCELLATIONS COULD HELP SUPPORT MARKET IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's demise over the past few months maybe has come as a surprise to many, but analysts and shipbrokers are looking forward to ...
Thursday, 22 May 14
HEAR SUCCESSFUL CASE STUDIES FROM 10 INDEPENDENT UNCONVENTIONAL GAS OPERATORS
Unconventional Gas Asia 2014 will provide a unique opportunity for Asia’s unconventional gas leaders to share their experience and expertise ...
Thursday, 22 May 14
CNPC-GAZPROM DEAL A MEDIUM - TERM POSITIVE FOR CHINA'S GAS SECTOR
Fitch Ratings says a 30-year deal in which Russia's OAO Gazprom (BBB/Negative) will supply gas to China National Petroleum Corporation (CNPC; A ...
Thursday, 22 May 14
CAPESIZE : RATES ARE STILL UNDER PRESSURE
Handy
A quiet start into the week in Far East, some fresh Indonesian coal order in the market. For trips within S.E. Asia, Supras are trading aro ...
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- Electricity Generating Authority of Thailand
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- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
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- Chettinad Cement Corporation Ltd - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
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- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
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- Trasteel International SA, Italy
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- SMG Consultants - Indonesia
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- Coal and Oil Company - UAE
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- Global Coal Blending Company Limited - Australia
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- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
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- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
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- Kalimantan Lumbung Energi - Indonesia
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- South Luzon Thermal Energy Corporation
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- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
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- Kobexindo Tractors - Indoneisa
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- The Treasury - Australian Government
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- Bulk Trading Sa - Switzerland
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- New Zealand Coal & Carbon
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- Planning Commission, India
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- GN Power Mariveles Coal Plant, Philippines
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- Latin American Coal - Colombia
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- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
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- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Commonwealth Bank - Australia
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- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
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- Dalmia Cement Bharat India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- The University of Queensland
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
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- White Energy Company Limited
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- Chamber of Mines of South Africa
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- Eastern Energy - Thailand
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