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Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors turn to Indonesia to capitalize on possible increases in global commodities, an Energy Ministry official said.
A looming increase in global demand for commodities will lure investors, said Bambang Setiawan, director general of mineral, coal and geothermal at the Energy Ministry.
“We are targeting moderate investment in the mining sector this year, at $3.2 billion, slightly higher than last year’s $3.18 billion,” Bambang said on Friday.
Priyo Pribadi, the head of the Indonesian Mining Association, forecast an even more bullish future for the sector, projecting as much as $8 billion in investment.
“I have documented thousands of investments this year,” he said.
Bambang said almost all production of commodities is expected to increase this year.
Tin production is forecast to increase sharply to 95,000 tons this year from 54,646 tons last year, he said.
Coal production is forecast to surge 27 percent to 375 million tons this year from 275 million tons last year.
Bambang also said coal prices would remain high. Recent floods that struck Australia are expected to boost coal prices.
Harvests of several commodities in Indonesia, especially palm oil and rubber, were damaged by the La Nina weather phenomenon, which caused heavy downpours throughout the dry season and reduced supplies, contributing to higher prices.
Data from the Energy Ministry showed the coal price in 6,322 cal/kg is $112.4 per ton, higher than than December’s price of $103.4 per ton.
Analysts claim that uncertainty over regulations will hamper mining investment, and Bambang admitted that land acquisition and environmental rules remain a problem.
The Jakarta Globe reported last month that total investment in the oil and gas industry was estimated to increase 58 percent to $18.9 billion this year from $11.95 billion last year.
Oil production is forecast to reach 955,000 barrels per day this year, lower than the government’s target of 965,000 bpd in 2010.
Source: The Jakarta Globe
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Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
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- Sical Logistics Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Planning Commission, India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
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