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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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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
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- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Central Electricity Authority - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
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