We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal to meet power demands, a top executive said.
“We are in a dilemma now. The increasing price of coal is a real problem,” PLN chairman Dahlan Iskan said on Thursday.
High coal prices, he said, will in turn force the company to bear high operating costs.
Prices at Australia’s Newcastle port, a benchmark for Asia, rose 8 percent to $129.9 per metric ton as of Jan. 7, up from $119.47 per metric ton in December. The price of 6,322 cal/kg coal is $112.4 per metric ton, up from $103.4 per metric ton in December .
PLN has contracts with 53 suppliers to secure 55.8 million tons of coal to fuel its power plants, but Dahlan said it is at a crossroads with the rising prices.
Nur Pamudji, PLN’s director of primary energy, said it would demand producers honor the coal price stated in an Energy Ministry decree.
“The decree says that the price of coal in 2011 depends on 2010’s fourth-quarter average,” Nur said.
The average price in December was $103.4 per metric ton, but the Indonesian Coal Mining Association (APBI) said coal companies had no choice but to increase their prices.
“International coal prices keep increasing, so we have to sell according to global prices,” said the APBI’s executive director, Supriatna Suhala.
Harsh winter weather and floods in Australia caused coal prices to rise, Supriatna said, adding that prices could reach $120 per metric ton this year.
Fabby Tumiwa, an energy analyst from the Institute of Essential Services Reform, said PLN should recalculate its operational costs “because the assumptions are totally different from the state budget.”
PLN must raise electricity prices and demand more subsidies from the government, he said.
It will receive Rp 41.2 trillion ($4.6 billion) in electricity subsidies this year, down from Rp 55.1 trillion in 2010. “I think the government has to support PLN to keep it alive,” he said.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a re ...
Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
|
|
|
Showing 5391 to 5395 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
|
| |
| |
|