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.
|
|
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
|
|
|
Showing 5461 to 5465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Planning Commission, India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
|
| |
| |
|
