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Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
 Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram starting in 2014, an energy ministry official said.
Coal companies in Indonesia, the world’s largest exporter of the fuel after Australia, will be required to upgrade the heating value of so-called low-rank coal if they want to ship it overseas, allowing them to charge a higher price, said Witoro Soelarno, secretary to the director general of coal and minerals at the Ministry of Energy and Mineral Resources.
“We will release regulations later this year aimed at increasing the value added of our coal exports,” Soelarno told reporters in Jakarta today. “We have met with the coal mining association and they have agreed to the plan.”
The policy may help Indonesia, Southeast Asia’s biggest economy, boost export revenue and reach President Susilo Bambang Yudhoyono’s growth target of 6.6 percent on average through the remainder of his term ending in 2014. The country is targeting a 12 percent increase in this year’s exports to $168 billion, said Coordinating Minister for Economy Hatta Rajasa on Jan. 3.
The price of coal for sale this month with energy grades below 5,600 kilocalories a kilogram was set from $56.64 to $85.08 a metric ton, according to the energy ministry. That’s compared with a benchmark of $112.40 a ton for coal with calorific value of 6,322 kilocalories a kilogram.
Power Plants
The ban would also help state-owned utility company PT Perusahaan Listrik Negara secure supplies of the coal, which will account for about 32 percent of this year’s consumption of 50 million metric tons, said the company’s Primary Energy Director Nur Pamudji.
“We will need more low-rank coal when the additional 10,000 megawatts of power generators are completed in 2014,” Pamudji said by telephone from Jakarta.
The government plans to add about 10,000 megawatts of generation capacity through 2014 after a program to add 10,000 megawatts is completed in 2012.
Listrik Negara may more than double its coal demand to 95.3 million tons in 2015 from about 40.8 million tons last year as Indonesia increases its coal-fired power plant capacity to at least 19,167 megawatts, Pamudji said in May.
Source: Bloomberg
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Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
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- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
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