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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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Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
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