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Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
 Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks of coal that firms are obliged to set aside for domestic use, the energy minister said on Friday.
The agency is intended to help secure sufficient supplies for local users and strengthen existing regulations.
All coal producers in Indonesia are required to supply coal to the domestic market under their contract of works, but some avoid having to do so because the quality of coal they produce is unsuitable for the local market. So they sell that coal, which is usually of a high calorific value, to overseas buyers instead.
The new trading agency would collect coal from all producers and help to sell any coal that is unsuitable for domestic use, Minister Purnomo Yusgiantoro said in an interview.
"Some coal quality may not fit...specifications of domestic users and you have to blend the coal to meet the specification," Yusgiantoro said.
"So what can you do? Send it to the agency and then it is up to them to sell it," he said, adding the agency could be set up as a state-owned enterprise.
The government is in the process of drafting new government regulations on domestic supply obligations.
The energy ministry has said that the government would fix the minimum amount of coal that producers must supply to the domestic market every year based on estimated demand from the state power firm and local coal users such as cement firms.
Indonesia is expected to consume 68.3 million tonnes of coal in 2009, or about 30 percent of output, up from 46 million tonnes last year.
The requirement will apply to all coal producers, both producers that hold contracts of work -- including Bumi Resources Tbk and Adaro Energy, the country's two biggest producers -- as well as small producers that have a different mining licence.
Yusgiantoro said that companies would not be forced to adjust long-term coal contracts under a new pricing policy.
"They have signed the contract. If they agree (to change it), it's fine with us. But if not, we cannot ask them to change it," he said. "We have to respect the contract. I think with this system we can have more revenue."
Jakarta has said it planned to introduce a new benchmark index to reset prices and squeeze more from royalties linked to coal sales as it wants to include coal revenue in the state budget along with oil and gas.
But the plan has raised concern among producers who have signed long-term contracts with buyers.
In December last year, Adaro declared force majeure on coal deliveries to three customers after failing to reach a new price agreement stipulated under government rules.
The new price index will combine the Indonesian Coal-price Index (ICI) managed in partnership with London-based Argus Media Ltd, international coal price indexes, and average prices in spot trade in previous months.
Prices for long-term contracts would be based on the average price of the index over three months and adjusted annually, said Bambang Setiawan, director general of mineral, coal and geothermal at the ministry, in a separate interview on Friday.
"So producers can have long-term trade, say for five years. But the prices would still have to be adjusted every year," Setiawan said.
Indonesia expects coal production to reach 230 million tonnes this year, unchanged from last year. Australian thermal coal prices, a benchmark for Asia, have fallen from a record of $201 a tonne in July last year to $66.62 a tonne late on Thursday.
Source:http://news.alibaba.com/article/detail/energy/100110567-1-interview-update-1-indonesia-plans-%2522clearing-house%2522.html
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Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct t ...
Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...
Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...
Wednesday, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...
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- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- White Energy Company Limited
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- The University of Queensland
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
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