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Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
 The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after lower-than-expected production in the first quarter, an association said Friday.
Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu said coal production in the first quarter of 2011 was 89 million tons, roughly the same as in the same period in 2010. He said this lower-than-expected result was due to bad weather.
“Actually we set a target to produce between 95 million and 96 million tons in the first quarter,” Bob said on the sidelines of a ceremony appointing three high ranking officials at the Energy and Mineral Resources Ministry.
Kamandanu said Indonesia had used 16 percent of the coal produced in the first quarter this year to fulfill domestic needs, and exported the rest at a price of US$140 per ton.
Indonesia, the world’s largest thermal coal exporter, produced 275 million tons of coal in 2010 and targets to increase production to 340 million tons in 2011, of which 20 percent will be allocated to fulfill domestic needs.
Separately, Energy and Mineral Resources Minister Darwin Zahedy Saleh said that Indonesia’s coal reserves would last another 80 years.
“We have 21.13 billion tons of coal reserves, which would last for about 80 years with a production rate of 275 million tons per year from mining,” he said.
He challenged the newly installed officials to accelerate the development of coal infrastructure.
The newly installed director general of minerals and coal, Thamrin Sihite, told reporters after the ceremony that the ministry had been inventorying 5,000 mining licenses (IUP), including those of coal producers, to identify overlapping licenses that had been issued by provincial and regional administrations.
“Some of the licenses are already registered. We inventoried licenses from Sumatra on Tuesday, Kalimantan on Wednesday, and Papua yesterday [Thursday],” he added.
When asked about how many licenses had been inventoried in total this week, Thamrin said he could not reveal the number because the process was not finished.
“We will inform you later as we finish inventorying licenses from other regions,” he said.
He said many of the overlapping licenses were found in Kalimantan.
Other officials appointed on Friday were Mochamad Teguh Pramuji as head of the ministry’s training center, replacing Thamrin, and Ronggo Kuncahyo as an expert staff on communication and society, replacing Teguh. (msa)
Source: The Jakarta Post
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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- The University of Queensland
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Planning Commission, India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
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