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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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- PowerSource Philippines DevCo
- VISA Power Limited - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- White Energy Company Limited
- Central Electricity Authority - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Australian Coal Association
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- The University of Queensland
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
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