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Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
 Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would be needed to give authorities time to settle the growing conflicts resulting from overlapping permits, reports The Jakarta Post.
Speaking with Jakarta post reporter Rangga D. Fadillah,the Indonesian Coal Mining Association (APBI) said, association fully supported the government’s plan, since overlapping permit conflicts had been a problem for coal mining businesses operating in Indonesia.
“This is a very good move,” he added.
The number of mining permits issued has increased sharply since the passing of the new mining law in 2009, which empowers local administrations to issue mining permits in their areas.
Since the implementation of the law, the number of mining permits increased to 10,245 as of August, last year, up from 597 permits in 2000, according to government data.
One result of the significant increase in the number of new permits being issued was that many mining permits overlapped one another since they were issued without following a standard mapping system or the procedures that had been laid out by the central government, he said over the phone on Tuesday.
Supriatna said that regional governments also granted many mining concessions without following regulations such as obliging the permit holders to conduct environmental impact analyses (Amdal) and submit explorations.
“Many of those governments didn’t know what to do. They didn’t understand the procedures,” he added.
“Due to these problems, even permits for state-owned coal producer PT Bukit Asam were given to other companies. That’s why verification and permit audits are necessary.”
The newly appointed director general for mineral and coal, Thamrin Sihite, had previously reported that most of the permit overlaps were in Kalimantan.
He pledged that the government would take all necessary measures to solve the problem.
The paper further reported that, coordinating Minister for the Economy Hatta Rajasa said on Monday that the government had temporarily stopped issuing new mining permits and extending the existing ones to settle growing conflicts between mining companies over the overlapping mining territories in the country, Kontan reported on Tuesday.
Hatta added that the moratorium on new mining permits would be lifted only after the mine overlaps were settled.
During the moratorium, the government would audit and verify the thousands of mining permits issued by provincial and regental governments to ensure that there would not be any overlap, he said.
Hatta added that the central government would form a team to be led by the Energy and Mineral Resources Ministry and the Domestic Affairs Ministry to audit mining permits across the country.
Finance Minister Agus Martowardojo said that the verification process was needed not only to settle problems caused by overlapping mining areas but also to ensure that all permit holders followed regulations and did not destroy the environment.
The growing conflicts resulting from the overlapping mining areas have discouraged foreign investors, who are now crucial for boosting mining operations.
The Energy and Mineral Resources Ministry said it expected investment in the mineral and coal mining sector to reach US$3.2 billion this year, a slight increase from last year’s $3.18 billion.
Source: The Jakarta Post
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Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
...
Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...
Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics
This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...
Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...
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Showing 111 to 115 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
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