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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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Saturday, 25 March 23
COAL INDIA HAS STRONG CASE TO INCREASE PRICES, TALKS ON: CMD AGRAWAL - BUSINESS STANDARD
Coal India (CIL) Chairman and Managing Director Pramod Agrawal said on Monday there is a “strong case” for increasing coal prices, and ...
Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
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- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Planning Commission, India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Economic Council, Georgia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
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