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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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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
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- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Parliament of New Zealand
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
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