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Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations.
The country is planning to produce 332 million tons of coal in 2012, according to the ministerial decree signed on 25 August 2011.
Minister of Energy and Mineral Resources Darwin Saleh has signed Domestic market obligation decree (1991 K/30/MEM/2011) for 2012, on 25 August 2011.
According to the decree, 63 coal mining companies have requested to fulfil domestic market obligation (DMO) for 2012. PT. Kalitim Prima coal, the country's largest coal producer is requested to allocate 12.689 million tons of coal and PT. Adaro Indonesia to allocate 11.741 million tons for the domestic market.
PT Kideco Jaya Agung will allocate 8.03 million tons, PT Berau Coal (5.52 million tons), PT Indominco Mandiri (3.46 million tons), and PT Tambang Batubara Bukit Asam Tbk (3.21 million tones).
The majority of coal allocations are from CCoW holders (67.048 million tons), 3.213 million tons from state owned coal miner PT. Bukit Asam and remaining from IUP holders.
40 CCoW holders are to allocate 67.048 million ton of coal and 22 IUP OP holders are requested to allocate 11.80 million tons for domestic market.
As usual, state owned electricity company will be the largest coal consumer in 2012, and it may consume 52.20 million tons of coal or 69.70 percent of total DMO allocation for 2012.
The lowest calorific value is expected to supply was 4000 kcal/kg on as received basis. Textile industry has been allocated higher GCV coal such 6500 kcal/kg on arb basis and PT. Antam will consume 190,000 mt of coal with GCV 6600 kcal/kg on arb basis.
Indonesian cement industry is expected to burn 8.40 million tons coal with energy value 4100 - 6300 kcal/kg coal on arb basis.
Under Indonesian new mining law the domestic market obligation is must and the selected producers are requested to allocate coal as per government decree for the domestic market prior to conclude any deals for the export market.
The implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal Reference price (ICRP) is aimed at securing continued domestic coal supply and optimization of state's revenue. The implementation of DMO and ICRP refers to Presidential Decree No.5/2006 on National Energy Policies which states that by 2025, coal shall contribute to 35% towards the national energy mix. This is also regulated in Law No.3/2007 on Energy and Law No.4/2009 on Mineral and Coal Mining.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...
Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
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- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- The University of Queensland
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
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