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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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Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
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- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
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- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
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- Power Finance Corporation Ltd., India
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- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
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- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- PTC India Limited - India
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