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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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Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
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- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
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