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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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Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Planning Commission, India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- The University of Queensland
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
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