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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targeted this year’s coal production to between 340 million and 360 million tons said,the Indonesian coal mining association.
“If between October and December, rainfall is high, total production may be around 340 million. But if everything goes well, production may reach to 370 million tons,” chairman of ICMA Bob Kamandanu told reporters on the sidelines of the Indonesian Mining Conference & Exhibition 2011 in Jakarta.
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. DMO requires coal producers to sell a part of their production to local buyers.
According to the Energy and Mineral Resources Ministry, domestic coal needs in 2012 would be reached to 82.07 million tons, comprising 63.84 million tons for coal-fired power plants, 12.23 million tons for cement, fertilizer, pulp and textile industries.
Out of the 63.84 million tons of coal allocated for generating electricity, 57.20 million tons is allocated to state electricity company, 10.76 million tons to IPPs, 0.83 million tons to PT Freeport Indonesia, 0.54 million tons for PT Newmont Nusa Tenggara and 0.19 million tons for PT Pusaka Jaya Palu Power.
To date, only 63 coal mining companies are obliged to comply with the DMO.Out of the 63 coal companies, 40 companies are holders of CCoW and 22 companies are IUP OP holders.
According to Energy and Mineral Resources Ministry In 2012, total 63 coal mining companies will be obliged to sell 82.07 million tons of coal or 24.72 percent of total estimated Indonesain coal production (government estimation was 332 million tons) to domestic users under the DMO ruling.
In 2012, the Indonesian government set the production target at 332 million tons, while the ICMA forecasted that the out put of coal may hit 380 million tons, which is 14.45 percent higher than government's estimation.
Indonesia governemnt may officially apply a ban on low-grade coal exports by 2014. To anticipate the regulation, ICMA revealed that two coal upgrade facilities are ready to be installed in South Kalimantan and South Sumatra in 2012 and 2014, respectively, as quoted by media. However, no further details given on either upgrading technology that to be used,the total investment or capacity of upgrading facilities.
"If the regulation is implemented, then the impact will be tremendous, because there are 150 million tons of coal low calorific value coal (below 5700 gad coal) that cannot be exported," Chirman of ICMA said earlier. Hence if the coal below 5700 calorific value on ADB basis banned for export, then the coal upgrading facilities to be installed must have the capacity to upgrade higher volume of coal yearly.
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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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- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- MS Steel International - UAE
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
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