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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...
Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...
Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015.
In a ...
Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...
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- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
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- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
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- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
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- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
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- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
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- Bukit Baiduri Energy - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- The University of Queensland
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
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