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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
 The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, global coal demand will increase at a rate of 600,000 tons per day, mostly driven by a surging power generation in emerging economies.
The agency says the rapid growth is a reminder of the challenges in making the global energy system more sustainable and environmentally friendly.
Responding to the prediction, the government of Indonesia, the largest exporter of thermal coal in the world, revealed that it would not boost production to catch up with the growing demand, saying that conservation and environmental protection were more important priorities for the country.
“We’re not proud of being one of the largest coal exporters and we want to maintain the balance for the sake of our future,” said Thamrin Sihite, the director general for minerals and coal at the Energy and Mineral Resources Ministry, in Jakarta on Wednesday.
He continued that the government would not in the near future be issuing explicit limitations on coal production; but it would, however, be aiming to control production activities from mining companies’ expenditure plans (RKB). The government might reject production plans that are too excessive, he added.
In 2012, the government is aiming for a production target of 332 million tons, while the Indonesian Coal Mining Association (APBI) calculates that the volume could reach up to 380 million tons after taking into account output in 2011, which is estimated to reach 360 million tons by the end of this year.
The APBI shares the same opinion as the government: that an increasing global demand for coal does not force Indonesia to ramp up production, as there are 70 other countries in the world that also have coal reserves.
“Most of the countries can’t expand their production due to problems in infrastructure; particularly countries like Mozambique, Angola and the former Soviet Union countries,” Supriatna Suhala, executive director of the APBI, told The Jakarta Post.
If Indonesia limited its exports, coal prices would rise and make expansion of production in those countries economical, he explained. Now, the price of coal was affordable due to exports from countries whose coal reserves were close to coastal areas, like Indonesia, he said.
“But, it’s up to the government whether we want to halt a production increase for conservation or boost exports to seek revenue. As long as there is no prohibition, mining companies will continue to expand their production,” Supriatna emphasized.
Source: The Jakarta Post
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Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
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- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Australian Coal Association
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
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