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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, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...
Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...
Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 point ...
Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...
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 targete ...
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- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
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