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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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Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
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- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Central Electricity Authority - India
- The University of Queensland
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
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- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
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