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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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Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
Press Release - Botswana Coal and Energy Conference 2011 | 29-30 November 2011 | Gaborone. Botswana represents Africa’s exciting new coal and ...
Thursday, 15 September 11
DRY BULK MARKET EDGING FURTHER UP THE SCALE, CLOSING IN ON 2,000 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was up once again yesterday, reaching 1,927 points, or 1.375 higher on the day. Thus, it has kept its rising trend established d ...
Wednesday, 14 September 11
INDO STRAITS BAGS 2.4 MILLION TON COAL TRANSPORTATION CONTRACT FROM ARUTMIN
COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship about 2.40 million tons of coal over an initial period of 6 months fro ...
Wednesday, 14 September 11
DUTA PERTIWI DISCOVERS COAL RESERVE - INSIDER STORIES
Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...
Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...
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- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Australian Coal Association
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Chamber of Mines of South Africa
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