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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, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...
Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...
Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to pro ...
Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...
Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
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- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Deloitte Consulting - India
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