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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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Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
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- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
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