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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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Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
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- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
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- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
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- Coal and Oil Company - UAE
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- White Energy Company Limited
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- Bharathi Cement Corporation - India
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- Meenaskhi Energy Private Limited - India
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- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Parliament of New Zealand
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
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