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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, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
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- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- The University of Queensland
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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