COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


Thursday, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Australian Coal Association
  • Ministry of Transport, Egypt
  • Intertek Mineral Services - Indonesia
  • The State Trading Corporation of India Ltd
  • Permata Bank - Indonesia
  • Thai Mozambique Logistica
  • Meralco Power Generation, Philippines
  • Global Coal Blending Company Limited - Australia
  • Latin American Coal - Colombia
  • ANZ Bank - Australia
  • Medco Energi Mining Internasional
  • Maybank - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Total Coal South Africa
  • CCIC - Indonesia
  • Ministry of Finance - Indonesia
  • Ince & co LLP
  • SASOL - South Africa
  • Arch Coal - USA
  • PLN Batubara - Indonesia
  • CNBM International Corporation - China
  • Deutsche Bank - India
  • Tamil Nadu electricity Board
  • Tanito Harum - Indonesia
  • Africa Commodities Group - South Africa
  • Leighton Contractors Pty Ltd - Australia
  • Mitsui
  • Adaro Indonesia
  • J M Baxi & Co - India
  • Geoservices-GeoAssay Lab
  • globalCOAL - UK
  • Central Electricity Authority - India
  • Bank of China, Malaysia
  • GB Group - China
  • Attock Cement Pakistan Limited
  • Kartika Selabumi Mining - Indonesia
  • Wilmar Investment Holdings
  • ASAPP Information Group - India
  • Directorate Of Revenue Intelligence - India
  • Asmin Koalindo Tuhup - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Heidelberg Cement - Germany
  • Cigading International Bulk Terminal - Indonesia
  • Power Finance Corporation Ltd., India
  • Siam City Cement - Thailand
  • Orica Mining Services - Indonesia
  • Platou - Singapore
  • ICICI Bank Limited - India
  • Uttam Galva Steels Limited - India
  • KOWEPO - South Korea
  • KEPCO - South Korea
  • Semirara Mining Corp, Philippines
  • Parry Sugars Refinery, India
  • Xstrata Coal
  • Panama Canal Authority
  • IMC Shipping - Singapore
  • Energy Development Corp, Philippines
  • Xindia Steels Limited - India
  • Tata Chemicals Ltd - India
  • McConnell Dowell - Australia
  • UBS Singapore
  • Rio Tinto Coal - Australia
  • Merrill Lynch Bank
  • LBH Netherlands Bv - Netherlands
  • Australian Commodity Traders Exchange
  • McKinsey & Co - India
  • Inco-Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Energy Link Ltd, New Zealand
  • Eastern Energy - Thailand
  • Goldman Sachs - Singapore
  • Altura Mining Limited, Indonesia
  • Kobexindo Tractors - Indoneisa
  • DBS Bank - Singapore
  • Petron Corporation, Philippines
  • Freeport Indonesia
  • Edison Trading Spa - Italy
  • Singapore Mercantile Exchange
  • San Jose City I Power Corp, Philippines
  • Indo Tambangraya Megah - Indonesia
  • Georgia Ports Authority, United States
  • RBS Sempra - UK
  • Samsung - South Korea
  • Alfred C Toepfer International GmbH - Germany
  • Marubeni Corporation - India
  • Trasteel International SA, Italy
  • Manunggal Multi Energi - Indonesia
  • Eastern Coal Council - USA
  • Posco Energy - South Korea
  • Bayan Resources Tbk. - Indonesia
  • Sree Jayajothi Cements Limited - India
  • SMG Consultants - Indonesia
  • Jaiprakash Power Ventures ltd
  • TRAFIGURA, South Korea
  • Simpson Spence & Young - Indonesia
  • ACC Limited - India
  • Pinang Coal Indonesia
  • Berau Coal - Indonesia
  • BNP Paribas - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • Tata Power - India
  • Mitra SK Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Kideco Jaya Agung - Indonesia
  • Deloitte Consulting - India
  • BRS Brokers - Singapore
  • Parliament of New Zealand
  • Global Green Power PLC Corporation, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Riau Bara Harum - Indonesia
  • Orica Australia Pty. Ltd.
  • Vizag Seaport Private Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • SGS (Thailand) Limited
  • Krishnapatnam Port Company Ltd. - India
  • Kaltim Prima Coal - Indonesia
  • SRK Consulting
  • Surastha Cement
  • Cebu Energy, Philippines
  • JPower - Japan
  • Bhushan Steel Limited - India
  • Star Paper Mills Limited - India
  • MS Steel International - UAE
  • Coal India Limited
  • Carbofer General Trading SA - India
  • Coalindo Energy - Indonesia
  • JPMorgan - India
  • Economic Council, Georgia
  • TeaM Sual Corporation - Philippines
  • Formosa Plastics Group - Taiwan
  • Bukit Makmur.PT - Indonesia
  • Inspectorate - India
  • World Bank
  • Coeclerici Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Vedanta Resources Plc - India
  • Maruti Cements - India
  • Bangkok Bank PCL
  • Indian Energy Exchange, India
  • Peabody Energy - USA
  • Cargill India Pvt Ltd
  • Ceylon Electricity Board - Sri Lanka
  • Vijayanagar Sugar Pvt Ltd - India
  • The India Cements Ltd
  • NTPC Limited - India
  • Cement Manufacturers Association - India
  • Gujarat Sidhee Cement - India
  • Karbindo Abesyapradhi - Indoneisa
  • Sucofindo - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Sindya Power Generating Company Private Ltd
  • OPG Power Generation Pvt Ltd - India
  • Borneo Indobara - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • PTC India Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • KPCL - India
  • GNFC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Arutmin Indonesia
  • Antam Resourcindo - Indonesia
  • Central Java Power - Indonesia
  • SMC Global Power, Philippines
  • Bulk Trading Sa - Switzerland
  • TNB Fuel Sdn Bhd - Malaysia
  • TANGEDCO India
  • Coaltrans Conferences
  • Coal and Oil Company - UAE
  • Ernst & Young Pvt. Ltd.
  • Straits Asia Resources Limited - Singapore
  • Metalloyd Limited - United Kingdom
  • Bhoruka Overseas - Indonesia
  • Noble Europe Ltd - UK
  • Ind-Barath Power Infra Limited - India
  • Sojitz Corporation - Japan
  • Electricity Generating Authority of Thailand
  • UOB Asia (HK) Ltd
  • Planning Commission, India
  • Kumho Petrochemical, South Korea
  • HSBC - Hong Kong
  • Jatenergy - Australia
  • Russian Coal LLC
  • Fearnleys - India
  • Indian Oil Corporation Limited
  • The University of Queensland
  • Lanco Infratech Ltd - India
  • Vitol - Bahrain
  • Shenhua Group - China
  • Videocon Industries ltd - India
  • PetroVietnam
  • Core Mineral Indonesia
  • Mintek Dendrill Indonesia
  • Malabar Cements Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Dalmia Cement Bharat India
  • PowerSource Philippines DevCo
  • Romanian Commodities Exchange
  • OCBC - Singapore
  • IHS Mccloskey Coal Group - USA
  • U S Energy Resources
  • Chettinad Cement Corporation Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Minerals Council of Australia
  • Vale Mozambique
  • Wood Mackenzie - Singapore
  • Indogreen Group - Indonesia
  • TGV SRAAC LIMITED, India
  • VISA Power Limited - India
  • Global Business Power Corporation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • CESC Limited - India
  • Makarim & Taira - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Grasim Industreis Ltd - India
  • Thailand Anthracite
  • Asian Development Bank
  • Shree Cement - India
  • Oldendorff Carriers - Singapore
  • Indonesia Power. PT
  • Siam City Cement PLC, Thailand
  • Reliance Power - India
  • GHCL Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Kobe Steel Ltd - Japan
  • Glencore India Pvt. Ltd
  • Meenaskhi Energy Private Limited - India
  • Port Waratah Coal Services - Australia
  • Ambuja Cements Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Iligan Light & Power Inc, Philippines
  • SUEK AG - Indonesia
  • Savvy Resources Ltd - HongKong
  • Jindal Steel & Power Ltd - India
  • Barasentosa Lestari - Indonesia
  • ING Bank NV - Singapore
  • Karaikal Port Pvt Ltd - India
  • Asia Cement - Taiwan
  • Chamber of Mines of South Africa
  • Bukit Baiduri Energy - Indonesia
  • MEC Coal - Indonesia
  • CoalTek, United States
  • Mitsubishi Corporation
  • Mjunction Services Limited - India
  • International Coal Ventures Pvt Ltd - India
  • New Zealand Coal & Carbon
  • Indika Energy - Indonesia
  • GMR Energy Limited - India
  • Banpu Public Company Limited - Thailand
  • Sical Logistics Limited - India
  • Bharathi Cement Corporation - India
  • Ministry of Mines - Canada
  • EIA - United States
  • Coastal Gujarat Power Limited - India
  • Bhatia International Limited - India
  • Platts
  • Commonwealth Bank - Australia
  • AsiaOL BioFuels Corp., Philippines
  • Aboitiz Power Corporation - Philippines
  • Therma Luzon, Inc, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kohat Cement Company Ltd. - Pakistan
  • Argus Media - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Qatrana Cement - Jordan
  • Britmindo - Indonesia
  • Indian School of Mines
  • Infraline Energy - India
  • Mechel - Russia
  • Agrawal Coal Company - India
  • Anglo American - United Kingdom
  • Salva Resources Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Thermax Limited - India
  • bp singapore
  • Standard Chartered Bank - UAE
  • Interocean Group of Companies - India
  • WorleyParsons
  • Idemitsu - Japan
  • Gresik Semen - Indonesia
  • PLN - Indonesia
  • GVK Power & Infra Limited - India
  • Credit Suisse - India
  • IOL Indonesia
  • London Commodity Brokers - England
  • Baramulti Group, Indonesia
  • PNOC Exploration Corporation - Philippines
  • ETA - Dubai
  • Gupta Coal India Ltd
  • Pendopo Energi Batubara - Indonesia
  • IEA Clean Coal Centre - UK
  • Madhucon Powers Ltd - India
  • Independent Power Producers Association of India
  • Bangladesh Power Developement Board
  • Maheswari Brothers Coal Limited - India
  • European Bulk Services B.V. - Netherlands
  • Thiess Contractors Indonesia
  • Barclays Capital - USA
  • Sakthi Sugars Limited - India
  • Kepco SPC Power Corporation, Philippines
  • South Luzon Thermal Energy Corporation
  • Adani Power Ltd - India
  • Maersk Broker
  • Mercuria Energy - Indonesia
  • Thomson Reuters GRC
  • CIMB Investment Bank - Malaysia
  • Renaissance Capital - South Africa
  • Bank of America
  • Aditya Birla Group - India
  • Coal Orbis AG
  • Moodys - Singapore
  • India Bulls Power Limited - India
  • Essar Steel Hazira Ltd - India
  • Electricity Authority, New Zealand
  • Indorama - Singapore
  • Rudhra Energy - India
  • Runge Indonesia
  • Price Waterhouse Coopers - Russia
  • Cosco
  • Binh Thuan Hamico - Vietnam
  • APGENCO India
  • TNPL - India
  • Enel Italy
  • Humpuss - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • The Treasury - Australian Government
  • Lafarge - France
  • Clarksons - UK
  • NALCO India
  • Petrosea - Indonesia
  • Indonesian Coal Mining Association
  • EMO - The Netherlands
  • White Energy Company Limited
  • Cemex - Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Thriveni
  • GAC Shipping (India) Pvt Ltd
  • KPMG - USA
  • Cardiff University - UK
  • World Coal - UK
  • Larsen & Toubro Limited - India
  • Samtan Co., Ltd - South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • IBC Asia (S) Pte Ltd
  • Toyota Tsusho Corporation, Japan
  • Mercator Lines Limited - India
  • Japan Coal Energy Center
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Malco - India