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, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points. The cape index also ...


Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...


Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...


Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...


   932 933 934 935 936   
Showing 4666 to 4670 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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