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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, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Central Electricity Authority - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
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