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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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Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...
Wednesday, 25 April 12
CHINA IMPORTS 9.76 MMT AND INDIA IMPORTS 7.03 MMT OF INDONESIAN COAL LAST MONTH
COALspot.com: Indonesia, the world largest coal exporter, shipped 30.64* million tons of coal in March 2012, compared to 27.12* million tons i ...
Monday, 23 April 12
ALTURA ENTERS INTO AGREEMENT TO ACQUIRE 2 COAL PROJECTS IN SOUTH KALIMANTAN
COALspot.com - Altura Mining Limited (ASX: AJM) has announced that it has entered into an agreement to acquire a further two (2) Mining Permits (IUP ...
Sunday, 22 April 12
THE FREIGHT MARKET EXPECTED TO REMAIN FIRM NEXT WEEK - VISTAAR
COALspot.com - The BDI has broken the psychological barrier of 1000 points and closed at 1067 points.
The cape index was slightly down by 2.48 pc ...
Saturday, 21 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP 2.61 PERCENT THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps fell for a fifth day, according to DSP of SGX AsiaClear OTC Coal Swaps.
CFR South China Coal ...
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- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Indika Energy - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
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