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

Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...


Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...


Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...


Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...


Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were  up except for cape index whic ...


   957 958 959 960 961   
Showing 4791 to 4795 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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