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

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 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 ...

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