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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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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Australian Coal Association
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
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