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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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Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...
Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...
Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...
Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Et ...
Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...
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- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Minerals Council of Australia
- Goldman Sachs - Singapore
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
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