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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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Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
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