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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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Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...
Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...
Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...
Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...
Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...
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- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
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