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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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Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
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- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
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