We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
 The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in order to prevent over-exploitation.
Supriatna Suhala, executive director of the Indonesian Coal Mining Association (APBI), said in Jakarta on Tuesday that a production quota for each company would be more acceptable than the export tax since coal miners currently paid different levels of tax to the government.
“For the first generation contracts of work [known as PKP2B], the royalty is 30 percent plus corporate tax at 45 percent, while for mining permits [IUP], issued after 2009, the royalty is only between 13.5 percent with 25 percent corporate tax,” he said.
“If the government applies the export tax, the first generation contract holders will be heavily burdened, they may also bring the regulation to arbitration. The export tax is a good idea as long as all companies are on a level playing field,” he continued.
The government had to study the plan very carefully, Supriatna urged. The association had sent a letter to the Finance Ministry’s fiscal agency to explain the situation faced by coal-mining companies, he added.
Imposing a production quota would be a better way to preserve Indonesia’s coal reserves, he suggested. He argued that the government had to set a national production quota and divide it among the existing coal-mining companies.
“Existing companies continuously expand their production and new companies arrive,” Supriatna emphasized.
However, he said the best way to utilize the country’s coal reserves was to burn them in mine-mouth power plants so that they supported economic growth and raised people’s living standards.
The Energy and Mineral Resources Ministry’s coal director, Edi Prasodjo, revealed that new regulations on coal mining and trading were currently under discussion and he could not comment on the progress.
He acknowledged that the increasing pace of coal production was indeed worrisome. The situation was made worse by the fact that most of the production was exported because domestic consumption was still very low, he added.
“I predict, next year, our production will hit 450 million tons,” Edi reported.
In the first quarter, APBI said, Indonesia’s coal production hit 108 million tons. Last year, the production was 370 million tons.
The government has already applied a 20 percent export tax on 14 mineral commodities, namely antimony, bauxite, chromium, copper, gold, iron ore, iron sand, lead, manganese, molybdenum, nickel, platinum, silver and tin.
Energy and Mineral Resources Minister Jero Wacik has said the government will also issue regulations to control coal production and trading.
The government has also issued a regulation limiting foreign ownership of mines to only 49 percent. The regulation will apply to mining permits, including for coal, issued after the regulation was approved on Feb. 21 this year.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...
Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Si ...
Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...
Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...
Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...
|
|
|
Showing 4716 to 4720 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
|
| |
| |
|
