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Monday, 24 December 12
CONSTITUTIONAL COURT DECISION MAY FURTHER DELAY THE ISSUANCE OF NEW MINING BUSINESS LICENCES - TJEN SHE SIUNG
COALspot.com - In November 2012 the Constitutional Court of Indonesia issued a decision on amendments to certain provisions under the Mining Law No. 4/2009 (the “Mining Law”) regarding the determination of mining areas. The decision was issued in response to the judicial review request submitted by the East Kutai Bupati.
Prior to the Constitutional Court decision, the Mining Law required the Central Government to map mining areas (in terms of Mining Areas, Mining Business Areas, and Mining Business Licence Areas) after consultation with Regional Governments and the Parliament. Until the mapping of such areas is complete there were to be no new mining business licences (Ijin Usaha Pertambangan or IUP) issued.
The Court’s decision means that determination of mining areas now has to be done in two steps, first by the Regional Government and then by the Central Government (after discussion with the Parliament). We understand that the Central Government had not completed the mine area mapping process prior to the decision. This new procedure may hold up the finalization of mining area mapping which will lead to further delays in the issuance of new IUPs.
One responsibility that has not been transferred to Regional Governments is the determination of State Reserve Areas, or areas where mining activities are prohibited for an unspecified period. Determining State Reserve Areas will remain the responsibility of the Central Government. This may result in conflicts and overlaps between State Reserve Areas and Mining Business Licence Areas where there is no coordination between the Central and Regional Governments. The Constitutional Court decision does not stipulate any means to resolve potential overlaps.
About Tjen She Siung
She Siung is a Tax Director with PwC Indonesia. He has been providing tax services to a wide range of multinational and domestic companies, focusing on the Energy Utilities and Mining sector. He has an in-depth knowledge of the full range of Indonesian tax issues, including corporate income tax, VAT and withholding taxes.
Publications related to the Indonesia Energy Utilities and Mining sector can also be accessed at PwC Indonesia's website.
For further queries you can contact She Siung at tjen.she.siung@id.pwc.com
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Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
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- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- PTC India Limited - India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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