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Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offshore schemes, Russia's top auditing body said.
A report published on the Audit Chamber website said up to 80 percent of Russian coal exports were going through offshore firms at prices often 30 percent to 54 percent below market rates.
"As a result substantial funds raised from coal sales are accumulated on offshore firms' accounts while Russia's budget is losing a substantial part of tax revenues," the auditing chamber said in a statement.
The investigation follows criticism by Russian Prime Minister Vladimir Putin of the export policies of major Russian coal firms last year.
Putin attacked coking coal producer Mechel for its pricing policies, causing a sharp sell-off of the New York-listed stock.
Russia produced 326 million tonnes of coal last year and exported just over 100 million tonnes with Mechel, SUEK, KuzbassRazrezUgol and Raspadskaya (RASP.MM) being among top producers and exporters.
Source: Reuters
(http://www.reuters.com/article/marketsNews/idUSL757937520090707)
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Wednesday, 25 March 09
MINISTER ASKS ROYALTIES BE PAID IN COAL, NOT CURRENCY - THE JAKARTA POST
Coal companies could pay their royalties to the government in coal, rather than in rupiah, under a proposal made by Energy and Mineral Resources Min ...
Wednesday, 25 March 09
INDONESIA'S STATE ELECTRICITY COMPANY DEMAND FOR COAL TO SOAR NEXT YEAR AS POWER OUTPUT RISES - THE JAKARTA POST
State electricity company PT PLN will need more coal next year as it seeks to generate more power through new plants operated by its subsidiary PT I ...
Tuesday, 24 March 09
INDONESIA'S KPC AGREES FIRST MAJOR CHINA COAL DEAL - REUTERS
Indonesian miner PT Kaltim Prima Coal last week agreed its first major long-term deal to sell thermal coal to China, with 1 million tonnes to be shi ...
Tuesday, 24 March 09
INDONESIA ANTAM'S SETS ASIDE $37 MLN FOR COAL MINES - REUTERS
Indonesian state-owned miner, PT Aneka Tambang Tbk, has allocated $37 million for acquiring coal mines, the company said on Monday.
Antam said la ...
Monday, 23 March 09
NIPPON STEEL, BMA AGREE TO 57 PCT CUT IN COAL PRICE - REUTERS
Nippon Steel Corp has agreed with Australia's BHP Billiton Mitsubishi Alliance (BMA) to pay $128 to $129 per tonne for coking coal in the year from ...
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Showing 6826 to 6830 news of total 6871 |
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- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
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