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Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
 COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal Price Reference (ICPR) is aimed at securing continued domestic coal supply and optimization of state revenue. The DMO and ICPR programs is currently in the final stages of implementation.
“During the transition period, the government will implement and distribute average monthly coal prices as a reference for coal mining companies operating in Indonesia” explains the Director General of Mineral, Coal and Geothermal, Bambang Setiawan during the 15th Coaltrans Asia in Nusa Dua, Bali (1-3/6)
The implementation of DMO and ICPR refers to Presidential Decree No.5/2006 on National Energy Policies which states that by 2025, coal shall contribute to 35% towards the national energy mix. This is also regulated in Law No.3/2007 on Energy and Law No.4/2009 on Mineral and Coal Mining.
According to article 11 and 12 of the PKP2B contract, mining companies are able to export their products after fulfilling their domestic market coal obligation. Mining companies are also obligated to help support domestic coal supply. This program emphasizes the need to determine domestic coal demand and the Minimum Domestic Coal Supply Obligation Percentage (PMPBDN) for each company.
“DMO is divided proportionally between each coal mining companies through an agreed work and financial plan” explains the Director General of Mineral, Coal and Geothermal, Bambang Setiawan. The Director General further explains that the PMPBDN is regulated in the form of a ministerial decree. A ministerial decree on domestic coal demand is issued based on of coal demand calculation put forward by domestic coal consumers.
ICPR will be regulated based on the average of 4 price index, consisting of BJ and GC as an international coal price reference, and ICI and Platts as the Indonesian coal price reference. Coal price is then set according to this reference, where coal prices is then set towards Indonesian coal production, reflecting their quality an quantity.
Indonesia is one of the main producers of coal, exceeding 220 million metric tones in 2008 alone. Most of this production, or around 70% is then exported, with the remaining 30% allocated for domestic demands. Indonesia is currently preparing to implement several policies to ensure domestic coal supply due to increasing domestic demands.
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Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Interocean Group of Companies - India
- Parliament of New Zealand
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- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
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- CNBM International Corporation - China
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- Billiton Holdings Pty Ltd - Australia
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- Chamber of Mines of South Africa
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- Baramulti Group, Indonesia
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- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
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- Indian Energy Exchange, India
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- GMR Energy Limited - India
- McConnell Dowell - Australia
- PTC India Limited - India
- Indian Oil Corporation Limited
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- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
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- Larsen & Toubro Limited - India
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- Ministry of Mines - Canada
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- Indo Tambangraya Megah - Indonesia
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- Renaissance Capital - South Africa
- Deloitte Consulting - India
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- Gujarat Mineral Development Corp Ltd - India
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- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
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- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
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- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- White Energy Company Limited
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
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- Carbofer General Trading SA - India
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- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
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- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
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- SMC Global Power, Philippines
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