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Tuesday, 26 August 14
GOVT ON TRACK TO LIMIT COAL OUTPUT - THE JAKARTA POST
The government has announced that it will proceed with plans to cap the production of coal next year, a move aimed not only at protecting the environment but also at helping stem a decline in global coal prices.
Amid projections that coal prices would remain low next year, the government expressed optimism that it could limit annual coal production to around 400 million tons once the policy takes effect next year.
“It [the quota] will not exceed 400 [million tons]. But they [companies] are still allowed to export,” the mineral and coal director general at the Energy and Mineral Resources Ministry, R. Sukhyar, told The Jakarta Post recently.
“Companies only need to adjust their capacity and the facilities [to comply with the policy]. I don’t think the policy will cause any problems,” he said.
The government projects that total coal production will reach 421 million tons this year, the same amount that was produced in 2013. Around 25 percent of coal produced services domestic demands, while the remaining 75 percent is exported abroad.
Indonesia is Asia's biggest exporter of thermal coal for power plants.
Coal production remained strong in the last couple of years despite a decline in global coal prices of US$73 per ton this year and $82 per ton last year, according to the Energy and Mineral Resources Ministry. The price for coal peaked in 2010 at over $100 per ton. (ren)
Source: The Jakarta Post
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Saturday, 27 September 14
OIL MARKET CONTANGO: SPECULATION ON FUTURE PRICES CAN BE A RISKY MOVE, EVEN FOR TANKER OWNERS HELLENIC SHIPPING NEWS
Despite the fact that tanker owners can easily use their vessels as floating storage units for oil, in a bid to exploit the current oil market dyna ...
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
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- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
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