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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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Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...
Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...
Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE
The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...
Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME
COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...
Friday, 22 August 14
U.S WEEKLY COAL PRODUCTION UP 2.4% WEEK OVER WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.60 million short tons (mmst) of coal in ...
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- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
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