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Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Monday, creating more uncertainty for a sector that is already struggling to attract new investment.
The government has been drafting regulations on the new mining and coal law passed in December 2008 for presidential approval, and had said they should be issued by October when a new administration under President Susilo Bambang Yudhoyono is due to start a second term.
Bambang Gatot Ariyono, director of mining and coal production at the energy and mines ministry, said ministries including the forestry and finance Ministry with vested interests in the regulations had yet to respond to the drafts proposed by his office.
"Looking at the progress, we doubt the regulations can be completed this year," said Ariyono, who did not say when he thought the regulations were likely to be completed.
For a factbox on the draft regulations of Indonesia's new mining law
Issuing the regulations is seen as crucial to providing more certainty for mining investors in Southeast Asia's biggest economy.
But analysts have said it may take more time to issue the regulations. In the case of an oil and gas law passed in 2001, it took three years to issue the implementing regulations.
With the delay, the sector is unlikely to see fresh investment in the near future as the government has frozen new mining permits until the regulations are finalised and there may be further delays under a new government.
President Yudhoyono may create new ministerial posts to spur development of the natural resources sector, sources told Reuters.
One idea being considered is to establish a new co-ordinating minister for resources and also to separate the energy and mining portfolios, with the co-ordinating minister overseeing these, as well as agriculture, forestry, and environment, a source said.
The Indonesian Mining Association has said mining investment would fall below $1 billion this year due to uncertainty over the new mining law, although the government says investment from mining -- including geothermal -- could surpass $2 billion.
A combination of low metal prices and uncertainty over the new mining and coal law has prompted some companies to shelve their investment plans since last year.
BHP Billiton scrapped a study to develop an integrated nickel project in eastern Indonesia and also decided it would not go ahead with a coal mine in Central Kalminantan. Chinese firm Tsingshan Mineral Company Ltd had scrapped a $500 million nickel project in North Maluku in Indonesia
Source: Reuters
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Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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Showing 6521 to 6525 news of total 6871 |
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- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
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