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Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
 The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t — controversial Energy and Mineral Resources Minister Purnomo Yusgiantoro bid all his employees goodbye on Monday, and hinted that he wouldn’t be back in the job after a new cabinet is named later this month.
After nine years at the powerful ministry, which oversees trillions of rupiah in energy investment and revenue, Purnomo told his subordinates that it was time for him to give up his post.
“Nothing lasts forever. Everything has an end,” he said. “Please forgive all my faults during my term at the ministry.”
Purnomo has occasionally expressed his desire to resign from the post over the years, but has held on to the position anyway.
However, when later asked whether this “goodbye” meant he was likely to leave the government for good, Purnomo refused to comment, saying it was “up to the president” to decide.
Speculation is increasing that the government may create a higher coordinating ministry to oversee the country’s natural resources. Purnomo has been mentioned as a possible candidate for the job. He is also believed to be lobbying for the posts of either trade or industry minister, two separate positions that may also be merged under the new government.
Analysts have said Purnomo may have a chance to fill the position of chief economics minister if acting minister Sri Mulyani Indrawati is made to vacate the post.
Raden Priyono, the head of upstream oil and gas regulator BPMigas, said he believes Purnomo would most likely take on a more senior position, while his current director general, Evita Legowo, would replace him. “Evita will most likely be the new energy minister,” he said.
Waryono Karyono, secretary general at the Energy Ministry, concurred that Evita was Purnomo’s most likely replacement.
Evita declined to comment.
Two analysts criticized Purnomo’s performance as energy minister, saying they would be glad to see him go. Kurtubi, an independent energy analyst, said oil and gas output consistently declined during Purnomo’s tenure, from more than a million barrels in 2000 to 960,000 barrels currently . “Purnomo has failed to increase investment in the sector. Meanwhile, state revenue from energy resources kept decreasing,” Kurtubi said.
“Domestic needs were not covered well under Purnomo’s rule,” said Pri Agung Rakhmanto, an energy analyst at the Reforminer Institute. “That is why Indonesia is suffering from an energy crisis.”
Source: The Jakarta Globe
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Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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 Mond ...
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- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
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