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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Economic Council, Georgia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
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