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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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- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Edison Trading Spa - Italy
- The University of Queensland
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
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