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Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
 Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on Monday, amid government talks on how Southeast Asia’s biggest economy can increase export revenues.
Pandjaitan was referring to proposed revisions to rules introduced in March requiring Indonesian coal miners to sell 25 percent of their thermal coal output to domestic buyers, with a price capped at $70 per tonne for coal sold to state electricity utility Perusahaan Listrik Negara (PLN).
“Even if this happens it will probably be next year at the earliest we can do it,” he said.
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated, Pandjaitan said.
The government is looking at revising domestic coal supply and pricing rules “to see how much money (Indonesia) can get from here,” he said, referring to government efforts to increase export revenue.
Indonesia is the world’s top exporter of thermal coal, and its economy has benefited from rising demand and prices for the dirty fuel - which hit $104.65 a tonne in July - their highest level since May 2012.
The proposed changes are part of Indonesia’s efforts to increase these benefits, to reduce the country’s current account deficit amid the threat of a global trade war that could further weaken the rupiah, one of the worst performing currencies in emerging Asia having lost 6 percent this year.
The cap on domestic thermal coal prices was introduced to shield PLN from price fluctuations.
Indonesia did not want to control the market or dent PLN’s revenues with the proposed revisions, Pandjaitan said, without providing further detail on what form any new rules would take.
Rosan Roeslani, chairman of Indonesia’s Chamber of Commerce and Industry (KADIN), said the government was considering a possible revision of the price cap.
The 25 percent quota could also be “adjusted to meet domestic demand,” said Roeslani, who attended a meeting with Pandjaitan along with mining ministry and state electricity utility (PLN) officials on Monday to discuss the coal rules.
Roeslani was referring to coal grades that do not meet PLN’s requirements.
Coal with energy levels above 4,500 kilocalories per kilogram (kcal/kg) or below 4,000 kcal/kg could potentially be exported because it wasn’t needed by PLN, he said.
Discussions, though, were “still in very early stages,” Roeslani said, and another meeting is planned for this week to discuss the matter further.
Source: Reuters
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Monday, 16 April 18
MINISTER IGNASIUS JONAN SPEAKS HIS MIND AT INDONESIA MINER - IAN WOLLFF
The Minister for Energy and Mineral resources, Ignasius Jonan, delivered a key note address at the Indonesia Miner conference in Jakarta on the 11 ...
Thursday, 12 April 18
THE PERFECT STORM FOR THE BIG SHIPS - THE BALTIC BRIEFING
Capesize
The perfect storm for the big ships: with holidays, force majeure in two ore exporting ports and bad weather undermining the market. A l ...
Thursday, 12 April 18
SHIPPING CAN MANAGE US-CHINA TARIFFS, BUT RISKS RISING - FITCH
Container and, to some extent, dry bulk would probably be the shipping segments most affected by the recently announced US and China tariffs, Fitch ...
Thursday, 12 April 18
SUPRAS HAVE FIXED MID $11K FOR AN INDO RV TO S. CHINA DELIVERY PHILIPPINES - FEARNLEYS
Supramax
Slow week with little light for improving rates. ECSA to Far East still around $15k + bb and same to Med ca $14k, says Fearnleys in its ...
Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE
On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...
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Showing 1741 to 1745 news of total 6871 |
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- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
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