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Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
 President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coal producers as a means to help state-owned electricity company PLN maintain current electricity rates.
Energy and Mineral Resources Minister Ignasius Jonan said revoking the government policy on the coal DMO would require a lot of effort, as it was stipulated in law, while the price cap was stated in a government regulation (PP).
"The President decided to leave [DMO rule] as it is. There is no new PP and we have same price mechanism. DMO is a mandate of Law No. 4/2009 and the $70 price cap is regulated by a PP," he said at Bogor Palace in West Java.
Prevailing regulations require coal producing companies to allocate 25 percent of their production to fuel power plants for supplying electricity to PLN at a price cap of $70 per ton of coal.
PLN president director Sofyan Basir said that the company needed around 92 million tons of coal per year, around 20 percent of national coal output.
"The market price of coal is now $120 per ton, while the price in the state budget is set at $68 to $70 per ton. If the DMO is revoked, the [resulting] subsidy would be enormous, perhaps up to Rp 30 trillion [US$2.08 billion]," he said.
Last week, Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said the government would revoke the DMO policy for coal in response to the increasing coal price. (bbn)
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Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE
The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...
Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to ...
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...
Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...
Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...
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- Bhushan Steel Limited - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
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