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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, 02 March 18
MORE COAL INQUIRES FROM SOUTH AFRICA TO INDIA; SUPRAS FIXED CA $12K + BB - FEARNLEYS
Supramax
Better rates in Atlantic, but not too busy market just yet.
Black Sea catched improving rates for grain cargoes, where supras to Eg ...
Friday, 02 March 18
U.S. WEEKLY COAL PRODUCTION DOWN 2.7 PER CENT W/E 24 FEB, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Wednesday, 28 February 18
INDIA: TEPID COAL TRAFFIC TO HIT VOLUME GROWTH AT PORTS TILL 2022 - PTI
Cargo growth at the country’s major ports is all set to moderate to 3-5 per cent per annum over the next five years due to the “sedate ...
Wednesday, 28 February 18
MARKET INSIGHT - LINOS KOGEVINAS
US Shale production continues to grow rapidly, hitting new records and with projections being revised upwardly at every turn. According to the Inte ...
Tuesday, 27 February 18
SHELL SEES POTENTIAL LNG SUPPLY SHORTAGE AS GLOBAL DEMAND SURGES
Media Release: The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 ...
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- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- London Commodity Brokers - England
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