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Friday, 23 November 18
ASSOCIATION CALLS FOR REVISION OF DMO SCHEME FOR COAL - JP
.jpg) The Indonesian Coal Mining Association (APBI) has called on the government to revise the domestic market obligation (DMO) scheme for coal, which requires a coal mining company to sell 25 percent of its production to the domestic market at a fixed price of US$70 per ton.
APBI chairman Pandu P. Sjahrir suggested that the scheme be revised so that companies would instead be required to pay non-tax state revenue (PNBP) based on the requirement of the current scheme.
“Not all types of coal can be absorbed by the local industry, particularly state-owned electricity company PLN,” he said as reported by kontan.co.id.
Pandu said the requirement to sell 25 percent of production would negatively affect coal production as coal miners tended to lower production because of the requirement.
He added that the situation had been worsened by the declining coal price in the global market. Therefore, he estimated that the next year’s coal production would further decline if the current DMO scheme was still in place.
The Energy and Mineral Resources Ministry aims for coal production of 506.9 million tons. Production from January to October reached 409.9 million tons. Coal mining companies have put aside 90.71 million tons of coal for DMO from the total annual target of 121 million tons.
However, the ministry’s mineral and coal director general, Bambang Gatot Ariyono, stressed that the current scheme would be maintained next year.
Source: The Jakarta Post
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Wednesday, 21 November 18
SHIPPING MARKET INSIGHT - DIMITRIS KOURTESIS
Halfway through the fourth and last quarter of the year, we spot a significant change in freight rates for tankers trading dirty, as well as on the ...
Tuesday, 20 November 18
FREIGHT RATES IN THE CRUDE OIL MARKET HAVE ALREADY PICKED UP OVER THE PAST COUPLE OF WEEKS - YIANNIS VAMVAKAS
Current geopolitical developments between Iran and the US, which have led the latter to re-impose its sanctions, have significantly affected oil pr ...
Tuesday, 20 November 18
GOLDEN ENERGY AND RESOURCES LEADS A$249M BID FOR AUSTRALIA-LISTED STANMORE COAL - THE STRAITS TIMES
Singapore-listed Golden Energy and Resources (GEAR) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore ...
Monday, 19 November 18
INDONESIA'S LEADING EIGHT COAL MINER'S COAL MINING CONTRACTS ARE EXPECTED TO EXPIRE BETWEEN YEAR 2019 - 2025
The Ministry of Energy and Mineral Resources (ESDM) said, eight Coal Contract of Works (CCoW) will expected to expire between 2019 to 2026, Liputan ...
Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
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- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
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