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Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
 Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as suppliers struggle to meet the regulation.
Coal miners are currently required to sell 25% of their output to the local market, mainly state-owned electric company PT Perusahaan Listrik Negara (PLN), a policy known as the domestic market obligation (DMO). However, since PLN’s demand is limited while output is climbing, the miners are unable to maintain the ratio of exports to domestic sales.
“We are thinking of ways to avoid harming the domestic sector, but still takes care of exports,” said Bambang Gatot Ariyono, coal and minerals director general at the Ministry of Energy and Mineral Resources, said at a ministry event.
The changes are aimed at “finding the balance between domestic obligation and exports,” he said.
Pandu Sjahrir, the chairman of the Indonesian Coal Mining Association, told reporters separately on Monday that domestic coal consumption remains unchanged at 120 million tonnes a year while output is climbing to 600 million tonnes.
If the government wants to keep the 25% DMO, output should be capped at 480 million tonnes, he said.
Some miners have also complained that they cannot sell to domestic buyers because they require low-calorie coal while the miners mostly produce high-calorie coal, local media reported.
Sjahrir also said he hopes the government will remove the price cap for coal sold to PLN, currently set at $70 per ton.
Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif said last month the government plans to keep the price cap at $70 for 2020.
Ariyono also said the government will also draft new regulations to support its agenda of building a downstream industry for coal.
Indonesian President Joko Widodo wants the country to expand the downstream uses for coal at home, including processing coal into dimethyl ether to substitute for imported liquefied petroleum gas (LPG).
Source: Reuters
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Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...
Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
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- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
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