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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 $70 for 2020.
Ariyono also said the government will also draft new regulations to support its agenda of building a downstream industry for coal.
Indonesian President Joko Widodo wants the country to expand the downstream uses for coal at home, including processing coal into dimethyl ether to substitute for imported liquefied petroleum gas (LPG).
Source: Reuters
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Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
Capesize
The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being ...
Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Planning Commission, India
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Economic Council, Georgia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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