We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 January 20
DMO 2020 PRICE SET FOR ELECTRICITY SECTOR - IAN WOLLFF
 On the 26th December 2019, the Minister of Energy and Mineral Resources (ESDM) issued the decree No. 261.K/30.MEM/2019 about the States needs for coal in 2020 [Domestic Market Obligation = DMO] that is effective from the 1st January 2020. It is good that the decree was issued prior to its application, and the socialization of the decree is much anticipated.
The first three stipulations simply set the DMO for coal producers at a minimum of 25% of their sales. If this commitment is not met, then the producers are “obliged to pay compensation” for the shortfall amount of DMO sales. Note that the nature of such compensation is not mentioned in this decree.
The remainder of the decree specifically addresses coal sold “for the supply of electricity for public use..” The DMO sales for the cement and other industries are not mentioned, and presumably this decrees price setting formula for the electricity industry may not apply to other DMO coal uses.
The decree sets the coal selling price to the domestic electricity market, based upon a reference coal quality, and at the Free On Board (FOB) sales point. It would appear the business entity providing electricity is now mandatory to buy coal FOB and be responsible for coal transport, and to prioritize long term contracts. Coal producers that do not meet their DMO commitments related to the domestic electric market will be subject to sanctions in the form of reducing quota for the following years approved production. There seems to be no mention on the differentiation of 25% overall DMO and the proportion to be committed to the electric industry.
The Decree’s attachment sets out the determination of the selling price for the supply of electricity for public interest. There is separate formula for when the coal reference price is equal or more than USD 70/ton FOB, and for when the coal reference price is less than USD 70/ton FOB. The formula considers variations in coal quality and provides a table of 77 Indonesian coal quality / brands. There is a third consideration in the calculation of coal sales price to the electricity supply for public interest related to Spot Sales. It would seem the formulae do not consider coking properties.
Ian Wollff
Principal Geologist. Independent Consultant
Originally Published on Linkedin on 1 January 2020
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 06 February 20
CHINESE DEMAND KEY UNCERTAINTY FOR SEABORNE COAL MARKET IN 2020 - THE BRICS POST
Coal trader Noble Resources head of research Rodrigo Echeverri Cardozo had penciled in a 3 Mt drop in Chinese import demand for 2020, but it could ...
Wednesday, 05 February 20
CORONAVIRUS AND THE SHIPPING INDUSTRY - WATSON, FARLEY & WILLIAMS
The continued spread of Coronavirus and governmental measures to minimise the impact is likely to affect the shipping industry and supply chain.
...
Wednesday, 05 February 20
INDONESIA'S COAL PRICE REFERENCE UP 1.46% IN FEBRUARY
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Wednesday, 05 February 20
MARKET INSIGHT - INTERMODAL
The oil and gas industry benefitted from a strong and solid ground in the previous year. We witnessed a slow but steady increase in bunker’s ...
Wednesday, 05 February 20
RUSSIA EXPORTED 28.6 MLN TONNES OF LNG IN 2019 - REFINITIV
A lot of attention has been paid recently on the surge in LNG exports from the United States. However, another country which is seeing truly expone ...
|
|
|
Showing 1151 to 1155 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- PTC India Limited - India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
|
| |
| |
|
