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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
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Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize
Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...
Wednesday, 15 January 20
ASIA PACIFIC GAS AND LNG - 6 THEMES TO WATCH IN 2020 - WOOD MACKENZIE
NEWS RELEASE
Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020
Asian LNG spot pr ...
Wednesday, 15 January 20
PREDICTIONS FOR 2020: 'SLOWBALISATION" IS THE NEW GLOBALISATION - PWC
Projecting what the future holds is an important exercise for businesses looking to plan ahead. Below we present a summary of some of the themes we ...
Wednesday, 15 January 20
SHIPPING MARKET INSIGHT - INERMODAL
Happy New Year and all the best for IMO 2020 !!
The early days of IMO 2020 coming into force have certainly had an impact on the indus ...
Tuesday, 14 January 20
SOLAS AMENDMENTS ENTERING INTO FORCE 1 JANUARY 2020 - STANDARD CLUB
While the latest amendments to MARPOL annex VI which entered into force on 1 January 2020 limiting the SOx emissions from ships has been the centre ...
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Showing 1191 to 1195 news of total 6871 |
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- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
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