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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
 The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic demand, especially for electricity generation, an official said.
"The figure is based on our estimate of the domestic demand for coal," Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, told reporters Wednesday.
The export cap will be included in a government regulation on domestic market obligations (DMO).
"We expect the regulation on the DMO to be concluded this year," Bambang said.
According to Bambang, national coal production this year is targeted at 230 million tons. He said that as much as 161.5 tons of this total were for export and the remaining 68.5 tons were for the domestic market.
The Indonesian Coal Producers Association has estimated national coal production will reach 250 million tons this year while the domestic demand will reach 50 million tons.
Bambang said the domestic demand would increase significantly in the upcoming years as power plants from the government's 10,000 megawatt electricity crash program would begin operation in 2011.
He said the coal demand from the power sector in 2011 would be somewhere between 65 million and 70 million tons a year, up from 40 million to 46 million tons this year.
Bambang also announced a government plan to provice incentives for low-calorie coal producers.
Bamband said the government plans to reduce the percentage of the so-called coal production fund (DHPB), which basically consist of development fee and royalty paid to the government.
The government requires low-calorie coal producers to pay the DHPB as much as 13.5 percent of their sales revenue.
Bambang said the Energy and Mineral Resources Ministry proposed to reduce the DHPB for low-calorie coal producers from 13.5 percent to around 7.5 percent. The reduction will only be taken from the development fee, while the royalty will remain at 3 percent.
"This proposal still needs to be discussed further with the Finance Ministry," Bambang said.
Source: The Jakarta Post
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Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
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- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
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