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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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Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
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- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Parliament of New Zealand
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- Power Finance Corporation Ltd., India
- Minerals Council of Australia
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- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Planning Commission, India
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- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
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- Bhatia International Limited - India
- SMC Global Power, Philippines
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- Directorate Of Revenue Intelligence - India
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- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- VISA Power Limited - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
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- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
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- Agrawal Coal Company - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
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