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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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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
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- Energy Link Ltd, New Zealand
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- IHS Mccloskey Coal Group - USA
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- Sarangani Energy Corporation, Philippines
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- Electricity Authority, New Zealand
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- Goldman Sachs - Singapore
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- Posco Energy - South Korea
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- Ministry of Finance - Indonesia
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- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
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- Attock Cement Pakistan Limited
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- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
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- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
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- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Parliament of New Zealand
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- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
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- Power Finance Corporation Ltd., India
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- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
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- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Bhatia International Limited - India
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- The State Trading Corporation of India Ltd
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- Thiess Contractors Indonesia
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- Wilmar Investment Holdings
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- Economic Council, Georgia
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- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
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- Eastern Coal Council - USA
- White Energy Company Limited
- Agrawal Coal Company - India
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- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Energy Development Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
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- SN Aboitiz Power Inc, Philippines
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- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
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- Tamil Nadu electricity Board
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- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
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