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Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for domestic power plants and industries, energy minister Arifin Tasrif said.
The plan to set up the agency follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the start of the year.
The government plans to collect the levy from coal companies based on their output and proceeds will be used to pay the gap between the coal market price and the price cap set for a domestic market obligation (DMO).
Indonesia has put a price cap of $70 per tonne for coal sales to power plants and a $90 per tonne cap for local cement and fertiliser companies, and other industries.
Officials have said the significant gap between international prices and the domestic price cap had led to poor compliance with the DMO scheme.
Arifin declined to disclose the levy rate, but said it would be tiered based on the coal’s calorific value.
“If the calorific value is low, automatically (the levy rate) will be low, as the sale price is low, .. while for the higher calorific value… we will set it higher, because the selling price is higher,” Arifin said.
Source: Reuters
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- London Commodity Brokers - England
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- The University of Queensland
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- PTC India Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
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