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Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after posting record output last year amid a recovery in demand.
Indonesia’s coaloutput in 2023 was 775 million tons, up from 687 millions a year earlier and above the 695-million-ton target, Mining Minister Arifin Tasrif told reporters.
Around 518 million tons of Indonesian coal were exported last year, he added, an 11% increase from 2022. Arifin did not provide an outlook for exports in 2024.
“Our coal exports increased (last year) due to rising energy demand while supply of alternative energy sources was disrupted,” Arifin told reporters, referring to gas supply disruptions due to the war in Ukraine.
Meanwhile, domestic demand was higher than expected as power demand recovered from the pandemic impact and a number of coal-fired power plants came online, Arifin said.
Indonesia has pledged to shift away from coal, which currently makes up around half of the country’s source of energy, towards renewable resources.
The government plans to raise to 23% the share of energy generated from renewable sources by 2025, though as of last year only 13% of the Southeast Asian country’s energy mix was represented by renewables, ministry data showed.
“We are still committed and will optimise the utilisation of renewable resources we have,” he said, but added: “We need to be realistic.”
In the transport fuel sector, Indonesia estimated this year that its domestic consumption of biodiesel made from palm oil would reach around 12.5 million kilolitres, up slightly from 2023’s 12.2 million KL.
The government has allocated 13.4 million KL for biodiesel consumption in 2024, and targeted 13.9 million KL consumption next year.
Source: Reuters
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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 ...
Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
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- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- The University of Queensland
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
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