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Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban exports of coal, perhaps as soon as 2015.
Those on the council, known as DEN, who support the proposal argue that Indonesia, now Asia’s largest exporter of coal, will be able to absorb its production by that date. They also point to the need for energy security and the country’s diminishing coal reserves.
However, one industry representative argued that such a ban would hurt investment in the sector, and that domestic buyers would be unable to absorb the additional supply without aggressive expansion of the country’s coal-fired electricity-generating capacity.
Herman Darnel Ibrahim, a council member representing industry, said the ban was needed because the country’s remaining coal reserves were now estimated to be sufficient for only 20 years.
“Energy security is the main factor to consider,” Herman said. “The role of energy resources should change from that of generating state revenue to supporting the country’s development.”
Council member Rinaldi Dalimi, who represents academia, said banning exports would benefit the country because the price of coal was expected to increase significantly. “We do not want to face a domestic shortage in the future just because we set a priority on exports,” Rinaldi said.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), warned that such a ban would drive away international investors.
“With the current domestic market conditions, the proposal would only negatively impact the investment,” he said.
“Should the government aim to scrap exports, there should be at least 70,000 megawatts of coal-fired plants to absorb the production. We won’t mind ending exports as long as there are buyers for our production.”
Energy Minister Darwin Zahedy Saleh, executive chairman of the council, said the ban would probably not be implemented as long as the country had a stable, consistent supply of coal.
Total national production of coal is expected to reach 280 million tons this year, with 75 million tons allocated to the domestic market.
Last year, the coal output was 254 million tons. About 198 million tons of the production was exported, mainly to buyers in Japan, China, India, Australia and Africa.
Coal exports last year were worth a total of $14.85 billion, said Bambang Setiawan, director general of coal, minerals and geothermal energy at the Energy Ministry.
Source: The Jakarta Globe
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Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
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- Star Paper Mills Limited - India
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- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
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