We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
 Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligations. Failure to comply may cost producers half of their output.
“Our company is aiming to supply 20 to 25 percent of domestic demand,” said Sandiaga Uno, director of PT Adaro Energy, the nation’s No. 2 producer. “We hope to supply at least 11 million tons to the market this year.”
The Energy Ministry decree, which went into effect on Jan. 1, requires coal miners to meet domestic demands before exporting their coal. The DMO would be based on projections of domestic needs three months in advance.
The initiative is aimed at securing adequate fuel for the nation’s ongoing fast-track electricity generation program. Producers in the past have been reluctant to reserve output for domestic use because coal fetches higher prices abroad.
Sanctions for not meeting the DMO vary from a written reprimand to a production cut of up to 50 percent for producers the following year. Buyers may also be punished if they fail to fulfill their purchasing commitments, with their orders in the next year being slashed by as much as half.
|
“Our company is aiming to supply 20 to 25 % of domestic demand and to be the biggest coal supplier for domestic demand”
- Sandiaga Uno, PT Adaro Energy |
The government expects domestic demand of 75 million tons this year, while total coal production has been estimated at 280 tons.
The Indonesian Coal Producers Assocation (APBI), however, has insisted that the government’s demand forecast was too high and that the domestic market could not absorb that amount.
Sandiaga said Adaro would supply power plants in Java and Bali to meet its obligation. The company’s production rose to 40.59 million tons in 2009 from 38.48 million in 2008.
“Our company aims to be the biggest coal supplier for domestic demand,” Sandiaga said.
State-owned coal miner PT Tambang Batubara Bukit Asam said on Friday that it would allocate 8.6 million tons, or 61 percent of its total production this year, to the domestic market, up from 8.3 million tons last year.
Pri Agung Rakhmanto, an energy analyst at the Reforminer Institute, said the government should also issue a regulation pushing producers to reserve even more coal for the domestic market.
To make the obligation more palatable to miners, Pri suggested that the government raise the price it pays for coal to fall more in line with international prices.
“It’s still a better alternative than the government having to import from overseas with higher price” Pri said.
The National Energy Council, which advises the House of Representatives and the president, is currently considering a proposal to ban exports of coal, perhaps as soon as 2015, saying the nation would be able to absorb all coal production by that time.
Driving calls for the ban is the need for energy security amid diminishing coal reserves. Herman Darnel Ibrahim, a council member representing the mining industry, said the ban was needed because the nation’s remaining coal reserves were estimated to be sufficient for only 20 years.
But 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 supply.
According to the Energy Ministry, Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the government’s 230 million ton target.
About 78 percent of the output was exported to buyers in Japan, China, India, Australia and Africa, with the rest sold domestically.
Bambang Setiawan, director general of coal, minerals and geothermal at the ministry, said coal exports in 2009 were worth $14.85 billion.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
|
|
|
Showing 5991 to 5995 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
|
| |
| |
|
