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Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
 Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop its exports in order to help strengthen the country`s energy resilience.
As it is now carrying out its second coal-fired 10,000 MW power crash program, Indonesia, with coal reserves estimated at 4,328 million tons, will need to save its coal as an energy source to meet future needs.
A recommendation to that effect is now being formulated by the National Energy Board (DEN), and will later be submitted to the government. According to DEN member Rinaldi Dalimi, during a meeting with Commission VII of the House of Representatives recently, Indonesia should save its coal as an energy reserve to meet future needs.
"Up till now, DEN members are still discussing a strategy to keep coal to ourselves and the benefits to be derived by such a policy. The finalized recommendation is expected to be presented to the government in February 2010," he said.
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"The coal price 30 years from now will surely be much higher. DEN’s recommendation is expected to be presented to the government in February 2010 "
- National Energy Board
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Rinaldi argued that keeping coal as a future energy source would give maximum benefit to Indonesia since the product`s price was expected to rise in the years ahead. In addition, the present coal production of 250 million tons per year would only reach its break-even point in the next 20 to 30 years.
"The coal price 30 years from now will surely be much higher, " he said adding that stopping coal exports would also better ensure the fulfillment of future domestic needs.
DEN is an institution tasked to draw up formulas for national energy policies. It is chaired by President Susilo Bambang Yudhoyono with the vice president as vice chairman, and the energy and natural resources minister as executive chairman.
Indonesia has of late been experiencing power shortages that forced state electricity company PLN to impose rotating blackouts in the country`s major cities. The power crisis is expected to be overcome after the completion of the second phase of the government`s 10,000-MW power generation program.
Legislator Sutan Bhatoegana some time ago said the government had guaranteed that coal producers at home would increase their production from 230 million tons per annum to 280 million tons in order to help meet the domestic need for coal.
According to the Association of Indonesian Coal Mining Companies (APBI), Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons.
APBI`s chief public relations officer, Herman Heru Suprob, said on Wednesday the 2010 target was higher than last year`s which reached 254 million metric tons of which 85 percent was contributed by APBI members.
"If all goes well, we believe production in 2010 will reach 275 million to 280 million metric tons," he said.
Herman admitted the industry had had to deal with various problems in 2009 so that it was unable to reach its production target and even produced 20 percent less than the year before. One of the problems, he said, was licensing, particularly for mining in forested areas, a process that could take between six and 12 months to complete.
He said this had happened because of lack of coordination between the central administration, in this case the energy and mineral resources ministry and regional administrations as well as between provincial and district administrations. "The industry would suffer if they would go by themselves and become egocentric," he said.
According to a 2008 statistical energy survey, as quoted by the MBendi Information Services portal, Indonesia has coal reserves of 4,328 million ton. Indonesia is one of the leading exporters of sub-bituminous coal which represents the bulk of Indonesian coal production.
Based on the survey, Indonesia has coal production of 174.83 million tons in 2007, and consumption of 27.8 million tons oil equivalent. Most of Indonesia`s coal reserves are situated in the southern parts of Sumatra with the balance located in Kalimantan, West Java, and Sulawesi.
State-owned PT Tambang Bukit Asam (PTBA) is one of the five largest coal producers in Indonesia. In the past several years, almost a quarter (22 percent) of its production was exported to international markets, including Japan, Taiwan, Malaysia, Pakistan, Spain, France and Germany. The company has mineable reserves of approximately 7.3 billion tons or 17 percent of the total coal reserves in Indonesia.
For this year, PTBA has set itself the target of producing 14 million tons of coal and a sales turnover of Rp8.9 trillion. Of the sales turnover, Rp6 trillion was expected to come from exports and the rest from domestic coal sales.
At the same time, the volume of PTBA coal sales is projected at 12.224 million tons of which 4.46 million tons would be exported and 7.764 million tons sold at home.
The state-owned coal mining firm has also set aside Rp1.5 trillion to acquire other coal mining ventures in 2010. According to its President Director Sukrisno, PTBA is exploring the possibility of acquiring coal mining companies in Kalimantan while developing its existing coal mining operations.
Ar present PTBA was making a bid to acquire a "greenfield" mining concession (KP) in Kalimantan. "We are also interested in taking over mining ventures overseas such as in Australia and Africa," he added.
PTBA has been intensively looking for coal mining ventures at home it could acquire but would not yet do the same abroad in 2010. "Acquisitions overseas are included in our medium- and long-term plans," he said.
Source: Antara
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Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
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 gov ...
Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...
Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...
Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...
Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...
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- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
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