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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 Energy Ministry said on Tuesday.
Bambang Gatot Ariyono, the ministry’s director of coal and minerals, said BHP had informed the ministry that it had decided against seeking a partner to develop the project. “They came to us a few weeks ago and said they will keep a 100 percent stake in Maruwai,” he said.
Bambang speculated that the decision to retain full interest was based on signs that the global economy was recovering, which would increase demand for coal and raise prices. BHP is the world’s largest exporter of coking coal, which is used to make steel.
However, BHP spokesman Illtud Harri said on Tuesday that his company had not made a decision and was still reviewing the Maruwai project.
“We are continuing to review our commercial options in relation to the Maruwai coal project, including potential sale of part of our interests. We have sought further information on these sale options, through an expression-of-interest process involving a number of parties. That process is continuing,” he said.
BHP has sent mixed signals about the Maruwai project in the past year. In June 2009, it said it was reviewing the project with the intention of selling it, after suspending a plan to develop Maruwai’s Haju field, the first stage of the project, because it didn’t fit with its long-term corporate strategy.
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“We are continuing to review our commercial options in relation to the Maruwai coal project, including potential sale of part of our interests”
– Illtud Harri, BHPB
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Then, in December, BHP said it was considering selling the entire project or a 25 percent stake after reports that three state-owned companies and one private company were interested in buying the project outright.
In a meeting with the House of Representatives in January, BHP representatives said it was sticking with its initial projection that production would begin in 2014.
Indra Diannajaya, president director of PT Lahai Coal, a local subsidiary of BHP that was working in Maruwai before the project was put under review, said the Haju field required an investment of $500 million to $1 billion. Indra said it could initially produce 200,000 tons of coal a year, rising to 6 million tons after six years.
The Energy Ministry said on Tuesday the domestic companies interested in Maruwai were PT Bumi Resources, PT Medco Energi Internasional, PT Adaro Energy, PT Aneka Tam bang and PT Indika Energy.
Source: The Jakarta Globe
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Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...
Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
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Showing 6086 to 6090 news of total 6871 |
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- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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