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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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Showing 6081 to 6085 news of total 6871 |
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- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Australian Coal Association
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- The University of Queensland
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
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