INDONESIAN coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources. Read more at The Indonesia's regulatory changes set to bring more uncertainty to coal sector, Energy & Commodities - THE BUSINESS TIMES
considered preliminary and subject to uncertainty. World Coal Association Indonesia could consider a cost-based pricing mechanism (see page 10) for coal for domestic power generation The Government has a number of pricing options open to it to bring about a more sustainable mining industry (see page 10). Extending a cost-based pricing
Feb 24, 2020· Tug boats pull coal barges along the Mahakam River in Samarinda, East Kalimantan, on Dec. 31, 2017. Beginning May 2020, coal exporters will be required to use Indonesian-flagged ships.
MELBOURNE, April 20 (Reuters) - BHP Billiton is considering quitting its coal assets in Indonesia, where it recently started shipping steel-making coal from a small mine, amid uncertainty over ...
Energy in Indonesia describes energy and electricity production, consumption, import and export in Indonesia.In 2009 Indonesia produced oil, coal, natural gas and palm oil, utilised also as energy raw material in 2010. Renewable energy potential in Indonesia is high: solar, wind, hydro and geothermal energy. Tropical rain forests and peat land areas have extensive coal storage.
This page has economic forecasts for Indonesia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Indonesia economy.
Jun 27, 2019· Indonesia regulatory changes to bring more uncertainty to coal sector – by Fransiska Nangoy (Reuters U.S. – June 26, 2019) June 27, 2019 in Asia Mining, Coal, International Media Resource Articles
The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). Since the early 1990s, when the coal mining sector was reopened for foreign investment, Indonesia witnessed a robust increase in coal production, coal exports ...
Uncertainty looms large for Indonesian thermal coal export to China sxcoal.com Price, Import & Export, International, Thermal Coal 2020-06-24 17:38:27. Uncertainties loomed large for Indonesian thermal coal exports to China, after several utilities in Jiangsu province can..... The article is reserved for paid members. Please subscribe to access.
Jun 26, 2019· A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Mar 05, 2020· The miner and shipowners' associations were meeting weekly with Indonesian authorities in the lead-up to the May 1 implementation, the source said. "There is so much gap to bridge in implementation in terms of parties' standpoints and it could be a zero-sum game for the Indonesian shipping industry and Indonesian coal mining industry," he added.
(Viriya P. Singgih, Indonesia Pledges Leeway for Obedient Miners, JAKARTA POST (Jan. 16, 2017); Implementation of Mineral and Coal Mining Business Activities, Government Regulation No. 23/2010 (the Regulation) (Feb. 1, 2010, as amended Feb. 21, 2012), GLOBAL BUSINESS GUIDE.) The Regulation implements the Law on Mineral and Coal Mining.
Apr 23, 2020· Indonesia revises coal law to lift dry bulk sector Indonesia has finally revised its cabotage law, which now requires vessels under 15,000 dwt to be owned by Indonesia-based companies for the transport of coal beginning May 1. This implies that foreign-owned vessels can still be chartered in to ship coal from the country
Jun 26, 2019· Indonesia regulatory changes to bring more uncertainty to coal sector June 26, 2019, 7:48 pm | Admin NUSA DUA, Indonesia (Reuters) - Indonesian coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources.
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MUMBAI: Indian companies, cheering the Presidential decree forcing Coal India to fuel their power stations, face a fresh bout of uncertainty as Indonesia has proposed a 25% tax on coal exports which would make many plants unviable and encourage India to turn to Africa and Australia for fuel. Indonesia's industry ministry, which proposes to impose this tax to prevent overexploitation of its ...
Indonesian thermal coal suppliers and shipping companies are growing increasingly concerned as the May 1 implementation of a requirement to use local ships for exports draws closer, as the ...
Indonesian Coal Market News and Analysis Indonesia is the world's third-largest coal producer as well as one if its largest net exporters –... Industry monitoring & trends Coal
Jun 24, 2020· Taxes and royalties from Indonesian coal miners that hold CCoWs form an important part of state revenue, hence, we do not expect significant changes to the total outflows to the state. Some parallels could be drawn from the 2018 conversion of the mining license of the Grasberg gold and copper mine, operated by Freeport Indonesia.
"Welcome to the tenth edition of PwC Indonesia's Mining in Indonesia: Investment and Taxation Guide. Since the Law on Mineral and Coal Mining No. 4 of 2009 (the "Mining Law") was promulgated, various implementing regulations, including a number of amendments, have been issued by the Government in pursuing the goals of the Mining Law.
It is hard to imagine coal beds more different to Indonesian coal than those from Pennsylvania. ... then offers responses to ten questions to indicate the degree of uncertainty and research ...
Indonesia regulatory changes to bring more uncertainty to coal sector 0 Comments Indonesian coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources.
JAKARTA (RambuEnergy.com) – Indonesia's coal production reached 528 million tons (Mt) in 2018, representing an increase of 14.5% from previous year of 461 Mt, driven by an expansion of coal production of a number of companies, the Minister for Energy and Mineral Resources data revealed on Monday (Jan. 7). The realized production was higher than the government's revised 2018 production ...
Coal suppliers fear uncertainty over Indonesia's new shipping rules could hurt export demand. ... A source close to the matter said the Ministry of Trade had met with Indonesian coal miners last Thursday to explain the May 1 changes "without providing definitions for Indonesian-controlled ships.'
Jan 31, 2020· Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.