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Analysis: Indonesian coal mining sector in limbo amid regulation uncertainties – sources

Singapore — The fate of seven major Indonesian thermal coal producers is hanging in the balance amid government regulation uncertainties after a mining contract for one of the miners was revoked, stoking fears of a similar rejection for other contracts coming up for renewal in the next couple of years. According to local media reports, three […]

Indonesia’s president signals a transition away from coal power

Indonesia’s president has reportedly signaled a major shift in energy policy, saying he wants to “start reducing the use of coal.” Such a policy would run counter to the administration’s previously stated long-term plans of fueling the country’s growing energy demand with coal, with 39 coal-fired plants under construction and 68 more announced. Indonesia is […]

Egat begins public hearings for Mae Moh coal plant units

The state-run Electricity Generating Authority of Thailand (Egat) will start public hearings with stakeholders and local communities on Saturday in a bid to repower two existing units of the Mae Moh coal-fired power plant in Lampang. Egat is budgeting 37 billion baht for development cost to repower Units 8 and 9 in Mae Moh district. […]

Vietnam Needs to Break Its Addiction to Chinese Coal

When it comes to the effects of global climate change, Vietnam is one of the world’s most at-risk nations. Rising sea levels threaten to inundate both the Mekong and Red River Deltas, potentially impacting tens of millions of people. Vietnam is also one of the fastest growing economies in the world, growing by 7.1 percent in 2018. […]

Thailand Boosts Imports of Russian Coal In January-May

Argus, citing market participants, reported that Thailand’s imports of Russian coal almost tripled on the year in January-May to 498,000 tonne from 164,000 tonne And Russian shipments to Thailand are expected to keep rising because of competitive prices. Russia became the third-largest coal supplier to Thailand this year, with its share of imports rising by […]

Indonesia’s coal price reference drops 11.73 percent

Indonesia’s coal price reference (HBA) dropped by 11.73 percent to US$71.92 per metric ton in July from $81.48 per metric ton in the previous month. Energy and Mineral Resources Ministry spokesman Agung Pribadi said on Thursday that the decline was due to external factors, particularly a production increase in China, import cuts by India and […]

Indonesia’s regulatory changes set to bring more uncertainty to coal sector

Nusa Dua, Indonesia INDONESIAN coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources. The Indonesian government is in the process of amending coal mining rules to enforce implementation of a 2009 mineral law that requires miners to convert their mining permits […]

Indonesia’s Bukit Asam aims coal gasification from new plants by 2024

NUSA DUA, Indonesia: Indonesian state coal miner PT Bukit Asam expects coal gasification from first of its four plants being built by the company near its mine in Tanjung Enim, South Sumatra by 2024, a company official said on Monday. The factories are being constructed in a consortium with state energy company Pertamina, state fertilizer […]

Indonesia to charge higher coal mining royalties under revised rules

JAKARTA, June 20 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has proposed revising regulations governing mining rights to include higher royalty payments and earlier applications for permit extensions. Under the proposals, royalties on coal sales to central government would rise to 15% from 13.5%, Bambang Gatot Ariyono, the ministry’s Director General of Coal and […]

Bumi Resources expects to sell 42 million tons of coal in first half

PT Bumi Resources (BUMI), Indonesia’s largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million tons, or 47 percent of its full-year target of 88-90 million tons. BUMI corporate secretary Dileep Srivastava said on Tuesday that the firm had sold 20 million tons of coal in […]