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NEWSFILES
TAMBANG 17 September 2013 | 19.02
Eighteen New Oil and Gas Blocks Are Available
Jakarta – TAMBANG. The Ministry of Energy and Mineral Resources announced that 18 new oil and gas blocks are available for investors who have the capacity to operate under the Production Sharing Contract (PSC) scheme.
TAMBANG 16 September 2013 | 18.52
Finance Minister: Royalty Adjustment is Final
Jakarta-TAMBANG. Chatib Basri as the Finance Minister has affirmed that the coal royalty adjustment plan has been finalized, after being seriously discussed by the Ministry of Energy and Mineral Resources and the parliament.
TAMBANG 12 September 2013 | 17.20
Rupee Plummets, India Orders for Low-Rank Coal
Jakarta-TAMBANG. Since coal export to China slows down early this month, the demand from India has been on the rise. PT Bukit Asam (Persero), Tbk. is one of the coal miners who intensely send its product to India. Milawarma, President Director of Bukit Asam, claimed that the rising demand is alongside India’s power shortage which caused black-out in nearly half of the country.
TAMBANG 12 September 2013 | 15.30
Coal Royalty Raised, Support and Services Companies Collapsed
Jakarta – TAMBANG. Indonesian government’s plan to raise royalty and export duty fee for coal commodity has brought a concern for coal mining companies, and also their services and support companies. Indonesia Coal Mining Association (APBI-ICMA) revealed a study which indicates that the policy would result in the cessation of 46% coal mines with 400,000 layoffs.
TAMBANG 11 September 2013 | 07.22
Gov’t Investment Unit Encourages Renewable Energy Investment
Jakarta-TAMBANG. Government Investment Unit (GIU) encourages the local governments and business entities to invest in renewable and efficient energy. Soritaon Siregar, President Director of GIU, said that the agency has the mandate to become a promoter for environmentally friendly development programs and to build investment partnerships between the government and the private sector.