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Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
 On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a joint venture between the North-West Power Generation Company Bangladesh Limited (NWPGCL) and China National machinery Import and Export Corporation (CMC).
According to press release of company, the coal will be supplied to the 1st phase of the Payra 1320MW Thermal Power Plant which has been constructed at Kalapara Upazila located in the Patuakkhali District in southern Bangladesh.
The Agreement has an initial 10 years term from the date of commencement of delivery which is currently expected in June 2020 with a further 10 year extension option after this. In the meaning, the Bayan Resources will supply coal to BCPCL for commissioning purposes with this coal expected to commence delivery in Q3 2019.
The press release further noted that, the agreement volume for the initial 10 year period is 23 million tonnes which would value this Agreement at well over US$ 1 billion using current market pricing. The majority of the coal to be supplied under this Agreement will be produced from the Bayan's world-class Tabang project in East Kalimantan.
The President Director of Bayan, Dato' Dr. Low Tuck Kwong who attended the signing ceremony in Bangladesh, stated "This contract represents not only the beginning of a new relationship between our two companies but also a strengthening of the relationship between our two countries. Bayan is very honored to be selected as the first major coal supplier to the Payra 1320MW Thermal Power Plant and we envisage that, with this first step, Bayan's Tabang coal will become a well-accepted staple in Bangladesh’s growing power sector"
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Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 k ...
Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize
The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...
Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...
Thursday, 20 June 19
BUMI RESOURCES EXPECTS TO SELL 42 MILLION TONS OF COAL IN FIRST HALF - JAKARTA POST
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 to ...
Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
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- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- The University of Queensland
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
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