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Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , Thailand's biggest energy firm, said on Wednesday it would conclude a plan to invest in coal mines in Indonesia over the next six months.
"We are in talks on the coal mine investment. It will be a joint investment to help our expansion," Chitrapongse Kwangsukstith, chairman of PTT International, told reporters.
PTT International, PTT's wholly owned overseas investment arm, would invest with partners in a mine in Kalimantan, he said.
PTT has said it was looking to buy more coal assets in Indonesia and Australia.
The latest deal was in April when PTT spent $335 million to buy part of Australian miner Straits Resources' coal and salt assets. The deal marked PTT group's first foray into the coal business and its second investment in Australia.
Chitrapongse said he expected PTT to raise its coal output to 9 million tonnes this year from 7-8 million tonnes last year, then to 11-12 million tonnes in 2010 and at least 20 million tonnes in five years.
Under a five-year plan, PTT wanted to increase overseas revenue to 20 percent of group revenue from around 10 percent now, PTT finance executive Tevin Vongvanick said.
PTT, Thailand's biggest listed company with a market value of $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed.
...
Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...
Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...
Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...
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- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Minerals Council of Australia
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
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