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Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
 Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation of the TharPak Consortium (TharPak), which was created by a group of leading multi-national firms, joining forces to develop a Mega Energy Complex (MEC) in the Thar dessert of southeastern Pakistan (Sindh Province) based on the abundant lignite deposits located there. As a result of exploratory drilling over an area of approximately 9000 sq. km, a total of 175 billion tonnes of coal resource potential has been assessed by the Pakistan Geological Survey (PGS). The consortium plans to tap into a portion of that vast resource and put it to use for the benefit of Pakistan.
The Consortium has set its sights on lignite mining operations with an eventual aggregated production capacity of as much as 100 million tons per year to feed an 80,000 barrels per day Direct Coal to Liquids plant (DCL), 6,000 MW of power generation capacity, and urea production. These industrial processes will be supported by a Carbon Capture & Storage program (CCS), and a liquefied carbon dioxide production and transportation system for sale to Enhanced Oil Recovery (EOR) projects.
“Pakistan is suffering from an alarming energy deficit and on a per capita basis; it ranks among the bottom of nations in terms of installed capacity. And yet, the people of Pakistan have shown a remarkable resilience and continued to keep their economy afloat despite the severe handicap of unreliable power and expensive imported transportation fuels costing the nation over US$12 billion a year”, stated Steve Carpenter, Director Business Development of the Consortium. “With this energy deficit in mind, we believe that with the combination of our deep mining and engineering expertise and the use of commercially proven clean coal combustion technologies, TharPak will deliver a solution to what is holding Pakistan back from competing on a level playing field in the global economy; dependable, abundant and affordable energy. Matching that effort with facilities that will use lignite for the production of liquid fuels, urea and pipeline quality carbon dioxide promises to be a winning combination for Pakistan,” said Mr. Carpenter.
Members of TharPak recognize the myriad challenges that have held back development of the coal resources at Thar. Collectively, the team brings proven technologies and world-class advanced mining expertise to this endeavor. The aim of the consortium is to not only ensure that this meaningful resource gets put to use as rapidly as possible, but to do so in an environmentally responsible manner.
Mr. Hans Naumann, Chief Engineer of the Consortium points out that "when fully built out, the cumulative capital investment for the lignite mining operations alone will likely exceed US$10 billion. We are acutely aware that mining operations of this magnitude and the industrial processes attendant to them can cause social and environmental impacts if not carefully preplanned and vigorously monitored/adapted in the course of the project life cycle.
TharPak has secured the assistance of two internationally recognized research universities that will assist in the training and educational needs of the Pakistani workforce. The Virginia Center for Coal and Energy Research at VT (VCCER/VT) and West Virginia University’s National Research Center for Coal & Energy (NRCCE) will collaborate with TharPak on educational, technical, and research aspects of MEC.
About TharPak, LLC
TharPak, LLC has been specifically formed to organize and lead a consortium of multi-national companies that have been leaders in the push for Clean Coal technologies. TharPak has secured the only commercially proven Direct Coal to Liquids technology in the world for its project in Pakistan.
About Evan Energy
Headed by Mr. Morgan Massey, retired Chairman of Massey Energy, which was among the largest coal mining companies in the world till its recent merger with Alpha Natural Resources, Evan Energy is a leading international energy investment and consulting firm focused on coal and related industry.
About Marshall Miller & Associates, Inc. (MM&A)
Headquartered in Bluefield, VA, MM&A is a diverse consulting and engineering firm offering a wide spectrum of services to clients in North America, South America, Asia, and Europe. MM&A’s coal mine engineering expertise has been relied on around the world. Learn more at www.mma1.com.
About Advanced Resources International (ARI)
Headquartered in Washington DC, ARI is internationally recognized for its research and consulting services related to unconventional gas, enhanced oil recovery, environmental, engineering, and carbon sequestration. Learn more at www.adv-res.com.
About VCCER-VT
Located on the campus of Virginia Tech, The Virginia Center for Coal and Energy Research, (VCCER) conducts research in the areas of energy and coal development, environmental impacts of coal and energy, and sustainable development of energy and mineral resources. Learn more at www.energy.vt.edu/index.html.
About WVU-NRCCE
Located on the campus of West Virginia University, The National Research Center for Coal & Energy (NRCCE) is a research center and information clearinghouse dedicated to securing our nation's energy needs, protecting our environment, and promoting our economic development. Learn more at www.nrcce.wvu.edu.
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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...
Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pc ...
Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...
Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...
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- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
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