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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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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- White Energy Company Limited
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
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