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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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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- Sical Logistics Limited - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
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