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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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Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
Tuesday, 10 January 12
THE 4TH DEEPWATER ASIA CONGRESS 2012 WILL KICK OFF ON MAY 23 - 25
Press release - Based on the past three years’ success, SZ & W Group is excited to announce the 4th Deepwater Asia Congress will be held o ...
Monday, 09 January 12
2012: WHAT WILL IT BRING FOR THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A further increase in dry bulk demand could be the remedy for most of the industry's oversupply issues, together of course with the high level of s ...
Sunday, 08 January 12
ICICI OUTLOOK ON INDIAN POWER, MINING,CEMENT, AND SHIPPING SECTORS PERFORMANCE IN 2012
Broking firm, ICICIdirect (India) has come out with report on sectors outlook for 2012. IRIS has collated key highlights for each sector from ...
Sunday, 08 January 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7000 PER DAY - VISTAAR
Wish You a Very Happy and Prosperous New year 2012.
COALspot.com - The last report by us was on 16th Dec 2011 and because of holidays this would ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- The University of Queensland
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
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