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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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- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
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