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Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of bidding in upstream oil, gas and power generation, plus workshops focusing on joint ventures, project financing and geological outlook of Myanmar’s hydrocarbons.
The Myanmar Oil, Gas & Power sector is the last frontier market in South East Asia and the Myanmar government aims to accelerate growth by encouraging foreign direct investment. Organized by Myanmar's Ministry of Energy and CMT, the 2nd MOGP Summit is the platform for key officials, global and local energy/power companies and investors to receive first-hand information on latest regulatory reforms, oil and gas fiscal regime (e.g. Production Sharing Contract) and tax structure updates. The official speakers' panel will present investment opportunities as the second round of bidding invitation commence for the upstream oil, gas as well as electric power sector. Participants can also find out how they can participate in this growth and development from leading oil and gas operators in Myanmar. The first MOGP Summit (March 2012) was successfully organized and attended by over 150 companies from more than 35 countries.
Myanmar President U Thein Sein announced in June that the country will embark on a “second wave of reforms” in the Myanmar’s Energy Sector to encourage and increase participation from the private sector and foreign investment.
According to U Soe Myint, former Director-General from the Ministry of Energy, this new phase of reform calls for:
• A National Energy Management Committee is to be established at Planning Commission, for overall matters for the energy sector and to implement National Energy Policy for short and long term objectives
• The need to manage a systematic link between energy and electricity to meet the requirement of the country
• The need to trim down the state-own business while encouraging privatization
• The need to diversify types of fuels used for electricity generation
• The need for relevant pricing policy for energy, reflecting investor comfort and end-user affordability, in line with the international market practice.
Currently, Myanmar is inviting prospective IPPs and PPPs for the electric power sector and discussions are already on going. Official speakers from Ministry of Electric Power (1) and (2) will lay out their requirement to new power plants increase the power supply capacity, fuel mix and requirement, and their role to facilitate foreign investment.
In the oil and gas sector, details on the Second Round of bidding invitation will be discussed at this 2nd MOGP Summit, by the officials from Ministry of Energy that includes bids for deep and shallow-water blocks and onshore blocks. U Soe Myint also commented that there are already enquiries from energy majors, NOCs, IOCs on the imminent prospects of acquiring E & P blocks and opportunity of implementing energy infrastructure development projects in Myanmar. The summit will also highlight Exploration and Production (E&P) project developments from leading oil & gas operators in Myanmar, current oil & gas infrastructure and future plan and gas market/pipeline opportunities.
This summit will host full attendance from key officials from Ministry of Energy, Myanmar Oil and Gas Enterprise (MOGE), Ministry of Electric Power (1) and (2), as well as representatives from local oil, gas and power companies. 2nd MOGP Summit aims to bridge the connection between potential foreign investors and local companies, to tap into the potential in the booming oil, gas and power sector in Myanmar.
2nd MOGP Summit will be held at the Sedona Hotel Yangon, Myanmar. For registrations and enquiries, please contact Foo Huiyan at huiyan@cmtsp.com.sg or +65 6346 9113.
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Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...
Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...
Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...
Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...
Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the ...
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- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- The University of Queensland
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
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