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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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Monday, 25 June 12
RIO TINTO MAKES FIRST COAL SHIPMENT FROM MOZAMBIQUE
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes ...
Sunday, 24 June 12
SUPRAMAX FREIGHT MARKET FIRMED UP FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - This week all the segments gained and marked was firm in the Supramax and Handy size sector, where as the Cape and Panamax inde ...
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES
COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indone ...
Friday, 22 June 12
PRESENT SPOT WEAKNESS IS TEMPORARY, SEASONAL AND RISE AS WINTER APPROACHES - BUMI
COALspot.com - PT Bumi Resources Tbk, the world’s one of the largest coal producer and Indonesia’s largest multi grade coal miner has no ...
Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
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- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Aditya Birla Group - India
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
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