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Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing company, located in Banjarmasin, South Kalimantan.
- Coal sales purchase agreement signed to supply coal to an Indonesian steel manufacturing group
- 8,000 – 10,000 tonnes per month of ADK coal to be delivered to the buyer
- Benchmark pricing with quarterly reviews
According to company’s press note, under the terms of this initial agreement, the off taker will purchase thermal coal from Orpheus Energy’s ADK Kintap mine f or one year, commencing December 2012, at the rate of 8,000 – 10,000 tonnes per month. The coal will be transported by truck to the steel operation, approximately 140km from ADK, for use in power generation at the facility.
The coal will be sold at benchmark pricing, with quarterly adjustments, and the coal specification requires the following characteristics: Calorific Value 5500-5300 Kcal/Kg (ADB), 33-35% Total Moisture (ADB), 2-4% Ash (ADB), and 0.5% Sulphur (ADB).
Executive Chairman Wayne Mitchell said: “ We recently told shareholders that we were in negotiations regarding longer term contracts for our ADK coal and we are now happy to announce our first off take agreement. The benchmark pricing outcome represents a vote of confidence in the company’s ability to deliver, and positions us t o sell increasing quantities of coal as our mines ’ capacity grows. This is an important milestone in our plans to establish Orpheus Energy as a significant supplier of coal to both export and Indonesian domestic markets”, a note from company said.
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Friday, 29 May 15
COAL PRODUCTION IN THE U.S. ALMOST FLAT THIS PAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.1 million short ...
Friday, 29 May 15
SOUTH KOREAN STATE-OWNED UTILITY KOREA MIDLAND POWER INVITES BIDS FOR 780K MT OF COAL FOR H2' 15
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to buy total 780K Metric Tons (MT) of HCV and LCV ...
Thursday, 28 May 15
TIMEBAR FOR DEMURRAGE CLAIMS - SKULD
KNOWLEDGE TO ELEVATE
English law has traditionally had a strict approach to contractually agreed time bars between commercial parties as well ...
Wednesday, 27 May 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Earlier in the year I looked at how the market was reacting to the prolonged fall of the price of oil. Back then it was still unclear if the fallin ...
Tuesday, 26 May 15
HOW HAS THE DROP IN OIL PRICES AFFECTED OTHER COMMODITIES? - CLYDE & CO
KNOWLEDGE TO ELEVATE
The effects of the dramatic drop in the price of both Ice March Brent, the international oil marker, and its US counterpa ...
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- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
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