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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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Saturday, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1 ...
Friday, 10 August 12
DRY BULK MARKET DROWNING FROM TONNAGE OVERSUPPLY - HELLENIC SHIPPING
The dry bulk market has been overflowing with new building vessels, despite the fact that demand is more or less (and minus the seasonal factors) ri ...
Thursday, 09 August 12
3RD ANNUAL SHALE GAS
Press Release - With the North American shale gas boom, IBC’s 3rd Annual Shale Gas explores optimal strategies to monetize Asia’s domest ...
Wednesday, 08 August 12
EXPLOITASI AIMS TO RAISE RP 2.7T FOR ACQUISITION - THE JAKARTA POST
The Jakarta Post reported that, publicly listed coal miner PT Exploitasi Energi Indonesia (CNKO) is seeking to raise Rp 2.7 trillion (US$286.2 milli ...
Tuesday, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Siam City Cement - Thailand
- Planning Commission, India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
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