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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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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 biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...
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- Georgia Ports Authority, United States
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- Power Finance Corporation Ltd., India
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- Bharathi Cement Corporation - India
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- Eastern Energy - Thailand
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- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
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- Altura Mining Limited, Indonesia
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- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
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- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
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- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
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- Ministry of Transport, Egypt
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- Sakthi Sugars Limited - India
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- Edison Trading Spa - Italy
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- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
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- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Parliament of New Zealand
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- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
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- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
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- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
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- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
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- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- The Treasury - Australian Government
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- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
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- Tata Chemicals Ltd - India
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- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
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- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
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- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
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