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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, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
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- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- The University of Queensland
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
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