We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
 ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian Competition and Consumer Commission chairman Graeme Samuel says the agreement forged between the New South Wales Government, the port operator and coal producers, including BHP Billiton, gives certainty to the industry.
He says it is possible the deal will cut shipping queues at the port.
"It is looking like we will approve the reinstatement of the interim authorisations that were there to try and manage the queues at the port and to enable the parties to proceed towards putting in place the long-term ship or pay contracts that are an integral part of this long-term solution," Mr Samuel said.
He says approving the new agreement will add certainty to encourage investment in increasing the port's capacity.
"It will provide for increased capacity and thus the ability for ships to, rather than sit in a queue, to come through to the ports, take the coal that's coming from the Hunter Valley coal mines and then move it into export," he commented.
"That's what's been needed for some time now. But of course no investor was ever going to invest in expanded capacity until they had at least some assurance that their investment would earn a reasonable return; that is, would be paid for either by ships using it, or else by parties saying we'll pay for it if we don't have the necessary requirements to use the capacity.
"They will sign long-term what are called "ship or pay" contracts; that's contracts to either have ships use the capacity or else pay for it in any event. That will provide the certainty that investors need to expand the capacity of the port."
He says the ACCC has not seen all the details of the agreement, but has seen enough to demonstrate that it will be a step forward in improving the port's operation.
"We've only seen the bare bones of the agreement as was put to us last evening, but I'd have to say to you that the impression that we get, particularly in discussions with the New South Wales Government, is that this is an agreement that is binding on the parties. It does take the parties a long way forward now in terms of the implementation of a long-term solution," he said.
"If the agreements are in the form that we understand them to be, and we're only into the very initial sort of review and consultation phase, but if they are in the form, I think there's every expectation that what we've now taken is the big step needed towards the long-term solution with Port Waratah."
However, Mr Samuel says further investment in rail and other infrastructure is needed to substantially increase the capacity to export the Hunter Valley's coal.
"Our authorisation was initially intended to stop the ship queues or to reduce them. Ultimately we've said, you've got to find a long term solution to this," he said.
"All that you're doing at the moment is, by putting in place this queue allocation system, this capacity allocation system, you're just providing a temporary stop-gap measure, but you're not providing for a long-term solution. And you're actually reducing the overall ability for the Hunter Valley coal mines to export their coal."
Source: ABC
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...
Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...
Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...
Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...
Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
|
|
|
Showing 6511 to 6515 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
|
| |
| |
|
