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Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
 * To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , Thailand's biggest energy firm, said on Wednesday it would conclude a plan to invest in coal mines in Indonesia over the next six months.
"We are in talks on the coal mine investment. It will be a joint investment to help our expansion," Chitrapongse Kwangsukstith, chairman of PTT International, told reporters.
PTT International, PTT's wholly owned overseas investment arm, would invest with partners in a mine in Kalimantan, he said.
PTT has said it was looking to buy more coal assets in Indonesia and Australia.
The latest deal was in April when PTT spent $335 million to buy part of Australian miner Straits Resources' coal and salt assets. The deal marked PTT group's first foray into the coal business and its second investment in Australia.
Chitrapongse said he expected PTT to raise its coal output to 9 million tonnes this year from 7-8 million tonnes last year, then to 11-12 million tonnes in 2010 and at least 20 million tonnes in five years.
Under a five-year plan, PTT wanted to increase overseas revenue to 20 percent of group revenue from around 10 percent now, PTT finance executive Tevin Vongvanick said.
PTT, Thailand's biggest listed company with a market value of $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...
Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
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- Samtan Co., Ltd - South Korea
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- Bhushan Steel Limited - India
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- SMG Consultants - Indonesia
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- Port Waratah Coal Services - Australia
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- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
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- Ministry of Finance - Indonesia
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- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
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- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
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- Standard Chartered Bank - UAE
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- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
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- Oldendorff Carriers - Singapore
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- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
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- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
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- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
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- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
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- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- SMC Global Power, Philippines
- PTC India Limited - India
- Anglo American - United Kingdom
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
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- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
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- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Economic Council, Georgia
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- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
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