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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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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- The University of Queensland
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
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