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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, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million ...
Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...
Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...
Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...
Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...
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- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
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