PTBA in coal supply talks with Napocor
Monday, August 13 2007 - 05:33 AM WIB
State coal mining firm PT.Tambang Batubara Bukit Asam said on Monday it was currently on talks with Philippine?s state electricity firm National power Corp. over long-term coal supply.
PTBA CEO Soekrisno told Petromindo.Com that talks are currently on going, bit so far, no conclusion had been reached regarding the volume, length of contract or price.
Phillipines? Inquirer.net reported on Friday that Napocor, backed by the country?s Department of Energy has held negotiations with PTBA for 500,000 metric tons of coal that can be delivered when need arises.
The deal is still being finalized, Energy Undersecretary Guillermo Balce said in a recent interview.(godang)