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Monday, March 12, 2012

Ethiopia to Partner with Progress Gulf to import coal

Monday, 12 Mar 2012

It is reported that Ethiopia petroleum enterprise is negotiating with delegates of Progress Gulf to import 25,000 tons of anthracite coal for use in smaller cement factories with vertical furnaces.

The shipment is expected to cost an estimated USD 4.2 million to supply a portion of the 360,000 tons of coal which is the projected annual demand for the small cement plants in the country.

The procedure to procure the coal was conducted by the Ethiopian Petroleum Enterprise, under mandate from the Ministry of Trade, which invited 6 companies to make offers in a closed tender. Progress Gulf won the tender making an offer of 168.4 dollars per ton of anthracite coal according to sources at EPE.

Smaller factories expected to make use of the anthracite coal due to their vertical kilns that make the use of steam coal unfeasible include Abyssinia, CH Clinker, Enchini Medrock, Jemma and Huang Shan.

Source - 2merkato

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