Coal services upgrade

PORT Waratah Coal Services announces long-term commercial framework

PORT Waratah Coal Services (PWCS) today announced details of a long-term commercial framework intended to provide greater certainty for PWCS and its long term customers.

PWCS is seeking the consent and agreement of the NSW Government to amend the ‘common user’ lease provisions at PWCS’ Kooragang Island facility to have similar provisions to those in PWCS’ Carrington lease. The new system will enable PWCS to give preference to those customers who may not be able to obtain access to coal handling services from incoming coal loading operator, the Newcastle Coal Infrastructure Group (NCIG). PWCS has lodged a request with the Newcastle Port Corporation (NPC) to allow the changes to take effect from January 1, 2010 and has sought formal feedback for the next PWCS Board Meeting in late July.

“PWCS is positioning to further expand its operations and boost coal exports from 102 million tonnes per annum (mtpa) to 113 mtpa,” PWCS Chairman Eileen Doyle said.

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