Banpu 'unaffected' by China's Dalian Port ban

Corporate February 22, 2019 19:26

By The Nation

Banpu (BANPU), a leading integrated energy solutions company in Asia-Pacific, said in a press release on Friday that the company is unaffected by Northeast China's Dalian port banning Australian coal imports from this month.



The company said that it has a small coal sales volume imported from Australia to China and it does not deliver the coal via the affected ports.

Somruedee Chaimongkol, Chief Executive Officer, Banpu Public Company Limited, said: “The Company’s coal business in Australia is unaffected by the ban due to the insignificant volume of coal imports to China. Also, the Company does not deliver the coal via the affected five ports, namely Dalian, Bayuquan, Panjin, Dandong and Beiliang.

“Banpu Group places high importance on our capability and measure of handling potential changes and risks in every country that we operate. 

“This reflects that we are committed to become a leading integrated energy solutions company which aligns with our promise “Our Way in Energy”. 

“In addition, Banpu is continuously and sustainably expanding the growth of our businesses in 10 countries. The three core groups of businesses are Energy Resources (coal and gas including related operations such as marketing, training, logistics, fuel procurement, and transmission), Energy Generation (coal-fired and renewable power plants), and Energy Technology (total solar energy solutions, energy storage system and energy technology system). All of which goes in line with the Greener & Smarter strategy.” Somruedee said.