Beringovsky coal terminal

From Global Energy Monitor

Beringovsky coal terminal is at the Beringovsky Port on the Bering Sea, in the Anadyrsky District of Chukotka Autonomous Okrug, Russia.

Location

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Background

In June 2014 Tigers Realm Coal (TIG) completed acquisition of the Beringovsky Port and Coal Terminal, located 35km to the north east of the Amaam North Project F coal mine, which began operations in 2017.

The Beringovsky Port has historically handled over 700 thousand tonnes of coal per year from the nearby Nagornaya mine. TIG planned to refurbish the terminal to at least 1 million tonne per annum (mtpa) capacity.[1]

In 2018-2019, TIG and its subsidiaries Beringpromugol and Port Ugolny produced 576 thousand tons of coal and shipped 393 thousand tons (214 for coking and 179 for power generation) to the Asia-Pacific region.[2]

As of November 2021, the TIG website stated that the Beringovsky Port is operating with 700,000 tonnes per year of capacity, and that TIG still planned to expand capacity up to 1 mtpa.[3] Other sources from November 2022 indicated that the port will undergo refurbishment and expansion with target capacity of 2 mtpa.[4][5] This is consistent with TIG's plan to increase the capacity of the mine to 2Mtpa.[6] It is planned to build an approach channel, utility networks, install modern navigation equipment and security systems as well as build three new berths, work was expected to begin in 2023 and last 4 years.[5]

In its 2022 Annual report, TIG reported that Amaam North Project F coal mine achieved production of 1.5 million tonnes, of which 796 thousand tonnes were delivered to Beringovsky caol terminal (in 2021 - 804 thousand tonnes).[6] In its corporate presentation dated August 2023, TIG stated that the 2022 throughput capacity of the port was 1Mt with four 500t barges, while the 5th 500t barge started operations in July 2023.[7]

In its 2023 Annual report, TIG reported that it delivered 1.1. million tonnes of coal to Beringovsky port and the port performance continued to improve remarkably. Transhipment costs tonne decreased from A$7.44 to A$5.43 (US$4.99 to US$3.54). Preparations for the 2023 shipping season included maintenance of the conveyor and loading system in the port, as well as the necessary minor repairs on the fleet and cranes.[8] Another source reported that the port handled 1.3 million tonnes of cargo 2023, with almost all cargo being coal.[9] It therefore appeared that the planned expansion to 2Mtpa of capacity was on-going.

In April 2024, Tigers Realm Coal entered into a binding agreement to dispose of all of its Russian assets for USD 49 million. Completion was subject to receiving the approval from Russian authorities.[10] As of October 2024, the transaction to sell the assets to a Russian company APM-Invest LLC was still on-going.[11]

Project Details

  • Owner: Port Ugolny LLC[4][6]
  • Parent: Tigers Realm Coal Limited (TIG)
  • Location: Anadyrsky District, Chukotka Autonomous Okrug, Russia
  • Capacity: 1 million tonnes per annum[7]
  • Status: Operating
  • Type: Exports
  • Source of Coal: Amaam North Project F coal mine

Project Expansion Details

  • Capacity: 1 million tonnes per annum[4]
  • Status: Construction
  • Start Year: 2027[5]

Articles and Resources

Sources

  1. "Beringovsky Port and Coal Terminal," TIG, accessed June 2015
  2. Первый угольный балкер загружается в порту Беринговский, Investment Portal of the Chukotka Autonomous Okrug, June 7, 2019
  3. Projects, Tigers Realm Coal, Accessed November 2021
  4. 4.0 4.1 4.2 "Порт Беринговский ждет реконструкция". seanews.ru. November 2022.{{cite web}}: CS1 maint: url-status (link)
  5. 5.0 5.1 5.2 "В 2023 году начнется реконструкции порта "Беринговский" на Чукотке". www.korabel.ru/. November 2022.{{cite web}}: CS1 maint: url-status (link)
  6. 6.0 6.1 6.2 "Tigers Realm Coal Limited report 2022". sharelinktechnologies.com. 2023.{{cite web}}: CS1 maint: url-status (link)
  7. 7.0 7.1 "AGM PRESENTATION (August 2023)". sharelinktechnologies.com. 2023.{{cite web}}: CS1 maint: url-status (link)
  8. "Tigers Realm Coal 2023 Annual report". www.listcorp.com. 2024.{{cite web}}: CS1 maint: url-status (link)
  9. "Порт федерального значения на Чукотке в 2023 году принял более 1,3 млн тонн грузов". tass.ru. December 2023.{{cite web}}: CS1 maint: url-status (link)
  10. "Company Overview - Sale of Russian Assets". www.tigersrealmcoal.com/. April 2024.{{cite web}}: CS1 maint: url-status (link)
  11. "ASX Release – Further Update on Sale of Russian Operations". app.sharelinktechnologies.com. October 2024.{{cite web}}: CS1 maint: url-status (link)

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External resources

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