Borneo coal terminal
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Borneo coal terminal is a proposed coal export terminal at the Indonesian island of Borneo by Russian Railways and Thai Banpu Public Company.
Location
The map below shows the island of Borneo, where the terminal would be built.
Background
In April 2015 Russian Railways (RZD) and Thai Banpu Public Company signed a memorandum of understanding for railway infrastructure and a marine coal terminal. The rail would connect the terminal to Banpu's mining concession in East Kalimantan (Borneo Island) in Indonesia. The construction works are expected to start in 2016. The value of the project is estimated at US$2.5 billion. In order to carry out the two phase development project in Indonesia, RZD has established the company Kereta Api Borneo, an affiliate company of RZD Stroy JSC.[1][2]
In August 2016, the ministry confirmed that it had not seen any concrete steps taken by the Russian investors to build railways in Kalimantan, including no feasibility studies or route plans for a permit. Several obstacles were reportedly getting in the way of attracting investors, including low coal prices.[3]
As of September 2021, there have been no updates on the project.
Project Details
- Operator: Russian Railways and Thai Banpu Public Company
- Location: Borneo, Indonesia
- Proposed Coal Capacity (Tonnes):
- Status: Shelved
- Projected in service:
- Type: Exports
- Coal source: East Kalimantan (Borneo Island), Indonesia
- Cost: US$2.5 billion
- Financing:
Articles and Resources
Sources
- ↑ "Russian Railways signs agreement on railway construction on Borneo island," Russia & India Report, 8 April 2015
- ↑ "Russian Railways and Thailand’s Banpu sign MoU," Russian Railways, Apr 8, 2015
- ↑ "Ministry Questions Russian Commitment to Kalimantan Railway," KataData, Aug 8, 2016