Document 6567927

20 October 2014
EXPRESSIONS OF INTEREST
APPROXIMATELY 3 - 4 MTPA OF PERMANENT COAL EXPORT CAPACITY AT
RG TANNA COAL TERMINAL
Gladstone Ports Corporation Limited (GPC) is seeking immediate expressions of interest
from appropriate entities wishing to secure up to approximately 3 to 4 million tonnes per
annum of permanent coal export capacity at the RG Tanna Coal Terminal at the Port of
Gladstone (Available Capacity).
The Available Capacity:
•
is available from 1 December 2014 for a minimum term of 15 years;
•
includes corresponding stockpile area capacity at the RG Tanna Coal Terminal;
•
is priced at GPC’s current market rates for coal handling and export shipping
capacity;
•
will be charged on a “take or pay” basis; and
•
will be made available on GPC’s standard commercial terms, which will require any
successful entity taking up all or part of the Available Capacity to enter into a Coal
Handling Agreement with GPC.
The Available Capacity may be taken up as one parcel or may be allocated between several
parties expressing interest.
GPC expects that any successful entity taking up the Available Capacity will have secured
appropriate corresponding above and below-rail capacity to support the Available Capacity.
The RG Tanna Coal Terminal is owned and operated by GPC. Further information on GPC,
the RG Tanna Coal Terminal and the Port of Gladstone is available at:
http://www.gpcl.com.au/.
Expressions of interest for the Available Capacity are requested from interested parties by
3.00pm on Friday 7 November 2014 by providing written notice in accordance with the
instructions set out below.
If multiple entities seek to take up the Available Capacity, then GPC will allocate the
Available Capacity firstly to those entities prepared to take it up from 1 December 2014, and
then having regard to the following order of priority:
Ph: +61 7 4976 1333
Fax: +61 7 4972 3045
40 Goondoon St/PO Box 259, Gladstone QLD, 4680, AUSTRALIA
www.gpcl.com.au
Gladstone Ports Corporation Limited
ACN 131 965 896
ABN 96 263 788 242
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Customers that are a party to an existing Coal Handling Agreement with GPC in
respect of coal export capacity at the RG Tanna Coal Terminal.
Third parties who GPC considers hold the financial and other relevant resources to
perform its obligations under the Coal Handling Agreement.
Notwithstanding the allocation guidelines referred to above, GPC reserves its right to make
decisions in respect of the allocation of the Available Capacity that depart from those
guidelines, at its discretion.
Expressions of interest must be submitted in writing and include the following information:
•
name, ABN and contact details (including the authorised representative) of the entity
seeking the Available Capacity;
•
the date from which the Available Capacity is sought and proposed minimum term;
•
the volume (Mtpa) of Available Capacity sought (and any associated ramp-up
requirements);
•
the source mine/s from which the entity will supply coal for handling at the RG Tanna
Coal Terminal (if applicable);
•
reasonable details of the entity’s financial and other relevant resources which
demonstrate its ability to meet contractual commitments in respect of the Available
Capacity for the minimum term;
•
details of the corresponding above and below-rail capacity held (or intended to be
held) by the entity to support the Available Capacity; and
•
any approvals / timetable for a Coal Handling Agreement to be unconditional.
Expressions of interest should be directed by no later than 3.00pm on Friday 7 November
2014 to:
Alissa Castrisos, Senior Associate
King & Wood Mallesons
Level 33, Waterfront Place
1 Eagle Street, BRISBANE QLD 4000
[email protected]
+61 7 3244 8166
GPC advises that it intends to finalise all contractual arrangements in respect of the Available
Capacity by no later than 30 November 2014. GPC may require parties submitting an
expression of interest to enter into further confidentiality arrangements with GPC in order to
further progress in this process and obtain further detail in relation to the terms on which the
Available Capacity will be made available. Entities submitting an expression of interest
acknowledge that GPC may use the information provided in that expression of interest for the
purpose of evaluating the suitability or otherwise of that entity for the allocation of Available
Capacity, and may disclose that information to its shareholding Ministers or relevant officers
of a government agency (or their advisers) as required.
This request for expressions of interest is an invitation only and does not constitute an offer
which is capable of acceptance. No contract is entered into between GPC and any entity
that submits an expression of interest for the Available Capacity unless and until a Coal
Handling Agreement has been formally executed between the relevant parties.
For further enquiries please contact Alissa Castrisos of King & Wood Mallesons on +61 7
3244 8166.
FOR AND ON BEHALF OF GLADSTONE PORTS CORPORATION LIMITED
Ph: +61 7 4976 1333
Fax: +61 7 4972 3045
40 Goondoon St/PO Box 259, Gladstone QLD, 4680, AUSTRALIA
www.gpcl.com.au
Gladstone Ports Corporation Limited
ACN 131 965 896
ABN 96 263 788 242