"Asia Energy PLC is a London-based AIM quoted company whose primary activity is the development of the coal basin at Phulbari in Northwest Bangladesh into a world-class open pit coal mine
Its objective is to start mining activity in 2006 adhering to the highest national and international environmental and social standards. At full production, the mine will produce 15 million tonnes a year of mostly export quality metallurgical and thermal coal."
The demonstrations took place on Saturday 26th August
Then this statement on Asia Energy's website:
"Statement re. Suspension
31.08.06
Asia Energy PLC (“the Company”) became aware this morning of press reports quoting a junior minister in Bangladesh stating that the Bangladesh Government is cancelling all existing agreements with Asia Energy. The Company had not received any communication from the Government to this effect. In view of this the shares of Asia Energy were suspended from trading on the AIM Market at 08:40 hrs (BST) this morning.
The Company is seeking to clarify the reported remarks of that minister and to determine the Government’s position towards the Phulbari Project.
The shares of the Company will remain suspended from trading pending a further announcement.
The Company will keep the market informed of developments."
Asia Energy details
Address - London UK 2nd Floor, Foxglove House 166 - 168 PiccadillyLondonW1J 9EF
Other forms of communication tel: + 44 (0)20 7290 1630fax: +44 (0)20 7290 1631
As per previous posting we need to link this with the Climate Camp at Drax - UK company nicks coal from Bangladesh, fucking over people who live there, bring it here (note the 15 million tonnes/year is 'mostly export'), burn it at places like Drax, add emissions and fuel climate change which... floods places like Bangladesh. The science of climate chaos informs us that this is what is happening. With this prior knowledge, to continue with the act is thus Genocide.
Any good ideas for solidarity work/actions, or just do it...
Comments
Hide the following 3 comments
true and more true
08.09.2006 10:02
krs
theives game....
15.09.2006 11:44
I apologise for the rambling nature of this peice, I find this subject deeply fascinating an the other contributions extremely valuable, it is however important to examine the nature of power in these situations before we can discern quite where and why exploitation and injustice occurs. I also would like to add that I am in no way condoning the behaviour of such companies which can only be described as shameless greed!
joe
Homepage: http://www.thecollectivelounge.blogspot.com
Bangladesh needs Asia Energy, UK
01.08.2007 07:13
I understand the base load of our electrical power system could be generated from coal at present and later from nuclear energy.
Gas when used in combined cycle power stations generate the most energy efficient electrical energy. But in the case of Bangladesh almost all the base load generators are gas fired steam turbine power stations that are poor in efficiency and reliability. Thus these are actually wasting our gas. We could use high efficiency gas turbines to meet the peak demand only.
Even the existing steam turbine power stations can easily be converted to coal power stations.
Open minining of coal and lignite will provide us with necessary fuel for those existing and future steam turbine base load power stations. This method ensures the maximum possible recovery of coal, is actually in use in the existing lime stone mines of Sunamganj district of bangladesh and is within present readily available technologies.
The question of destruction of agricultural land and human habitat can effectively be compensated. Let us develop the low lying char areas of Greater Dinajpur and Greater Rangpur (i.e. the original british districts) into plain ground above high flood lelvel. Those lands remains under water for several months and can partly be used in agriculture. Essentially those lands remains unutilised. People living in those areas do not eat properly round the year and live a nomadic life away from civilization. The developed ground can be distrubuted among the present inhabitants and those replaced due to mining in districts mentioned above. The people affected be compensated graciously with more lands than those they are living behind for mining. The new land will be good for a three crop farming and be equipped with all modern agricultural technologies that I do not like to elaborate at this stage. These people will get a modern residential areas with furnished house and with modern farming equipment. This new residential area/areas will be connected to the capital city with a high-way and rail link.
The coperation from local inhabitants can be obtained if we can present them with a model of what compensation they can obtain from Asia Energy or for that matter any such interested mining company.
Thanking you.
SHEIKH DIN MOHAMMAD
SHEIKH DIN MOHAMMAD
e-mail: sultan1072003@yahoo.com