Mercuria CSR Report 2020 - Flipbook - Page 26
Mercuria E&P Congo
Mercuria is the operator of four offshore exploration licenses in the Republic of
Congo with activities being conducted through a partnership with WNR Congo,
AOGC, and the National E&P company SNPC.
Phoenix Global Resources Plc.
Mercuria holds a non-operating, major equity in the publically traded, independent
O&G exploration and production company with assets primarily in Argentina; principally shale deposits in the Vaca Muerta formation.
P.T. Kalimantan Energi Lestari (KEL)
Mercuria has full ownership, and oversees commercial and physical operations of
the open-pit coal mine located in South Kalimantan with management teams in
both Jakarta and Kalimantan. The mine has substantial infrastructure (including
dedicated haul roads, a state-of-the-art coal wash plant and port facilities) and
over 1000 employees from the local community.
South Bend Ethanol, LLC
Mercuria holds full ownership of South Bend Ethanol which uses corn to produce
up to 100 million gallons per year of denatured fuel-grade ethanol, as well as related output of distillers grains (an animal feed-stock), corn oil and syrup. The
facility’s ethanol production is recognized by and participates under the US EPA’s
Renewable Fuel Standard Program.
Tailwind Energy
Mercuria holds a majority interest in Tailwind Energy which is an oil and gas developer with operating interests in offshore operations in the North and Irish Seas on
the UK Continental Shelf (UKCS). Current operations include the Conwy platform
in the East Irish Sea; the Triton Floating Production Storage and Offloading in the
North Sea with production from six sub-sea fields; and, minority non-operating interest in the Columbus field in the North Sea.
Terin Terminal
Mercuria had previously participated in a joint-venture and subsequently acquired
full equity ownership of the CPA Terminal in 4Q 2017 which is located in the port
city of Paranagua, Brazil. The facility was originally constructed in 2010 and has the
capability to manage imports / exports of petroleum hydrocarbons and chemicals,
currently managing receipts of gasoil / gasoline by ship / barge, rail and trucking.
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Unico Investments
Through Unico, Mercuria holds a majority interest in Canyon Coal whose core operations are located in Mpumalanga and Gauteng provinces of South Africa. Canyon’s current operations are comprised of the Hakhano, Singani, Khanye, Phalanndwa, Phalanndwa Extension and Ukufisa Collieries. The Hakhano and Singani
Collieries are located in Middelburg, Mpumalanga. The Phalanndwa and Phalanndwa Extension Collieries are located in Delmas, Mpumalanga. The Ukufisa Cooiery in Springs, and the Khanye Colliery in Bronkhorstspruit, Gauteng. All of the
mines produce a bituminous product that is used of local consumption and export
markets. Canyon seeks to supply the state owned utility, Eskom, in supporting
power generation for the growth of the South African economy.
