❓ Dr. Steve Thomas questions the government about negotiations regarding the Collie Coal (Griffin) state agreement, specifically inquiring about the involvement of lenders like ICICI Bank and Sindhu Trade Links/Oceania Resources. The Minister confirms meetings with ICICI Bank and Oceania Resources.
AnsweredQoN 91Legislative Council
QuestionView source ↗
GRIFFIN COAL
91. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
Members might recognise a trend. I refer
to question without notice 2 asked on 14 February 2023 and the answer, which
states —
The government is currently engaging
with a number of parties, including the receivers and managers of Griffin Coal
and its lenders.
That was to negotiate the extension
of the Collie Coal (Griffin) state agreement, which is due to expire at the end
of June 2023.
(1) Who specifically is
representing the lenders to Griffin Coal in the negotiations?
(2) Is ICICI Bank part of these
negotiations or being consulted on the negotiations?
(3) If yes to (2), with which
person or persons representing ICICI Bank is the government negotiating?
(4) Has either
the Indian company Sindhu Trade Links or its Australian subsidiary Oceania
Resources been involved in the negotiations in any way?
(5) If yes to (4), will the
minister please specify that involvement?
91. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
Members might recognise a trend. I refer
to question without notice 2 asked on 14 February 2023 and the answer, which
states —
The government is currently engaging
with a number of parties, including the receivers and managers of Griffin Coal
and its lenders.
That was to negotiate the extension
of the Collie Coal (Griffin) state agreement, which is due to expire at the end
of June 2023.
(1) Who specifically is
representing the lenders to Griffin Coal in the negotiations?
(2) Is ICICI Bank part of these
negotiations or being consulted on the negotiations?
(3) If yes to (2), with which
person or persons representing ICICI Bank is the government negotiating?
(4) Has either
the Indian company Sindhu Trade Links or its Australian subsidiary Oceania
Resources been involved in the negotiations in any way?
(5) If yes to (4), will the
minister please specify that involvement?
AnswerView source ↗
I thank the honourable member for
some notice of the question.
(1)–(5) Commercial discussions between the state and
Griffin Coal's receivers, lenders and customers are ongoing . The
government will provide an update on a preferred approach once commercial
discussions are further progressed. As part
of the Griffin Coal commercial discussions, the government has met with
representatives of ICICI Bank and Oceania Resources as lenders to
Griffin Coal.
some notice of the question.
(1)–(5) Commercial discussions between the state and
Griffin Coal's receivers, lenders and customers are ongoing . The
government will provide an update on a preferred approach once commercial
discussions are further progressed. As part
of the Griffin Coal commercial discussions, the government has met with
representatives of ICICI Bank and Oceania Resources as lenders to
Griffin Coal.
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