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Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
The Jakarta PostIndonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, according to Energy and Mineral Resources Ministry data, the Jakarta post reported. 
 
The ministry’s spokesperson, Agung Pribadi, estimated that this year’s production would exceed the target.
 
According the Jakarta Post, he explained that up to the end of November, production had reached 441 million tons and another 15 million tons were produced this month up to Thursday.
 
“Meanwhile, the coal that was sold through the domestic market obligation (DMO) scheme, had already reached 105 million tons up to the end of November. And up to the end of this year, the figure will reach 115 million tons,” he said.
 
The Jakarta post further noted that, it means that coal exports in the first 11 months reached 336 million tons — the total production up to the end of November minus the domestic consumption through the DMO scheme.
 
Initially, this year’s coal production target was 406 million tons as stated in the national mid-term development plan (RJPMN) for 2015 to 2019, but the ministry later revised the target to 485 million tons to try and get more foreign exchange.


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Recent News

Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal. ...


Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize A more positive start of the new year than expected for the big ships, with average gains of  US$ 500/day posted on the first tra ...


Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.  ...


Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...


Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...


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