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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT


China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand in the country, an Indonesian senior official said Wednesday.

Bambang Setiawan, director general of Minerals and Geothermal at the Mineral Resources Ministry, said the government's plan to limit coal export would be legalized through four decrees expected to be signed later this year.

The limitation is essential to secure the coal supply for state-run power plant PLN that will operate new power plants.

"PLN's new power plants could require 65-70 million tons a year," Bambang was quoted a saying by the detik.com.

He added that total coal production this year is estimated to reach 230 million tons with allocation for PLN's existing power plants at 40-46 million tons.
Source: China View



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Recent News

Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
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Friday, 20 November 09
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Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...


Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...


Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...


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