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  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

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Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNBC Indonesia.
 
According to CNBC Indonesia reports, those 34 companies did not fulfilled their Domestic Market Obligation according to the sales contract with PT PLN (Persero) and/or PT PLN Batu Bara for the period 1 January to 31 July, 2021. The coal export ban made accordance with the Decree No.139.K/HK.02/MEM.B/2021 issued by Minister of Energy and Mineral Resources on August 4, 2021.
 
Based on documents received by CNBC Indonesia, CNBC says, the Director General of Mineral and Coal (Dirjen Minerba) of the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, has sent a letter regarding the "Prohibition of exporting Coal to Overseas" to the Director General of Foreign Trade, the Director General of Customs and Excise, and the Director General Sea Transportation on August 7, 2021. The letter required related departments for their corporation to freeze Registered Exporters (ET), not to issuing Goods Export Notification (PEB) and Sailing Approval Letter (SPB) for the purpose of exporting coal to overseas by 34 companies that mentioned in letter until they fulfill DMO.
 
CNBC Indonesia further reported, Director General of Mineral and Coal Ridwan Djamaluddin has confirmed the existence of sanctions of banning coal exports to the 34 coal companies for not meeting the DMO from January-July 2021.
 
Based on documents received from CNBC Indonesia, the following is a list of 34 coal companies that have been subject to a ban on coal exports:
1. PT Arutmin Indonesia
2. PT Ascon Indonesia Internasional
3. PT Bara Tabang
4. PT Batara Batari Sinergy Nusantara
5. PT Belgi Energy
6. PT Berkat Raya Optima
7. PT Borneo Indobara
8. PT Buana Eltra
9. PT Buana Rizki Armia
10. PT Dizamatra Powerindo
11. PT Global Energi Lestari
12. PT Golden Great Borneo
13. PT Grand Apple Indonesia
14. PT Hanson Energy
15. PT Inkatama Resources
16. PT Kasih Industri Indonesia
17. PT Mandiri Unggul Sejati
18. PT Mitra Maju Sukses
19. PT Nukkuwatu Lintas Nusantara
20. PT Oktasan Baruna Persada
21. PT Prima Multi Mineral
22. PT Prolindo Cipta Nusantara
23. PT Samantaka Batubara
24. PT Sarolangun Prima Coal
25. PT Sinar Borneo Sejahtera
26. PT Sumber Energi Sukses Makmur
27. PT Surya Mega Adiperkasa
28. PT Tanjung Raya Sentosa
29. PT Tepian Kenalu Putra Mandiri
30. PT Tiga Daya Energi
31. PT Titan Infra Energy
32. PT Tritunggal Bara Sejati
33. PT Usaha Maju Makmur
34. PT Virema Inpex.


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Recent News

Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...


Thursday, 11 November 21
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