KONTAN.CO.ID - JAKARTA. Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that have slowed efforts to distribute coal to domestic power plants, a mining group executive said on Sunday. The world's biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia's state power utility reported dangerously low inventory levels of the fuel, putting Southeast Asia's biggest economy on the brink of widespread power outages. The move had sent global prices of the fuel up last week with international buyers monitoring closely discussion between Indonesian authorities and the local coal industry. An energy ministry official had pledged to review the ban after Jan. 5
Indonesia Holds Talks With Industry On Coal Distribution Problems, Export Ban
KONTAN.CO.ID - JAKARTA. Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that have slowed efforts to distribute coal to domestic power plants, a mining group executive said on Sunday. The world's biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia's state power utility reported dangerously low inventory levels of the fuel, putting Southeast Asia's biggest economy on the brink of widespread power outages. The move had sent global prices of the fuel up last week with international buyers monitoring closely discussion between Indonesian authorities and the local coal industry. An energy ministry official had pledged to review the ban after Jan. 5