KONTAN.CO.ID - JAKARTA. Only coal miners compliant with Indonesia's new regulations on domestic market sales will be cleared to restart shipments when a coal export ban expires next week, with 171 miners approved so far, a ministerial advisor said on Thursday. Those given the green light had either complied fully with a Domestic Market Obligation (DMO) on sales to the local market or agreed to pay fines, while many other miners were still being assessed, said Irwandy Arif, an advisor to the energy minister. His remarks indicate no wholesale resumption of shipments from the world's biggest thermal coal exporter after the Jan. 31 expiry of the ban, which Indonesia abruptly imposed at New Year to boost coal stocks at power plants and avert widespread outages.
Indonesia To Allow Only Compliant Firms To Restart Coal Exports When Ban Ends
KONTAN.CO.ID - JAKARTA. Only coal miners compliant with Indonesia's new regulations on domestic market sales will be cleared to restart shipments when a coal export ban expires next week, with 171 miners approved so far, a ministerial advisor said on Thursday. Those given the green light had either complied fully with a Domestic Market Obligation (DMO) on sales to the local market or agreed to pay fines, while many other miners were still being assessed, said Irwandy Arif, an advisor to the energy minister. His remarks indicate no wholesale resumption of shipments from the world's biggest thermal coal exporter after the Jan. 31 expiry of the ban, which Indonesia abruptly imposed at New Year to boost coal stocks at power plants and avert widespread outages.