Coal trade in disarray as export ban review delaye

2022.01.07 11:26:29

Smoke rises from chimneys of the Suralaya coal power plant in Cilegon, Banten, on Sept. 22, 2021.(AFP/Ronald Siagian)이미지 확대

Smoke rises from chimneys of the Suralaya coal power plant in Cilegon, Banten, on Sept. 22, 2021.(AFP/Ronald Siagian)

Indonesian authorities postponed a meeting with coal mining companies on Wednesday, leading to disarray on markets as coal miners consider declaring force majeure over an export ban that has left scores of ships moored off the coast. Representatives from the Indonesian Coal Mining Association (APBI) said the meeting scheduled for Wednesday, in which Trade Minister Muhammad Lutfi had been expected to review and clarify the ban, had not taken place. “We have yet to receive further information [on the review meeting] from the government,” APBI executive director Hendra Sinadia told The Jakarta Post on Thursday, adding that mining companies were currently focusing on resolving a supply shortage for state-owned electricity monopoly PLN.

https://www.thejakartapost.com/business/2022/01/06/coal-trade-in-disarray-as-export-ban-review-delayed.html

By Jakarta Post

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