POST Online Media Lite Edition


Indonesia allows 37 coal ships to leave as export ban eased

Christian Fernsby |
Indonesia allowed 37 vessels loaded with coal to depart on Thursday in the strongest sign yet that the world's biggest thermal coal exporter is relaxing its ban on shipments.

Article continues below

Topics: INDONESIA   

A senior cabinet minister said in a statement the ban implemented on Jan. 1 had been eased for miners that have met a requirement to sell a portion of their output for local power generation, after the state utility procured enough coal to ensure 15 days of operation.

"I request that this is supervised closely so this also becomes a moment for us to improve domestic governance," Coordinating Minister of Maritime and Investment Affairs Luhut Pandjaitan said in the statement on Thursday.

The ships can carry a total of about 1 million tonnes of coal, a spokesperson for Luhut said. That compares to exports of around 30 million tonnes of coal in January of 2021 and 2020.

What to read next

Coal production and consumption decreased by a third in 2 years
Most coal plants in U.S. were built before 1990
U.S. coal consumption may hit 39-year low