Indonesia has banned coal exports in January 2022 due to concerns over low supplies for domestic power plants. Indonesia’s energy ministry instructed that all coal at harbours should be stored to supply power plants and independent power producers. The export ban will be evaluated and re examined based on the stock realisation of coal stocks for PLN's power plants and IPPIndonesia has a Domestic Market Obligation policy whereby coal miners must supply 25% of annual production to state utility Perusahaan Listrik Negara, at a maximum price of USD 70 per tonne, well below current market prices. In August 2021, Indonesia suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July last year.Indonesia is the world's biggest exporter of thermal coal, exporting around 400 million tonnes in 2020. Its biggest customers are China, India, Japan and South Korea.
Indonesia has banned coal exports in January 2022 due to concerns over low supplies for domestic power plants. Indonesia’s energy ministry instructed that all coal at harbours should be stored to supply power plants and independent power producers. The export ban will be evaluated and re examined based on the stock realisation of coal stocks for PLN's power plants and IPPIndonesia has a Domestic Market Obligation policy whereby coal miners must supply 25% of annual production to state utility Perusahaan Listrik Negara, at a maximum price of USD 70 per tonne, well below current market prices. In August 2021, Indonesia suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July last year.Indonesia is the world's biggest exporter of thermal coal, exporting around 400 million tonnes in 2020. Its biggest customers are China, India, Japan and South Korea.
