Domestic Coal Supply Secured; Luhut Says Govt Launching 37 Ships for Exports

Translator

Ririe Ranggasari

Editor

Petir Garda Bhwana

Kamis, 13 Januari 2022 12:37 WIB

Coal loading and unloading activities at the KCN Marunda pier, Jakarta, Wednesday, January 5, 2022. The government requires private companies, state-owned enterprises and mining subsidiaries to prioritize domestic coal needs. TEMPO/Tony Hartawan

TEMPO.CO, Jakarta - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan chaired a coordination meeting on the Coal Export Ban and PLN's Coal Fulfillment today. In the meeting, the government agreed to launch 37 ships for export.

"Considering that the domestic stock is in a safe condition based on PLN's report, 37 vessels that have been loaded as of January 12 and received payments from buyers will sail for export," Luhut said in a written statement, Thursday, January 13.

Luhut said that the shipment is necessary to prevent risks of fire if the coals are stored for too long. However, the coal companies that supply the ships will be fined if they had not fulfilled their DMO and/or contract to PLN in 2021.

In the meeting today, PLN president director Darmawan Prasodjo ensured the company has enough coal supply for its power plants, which is 15 HOP. The critical level of coal supplies for steam power plants is 20 HOP.

It was also decided that companies that have fully met their DMO (100%) are allowed to resume exports in 2022.

Read: Indonesia Allows Coal Exports on Conditions

CAESAR AKBAR

Related News

Prabowo Urged Not to Bring 'Toxic' People into Cabinet

8 jam lalu

Prabowo Urged Not to Bring 'Toxic' People into Cabinet

Coordinating Minister Luhut's suggestion to Prabowo not to include 'toxic' people in the new cabinet has sparked a polemic.

Read More

Starlink Launch in Indonesia Set for Next 2 Weeks, Minister Luhut Says

23 jam lalu

Starlink Launch in Indonesia Set for Next 2 Weeks, Minister Luhut Says

SpaceX's satellite constellation, Starlink, will launch its broadband services in Indonesia in the next two weeks, according to Minister Luhut.

Read More

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

3 hari lalu

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

Turkey stopped all exports and imports to and from Israel as of Thursday, May 2, the Turkish trade ministry said.

Read More

Foreign Media Highlight Luhut's Dual Citizenship Offer for Indonesian Diaspora

5 hari lalu

Foreign Media Highlight Luhut's Dual Citizenship Offer for Indonesian Diaspora

Foreign media highlighted Minister Luhut Pandjaitan's statement that the government plans to offer dual citizenship to Indonesian diaspora.

Read More

Indonesian Diaspora and LPEI Open Market Access for Indonesian SMEs to Canada

8 hari lalu

Indonesian Diaspora and LPEI Open Market Access for Indonesian SMEs to Canada

The Indonesian Export Financing Institution (LPEI) collaborates with the Indonesian Diaspora in Canada to penetrated the export market to Canada.

Read More

Indonesia Aims to Expand Mangosteen Export to Australia

12 hari lalu

Indonesia Aims to Expand Mangosteen Export to Australia

Indonesia's Trade Attach in Canberra said his side strives to continue pushing for Indonesian fruit exports to enter the Australian markets.

Read More

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

13 hari lalu

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

Statistics Indonesia or BPS assesses that the geopolitical conflict between Iran and Israel has no significant impact on Indonesian trade.

Read More

Indonesia-China Relations Will Get Stronger Under the Next Govt, Minister Says

15 hari lalu

Indonesia-China Relations Will Get Stronger Under the Next Govt, Minister Says

Coordinating Minister Luhut Binsar Pandjaitan expressed belief that Indonesia-China relations would get stronger under the next government.

Read More

Indonesia Releases Exports of Moringa Leaves, Coconut Charcoal to Asia and Europe

15 hari lalu

Indonesia Releases Exports of Moringa Leaves, Coconut Charcoal to Asia and Europe

Indonesia's Ministry of Agriculture officially released the exports of moringa leaves, coconut charcoal, tea during National Plantation Celebration.

Read More

Jokowi Appoints Luhut as Coordinator of Apple's Investment in IKN

18 hari lalu

Jokowi Appoints Luhut as Coordinator of Apple's Investment in IKN

Jokowi has appointed Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan as the coordinator for Apple's investment.

Read More