Indonesia Reopens Coal Exports Starting January 12

Summary

The Indonesian government has finally re-opened coal exports tap starting January 12 in stages for mining companies that have complied with the domestic market obligation (DMO). "Dozens of ships loaded with coal have been verified tonight. Tomorrow it will be dispatched," Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said on Monday.

Luhut did not specify which mining companies would get the coal export permit. What is clear is that in cross-ministerial meetings, the government also evaluates the DMO commitments of coal mining companies. "Later, we still want to see which [coal miners] still have coal DMO backlog to PLN. We will check it," he said. Luhut ensured that if mining companies have not fulfilled their DMO commitments, the government will impose sanctions and fines according to the provisions.

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