Indonesia Clears 37 Ships as Coal Export Ban Lifted

By Editorial Team 13/01/2022
Coal Mining
Summary

The Indonesian government has officially lifted the coal export ban in stages starting Wednesday night. "Exports will gradually resume, as long as the domestic market obligation (DMO) of coal mining companies is fulfilled," Coordinating Maritime Affairs and Investment Minister Luhut Binsar Panjaitan after a virtual meeting with several ministries and institutions, including PT Perusahaan Listrik Negara (PLN) and the Maritime Security Agency (Bakamla) on 12 January.

Luhut said the government allowed 37 fully loaded coal vessels stuck in ports since the beginning of the ban to depart. Coal supplies at all steam power plants (PLTU) owned by PLN and independent power producers (IPP) are now safe. "It's safe, there will be no blackout. So, the 15-day coal reserves for PLTUs (coal-fired power plants) that are near have been fulfilled. For PLTUs that are far away, the 20-days coal reserves have also been fulfilled," he elaborated.

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