Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe Energy and Mineral Resources Ministry wants managing agency partners (MIPs) to start collecting coal levies in January in a bid to improve coal producers’ compliance with the industry's domestic market obligation (DMO).
The aim is to "flush out" shipments, Coordinating Maritime Affairs and Investment Minister Luhut Binsar Panjaitan said on Friday, but the frequent policy changes have unnerved edible oil markets and heightened concerns over global food prices at time when the Ukraine conflict has deprived markets of a chunk of sunflower oil supply.
Demand for coal from Indonesia, the biggest exporter of the commodity, is projected to grow at less than 1 percent starting in 2021 as global power industry investment shifts away from coal, although not necessarily toward renewables.
Indonesia’s largest gas distributor is keeping its options open to import cheaper gas to bring down prices and create a more supportive business environment for top-consuming industries as mandated by President Joko “Jokowi” Widodo.
The Indonesian Coal Mining Association (APBI) has called on the government to revise the domestic market obligation (DMO) scheme for coal, which requires a coal mining company to sell 25 percent of its production to the domestic market at a fixed price of US$70 per ton.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.