Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe government plans to revise its domestic market obligation (DMO) on coal price next week during a high-level meeting with President Joko “Jokowi” Widodo, with among considerations being to increase state revenue from coal, the efforts of which are currently hampered because of the formula.
The Energy and Mineral Resources Ministry’s director general for oil and gas, Djoko Siswanto, told the press on Thursday that a deal to reduce the price of gas to US$7.08 per million British thermal units (mmbtu) was reached between local energy firm PT Medco E&P Malaka and Nanggroe Aceh Darussalam-based state fertilizer producer PT Pupuk Iskandar Muda (PIM).
A group of legal experts and environmentalists on Monday reported Energy and Mineral Resources Minister Ignasius Jonan to the Indonesian Ombudsman for alleged maladministration regarding newly issued regulations that provide further relief for the mineral export ban.
The government issued a fourth revision of Government Regulation No. 23/2010 on the management of mineral and coal businesses on Wednesday, allowing miners to continue exporting copper concentrates, certain amounts of low-grade nickel ore and washed bauxite.
As the deadline nears for the total ban on any raw and partly processed mineral product exports after Jan. 11, a draft government regulation dated Jan. 4 will continue the current easing of exports for partly processed mineral products.
Coordinating Maritime Affairs Minister Luhut Pandjaitan, whose task covers the supervision of the energy and mining sector, has insisted the government will not offer further relief in the export of raw and partly processed mineral products.
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.