 Home > Chemicals Industry > International Chemical > Indonesia lifted the rule that coal exports must be shipped by the state

Indonesia lifted the rule that coal exports must be shipped by the state

 Last Update: 2023-01-02
 Source: Internet
 Author: User

Tags

historical coal prices

diamonds coal

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Indonesia's coordinating minister for maritime and investment affairs, Luhut Pandjaitan, told reporters on Wednesday that the Indonesian government would revoke rules
requiring coal and palm oil exporters to use national shipping companies for transportation.

Indonesia, the world's largest exporter of thermal coal, issued regulations in 2018 requiring its coal and palm oil exporters to use domestic shipping companies
from May.

Luhut Pandjaitan said the government has since concluded that the regulation will cause damage to exports and that General Joko Widodo has ordered the revocation of the regulation
.

"In the current situation, we should not destroy exports, so the president decided at a recent meeting that this provision
from the Ministry of Trade should be revoked," he said.
”

Earlier, the Indonesian Coal Miners' Association said that Indonesia's transport companies do not have enough ships to meet Indonesia's fuel export demand, which will cause great constraints
on exports.

The Indonesian Coal Miners' Association said last month that many Japanese coal buyers had sourced coal
from other countries and regions due to uncertainty over the implementation rules.

According to government planning, Indonesia plans to export 395 million tons of coal
in 2020.

outlet

Indonesia, the world's largest exporter of thermal coal, issued regulations in 2018 requiring its coal and palm oil exporters to use domestic shipping companies
from May.

Luhut Pandjaitan said the government has since concluded that the regulation will cause damage to exports and that General Joko Widodo has ordered the revocation of the regulation
.

"In the current situation, we should not destroy exports, so the president decided at a recent meeting that this provision
from the Ministry of Trade should be revoked," he said.
”

The Indonesian Coal Miners' Association said last month that many Japanese coal buyers had sourced coal
from other countries and regions due to uncertainty over the implementation rules.

According to government planning, Indonesia plans to export 395 million tons of coal
in 2020.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.