Indonesia bans coal exports in January on domestic power worries

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Indonesia bans coal exports in January on domestic power worries
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Indonesia has banned coal exports in January due to concerns that low supplies at domestic power plants could lead to widespread blackouts, a senior official at the energy ministry said on Saturday.

The Southeast Asian country is the world's biggest exporter of thermal coal, exporting around 400 million tonnes in 2020. Its biggest customers are China, India, Japan and South Korea.

The Indonesian Coal Mining Association called on the energy minister to revoke the export ban, saying in a statement the policy was "taken hastily without being discussed with business players". The association said it was also concerned about potential disputes with buyers if coal producers declared force majeure for not being able to deliver coal exports.

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