Indonesia keeps coal domestic market obligation rules unchanged for 2020

January 7, 2020, 5:10 pm | Admin

JAKARTA, Jan 7 (Reuters) - Indonesia’s Energy and Mineral Resources Ministry has decided to keep coal domestic market obligation at 25% and the price cap at $70 per tonne in 2020, it said in a statement on Tuesday.

Ministry officials last year said the government was considering lowering the mandatory coal sales to domestic power plant operators to 20% since many miners struggled to fulfill the requirements.

“The government’s commitment to continue with this policy is based on domestic demand consideration and business sustainability,” the statement said.

Last modified on January 8, 2020, 5:10 pm | 638