Germany-Poland-India Eyeing RI Coal

Reuters

Jakarta, CNBC Indonesia – Indonesia will clearly experience a ‘collapsed durian’ from coal exports. Countries in the European Union such as Germany, Poland and even India have lobbied Indonesia to export their coal to these countries.


The demand for Indonesian coal is inseparable from the European Union countries that imposed sanctions on coal from Russia for the Russo-Ukrainian war.


As for India itself, the country of Bollywood is currently experiencing an electricity crisis due to a heat wave which has resulted in a high demand for coal for power plants.


Executive Director of the Indonesian Coal Mining Association (APBI), Hendra Sinadia confirmed, that there have been several requests for exports to Europe. In fact, there have been coal export activities carried out.


However, Hendra did not know the details of how much coal was exported to Europe. “The progress is good. I heard that there have been exports to several European countries. Yesterday afternoon with a buyer from Poland, the information is that there are exports running,” explained Hendra to CNBC Indonesia, Thursday (16/6/2022).


What is clear, Hendra said, APBI will continue to serve the requests of several potential buyers from Poland and Germany, facilitated by the local Indonesian Embassy.


“In addition, the Polish embassy is also actively facilitating companies from Poland visiting Jakarta,” said Hendra.


Previously, the Ministry of Energy and Mineral Resources (ESDM) noted that Germany expressed its desire to cooperate in supplying coal from Indonesia at a meeting between the Minister of Energy and Mineral Resources and the CEO of the Association of Coal Companies in Germany (VDKI).


Now, regarding India, said Hendra, he heard that at the end of this month there will be a visit from the Ministry of Coal Mining of India to Jakarta related to the demand for coal exports from Indonesia.


“It is reported that he will meet with the Director General of Mineral and Coal (Ridwan Djamaluddin) as well,” he said.


As is known, in 2022, Indonesia’s coal production is targeted to reach 663 million tons and domestic consumption of 165.7 million tons. Based on MODI data from the Ministry of Energy and Mineral Resources, as of June 16, 2022, Indonesia’s coal production has reached 270.24 million tons.