Tuesday, 16 January 2024 08:06

Fortunate Turn: Surge in Indonesia's Coal Exports in 2023

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has addressed the notable surge in Indonesia's coal export realization throughout 2023. This upswing is attributed to heightened demand from various nations, coupled with disruptions in alternative energy supply chains that have redirected attention to Indonesia. Arifin disclosed that the pressure to secure natural gas and coal supplies from geopolitically stable sources has shifted towards Indonesia, consequently boosting coal exports. Speaking at the Ministry of ESDM on Monday (15/1), he emphasized the impact of geopolitical dynamics on the increased export figures. With the rise in export realization, coal production has automatically experienced an uptick. In 2023, coal production reached an impressive 775 million tons, with export realization totaling 518 million tons and the Domestic Market Obligation (DMO) sector accounting for 213 million tons. Initially targeting a production of 695 million tons, the export goal remained at 518 million tons, and DMO was set at 177 million tons.


In comparison, the 2022 coal production stood at 687 million tons, with exports reaching 465 million tons and DMO at 216 million tons. As for the current year, the Ministry of ESDM has set a target of 710 million tons for coal production. Arifin Tasrif highlighted the dual factors of increased global demand and the strategic shift in the search for stable energy sources as key contributors to Indonesia's thriving coal export sector. The figures indicate a resilient coal industry that not only meets international demands but also plays a pivotal role in the domestic market, aligning with the Ministry's production targets for the year ahead. The robust performance of Indonesia's coal sector underscores its significance in the global energy landscape.

Source: https://industri.kontan.co.id/news/ketiban-berkah-ekspor-batubara-indonesia-di-tahun-2023-melejit

 

 

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