APBI Ensures All Members Have Returned to Carrying Out Coal Exports
The Indonesian Coal Mining Association (APBI) ensures that all member companies are now able to export coal. Previously, the government as of February 1, 2022 ensured that it had lifted the export ban policy that was implemented throughout January 2022.
APBI Executive Director Hendra Sinadia explained, after the lifting of the export ban by the government, export activities by APBI member companies have resumed. Hendra continued, the export ban last January caused delays in shipments for the export market. "Big companies may be able to do it in March, maybe it can only be completely normal (like) before the export ban," explained Hendra. Nevertheless, Hendra ensured that each company's situation was different depending on the existing export volume. On the other hand, the Ministry of Energy and Mineral Resources previously issued the Decree of the Minister of Energy and Mineral Resources Number 13 of 2022 concerning Guidelines for the Imposition of Administrative Sanctions, the Prohibition of Selling Coal to Foreign Affairs and the Imposition of Fines and Compensation Funds for Fulfilling Domestic Coal Needs. This rule, among others, regulates the imposition of sanctions for coal companies that do not fulfill their Domestic Market Obligation (DMO) commitments.
|•SOURCE•| Articles :KONTAN | Image :POLITICS |
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