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Indonesia’s coal export ban rattles global market
REEI 2022/01/04
Indonesian coal miners are seeking a quick resolution to a government coal export ban that is already causing fuel prices to rise and could disrupt the energy needs of some of the world's biggest economies.
The world's biggest exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand.
But the prohibition risks undermining the energy needs of global economic linchpins China, India, Japan, and South Korea, which together received 73 per cent of Indonesian coal exports in 2021, according to shiptracking data from Kpler.
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