Monday, 14 Nov 2011
The Jakarta Post reported that Indonesia's coal reserves with calorific values ranging from 3,000 to 3,800 kilocalories per kilogram amount to 10 billion tonnes. However, a domestic market for such coal does not yet exist.
The lowest calorific value currently used in the country is 4,200 kilocalories per kilogram. Coal with calorific values between 3,900 and 4,000 kilocalories per kilogram is mostly exported to India.
Data from the Energy and Mineral Resources Ministry shows that in 2011, the country's target is to produce 327 million tonnes of coal, comprising 35 million tonnes of low rank coal (3,800 kilocalories per kilogram to 4,500 kilocalories per kilogram); 198 million tonnes of medium rank coal (4,900 kilocalories per kilogram to 6,000 kilocalories per kilogram) and 94 million tonnes of high rank coal (5,700 kilocalories per kilogram to 6,000 kilocalories per kilogram).
In 2012, coal production is set for 332 million tonnes, comprising 29.3 million tonnes of low rank; 191.6 million tonnes of medium rank and 111.1 million tonnes of high rank.
In 2013, production is targeted at 337 million tonnes, comprising 29.7 million tonnes of low rank; 194.5 million tonnes of medium rank and 112.8 million tonnes of high rank.
Meanwhile, Bloomberg reported that Indonesia, the world's largest exporter of power station coal, cut the benchmark price for sales in November by 2.2%. The cost of coal with a gross energy value of 6,322 kilocalories was set at USD 116.65 per tonne as compared with USD 119.24 in October 2011.
(Sourced from www.thejakartapost.com)
The Jakarta Post reported that Indonesia's coal reserves with calorific values ranging from 3,000 to 3,800 kilocalories per kilogram amount to 10 billion tonnes. However, a domestic market for such coal does not yet exist.
The lowest calorific value currently used in the country is 4,200 kilocalories per kilogram. Coal with calorific values between 3,900 and 4,000 kilocalories per kilogram is mostly exported to India.
Data from the Energy and Mineral Resources Ministry shows that in 2011, the country's target is to produce 327 million tonnes of coal, comprising 35 million tonnes of low rank coal (3,800 kilocalories per kilogram to 4,500 kilocalories per kilogram); 198 million tonnes of medium rank coal (4,900 kilocalories per kilogram to 6,000 kilocalories per kilogram) and 94 million tonnes of high rank coal (5,700 kilocalories per kilogram to 6,000 kilocalories per kilogram).
In 2012, coal production is set for 332 million tonnes, comprising 29.3 million tonnes of low rank; 191.6 million tonnes of medium rank and 111.1 million tonnes of high rank.
In 2013, production is targeted at 337 million tonnes, comprising 29.7 million tonnes of low rank; 194.5 million tonnes of medium rank and 112.8 million tonnes of high rank.
Meanwhile, Bloomberg reported that Indonesia, the world's largest exporter of power station coal, cut the benchmark price for sales in November by 2.2%. The cost of coal with a gross energy value of 6,322 kilocalories was set at USD 116.65 per tonne as compared with USD 119.24 in October 2011.
(Sourced from www.thejakartapost.com)
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