BND bandanna energy limited

interesting hmmmm

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    Indonesia may have to import coal by 2020 – Mr Helmi
    The Jakarta Post reported that Indonesia is currently the world’s biggest thermal coal exporter but Southeast Asia’s largest economy may have to import the fossil fuel in the next decade to meet its power needs.

    State-owned PT Perusahaan Listrik Negara coal division head Mr Helmi Najamuddin in an interview said recently that the country exported 305 million tons of coal last year but only consumed 67 million metric tonnes for domestic needs.

    He said that “Coal consumption was only 18% of the total output in 2012 as the rest was exported. But the domestic need for coal will surge in the coming years and we may have to import coal to meet the demand.”

    Mr Helmi cited research by Wood Mackenzie, an Edinburgh-based global energy research group, which said that while Indonesia’s coal reserves were only 3% of the world’s total resources, the country remains the biggest coal exporter in the world as its exports were higher than its domestic consumption.

    He said that “Next year, the country will need 67.8 million tonnes of coal to produce electricity [from both PLN and independent producers]. This may increase to 101.4 million metric tonnes in 2017 and 125.7 million tonnes in 2020, which means at that time we may have to import coal.”
 
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