Introduction
Indonesia is one of the world’s largest producers and exporters of coal, with an estimated 37.6 billion tons of coal reserves. The country’s coal industry has grown significantly over the years, driven by rising global demand and the need for energy security.
Key factors
Indonesia is the world’s fifth-largest coal producer, accounting for around 6% of global production. The country’s coal reserves are primarily located in the islands of Sumatra, Kalimantan, and Sulawesi. Thermal coal is the main type of coal produced in Indonesia, used for power generation and industrial applications. Indonesia coal industry is dominated by state-owned enterprises, such as PT Bukit Asam and PT Tambang Batubara Bukit Asam, as well as private companies like PT Adaro Energy and PT Bayan Resources. The country’s coal exports are primarily destined for countries like China, India, Japan, and South Korea.
Indonesia coal price in Pakistan
As of August 2023, the Indonesian Energy and Mineral Resources Ministry has set the country’s coal reference price (HBA) at 179.9 U.S. dollars per metric ton, showing a decrease of over 141 U.S. dollars from the same month in 2022. Indonesia is one of the largest producers and exporters of coal worldwide
Indonesia Coal suppliers in Pakistan
Here are some Indonesian coal suppliers in Pakistan
My Coal Pvt Ltd:
My Coal Pvt Ltd is a well-known Indonesia coal supplier in Pakistan. They import Indonesian coal in bulk quantity and are preferred by industries in Pakistan for the supply of Indonesian coal.
Global Trading:
Global Trading is a supplier, facilitator, trader, and import of top-grade coal, Indonesian coal in Pakistan. They work with a large number of verified and proven miners, traders, and funders.
Grow More SMC:
Grow More SMC (Pakistan) is Pakistan’s largest bulk supplier of coal with guaranteed specifications and quality. They are also the largest industrial coal supplier in Pakistan
Indonesian coal suppliers in Pakistan offer a range of products and services, including bulk imports, quality assurance, and logistical support. When selecting a supplier, it’s essential to consider factors like product quality, pricing, and customer service to ensure a smooth and reliable supply chain.
Indonesia.
Coal companies working in Pakistan
Here are some Indonesian coal companies that work in Pakistan.
Indonesian Embassy in Islamabad:
The embassy promotes diversified Indonesian products in Pakistan, aside from palm oil.
Global Trading Co: Global Trading Company provides transportation and delivery of coal all over Pakistan from their storage yards in Karachi, Chichu ki Maliyan, and Taxila. They also have multiple coal storage facilities from Karachi to Taxila and a team of highly qualified people for quality inspection of coal.
My Coal Pvt Ltd:
The Indonesian Ambassador to Pakistan, My coal Pvt Ltd, met with local industry players in Lahore to promote bilateral cooperation and increase Pakistan’s imports of Indonesian coal.
Indonesia coal export
Indonesia coal exports reached an all-time high in 2023, with production increasing by 12% and exports by 10%. Key points regarding Indonesian coal exports include.
- Record-breaking production and exports: 775.2 million tons of coal were produced, and 508 million tons were exported in 2023.
- Global demand drives growth: Rising global energy demands, particularly from China and India, contribute to the increase in Indonesian coal exports.
- Domestic market obligations: The Indonesian government requires coal miners to allocate 25% of their production for domestic use to ensure a stable electricity supply.
- Export ban and its impact: A temporary export ban in January 2022 led to a global coal price surge, affecting economies in Asia.
- Environmental concerns: Indonesia’s dependence on coal raises environmental concerns, with efforts to phase out coal by the 2040s and decommission a quarter of coal mines by 2030.
- Target for 2024: Indonesia aims to produce 710 million tons of coal in 2024, with expectations of increased production and exports.
Indonesian coal exports have seen significant growth, driven by global demand and the country’s large coal reserves. However, there are ongoing efforts to balance economic needs with environmental concerns and reduce dependence on coal.
Indonesia coal import
Here is some information about Indonesia’s coal imports
- Value of coal imports: In 2022, Indonesia imported $3.62 billion worth of coal.
- Growth in coal imports: Indonesia’s coal imports increased by 59% in 2022 compared to 2021.
- Percentage of total import flow: Coal imports accounted for 1.52% of Indonesia’s total import flow in 2022.
- Latest value: In 2022, Indonesia’s coal imports were reported to be 11,793.87 thousand short tons.
- Average value: The average value of Indonesia’s coal imports between 1980 and 2022 was 1,827.52 thousand short tons.
- Global rankings: In 2022, Indonesia’s coal imports were higher than the global average of 7,958.16 thousand short tons based on data from 192 countries.
Indonesia is the world’s fourth-biggest coal producer, and the country’s coal mining industry accounts for approximately 6.6% of the nation’s GDP.
Indonesia coal news Pakistan
Here are some news headlines about Indonesian coal in Pakistan
- Indonesian coal exports support CPEC energy projects in Pakistan: Indonesia exports 8.51 million tons of coal, accounting for 26 percent of the total global coal exports.
- Indonesia offers coal for CPEC power projects: Indonesia can provide coal to Pakistan for power projects being developed under the China-Pakistan Economic Corridor (CPEC).
- Indonesia wants to supply coal to Pakistan under CPEC: Indonesia wants to export its natural resources to Pakistan to support power projects under the China Pakistan Economic Corridor (CPEC).
Indonesia is a significant player in the global coal market, and its coal exports have been supporting energy projects in Pakistan. The country has been exploring ways to increase its coal exports to Pakistan, which is one of the Belt and Road Initiative (BRI) countries where coal constitutes a major part of energy projects under the China-Pakistan Economic Corridor (CPEC).
Indonesia suspend coal supply news Pakistan
- Indonesia wants to supply coal to Pakistan under CPEC: Indonesia wants to export its natural resources to Pakistan to support power projects under the China Pakistan Economic Corridor (CPEC).
- Indonesia suspends coal exports: The Indonesian government temporarily banned coal exports from January 1 to January 31 after domestic stockpiles at the state-owned PT Perusahaan Listrik Negara (PLN) power plants fell to critically low levels.
- Global thermal coal supply plummets as Indonesia suspends exports: A shock decision by the Indonesian government to suspend some thermal coal exports to guarantee domestic supply could have a flow-on effect for Australian miners locked out of the Chinese market.
- In January 2022, Indonesia, the world’s fourth-biggest coal producer, temporarily banned coal exports after domestic stockpiles at the state-owned PT Perusahaan Listrik Negara (PLN) power plants fell to critically low levels. The ban was lifted on January 31, 2022.
Cash invoice format Indonesia coal
Maintaining proper documentation is crucial in the coal trade. A typical cash invoice format for Indonesia coal includes details such as the quantity of coal, price per ton, total amount, supplier and buyer details, and payment terms. This format ensures transparency and facilitates smooth financial transactions between parties.