Indonesia Coal Reserves Remain for 70 Years

Indonesia Coal Reserves Remain for 70 Years

Indonesia currently has 28 billion tons of coal reserves. A total of 17
billion are ready to be mined, the rest are still in proven reserves.

"Seventeen billion tons are ready to be mined, others in reserves form
amounting to 11.4 billion tons. In total 28 billion tons," said Director of
Coal Mining Development of the Ministry of Energy and Mineral Resources Sri
Raharjodi in a National Energy Resiliency discussion on Wednesday
(8/30/2017).

Sri confirmed that the amount can be dredged up to 70 years, because, one
billion tons of coal can be dredged within 2.5 years.

"If it is 28 billion just multiply by 2.5 years, so, well, it is about 60 to
70 years left. That is if the production level is like now and the
consumption is also like now, but it may fluctuate," Sri explained.

Nevertheless, he admitted that the large supply has not been compensated by
domestic demand. Thus, the ministry will seek to spur domestic demand
growth. Bearing in mind, the need for domestic coal is a priority for the
government.

"Domestic demand is still very low we believe with the 35,000 MW power
project, coal demand will increase in the future," concluded Sri.

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com