07 Jan 2022

Indonesian coal export ban


There are reports that, as of 6 January 2022, a select group of 25 coal producers in Indonesia had been allowed to resume exports of thermal coal.

The problems began on 31 December 2021 when the Indonesian Ministry of Energy and Mineral Resources (ESDM) issued a policy temporarily prohibiting all Indonesian coal mining companies from exporting thermal coal throughout January 2022 to avoid outages in domestic energy production.

In our latest bulletin, we consider the likely consequences to sales contracts, letters of credit, charterparties and bills of lading.

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