Vietnam said its domestic sources can only meet 65% of coal demand for electricity production next year, which means 26 million tons must be imported. The country’s main coal import markets are Australia and Indonesia, but it has recently signed a deal with Laos.
Read MoreIndonesia aims to start implementing levies in January to help compensate coal miners selling to the state utility Perusahaan Listrik Negara (PLN) at reduced prices, reported Reuters. The plan follows a coal supply crunch at local power plants that forced the country to temporarily halt exports in early 2022. “This will create fairness and a level playing field,” said Energy…
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Australia’s biggest coal exporting state is set to finalise an order that will require all miners to save up to 10% of their production for domestic supply, as part of efforts to curb soaring energy costs, reported Reuters. Full story.
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