Indonesia lifts coal export ban on 139 firms as firms met local market sales requirements aimed at averting a supply crunch

Coal is loaded onto barges at Karya Citra Nusantara (KCN) Marunda Port in Jakarta, Indonesia, on Wednesday, Jan. 19, 2022. Indonesia's government has eased a coal export ban for 139 companies as of Thursday, a senior energy ministry official said, after the firms met local market sales requirements aimed at averting a supply crunch and power outrages. - Bloomberg

JAKARTA, Jan 20 (Reuters): Indonesia's government has eased a coal export ban for 139 companies as of Thursday, a senior energy ministry official said, after the firms met local market sales requirements aimed at averting a supply crunch and power outrages.

The world's biggest thermal coal exporter on Jan. 1 imposed a month-long export ban without warning, causing jitters in markets and among major importers such as Japan, the Philippines and South Korea.