(By Eko Listiyorini, with assistance from Philip J. TBS Energi Utama Tbk, a leading mining company in Indonesia, which was recently selected as one of Forbes’ 2013 Best of the Best Companies in the nation and Finance Asia’s 7th Company Most Committed to Paying Good Dividends in 2015. Pandu Sjahrir is also the Vice President Director of PT. The higher international coal prices rise, the more likely local miners are to sell the remainder of their output overseas, which will increase the chance of another export disruption, Sjahrir said. He has also been the Director of PT Toba Bara Sejahtra Tbk from 2011 to the. Pandu currently serves as the Chairman of the Indonesian Coal Mining Association (APBI-ICMA). We bring you pandu sjahrir news coverage 24 hours a. Indonesia requires coal producers to supply at least 25% of output to meet local needs and sets a ceiling price for coal sold to local power plants at $70 per ton, a policy known as the domestic market obligation rule. Startup Investor Managing Director Indies Capital Partners Founder Partner AC. At TRT World, audiences can expect balanced, in-depth reporting with a focus on global responsibility. April is usually a low month for production, and this year it coincides with Ramadan, potentially further hampering output. Pandu Sjahrir is the CFO of Toba Bara Sejahtra (TBS), a leading mining company in Indonesia, which was recently selected as one of Forbes 2013 Best of the. Power plants can face supply shortages in periods of the year when coal output is crimped by factors including heavy rain, Sjahrir said. Indonesia is the world’s biggest coal exporter by tonnage, followed closely by Australia, with Russia a distant third, according to the International Energy Agency. Asia’s benchmark Newcastle coal price jumped 35% to a new record of $353.75 a ton on Friday, according to a weekly index compiled by IHS Markit and Argus. Key coal prices have roared to new records this month as utilities in Europe, along with other major consumers, hunt for alternatives to cargoes from Russia following the invasion of Ukraine. Coal prices surged in response, before shipments resumed in February. Indonesia paused exports in January after about 20 power plants warned they faced shutdowns because of dwindling stockpiles and a squeeze on fuel supply. 64.9k Followers, 1,378 Following, 164 Posts - See Instagram photos and videos from Pandu Sjahrir (pandusjahrir) pandusjahrir. “We just assume they’re going to stop exports again.” “There is potential for a disruption like what happened in January,” Sjahrir said in an interview Tuesday.
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