Indonesia to discuss how to continue biodiesel program amid falling fuel prices
JAKARTA: Indonesia’s ministry of economic affairs is set to discuss how the country will continue its ambitious biodiesel programme, a ministry official told Reuters on Wednesday. The economic affairs ministry will meeting on Wednesday to decide the government’s next moves to ensure the continuity of a mandate which requires biodiesel to have 30 per cent bio-content (B30) made […]
Bukit Asam to cut capex amid falling demand from PLN, India
State-owned coal miner PT Bukit Asam (PTBA) plans to cut its capital expenditure (capex) this year amid falling power demand in India and at home as the company books a sharp profit slump in the first quarter. The miner initially budgeted Rp 4 trillion (US$264.9 million) of capex for 2020, mostly to develop a giant coal-fired […]
Indonesia’s Bukit Asam reports Q1 output down 3.5 per cent, reviews target
JAKARTA: Indonesia’s PT Bukit Asam produced 5.5 million tonnes of coal in the January-March quarter, down 3.5 per cent from a year earlier, data from the state coal miner showed on Monday. The company aims to produce 30.3 million tonnes of coal this year and sell 29.9 million tonnes, but the targets may be downgraded due to disruptions linked to […]
Refusing to Lower Fuel Prices, Govt: Global Prices Not Stable Yet
TEMPO.CO, Jakarta – Energy and Mineral Resources (ESDM) Minister Arifin Tasrif confirmed that the government had not yet reduced fuel prices due to various considerations, including fluctuating prices of global crude oil lately. “The government still maintains the prices because global oil prices and the exchange rates are still unstable and may drop,” said Arifin during a meeting with the House of Representatives […]
Indonesia’s airports apply operational efficiency amid COVID-19: AP II
Jakarta (ANTARA) – Operational efficiency is critical to ensuring that Indonesia’s airline industry survives the impact of the new coronavirus pandemic, according to a top official of state-owned airport operator PT Angkasa Pura II (AP II).”The airports, under AP II, are currently operating by adapting themselves to passenger and flight traffic,” Director of Engineering at […]
Indonesian government to delay auction of geothermal working areas this year
The Ministry of Energy and Mineral Resources (ESDM) has postponed this year’s Geothermal Working Area (WKP) management offer. The Directorate General of New and Renewable Energy and Energy Conservation (EBTKE) had planned to offer five WKPs earlier this year. Geothermal Director Ida Nuryatin Finahari explained that the postponement of the WKP bid or auction was not […]
Indonesia rejects miners’ proposal to end nickel ore export ban
JAKARTA, April 29 (Reuters) – Indonesia’s Coordinating Ministry for Maritime Affairs and Investment has rejected a proposal by nickel miners to allow the export of nickel ore again, the ministry’s spokesman, Jodi Mahardi, told Reuters on Wednesday. The Indonesian nickel miners’ association (APNI) proposed this month that the country allow exports of nickel ore to cushion […]
Indonesia caps gas prices for power plants at $6/mmBtu
JAKARTA, April 27 (Reuters) – Indonesia has passed a new regulation to cap gas prices for power plants at $6 per million British thermal units (mmBtu), an official document published on Monday showed. The new pricing policy, which came into effect on April 7, applies to state-owned utility Perusahan Listrik Negara (PLN) and independent power producers.
