NEWS
Indonesia's ban on coal exports will have limited short-term impact on South Korea
The original problem:The south Korean government:Indonesia's ban on coal exports will have limited short-term impact on South Korea
South Korea's Ministry of Trade, Industry and Energy held an emergency meeting Wednesday to assess the impact of Indonesia's coal export ban on the country's domestic energy and electricity supply and demand, Korea Radio International reported.After the meeting, the Ministry of Trade, Industry and Energy said that due to the Indonesian government's measures, part of the coal shipment to Korea will be delayed, but 55 percent of the cargo has been loaded or set sail, and can be shipped to Korea normally.Overall, Indonesia's ban on coal exports will have a limited impact on South Korea's energy supply in the short term.
Indonesia has announced a ban on coal exports from January 2022 due to concerns over the country's lack of electricity supply.Indonesia is the world's largest exporter of thermal coal, exporting about 400 million tonnes in 2020.