Coal news and updates

Malaysia seeks ‘amicable’ solution to Indonesian coal export ban as Tenaga seeks alternative sources

The Malaysian government is in talks with Indonesia for an “amicable” solution to Jakarta’s coal export ban, as its largest power firm Tenaga Nasional Berhad (TNB) ramps up its search for alternative sources.

Miners in the region said the government-owned private power company’s fuel services department had put out a tender for spot purchases of coal in the past week as the ban drags on, putting more importers in the region on alert.

While Indonesia has signalled an easing of its restrictions, allowing a handful of coal-carrying vessels to depart, progress has been slow, contributing to jitters among importers in the region.