ID :
29470
Mon, 11/10/2008 - 18:44
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http://m.oananews.org//node/29470
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GOVT TO PREPARE 33.75 MILLION TONS OF COAL STOCKS
Jakarta, Nov 10 (ANTARA) - The government will prepare 33.75 million tons of coal stocks in 2009, Energy and Mineral Resources Minister Purnomo Yusgiantoro said here on Monday.
The minister said that the stocks would come from the government's 13.5 percent share of coal production by coal mining contractor companies (PKP2B), which reached 250 million tons per annum.
"With this stocks we could meet the need of the state-owned power company (PLN) for coals," he said.
Yusgiantoro said that in order meet its need for coal stocks PLN would establish a subsidiary, PT PLN Batubara.
He said that coal stocks which had good quality could be exported while that of lower quality could be consumed by PLN.
It was reported earlier that coal stocks at home are running low because a number of coal mining companies prefer to export their product to get a better price.
PLN has said it was planning to import 300,000 tons of coal from Australia following an increase in coal prices at home.
PLN head for coal energy affairs Pudji Widodo said last week the company had placed orders with 24 coal producers in Australia.
"We are planning to import coal in order to meet our need for the fuel for our coal-fired power plants (PLTUs) in Suralaya, Tanjung Jati B and Paiton," he said.
He said the coal stock for PLTU Suralaya were now only enough for less than 30 days, for PLTU Tanjung Jati B for only 23 days while PLTU Cilacap had to stop operations last week.
Widodo said the PLTUs would be operated by PT Paiton Energy Company from December 2008 to March 2009.
He said coal producers at home had set their price at US$116 per ton while the price of coal to be imported from Australia was only US$94 per ton.
The minister said that the stocks would come from the government's 13.5 percent share of coal production by coal mining contractor companies (PKP2B), which reached 250 million tons per annum.
"With this stocks we could meet the need of the state-owned power company (PLN) for coals," he said.
Yusgiantoro said that in order meet its need for coal stocks PLN would establish a subsidiary, PT PLN Batubara.
He said that coal stocks which had good quality could be exported while that of lower quality could be consumed by PLN.
It was reported earlier that coal stocks at home are running low because a number of coal mining companies prefer to export their product to get a better price.
PLN has said it was planning to import 300,000 tons of coal from Australia following an increase in coal prices at home.
PLN head for coal energy affairs Pudji Widodo said last week the company had placed orders with 24 coal producers in Australia.
"We are planning to import coal in order to meet our need for the fuel for our coal-fired power plants (PLTUs) in Suralaya, Tanjung Jati B and Paiton," he said.
He said the coal stock for PLTU Suralaya were now only enough for less than 30 days, for PLTU Tanjung Jati B for only 23 days while PLTU Cilacap had to stop operations last week.
Widodo said the PLTUs would be operated by PT Paiton Energy Company from December 2008 to March 2009.
He said coal producers at home had set their price at US$116 per ton while the price of coal to be imported from Australia was only US$94 per ton.