Germany took the lead in throwing a large order of 150 million tons!The coal here becomes "fragrant" ...

Coal in Indonesia suddenly became the "fragrant" in the eyes of Europe. Recently, some European countries have put forward the idea of ​​importing coal to Indonesia, and Germany has taken the lead in throwing a large list of 150 million tons. In the context of the continued rise of commodity prices in the international market, this huge demand from non -traditional markets is undoubtedly a great benefit to Indonesia's coal industry, but it is not so simple.

For a long time, European energy has mainly relied on Russia. In the 2020 coal imports, Russia accounted for 50.2%, and other 7.1%, 15.5%in the United States and 8.4%in Australia. Since the outbreak of the Russian and Ukraine conflict, Europe's acceleration of energy "from Russia" has also led to frequent energy crisis and showing a more intense.

The EU Council announced in April that the fifth round of sanctions on Russia had stopped purchasing, importing or transferring coal produced from Russia or exported from Russia from August. In order to fill the gap left by Russian energy supply, including coal, Europe has studied various possible choices, including finding a source of alternatives from the United States, the Middle East and even Africa, and restarting nuclear power or development of new energy, but still suffer Good strategy. Indonesia with rich coal reserves has therefore become a new goal of European countries.

According to the Indonesian Ministry of Energy and Mineral Resources in 2019, Indonesia's coal resources are 143.7 billion tons, with a reserves of 38.8 billion tons, which can continue to be mining until 2091 or about 70 years. In 2021, Indonesia's coal production reached 614 million tons, while domestic use was only 133 million tons. 78%was used for exports. It is the country with the largest power coal export in the world, mainly sold to China, Japan, Vietnam and India.

Indonesia actively responds to European proposals. Indonesia's Ministry of Energy and Mineral Resources Minerals and Coal Director Ridevan Dejammarin said on June 16 that the Ministry of Energy and Mineral Resources will ensure that domestic production capacity will remain relatively stable before the end of the year, and further improves coal with mining licenses. The company's output goals to meet the large needs of some non -traditional countries. He said, "Our coal sources are still sufficient, and some large coal companies have considerable reserves."

So far, Europe is not the main export destination of Indonesia's coal. On the one hand, it is because the transportation distance is far and the cost is higher; on the other hand, the European market has relatively high requirements for coal quality. Coal sent to the European market must use Panama -type and Holy Hope Corneuls. Therefore, Indonesia has only about 3%of the exports of the European market so far.

However, Indonesia has begun to increase coal exports to some European countries. Hedera Sidia, executive director of the Indonesian Coal Ministry of Coal mining, revealed that these European countries include Germany, Poland, Italy, Spain, and the Netherlands.

Hendella also requires the Indonesian government to provide support in mining equipment to increase production and ensure the required transport vessels. Hendella said that the demand in Europe has come relatively suddenly, and the recently raised production goals are relatively difficult to achieve, because the number of days of production was reduced by severe weather in the first quarter of this year. At the same time, due to funds, the exploration of upstream coal mines has also slowed down.

Relevant data shows that the production of coal production as of the middle of this year is relatively low, with only 2717.8 billion tons, of which 95.79 million tons are exported and 72.65 million tons of domestic sales. In addition, the "domestic market obligation" is 54.03 million tons. In January of this year, due to the emergency inventory of state -owned power plants, Indonesia implemented a monthly coal export ban, forcing coal companies to perform the "domestic market obligations", and supply coal supply to national power companies at $ 70 per ton than the international market price. At present, international coal prices have continued to strengthen, up 51.17%in the past three months. Data from the Newcastle Intercontinental Exchange on June 17 showed that the price of coal futures in July rose 0.41%to $ 346.4 per ton.

However, the Indonesian industry does not have no "far -sorrow". They are worried that the significant increase in coal mining production in order to meet European demand may lead to the unstable coal prices that have remained high in the near future. Some upstream coal mining companies have begun to re -calculate long -term market potential.

Xinjie Weido, chairman of the Indonesian Mining and Energy Forum, said that in order to achieve the goal of production, coal companies need to increase additional infrastructure investment and heavy equipment. How long, especially the transportation cost of exporting to the German market is very high.

At the same time, not all Indonesian coal companies can meet German coal quality requirements. Xin Jie said that Germany's current demand for coal in Indonesia is mainly due to insufficient supply of supply due to aging infrastructure and rising labor costs in South Africa, Colombia and Australia. It can be completed now, but it is obvious that "the quality of coal is relatively high, not all companies can do."

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