We can still find other markets other than China such as India, South Korea and others."Nusa Dua, Bali (ANTARA News) - Minister of energy Jero Wacik said Indonesia is not worried about China`s plan to ban import of low rank coal from the country saying Indonesia could still find other markets.
"We can still find other markets other than China such as India, South Korea and others," he said when opening the 19th CoalTrans Asia conference here on Monday.
He said it was China`s right to do it and every country has its own policy.
Besides seeking other markets the minister said Indonesia could also increase its domestic market in exchange for the Chinese market.
So, Indonesia need not worry about it and until now national coal markets have not yet been affected, he said adding national coal production this year is expected to reach 391 million tons.
Jero Wacik nonetheless had called on coal producers not to be discouraged by the development and to continue to boost the country`s economic growth.
So, although the price of coal is down, producers must not only keep complaining but must work in cooperation with the government to increase coal contribution to national energy, he said.
Coal contribution is expected to rise from 24.5 percent to 33 percent by 2025 based on the national energy policy while the role of oil will be down from 49.7 percent to 20 percent.
(Uu.F004/H-YH/O001)
Editor: Priyambodo RH
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