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Malaysia in Talks With Indonesia Over Coal Export Ban – SCMP

Miners said the government-owned power company’s fuel services department had put out a tender for spot purchases of coal in the past week


Malaysia
As Jakarta’s restrictions drag on, Malaysia’s largest power firm is turning to suppliers including Australia, South Africa and Russia. Photo: Reuters

 

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, according to the South China Morning Post.

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.

 

Read the full report: SCMP.

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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