Tue, 22 Dec 1998

1.9m tons of coal exported

JAKARTA (JP): State-owned coal producer PT Tambang Batubara Bukit Asam said on Monday it had exported 1.9 million tons of coals this year.

The company president, R. Sunardi, said the exported portion represented only 18 percent of its annual output of 10.5 million tons.

Most of its output is sold to local independent power producers to generate electricity.

Sunardi said the company exported a portion of its output to earn better revenue as export prices of coal were better than local prices.

He said most coal exports went to Malaysia and Thailand. (29)