Indonesia Has no Plan to Tax Coal Exports-energy Minister

Indonesia has no intention of imposing an export duty on coal but must control its coal for consumption and export, the energy minister said on Jun 7, 2012.

"We have never discussed that. I have to confirm to all coal companies that there is no plan to impose export duties," Energy and Minerals minister Jero Wacik said in Jakarta.

The government on Jun 4, 2012 said it was looking to impose controls on the industry in a bid to increase domestic revenue and better manage its natural resources. It also said an export tax on coal remains under consideration.

Some industry leaders criticised the government for the moves and warned it to avoid hasty policy announcements.