ANNOUNCED AS TEMPORARYNo
Export licensing requirement
On 15 July 2014, the Indonesian Ministry of Trade announced new restrictions concerning the export of coal and coal-related products. The regulation 39/M-DAG/PER/7/2014 forces exporters of coal and coal-linked products (i.e. lignite, peat, coke, coal gas, mineral tars from coal, oils from coal tar and pitch coke from coal tar) to register with the ministry first. Upon obtaining a 'Eksportir Terdaftar Batubara'(listed coal exporter)-status, the companies will be then granted to export for three years before having to renew their status (art. 3, 39/M-DAG/PER/7/2014).
The new rules apply to both types of mining companies, namely Coal Contracts of Work (PKP2B) and Mining Business Permits (UIP).
The law was initially meant to come into effect on 1 September 2014 but was on 21 August 2014 delayed by a month (cf. 49/M-DAG/PER/8/2014).
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