Amid an ongoing energy crisis, European countries have turned to Southeast Asia’s coal and liquefied natural gas ( (LNG) producers to help offset the collapse of Russian supplies.
The EU’s prohibition on coal from Russia, which took effect in August, as well as Moscow’s decision to turn off gas supplies to certain European countries this month, have seen European buyers scrambling for coal from Indonesia, the world’s largest exporter of thermal coal.
As early as April, two months after the Russian invasion of Ukraine, the coal mining giant PT Adaro Energy Indonesia said it had sold 300,000 tons of coal to the Netherlands and Spain. Poland reportedly ordered 53,230 tons of coal from Indonesia in the same month.
But industry experts expect a surge in European imports by the end…
