Durga Sakti to increase coal trade volume up to 1.5m tons in 2014

By Cepi Setiadi

Coal trading company, PT Durga Sakti Coal Energy aims to increase its coal trade volume by up to 50 percent, from 1 million tons in in 2013 to 1.5 million tons in 2014.

Business Development Director, Kumar Nandwani told Petromindo.com that the company is hoping for a better coal price next year. "Actually we expect to double our coal trade volume in 2014, but our realistic target is at the level of 1.5 million tons," Kumar said, adding that in 2012 before the bearish coal market started, the company booked coal trading volume of up to 1.7 million tons.

"We sold all of the coal to India," he said, adding that all of the coal are taken from Kalimantan.

Editing by Reiner Simanjuntak