PKN to ship 2nd handymax of trial coal to Indian customer

East Kalimantan low-rank coal producer Pesona Khatulistiwa Nusantara (PKN) said its would send another one handymax of trial coal to its first customer in India in February .

Marketing Manager Joy W. Sugoto told Petromindo.Com that the first handymax of trial coal has been received by the undisclosed customer on December 20, 2009. He said PKN has yet received notification from the buyer if the coal fit to its requirement.

?After receiving the second shipment, the buyer will decide whether or not to sign term contract,? he said.

PKN produces coal with CV of 5,100Kcal/kg (ADB), TM 43%, ash 3.5% and sulfur 0.15%.(denny)