Vietnam trader seeks coal from Bengkulu
Thursday, July 23 2015 - 05:12 AM WIB
A Vietnamese coal trading company Long Thuan Investment Corp is inquiring for coal supply from Indonesia?s Bengkulu Province, an official at the company said to Petromindo.com on Wednesday. Long Thuan prefers low volatile matters coal.
?We actually need coal supplies from mines that have low volatile matters not more than 10 percent,? the official who declined to be named said.
According to the Vietnam National Power Master Plan VII for the period 2011-20 with a vision to 2030, thermal power will comprise a large portion of the country's power supply. Therefore, the demand for coal in power production will be high, while the domestic coal supply is not sufficient.
The ministry forecast that Vietnam will have to import an estimated 3 million tons to 4 million tons of coal in 2016, 35 million tons in 2020 and 80 million tons in 2025, as well as 135 million tons in 2030, for producing electricity.
Editing by Reiner Simanjuntak