Malaysia strengthens its cooperation with Indonesia to ensure a consistent supply of coal to ensure the stability of electricity generation sources in the country.
Minister of Energy and Natural Resources, Datuk Seri Takiyuddin Hassan said, cooperation between Indonesian coal suppliers with importers in Malaysia is essential in assuring supplies can meet the needs while the nation gears towards a carbon-neutral status by 2050.
This was mentioned during an exchange of contract documents between nine Indonesian coal suppliers with Tenaga Nasional Berhad subsidiary, TNB Fuel Services Sdn Bhd at the Ministry of Trade of the Republic of Indonesia.
Indonesia is the main supplier of coal to Malaysia followed by Australia, Russia, and South Africa. A total of 21.9 million metric tonnes of coal was supplied by Indonesia to Malaysia in 2021 with a contract value of USD 2.5 billion. Takiyuddin also hoped the collaboration would achieve the goal as expected, which was the stability of the electricity supply that will play an important role in advancing back economies affected by COVID-19.
