Prabowo readies energy BLU to buy coal and gas for PLN
Draft presidential regulation would give the BLU authority to buy supplies, deliver them to plants and hedge prices.
Republika, CNBC Indonesia
Draft presidential regulation would give the BLU authority to buy supplies, deliver them to plants and hedge prices.
Initial markets targeted include fertilizer, refining, petrochemicals, steel, and chemicals before expanding into e-SAF for aviation.
By May, only 144 million tons of the 154 million-ton 2026 need had been contracted, with 130.5 million tons expected to ship.