Indonesia, the world’s largest coal exporter, plans to reduce its export volume in the last quarter of this year, Indonesian Vice Minister of Energy and Mineral Resources Susilo Siswoutomo said on October 10.

The deputy minister said coal is a strategic natural resource and the decrease in coal production and export means Indonesia can benefit from this resource in the next 300 years.

The Indonesian Government has tightened control of coal export, requiring exporters to receive permission from the Ministry Energy and Mineral Resources and the Ministry of Trade.

According to the Ministry of Energy and Mineral Resources, the country plans to produce 425 million tonnes of coal this year, with 23.7 percent for domestic consumption and the remaining for export.-VNA