Adjustment Cost of Coal Benchmark Price

Director General of Mineral and Coal Regulation No. 999.K/30/DJB/2011 on Procedures for Determining Adjustment Cost of Coal Benchmark Price (“Regulation”) has been issued to implement Article 13 (4) of Minister of Energy and Mineral Resources Regulation No. 17 of 2010 on Procedures for Determining Mineral and Coal Sales Benchmark Prices.

The Regulation consists of nine articles and three appendices.

Article 1 defines important key terms that are used throughout the Regulation. The terms are, among others, Coal Benchmark Price (harga patokan batubara – HPB, as elaborated on in Article 1 (1)); coal price (as elaborated on in Article 1 (2)): vessel transportation cost (as elaborated on in Article 1 (7)).