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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. trillion under the NZS.

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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1

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Pertamina to collaborate with Celanese to develop fuel ethanol projects using Celanese TCX process in Indonesia; use of lower-rank coal

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Celanese Corporation has entered into a Joint Statement of Cooperation to advance the development of fuel ethanol projects with Pertamina, the state-owned energy company of Indonesia. However, the company last year created a different business unit to help orchestrate and organize a potential fuel ethanol new line of business.

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Next Fuel signs definitive agreement to field-test in-situ microbial coal-to-gas technology in Indonesia

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a development stage company, has signed a definitive agreement with PT Enviro Energy to field-test Next Fuel’s microbial Coal-to-Gas technology (CTG) to determine the commercial viability of utilizing it to produce natural gas at PT Enviro Energy’s coal deposits in Indonesia. Next Fuel, Inc.,

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Celanese signs MOU with PERTAMINA to advance fuel ethanol projects in Indonesia using TCX process

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Celanese Corporation signed a Memorandum of Understanding (MOU) with Pertamina, the state-owned energy company of the Republic of Indonesia, and will begin the detailed project planning phase for the development of fuel ethanol projects in Indonesia. Earlier post.). Earlier post.). Earlier post.).

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China Regulators Approve Acquisition of Australian Coal Company

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China’s National Development and Reform Commission has approved the takeover of Australian coal company Felix Resources Ltd. by the state-owned Yanzhou Coal Mining Co Ltd, China’s fourth-largest coal producer. The two companies signed an agreement in August that Felix would be sold to Yanzhou Coal for AUD 16.95

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Eni-BP Joint Venture Awarded Coal-Bed Methane Project in Indonesia; Potential for First Integrated CBM to LNG Project

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A consortium led by BP-Eni 50:50 joint venture VICO has signed a production sharing contract (PSC) with the Government of Indonesia for the exploration and development of coalbed methane (CBM) resources on the Sanga-Sanga block in East Kalimantan, Indonesia. The Sanga-Sanga CBM PSC was awarded to a consortium comprising VICO (7.5%

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