In a bid to help meet growing demand for gas in the country, state coal miner Bukit Asam (PTBA) plans to build two coal gasification plants and explore coalbeds for methane, a top company executive said. — Excerpt from The Jakarta Globe.
Coal bed methane and gas are two “commodities” which are likely to be a hit in a future to replace crude oil and coal due to massive production and reserves depletion. I think Bukit Asam is on the right track to diversify its business, but the big question would be if it’s the right time. We’ll see.