Indonesia Plans to Use Sovereign Wealth Fund to Boost Coal Gasification Projects

DANANTARA - JAKARTA. Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, the country's energy minister said.

Indonesia, the world's top thermal coal producer, has been pushing to process low-rank coal to produce dimethyl ether to slash LPG imports, but previous projects have stalled due to foreign investors pulling out.

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