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GEO ENERGY RESOURCES LIMITED | Annual Report 2012 7
6 5 FEBRUARY
2013
DECEMBER 2012 AND
JANUARY 2013
Growth Prospects
• China and India remain as two main export markets
of coal in Indonesia(1).
• Coal imports by China reported at 164.12 million
tonnes of coal from January to July 2012, a 55%
increase year-on-year(2).
• Domestic demand for coal expected to grow from
60 million tonnes in 2010 to 300 million tonnes in
2025(3).
• China and India expected to account for 67% and
33% of global coal growth to 2030(4).
(1) Source: Coal Asia (Dec 2011 – Jan 2012 Issue): “Exciting Coal
Outlook for 2012”.
(2) Source:The information was extracted from the General Admin-
istration of Customs of the People’s Republic of China’s website
www.customs.gov.cn on 12 August 2012.
(3) Source: Indonesia Coal Mining Outlook, presented by Bob Ka-
mandanu, Chairman of Indonesian Coal Mining Association at
IEAWorkshop, Beijing, 14 April 2011.
(4) Source: The information was extracted from the “Energy Out-
look 2030” booklet issued by BP, dated January 2012 which was
made available to the public.
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