Adaro Energy update: Indonesia Bulk Terminal (IBT)

The following is an edited excerpt from IDX-listed energy firm PT.Adaro Energy's quarterly report released on Wednesday. (ed)

PT Indonesia Bulk Terminal (IBT)

IBT operates the South Pulau Laut Coal Terminal, which has an annual capacity of 12 million tonnes. In the second quarter of 2013, 94% of IBT coal volume came from AI and coal loaded decreased 21% q-o-q to 0.79 Mt from 1.00 Mt and 43% y-o-y from 1.40 Mt. Compared to 1Q13, the weather conditions during 2Q13 were more favourable and made it preferable for Adaro to load offshore. This resulted in the shifting of Adaro tonnages back to Taboneo, thus causing the decline of Adaro tonnage through IBT. (end of edited excerpt)

PT Indonesia Bulk Terminal
?	?	Actual	Quarter on Quarter		Year on Year
?	Units	2Q13	1Q13	% Change	2Q12	% Change
Total Coal Loaded????	Mt	0.79	1.00	-21%	1.40	-43%
Adaro	Mt	0.74	0.95	-22%	0.74	0%
Third party	Mt	0.05	0.05	0%	0.66	-92%
No of vessels loaded	?	11	14	-21%	20	-45%