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 Friday. (ed)

PT Indonesia Bulk Terminal (IBT)

IBT operates the South Pulau Laut Coal Terminal. All of IBT coal volumes came from AI. Coal loaded decreased 35% q-o-q to 0.51 Mt from 0.79 Mt in 2Q13 and decreased 22% from 0.65 Mt in 3Q12. We increased shiploading activities at Taboneo and so tonnage at IBT declined. AI?s fuel for its operations is supplied through the fuel terminal which is a joint venture with Shell, located at IBT. (end of edited excerpt)