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)

Coal Terminal: PT Indonesia Bulk Terminal (IBT)

PT IBT operates the South Pulau Laut coal terminal which is one of only two terminals in Indonesia authorized to provide common user coal handling and ship loading services to the coal industry. In 4Q12, the decrease in total throughput tonnage was mainly due to the absence of third party customers, as they preferred to load the coal through the less expensive Taboneo anchorage compared to barging the coal from the Barito River to the IBT terminal. (end of edited excerpt)

		Actual	Quarter on Quarter		Year on Year
Units		4Q12	3Q12	% Change	4Q11	% Change
Total Coal Loaded	Mt	0.72	0.65	11%	0.93	-22%
Adaro/Coaltrade	Mt	0.72	0.58	24%	0.44	64%
Third party	Mt	-	0.07	-100%	0.49	-100%
No of vessels loaded		10	9	11%	14	-29%

 

FY12 vs. FY11
	Units	FY12	FY11	% Change
Total Coal Loaded	Mt	3.80	4.39	-13%
Adaro/Coaltrade	Mt	2.41	2.10	15%
Third party	Mt	1.39	2.29	-39%
No of vessels loaded		55	65	-15%