Adaro Energy update: Maritim Barito Perkasa

Friday, October 31 2014 - 01:12 AM WIB

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

PT Maritim Barito Perkasa (MBP)
MBP continued to prioritize Adaro over servicing new third party business. In 3Q14, coal volume for AI accounted for 91% and 97% of MBP?s total coal barged and coal loaded to ships, respectively. During the quarter, MBP continued barging the Balangan Coal, and started loading the Balangan Coal to customer vessels (end of edited excerpt)

? Units 3Q14 3Q13 3Q14 vs 3Q13 9M14 9M13 9M14 vs 9M13
Coal Barged Mt 8.09 7.08 14% 23.71 19.87 19%
Adaro Indonesia Mt 7.49 6.67 12% 22.54 18.73 20%
Balangan Coal Mt 0.33 - - 0.38 - -
Others Mt 0.27 0.41 (34)% 0.79 1.14 (31)%
Coal Loaded Mt 9.50 6.43 48% 27.28 14.72 85%
Adaro Indonesia Mt 9.27 6.43 44% 27.05 14.72 ?84%
Balangan Coal Mt 0.23 - - 0.23 - -
Others Mt - - - - - -

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