Adaro Energy update: Maritim Barito Perkasa

Tuesday, August 5 2014 - 12:52 AM WIB

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

PT Maritim Barito Perkasa (MBP)
In 2Q14, coal volume for AI accounted for 96% and 100% of MBP?s total coal barged and coal loaded to ships, respectively. During the quarter, MBP started barging the Balangan Coal; however, it did not load Balangan Coal as the coal was loaded through a self-geared vessel. MBP continued to prioritize Adaro over servicing new third party business. (end of edited excerpt)

  Units 2Q14 2Q13 2Q14 vs. 2Q13 1H14 1H13 1H14 vs. 1H13
Coal Barge Mt 8.07 6.81 19% 15.62  12.79 22%
Adaro Indonesia Mt 7.74 6.41  21% 15.05 12.06 25%
Balangan Coal Mt 0.05 - - 0.05 - -
Others Mt 0.28 0.40 (30)% 0.52 0.73 (29)%
Coal Loade Mt 9.06 4.60  97% 17.78 8.29 114%
Adaro Indonesia Mt 9.06 4.60 97% 17.78 8.29 114%
Balangan Coal Mt - - - - - -
Others Mt - - - - - -

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