Banpu Indonesia produces 3.43 million tons of coal in Q2

Thai energy giant Banpu Plc. reported that its Indonesian coal production slightly increased to 3.433 million tons in the second quarter this year from the previous quarter of 3.254 million tons.

In a recent statement, Banpu said that its coal delivery in the second quarter declined to 2.854 million tons from 2.920 million tons in the previous quarter due to an unusually prolonged rainy season.

Banpu also said its Indonesian coal sales reached 4.846 billion bath or US$118 million in the second quarter, driven by an improvement in average selling price. The price was US$34.15 per ton, increasing 47 percent from last year, Banpu added.

Banpu operates seven coalmines in Indonesia including four which are already in production, that is Jorong Barutama Greston in South Kalimantan, Indominco Mandiri, Kitadin, and Trubaindo, which are all located in East Kalimantan.

The company has targeted to raise its production by 18 percent from 12.9 million tons last year to 15.3 million tons this year. (robert)

Banpu?s Coal Production, Sales and Reserves Q2 2005
Quantity (million tons)
Source	Reserves	Production	Reserves	Sales
	As of Mar 31, 2005	Apr - Jun 2005	As of Jun 30, 2005	Apr - Jun 2005
1. Jorong	32.456	0.721	31.735	0.615
2. Indominco	60.342	1.768	58.574	1.712
3. Kitadin	20.460	0.513	19.947	0.448
4. Trubaindo	66.888	0.431	66.457	0.079
5. Barasentosa	32.800	-	32.800	-
TOTAL	212.946	3.433	209.513	2.854