IBT expects lower coal throughput

Coal terminal operator PT Indonesia Bulk Terminal (IBT), a unit of Indonesia-listed energy firm PT Adaro Energy Tbk is expecting a lower throughput for this year, the company?s official told Petromindo.Com.

The official did not provide the projected throughput figures for this year, but said last year the terminal's throuhgput reached 6.3 million tonnes.

In its quarterly report, Adaro Energy said it shipped a total of 820,000 tonnes of coal in the first quarter of the year, down 53 percent from 1.76 million tonnes in the corresponding period of last year.

The decrease in the coal shipment came as a result of the company?s strategy of maximizing the utilization of the Taboneo anchorage, the company said. As Adaro moves more of its transshipment activities to the open anchorage at Taboneo, IBT is focusing on coal handling and fuel services for third parties.

Compared to the previous quarter, the company?s total shipment was also down by 33 percent from 1.23 million tonnes.

IBT has installed throughput capacity of 12 million tonnes per year. (denny)