Gas Supply and Production Increases

Increased gas needs and production make exploration of new gas blocks or revitalize old blocks into a necessity.

The IEA PREDICTION is not wrong. However, the prediction was made before the discovery of gas in the Masela Block, Maluku and Makassar Straits, "said the Minister of Energy and Mineral Resources Ignatius Jonan when he became one of the speakers at 27th World Gas Conference in Washington DC, USA, Wednesday (27/6).

the Masela Block

Jonan said it answered the question of moderator Nobuo Tanaka. Tanaka said based on predicted International Energy Agency (IEA), in 2040, Indonesia became a gas importer.

"Do you agree with that prediction?" Tanaka asked.

For information, Indonesia will get additional gas capacity supply from Makassar Strait of 1,000 mmscfd (million standard cubic feet per day) and from Masela 1,200 mmscfd.

That does not include gas production in Rokan, Riau. Operators in the Masela Block are Inpex and Shell, while the operator in the Makkasar Strait is Chevron. Increased gas demand is partly due to the energy mix program. In his presentation, Jonan revealed that in 2025 the use of gas is targeted to reach 22% and in 2050 by 24%.

Inpex Corporation

The increased need for exploration of new gas blocks or revitalizing old blocks becomes a necessity. Therefore, at the end of his presentation, Jonan hopes the new oil and gas policy will attract more investors. Before becoming a speaker at the World Gas Forum. Jonan used the opportunity to explain the government's policy on oil and gas, among others, to the US Chamber of Commerce and the ASEAN-US Business Council.

"The government treats the equivalent of foreign investors and domestic investors," said Jonan.

Oil and gas investment

Charles Freeman, Senior Vice President for Asia at the US Chamber of Commerce and Industry, asked about the sustainability of investment in the oil and gas sector related to the 2019 election. The same applies to Elizabeth Dugan from the US-ASEAN Business Council. Jonan replied the government guarantee the political year will not hamper investment in the oil and gas sector.

"Therefore, investment in the oil and gas sector is a long-term investment," said Jonan.

Pertamina CEO Nicke Widyawati

One who accompanied the visit of the Minister of Energy and Mineral Resources Ignasius Jonan is Plut Pertamina CEO Nicke Widyawati. After listening to Jonan's exposure, Nicke explained that the biggest gas demand is for power plants and industries. In line with Jonan, Nicke said the increase in production becomes imperative.

"We certainly have to increase production. First by increasing production capacity and second building infrastructure, "She said.

Nicke asserted Pertamina's role in increasing gas production is very important.

"From start up, our gas production will increase as there are several working areas given to Pertamina. This will certainly increase our supply or upstream production capacity. Second, the infrastructure, namely gas pipeline and LNG, that must be built, "said Nicke.

Media Indonesia, Page-13, Friday, June 29, 2018

PT Radians Utama eyeing Mahakam block contract

PT Radiant Utama lnterinsco Tbk will enter the new and renewable energy generation business.

The declining oil price since 2015 to 2016 triggered PT Radiant Utama Interinsco Tbk seeking new contracts. Not only in the oil and gas sector, issuers coded RUIS shares in the Indonesia Stock Exchange also targeted jobs in other sub sectors such as power generation and renewable energy (EBT).

President Director of RUIS Sofwan Farisyi said it expands the business from the oil and gas sector to a company engaged in the energy sector. That way, the company hopes to get a contract also in renewable energy and renewable energy projects.

With this strategy, Sofwan targets to get a contract on hand of Rp 2.2 trillion until the end of the year. Currently RUIS - has booked on hand contract of Rp 2 Trillion, alias still remaining Rp 200 million. In order to achieve the target, RUIS is eyeing a major contract in the Mahakam Block Project which currently exists PT Pertamina Hulu Mahakam as operator. The new contract at Mahakam is a breath of fresh air for service companies like RUIS.

Total EP lndonesie which is a previous Mahakam Block contractor has lowered the investment in the block at the end of the contract. The reason, they do not get the certainty of contract extension from the government.

the Mahakam Block

But since the government decided Pertamina as the new operator of the Mahakam Block as of January 2018, the oil and gas services work in the Mahakam Block began to move again. Sofwan mentioned this year PT Pertamina Hulu Mahakam held 10 tender. The value reached Rp 1 trillion.

"We are targeting two to three contracts, the tender launching from July to August," he said in a public expose.

In addition to targeting contracts from the new tender in the Mahakam block this year, the company hopes to secure contract extension for the dredging vessels over the next three years in the Mahakam Block. Sofwan admitted that the contract extension of dredging ship contract with PT Pertamina Hulu Mahakam is almost complete.

"We were supposed to get a contract extension of the dredging, last Tuesday was the last negotiation," he said.

In addition to targeting projects in Mahakam, RUIS targets to get contract ship dredging in power projects owned by the State Electricity Company (PLN).

"We are trying to get a similar project at PLN power plant, we see that there is more sustain, electricity is needed," he said.

In addition to these two projects, PT Radiant Utama lnterinsco Tbk tries to target geothermal projects. One of them is a geothermal project in Sulawesi. However, RUIS's business development in geothermal projects is still constrained by low geothermal electricity tariffs. Though investing in geothermal projects requires large funds with a high enough risk level.

"The geothermal project in Sulawesi, but there are still obstacles in the rate of how much geothermal, geothermal investment is very expensive, there is a failure, but if successful will not end," he explained.

In addition to the new geothermal project, PT Radiant Utama Interinsco Tbk actually has a geothermal project that already operates, the Sorik Marapi Geothermal (SMGP) project. RUIS holds a 5% stake in the project.

The project is projected to produce geothermal 240 megawatts (MW). So far there have been five wells that have been drilled and confirmed there is a geothermal equivalent of 50 MW. He revealed, this year there are those who can enter the PLN system.

"Our target of delivery is 20 MW this year,". Currently it is conducting trials and has already generated about 2 MW of electricity. Electricity is given free to the public. In the near future there is the approval of PLN. "A total of 20 MW, it is expected to be implemented July-August," he added.

In addition to targeting to generate electricity this year, Sofwan also explained that his company targets to be able to get construction work in this Sorik Marapi geothermal project. The company's target work includes the construction of foundations, substations, and transmission of 20 kilovolts.

IN INDONESIA

PT. Radian Utama Mengincar Kontrak Blok Mahakam

PT Radiant Utama lnterinsco Tbk akan  masuk ke bisnis pembangkit energi baru dan terbarukan.

Harga minyak yang menurun sejak tahun 2015 hingga 2016 memicu PT Radiant Utama Interinsco Tbk berupaya mencari kontrak-kontrak baru. Tidak hanya di sektor migas, emiten berkode saham RUIS di Bursa Efek Indonesia tersebut juga mentarget pekerjaan di sub sektor lainnya seperti pembangkit listrik dan energi baru terbarukan (EBT).

Presiden Direktur RUIS Sofwan Farisyi menyatakan, pihaknya memperluas bisnis dari sektor minyak dan gas menjadi perusahaan yang bergerak di sektor energi. Dengan begitu, perseroan ini berharap bisa mendapat kontrak juga di proyek listrik dan energi baru terbarukan.

Dengan strategi tersebut, Sofwan menargetkan bisa mendapatkan kontrak on hand sebesar Rp 2,2 triliun hingga akhir tahun. Saat ini RUIS- sudah membukukan kontrak on hand sebesar Rp 2 Triliun, alias masih tersisa Rp 200 juta lagi. Agar mencapai target, RUIS sedang mengincar kontrak besar di Proyek Blok Mahakam yang saat ini ada PT Pertamina Hulu Mahakam sebagai operator. Kontrak baru di Mahakam ini menjadi angin segar bagi perusahaan jasa seperti RUIS.

Total EP lndonesie yang merupakan kontraktor Blok Mahakam sebelumnya telah menurunkan investasi di blok tersebut saat akhir kontrak. Penyebabnya, mereka tidak mendapatkan kepastian perpanjangan kontrak dari pemerintah.

Namun sejak pemerintah memutuskan Pertamina sebagai operator baru Blok Mahakam per Januari 2018, pekerjaan jasa migas di Blok Mahakam mulai bergerak kembali. Sofwan menyebut tahun ini PT Pertamina Hulu Mahakam mengadakan 10 tender. Nilainya mencapai Rp 1 triliun.

“Kami menargetkan mendapat dua sampai tiga kontrak, tendernya launch bulan Juli- Agustus," kata nya dalam paparan publik.

Selain mentarget kontrak dari tender baru di Blok Mahakam tahun ini, perseroan ini berharap bisa mendapatkan kepastian perpanjangan kontrak untuk kapal dredging selama tiga tahun ke depan di Blok Mahakam. Sofwan mengaku pembicaraan perpanjangan kontrak kapal dredging dengan PT Pertamina Hulu Mahakam hampir selesai. 

"Seharusnya kami mendapat perpanjangan kontrak dredging tersebut. Selasa kemarin adalah negosiasi terakhir," ungkapnya.

Selain mengincar proyek di Mahakam, RUIS menargetkan bisa mendapatkan kontrak kapal dredging di proyek-proyek pembangkit listrik milik Perusahaan Listrik Negara (PLN). 

"Kami coba mendapatkan proyek sejenis di pembangkit PLN. Kami melihat di sana lebih sustain, listrik terus dibutuhkan," katanya.

Selain kedua proyek tersebut, PT Radiant Utama lnterinsco Tbk mencoba mengincar proyek panas bumi. Salah satunya proyek panas bumi yang ada di Sulawesi. Namun pengembangan bisnis RUIS di proyek panas bumi masih terkendala tarif listrik panas bumi yang masih rendah. Padahal berinvestasi di proyek panas bumi membutuhkan dana besar dengan tingkat risiko yang cukup tinggi. 

"Proyek panas bumi di Sulawesi tersebut tapi masih ada hambatan di rate berapa geotermal. Investasi panas bumi sangat mahal, ada yang berhasil ada gagal. Tapi kalau berhasil tidak akan habis-habis," jelasnya.

Selain proyek baru di bidang panas bumi, PT Radiant Utama Interinsco Tbk sebenarnya juga telah memiliki proyek panas bumi yang telah beroperasi, yaitu proyek Sorik Marapi Geothermal (SMGP). RUIS memegang 5% saham di proyek tersebut.

Proyek ini diproyeksi bisa menghasilkan panas bumi 240 megawatt (MW). Sejauh ini sudah ada lima sumur yang dibor dan telah terkonfirmasi ada panas bumi yang setara 50 MW. Dia mengungkapkan, tahun ini ada yang bisa masuk ke sistem PLN. 

"Target kami delivery sebanyak 20 MW tahun ini,". Saat ini pihaknya sedang melakukan ujicoba dan dan sudah menghasilkan listrik sekitar 2 MW.

Listrik tersebut diberikan gratis kepada masyarakat. Dalam waktu dekat ada persetujuan PLN. " Sebanyak 20 MW itu, diperkirakan Juli-Agustus bisa terlaksana," tambahnya.

Selain menargetkan bisa menghasilkan listrik pada tahun ini, Sofwan juga memaparkan pihaknya menargetkan tetap bisa mendapatkan pekerjaan konstruksi di proyek panas bumi Sorik Marapi ini. Pekerjaan incaran perseroan ini di antaranya pembangunan pondasi, gardu induk, dan transmisi 20 kilovolt.

Kontan, Page-14, Friday, June 29, 2018

Waiting for the fate of Chevron & Pertamina in the Rokan Block

Upstream Director of PT Pertamina (Persero) once said that the assignment of oil and gas blocks to Pertamina is the authority of the government. If assigned to manage oil and gas blocks, Pertamina is ready to carry out the assignment. One of the oil and gas working areas that will expire in 2021 is the Rokan Block in Riau operated by PT Chevron Pacific Indonesia.

However, this government-owned company has not given up yet, options will be made to get into Indonesia's largest oil and gas block, albeit in a non-optimistic tone. The Ministry of Energy and Mineral Resources (ESDM) will establish the terms and conditions of the new Rokan Block contract in July 2018.

the Rokan Block Sumatra

The ESDM Ministry will award Rokan Block's new contract with a gross profit sharing scheme (gloss split). If Chevron is interested, it will be the benchmark for the new oil and gas contract scheme that will remain attractive to investors. Signal interest was wide open after the Ministry of Energy and Mineral had noted there are some parties who are interested in the Rokan Block, one of them Pertamina.

Pertamina as an Indonesian national oil and gas company was eager to hunt down the big block. If able to take Rokan, the parent of BUMN oil and gas can contribute close to 50% of total oil and gas production of Indonesia.

However, the plan is very difficult, especially if Pertamina wants to be the operator or the majority in Rokan. The reason, Chevron offers the full use of oil production technology (Enhanced Oil Recovery / EOR) in the Rokan Block. The application of EOR could increase oil and gas production in Rokan more significantly. In fact, the technology could increase Rokan's production from about 210,000 barrels per day (bpd) to 500,000 bpd. Deputy Minister of EMR Arcandra Tahar also said that full EOR technology has never been implemented on a large scale.

"So far the EOR has been fully utilized for pilot projects. So, can not be called if it will be able to reach that number, "he said.

Arcandra said the Rokan Block discussion will start in July 2018.

"Maybe the longest process can be completed in August 2018," he said.

He noted, Pertamina has also proposed to open the data room owned by Chevron.

"Later, will be seen Iebih pas given to Chevron or Pertamina. Surely, we will choose the most profitable country, "he said.

Arcandra is reluctant to respond further related opportunities Chevron and Pertamina will manage jointly.

"That will be the government's strategy. Just wait for the results, "he said.

On the other hand, Pertamina did not respond optimistically to the competition for the Rokan Block with one of the US oil and gas giants. Upstream Director of Pertamina Syamsu Alam said, if you look at the Minister of Energy and Mineral Resources Regulation no. 23/2018 on Management of Oil and Gas Working Areas that Will End the Contract of Work Samanya described operators exist also given the opportunity. The Company did not give an optimistic tone to capture the Rokan Block.

"The Rokan Block is terminated in 2021 and the written Ministerial Regulation also exists to continue," he said.

Although operators are given the opportunity, Pertamina as a national oil and gas company also has the opportunity to obtain management contract in Rokan. Syamsu said it was also communicating with Chevron. Like many expressions to Rome, the company notes that there are several options to get into the Rokan Block.

"All options are open, including as non-operators and have ownership."

Although Pertamina did not give an optimistic tone to get the Rokan Block, the government-owned company is currently evaluating the block's data.

"We are evaluating the data already requested to SKK Migas. The data will be used to make a proposal for the Rokan Block to the ESDM Ministry. "

Currently, Pertamina notes the contribution of oil and gas production to national production continues to increase. In 2018, Pertamina's oil and gas production contribution is estimated to rise 55.54 percent to 774.048 barrels of oil equivalent per day compared to 2017. This contributes to Pertamina's 36 percent oil production contribution to national production.

The state-owned company estimates that its contribution to national production could rise by 39% to 2020. Well, if Pertamina can Block Rokan by 2021 it is not impossible to approach 50%.

IN INDONESIA

Menunggu Nasib Chevron & Pertamina di Blok Rokan

Direktur Hulu PT Pertamina (Persero) pernah menyampaikan bahwa penugasan blok minyak dan gas bumi kepada Pertamina merupakan kewenangan pemerintah. Jika ditugaskan untuk mengelola blok migas, Pertamina siap menjalankan penugasan itu. Salah satu wilayah kerja migas yang akan habis kontrak pada 2021 adalah Blok Rokan di Riau yang dioperasikan oleh PT Chevron Pacific Indonesia.

Namun, perusahaan milik pemerintah ini belum menyerah, berbagai opsi akan dilakukan untuk bisa masuk ke blok migas terbesar Indonesia itu, walaupun dengan nada yang tidak optimistis. Kementerian Energi dan Sumber Daya Mineral (ESDM) akan menetapkan syarat dan ketentuan kontrak baru Blok Rokan pada Juli 2018.

Kementerian ESDM akan memberikan kontrak baru Blok Rokan dengan skema bagi hasil kotor (gloss split). Jika Chevron berminat akan menjadi tolak ukur skema kontrak baru pengelolaan migas itu tetap menarik bagi investor. Sinyal ketertarikan itu pun terbuka lebar setelah Kementerian ESDM sempat mencatat ada beberapa pihak yang tertarik dengan Blok Rokan, salah satunya Pertamina.

Pertamina sebagai perusahaan migas nasional Indonesia pun bersemangat memburu blok besar tersebut. Jika mampu mengambilalih Rokan, induk usaha BUMN migas itu bisa berkontribusi mendekati 50% dari total produksi migas Indonesia.

Namun, rencana itu sangat sulit, terutama bila Pertamina ingin menjadi operator maupun mayoritas di Rokan. Pasalnya, Chevron menawarkan penggunaan teknologi produksi minyak lanjutan (Enhanced Oil Recovery/EOR) secara penuh di Blok Rokan. Pengaplikasian EOR itu bisa meningkatkan produksi migas di Rokan lebih signifikan. Bahkan, teknologi itu dapat meningkatkan produksi Rokan dari sekitar 210.000 barel per hari (bph) menjadi 500.000 bph. Wakil Menteri ESDM Arcandra Tahar pun mengatakan, teknologi EOR secara penuh belum pernah di implementasikan dalam skala besar.

“Sejauh ini EOR secara penuh hanyadigunakan untuk proyek percontohan. Jadi, belum bisa disebut kalau pasti akan bisa mencapai angka tersebut,” ujarnya.

Arcandra menyebutkan, pembahasan Blok Rokan akan mulai pada Juli 2018. 

“Mungkin paling lama prosesnya bisa selesai pada Agustus 2018,” ujarnya.

Dia mencatat, Pertamina juga sudah mengajukan membuka data room yang dimiliki Chevron.

“Nanti, akan dilihat Iebih pas diberikan kepada Chevron atau Pertamina. Pastinya, kami akan memilih yang paling menguntungkan negara," ujarnya.

Arcandra enggan merespons lebih jauh terkait peluang Chevron dan Pertamina akan mengelola secara bersama-sama. 

“Itu nanti strategi pemerintah. Tunggu saja hasilnya," ujarnya.

Di sisi lain, Pertamina pun tidak merespons secara optimistis terkait dengan persaingan memperebutkan Blok Rokan dengan salah satu raksasa migas AS tersebut. Direktur Hulu Pertamina Syamsu Alam mengatakan, jika melihat Peraturan Menteri ESDM No. 23/2018 tentang Pengelolaan Wilayah Kerja Migas yang Akan Berakhir Kontrak Kerja Samanya dijelaskan operator eksis juga diberikan kesempatan. Perseroan pun tidak memberikan nada optimistis untuk bisa merebut Blok Rokan.

“ Blok Rokan habis kontrak juga pada 2021 dan dalam Peraturan Menteri tertulis eksis pun berkesempatan untuk melanjutkan,” ujarnya.

Walaupun operator eksis diberikan kesempatan, Pertamina selaku perusahaan migas nasional juga memiliki peluang untuk mendapatkan kontrak pengelolaan di Rokan. Syamsu mengatakan, pihaknya pun sedang berkomunikasi dengan Chevron. Seperti ungkapan banyak jalan menuju Roma, perseroan mencatat ada beberapa opsi agar bisa masuk ke Blok Rokan tersebut. 

“Semua opsi terbuka, termasuk sebagai non-operator dan memiliki kepemilikan.”

Kendati Pertamina tidak memberikan nada optimistis untuk bisa mendapatkan Blok Rokan, tetapi perusahaan milik pemerintah itu sedang mengevaluasi data blok tersebut.

“Kami sedang evaluasi dari data yang sudah diminta kepada SKK Migas. Data itu akan digunakan untuk membuat proposal untuk Blok Rokan ke Kementerian ESDM.”

Saat ini, Pertamina mencatat kontribusi produksi migas kepada produksi nasional terus meningkat. Pada 2018, kontribusi produksi migas Pertamina diperkirakan naik 55,54% menjadi 774,048 barel setara minyak per hari dibandingkan dengan 2017. Hal itu membuat kontribusi produksi migas Pertamina sebesar 36% terhadap produksi nasional.

Perusahaan miliknegara ini memperkirakan bahwa kontribusi terhadap produksi nasional bisa naik hingga 39% sampai 2020. Nah, kalau Pertamina dapat Blok Rokan pada tahun 2021 bukan tidak mungkin bisa mendekati 50%.

Bisnis Indonesia, Page-26, Friday, June 29, 2018

Ready-to-Gas Boaming

The golden age of the global gas industry is predicted to arrive soon after the shift of unfriendly fuel consumption, such as crude oil and coal, to natural gas. Indonesia also will have to strengthen the natural gas infrastructure to seize opportunities. Based on projections, North America, especially the United States (US), will become the leader of world gas producers with abundant production.

"The use of electric vehicles in the world will also change the world's energy market as more and more power plants use gas," said Sasaka Peace Foundation Chairman Nobuo Tanaka as moderator of the discussion on What's Next for The Asia Pacific Gas Market in the World Gas Conference (WGC) 2018, in Washington DC, Wednesday (27/6).

WGC is a 3-year event organized by a country that holds leadership in the International Gas Union. The WCC was attended by influential energy leaders, executive officers of the global energy giant, such as Exxon Mobil Corp., BP Plc., Total, senior officials from the US Department of State and energy bureau, and a number of energy ministers from oil and gas producers and consumers such as Argentina and Indonesia .

Tanaka, who is also a former Executive Director of the International Energy Agency (IEA), added that China would also switch to greener energy, which is gas, and reduce the use of coal as a source of energy. Predictions on the gas market in China are also corroborated by Chairman of Board of Director of Beijing Gas Group Li Yalan.

He said gas consumption in the country will increase significantly driven by the increase of pipelines, and 70,000 km to 100,000 km by 2020. In addition, China has 18 Liquified Natural Gas (LNG) terminals with capacity of 60 million cubic meters per year.

"With expansion and development, the 18 terminals will have a capacity of 80 million tons by 2020," he said.

Growing gas consumption is in line with China's move to reduce coal consumption for power generation. For example, a large-scale power plant that requires 35 million tons of coal per year to be only one-fourth or five million tons. Last year, the IEA has predicted the use of natural gas will surpass coal in 2030 as the world's second largest energy source. By 2040, gas consumption is expected to equal the use of oil as the largest source of energy.

Currently, the position of natural gas as an energy source is in the third position with a percentage of 23.3%. The natural gas position is under 27% coal, and oil is 34%. In the long term, the IEA says the global gas market will face challenges and cost advantages in emerging markets.

On the other hand, trade disputes between the United States and China can disrupt the global energy market in the short term. Beijing this month filed a counter-rate for petroleum and US imports. It is expected to hit the US oil and gas industry. Chevron CEO Mike Wirth fears the trade tension could hit demand for energy commodities.

"The risk of a trade war begins to weigh on people's perceptions of economic growth," Reuters quoted him as saying.

INDONESIA OPPORTUNITY

Discussion of the Asia Pacific gas market in the WGC event also featured ESDM Minister Ignatius Jonan as the keynote speaker. The other panelists, among them EVP 81 Upstream CEO Petronas Anuar Taib and Li Yalan. In his presentation, Jonan predicts that the use of gas as a primary energy source is increasing. In Indonesia, the increase in gas consumption is predicted to reach 6% -7% per year, or above economic growth.

However, he is optimistic that Indonesia should not become a future gas importer following the discovery of new gas wells such as in the deep sea in Makassar Strait and Masela Block in Maluku. The two new gas sources will break the IEA's prediction that Indonesia will become a net importer of gas by 2040. Masela will produce 1.2 million cubic feet of gas per day and IDD 1,000 cubic feet per day. Jonan said that when answering Tanaka's question.

"The IEA Prediction is not wrong. However, the prediction was made before the discovery of gas Masela, Maluku, and Makassar Strait, "said Jonan.

In the Masela Block, Inpex and Shell act as operators and are expected to start production by 2027. As for the IDD project is operated by Chevron. In data from SKK Migas, IDD Gendalo and Gehem Project managed by Chevron Makassar Ltd. will start operating (on stream) in 2024 and 2025. IDD Gendalo is estimated to have production of about 500 million cubic feet per day, while Gehem amounts to 420 million cubic feet per day.

Nicke Widyawati, Ignatius Jonan, and Neil Chapman

With a daily gas production of 1.2 million barrels of oil equivalent, only 60% is used for domestic consumption. Plt. President Director of PT Pertamina Nicke Widyawati assess infrastructure development as the main requirement for the development of natural gas as one of the main energy besides oil and coal. Later, the infrastructure is needed to naturally populate the local liquefied natural gas.

Nicke Widyawati

"Infrastructure needed, among others, LNG terminals and gas pipelines. It could make domestic gas prices more competitive, "Nicke said.

Nicke said Pertamina will further explore the gas business from infrastructure such as LNG and gas pipeline. Holding BUMN Migas also became a supporter of the company's growth to strengthen the gas infrastructure.

"The gas infrastructure should be reinforced by industrial development plans. PGN [PT Perusahaan Gas Negara Tbk.] And PT Pertamina Gas will develop infrastructure to bring gas sources closer to consumers, "he said.

According to Nicke, the distance between gas sources and closer consumers could push down the price of gas more competitive. In the future, Nick said the company coordinates with major gas consumers such as PT Perusahaan Listrik Negara.

"Joint planning is done in order to be clear what to support."

IN INDONESIA

Siap-Siap Boaming Gas

Masa emas industri gas dunia diprediksi segera tiba setelah beralihnya konsumsi bahan bakar tidak ramah lingkungan, seperti minyak mentah dan batu bara, ke gas alam. Indonesia pun mau tidak mau harus memperkuat infrastruktur gas bumi untuk meraih peluang. Berdasarkan proyeksi, Amerika Utara, terutama Amerika Serikat (AS), akan menjadi pemimpin produsen gas dunia dengan produksi yang melimpah.

“Penggunaan kendaraan listrik di dunia juga akan mengubah pasar energi dunia karena makin banyak pembangkit listrik menggunakan gas,” kata Chairman The Sasaka Peace Foundation Nobuo Tanaka saat menjadi moderator diskusi bertema What Next for The Asia Pacific Gas Market di arena World Gas Conference (WGC) 2018, di Washington DC, Rabu (27/6).

WGC merupakan kegiatan 3 tahunan yang diselenggarakan oleh negara yang memegang kepemimpinan dalam International Gas Union. WCC dihadiri oleh pemimpin berpengaruh bidang energi, pejabat eksekutif raksasa energi global, seperti Exxon Mobil Corp., BP Plc., Total, pejabat senior dari Departemen Luar Negeri AS dan biro energi, serta sejumlah menteri energi dari produsen dan konsumen migas seperti Argentina dan Indonesia.

Tanaka yang juga mantan Direktur Eksekutif Intemational Energy Agency (IEA) menambahkan China juga akan beralih ke energi yang lebih hijau, yaitu gas, dan mengurangi pemakaian batu bara sebagai sumber energi. Prediksi atas pasar gas di China juga dikuatkan oleh Chairman of Board of Director Beijing Gas Group Li Yalan. 

Dia mengatakan konsumsi gas di negara itu akan meningkat signifikan didorong oleh bertambahnya jaringan pipa, dan 70.000 km menjadi 100.000 km pada 2020. Selain itu, China memiliki 18 Terminal liquified natural gas (LNG) dengan kapasitas 60 juta meter kubik per tahun. 

“Dengan ekspansi dan pengembangan, 18 terminal itu akan memiliki kapasitas 80 juta ton pada 2020,” tuturnya.

Konsumsi gas yang terus meningkat itu sejalan dengan langkah China mengurangi konsumsi batu bara untuk pembangkit listrik. Misalnya, satu PLTU skala besar yang memerlukan batu bara 35 juta ton per tahun menjadi hanya sepertujuhnya atau 5 juta ton. Tahun lalu, IEA telah memprediksi penggunaan gas alam akan melampaui batu bara pada 2030 sebagai sumber energi kedua terbesar di dunia. Pada 2040, konsumsi gas diperkirakan menyamai penggunaan minyak sebagai sumber energi terbesar.

Saat ini, posisi gas bumi sebagai sumber energi berada di posisi ketiga dengan persentase 23,3%. Posisi gas bumi berada di bawah batu bara 27%, dan minyak sebesar 34%. Secara jangka panjang, IEA menyatakan pasar gas global akan menghadapi tantangan dan persajngan biaya di pasar negara berkembang. 

Di sisi Iain, perselisihan dagang antara Amerika Serikat dan China dapat menggangu pasar energi global dalam jangka pendek. Beijing pada bulan ini mengajukan tarif balasan untuk impor petroleum dan AS. Hal itu diperkirakan dapat memukul industri migas AS. CEO Chevron Mike Wirth khawatir tensi perdagangan dapat memukul permintaan komoditas energi. 

“Risiko perang dagang mulai membebani persepsi orang terhadap pertumbuhan ekonomi,” seperti dikutip Reuters.

PELUANG INDONESIA

Diskusi pasar gas Asia Pasifik dalam ajang WGC juga menampilkan Menteri ESDM Ignasius Jonan sebagai pembicara utama. Adapun panelis lainnya, di antaranya EVP 81 CEO Upstream Petronas Anuar Taib dan Li Yalan. Dalam paparannya, Jonan memprediksi bahwa penggunaan gas sebagai sumber energi primer semakin meningkat. Di Indonesia, peningkatan konsumsi gas diprediksi mencapai 6%-7% per tahun, atau di atas pertumbuhan ekonomi.

Namun, dia optimistis Indonesia tidak harus menjadi importir gas pada masa depan menyusul ditemukannya sumur gas baru seperti di laut dalam Selat Makassar dan Blok Masela di Maluku. Dua sumber gas baru tersebut akan mematahkan prediksi IEA bahwa Indonesia akan menjadi net importir gas pada 2040. Masela akan memproduksi gas 1,2 juta kaki kubik per hari dan IDD 1.000 kaki kubik per per hari. Jonan menyatakan hal itu saat menjawab pertanyaan Tanaka. 

“Prediksi IEA tidak salah. Akan tetapi, prediksi itu dibuat sebelum penemuan gas Masela, Maluku, dan Selat Makassar,” kata Jonan. 

Pada Blok Masela, Inpex dan Shell bertindak sebagai operator dan diperkirakan akan memulai produksi pada 2027. Adapun, proyek IDD dioperasikan oleh Chevron. Dalam data SKK Migas, Proyek IDD Gendalo dan Gehem yang dikelola oleh Chevron Makassar Ltd. akan mulai beroperasi (on stream) pada 2024 dan 2025. IDD Gendalo diperkirakan memiliki produksi sekitar 500 juta kaki kubik per hari, sedangkan Gehem sebesar 420 juta kaki kubik per hari.

Dengan produksi gas harian 1,2 juta barrel setara minyak, hanya 60% yang digunakan untuk konsumsi domestik. Plt. Direktur Utama PT Pertamina Nicke Widyawati menilai pembangunan infrastruktur menjadi syarat utama untuk pengembangan gas bumi sebagai salah satu energi utama selain minyak dan batu bara. Nantinya, infrastruktur itu diperlukan untuk mengutilisasi gas alam cair lokal secara maksimal.

“Infrastruktur yang dibutuhkan antara lain, terminal LNG dan pipa gas. Hal itu bisa membuat harga gas domestik menjadi Iebih kompetitif,” Kata Nicke.

Nicke mengatakan Pertamina akan semakin mendalami bisnis gas dari sisi infrastruktur seperti LNG dan gas pipa. Holding BUMN Migas pun menjadi pendukung pertumbuhan perseroan untuk memperkuat infrastruktur gas.

“lnfrastruktur gas memang harus diperkuat dengan rencana pengembangan industri. PGN [PT Perusahaan Gas Negara Tbk.] dan PT Pertamina Gas bakal mengembangkan infrastruktur agar mendekatkan sumber gas dengan konsumen,” ujarnya.

Menurut Nicke, jarak antara sumber gas dengan konsumen yang semakin dekat bisa menekan harga jual gas Iebih kompetitif. Pada masa mendatang, Nickemengatakan perseroan menjalin koordinasi dengan konsumen gas utama seperti PT Perusahaan Listrik Negara. 

“Joint planning dilakukan agar jelas apa yang harus didukung.”

Bisnis Indonesia, Page-1, Friday, June 29, 2018

Medco Focus on Sarulla & Ijen Geothermal

PT Medco Energy Tbk. tems seeks to develop geothermal utilization in Sarulla, North Sumatra and Ijen, East Java due to the enormous energy potential of the two sites. In Sarrula, according to Medco Hilmi Panigoro's President Director, a study for the development of a third phase of thermal power plant has begun. Currently, two units of Steam Power Plant (PLTP) with a capacity of 220 megawatts (MW) are installed.

Hilmi Panigoro's

"The potential in Sarulla reaches 1,000 MW is huge. In addition, we also have done two drilling for geothermal ljen, "said Hilmi while accompanying the visit of Minister of Energy and Mineral Resources Ignatius Jonan in Washington.

PLTP Sarulla

PLTP Sarulla is the world's largest single-generation geothermal power plant project that has begun construction in 2014. The project with the Independent Power Producer (IPP) scheme was built by the consortium of Inpex Geothermal Sarula Ltd., Itochu Corporation, Kyushu Electric Power Co. Inc. from Japan, PT Medco Power from Indonesia, Ormat Technologies from the United States, and Sarulla Operation Ltd.

Sarulla PLTP electricity production is sold to PT Perusahaan Listrik Negara (Persero) with a period of 30 years. PLTP Sarulla's second unit with a capacity of 110 MW commercially operates in October 2017. Meanwhile, the first unit with a capacity of 110 MW has operated commercially in March 2017.

     The plan, the capacity of new and renewable energy projects is targeted to reach 330 MW and marnpu serves about 2.1 million households. The commercial operation of PLTP Sarulla third unit with a capacity of 110 MW is scheduled in 2018. In fact, PLTP Sarulla Unit III has started testing. Hilmi added, efforts to explore the potential of geothermal continues to be done Medco despite having a big risk of failure.

"It's like oil drilling, the risk is always there. Just how we manage it well. "

PLTP Sarulla unit III with a capacity of 110 MW is the last in the development of the first phase of the Sarulla PLTP. This project is PLTP with the largest single contract in the world and is located in the districts of Pahae Jae and Pahae Julu, North Tapanuli District, North Sumatra Province.

Sarulla has a development potential of up to 1,000 MW based on data in 2006 when Medco won the auction. Previously, Hilmi said the additional capacity of up to 1,000 MW he said, should be based on several considerations.

IN INDONESIA

Medco Fokus di Panas Bumi Sarulla & Ijen

   PT Medco Energy Tbk. tems berupaya mengembangkan pemanfaatan panas bumi di Sarulla, Sumatra Utara dan Ijen, Jawa Timur karena besarnya potensi energi di dua tempat tersebut. Di Sarrula, menurut Direktur Utama Medco Hilmi Panigoro, studi untuk pengembangan pembangkit listrik tenaga panas btuni tahap ketiga sudah dimulai. Saat ini telah beroperasi dua unit Pembangkit Listrik Tenaga Uap (PLTP) dengan kapasitas 220 megawatt (MW).

“Potensi di Sarulla mencapai 1.000 MW ini besar sekali. Selain itu, kami juga sudah melalukan dua pengeboran untuk panas bumi ljen,” tutur Hilmi saat mendampingi kunjungan kerja Menteri ESDM Ignasius Jonan di Washington.

PLTP Sarulla merupakan proyek pembangkit panas bumi kontrak tunggal terbesar di dunia yang telah dimulai konstruksinya pada 2014. Proyek dengan skema pengembang swasta (Independent Power Producer/ IPP) tersebut dibangun oleh konsorsium Inpex Geothermal Sarula Ltd., Itochu Corporation, Kyushu Electric Power Co. Inc. yang berasal dari Jepang, PT Medco Power dari Indonesia, Ormat Technologies dari Amerika Serikat, dan Sarulla Operation Ltd.

Produksi listrik PLTP Sarulla dijual kepada PT Perusahaan Listrik Negara (Persero) dengan jangka waktu 30 tahun. PLTP Sarulla unit kedua berkapasitas 110 MW secara komersial beroperasi pada Oktober 2017. Adapun, unit pertama dengan kapasitas 110 MW telah beroperasi secara komersial pada Maret 2017.

     Rencananya, kapasitas proyek pembangkit dari energi baru dan terbarukan ini ditargetkan mencapai 330 MW dan marnpu melayani sekitar 2,1 juta rumah tangga. Operasi secara komersial PLTP Sarulla unit ketiga dengan kapasitas 110 MW dijadwalkan pada 2018. Bahkan, PLTP Sarulla Unit III sudah mulai uji coba. Hilmi menambahkan, upaya menggali potensi panas bumi terus dilakukan Medco kendati memiliki risiko kegagalan cukup besar. 

“lni mirip pengeboran minyak, risiko selalu ada. Tinggal bagaimana kita mengelolanya dengan baik.”

PLTP Sarulla unit III yang berkapasitas 110 MW tersebut merupakan yang terakhir dalam pengembangan tahap pertama dari PLTP Sarulla. Proyek ini adalah PLTP dengan kontrak tunggal terbesar di dtunia dan terletak di distrik Pahae Jae dan Pahae Julu, Kabupaten Tapanuli Utara, Provinsi Sumatra Utara.

Sarulla memiliki potensi pengembangan hingga 1.000 MW berdasarkan data pada 2006 ketika Medco memenangkan lelang. Sebelumnya, Hilmi mengatakan penambahan kapasitas hingga 1.000 MW katanya, harus berdasarkan beberapa pertimbangan.

Bisnis Indonesia, Page-30, Thursday, June 28, 2018

Pertamina’s oil Field deal frozen

   Indonesias government decided last month to freeze Pertamina's deal to operate the Mansouri oil field in Iran because it wanted to preserve the country's "good relationship” with the United States, Pertamina's acting chief executive Nicke Widyawati said

Nicke Widyawati

”We have a good relationship with the US, and so, it is on hold," Widyawati told Reuters, adding that the decision came after consultations between Indonesia’s Presidency energy and mines ministry, and Pertamina.

Widyawati made the comments at an event on the sidelines of a global natural gas conference in Washington. She would not say whether the Mansouri project was likely to be revived in the future. The US State Department on Tuesday said it was pushing allies to cut their crude imports from Iran to zero as part o.f renewed sanctions it is imposing after President Donald Trump abandoned a deal reached in late 2015 that limited Tehran's nuclear ambitions.

the Mansouri project

Indonesia, a former Organization of the Petroleum Exporting Countries (OPEC)\member, is becoming a growing energy trading partner with the US, with a 20-year liquefied natural gas supply deal with US exporter Cheniere Energy that begins this year. Widyawati said some portion of early deliveries from that deal would likely be resold by Pertamina’s trading operation, since |ndonesia’s own gas production will likely meet domestic demand until at least 2020.

”Yes, some of it will be resold,” she said.

She said, however, Indonesian gas demand would rise sharply in the coming years -due to new petrochemicals facilities and a gas-fired power plant coming on line

Jakarta Post, Page-14, Thursday, June 28, 2018

Quarter-III, Pertamina Begins to Manage Two Blocks of Termination

PT Pertamina (Persero) will begin officially to eliminate the management of two termination blocks in the third quarter of this year, the Sanga-Sanga Block from August and South East Sumatera Block (SES) starting September. The company's first three year investment commitment in the two blocks reached US $ 367 million.

Upstream Director of Pertamina Syamsu Alam said that so far, the preparation of the Sanga-Sanga Block management transition is going well. At the beginning of this month, his side has organized workers in the Sanga-Sanga Block.

the Sanga-Sanga Block.

"We hope it works well, because we've had some previous experience," he said.

The transfer of management in the South East Sumatera Block also started well. Pertamina continues to evaluate, through the condition of the surface of the soil (surface) and underground (subsurface), to arrange work programs. Because one of the concerns of the company is the level of oil and gas production from this offshore block of South Sumatra.

"The first step is to reduce the decline before it can increase production. Because all age-terminated blocks are mature, so it's not easy to increase production without seeing upside potential as an effort to increase reserves, "he explained.

In these two blocks, Pertamina promised the first three year investment commitment of US $ 367 million. Pertamina will issue an investment of up to US $ 237 million. Referring to the Decree of the Minister of Energy and Mineral Resources (ESDM) regarding the determination of 2018 termination block management, Pertamina is projected to spend US $ 750 thousand in the first year for G & G Study and advance 3D seismic reprocessing.

In the second year, Pertamina will spend up to US $ 105.25 million because it will start drilling wells. In detail, the company will drill one exploration well and 25 exploitation wells, as well as G & G Studies. In the following year, Pertamina will spend US $ 131 million to drill three exploration wells and 29 exploitation wells.

Furthermore, in South Sumatra Offshore Block, Pertamina promised the first three year investment commitment of US $ 130 million. The Company will disburse US $ 13 million in the first year for GGRP / flow unit study, an enhanced oil recovery (EOR) study, 5 well water injection conversion, and 7 Wells workover.

In the second year, the investment will be disbursed US $ 56 million. This fund will be used for 5 well water injection conversion, 3D / 4D 200 square kilometer seismic, 3 well infill drilling, 5 well wellover work, and 2 well field reactivation. In the third year, investments amounting to US $ 61 million, namely for water injection conversion 5 Wells, infill drilling 3 Wells, workover 5 well field reactivation 3 Wells, and EOR pilot 4 areas.

In relation to the exact activities that PHE will undertake this year, PHE Development Director Atif Saifudin once said, it will definitely drill the Well. This is to maintain oil and gas production in the SES Block. Currently, the oil and gas production of the block is recorded at 30 thousand barrels of oil equivalent per day (barrel oil equals per day / BOEPD). Unfortunately, he can not specify how many wells will be drilled.

"Because the drilling plan is divided into several years. We are selective too, if the field is not production, we will close, "he said.

As is known, Pertamina has signed a new production sharing contract (PSC) for South East Sumatera Block and Sanga-Sanga on 20 April. However, the company officially becomes the manager after the existing two-block contract expires. The Sanga-Sanga Block contract will expire on August 7, 2018. Then, the next SES Block contract is completed on September 5th. 

     The government handed over the management of all eight 2018 termination blocks to Pertamina. Furthermore, four oil and gas blocks, namely Tuban Block, Ogan Komexing, Southeast Sumatera, and North Sumatera Offshore, are undertaken by PT Pertamina Hulu Energi. While the management of Sanga-Sanga, Central, and East Kalimantan-Attaka Blocks is held by PT Pertamina Hulu Indonesia.

Find Partners

At the same time, the effective signing of the terminated block termination PSC contract, Pertamina is also looking for partners to work on the eight oil and gas blocks. According to Alam, the bidding process of participation rights starts from the oil and gas block in which the company's PSC is already running effectively. The reason, although the PSC for the ten blocks of oil and gas have been signed, but the contract has not been fully started effectively considering the existing contracts of several oil and gas blocks still apply.

The Company is still preparing criteria from prospective partners and the value of the shares to be released in every oil and gas block. Later, the company will hold a majority stake.

"The termination block 2018-2019 majority ownership of its shares. The remaining partner, "Alam said.

For blocks that have terminated the old contract and the new contract is effective is the Tuban Block, Ogan Komering, and Attaka. However, the management of the Attaka Block is combined with the East Kalimantan Block whose contract will terminate on 24 October. Later, once the contract expires and management switches to Pertamina, the company can offer partnerships in the Sanga-Sanga Block, SES and NSO. The effective termination block participation contract is targeted for completion this year.

"We expect something to be done this year," Alam said.

Djoko said, many oil and gas companies are interested to buy the termination block participation rights offered by Pertamina. Some of the oil and gas blocks of Pertamina that interest other oil and gas companies are Mahakam Block, Sanga-Sanga, East Kalimantan and Jambi Merang.

IN INDONESIA

Kuartal-III, Pertamina Mulai Kelola Dua Blok Terminasi

PT Pertamina (Persero) akan mulai secara resmi mengamhil alih pengelolaan dua blok terminasi pada kuartal ketiga tahun ini, yakni Blok Sanga-Sanga mulai Agustus dan Blok South East Sumatera (SES) mulai September. Komitmen investasi tiga tahun pertama perseroan di dua blok ini mencapai US$ 367 juta.

Direktur Hulu Pertamina Syamsu Alam mengatakan, sejauh ini, persiapan transisi pengelolaan Blok Sanga-Sanga berjalan dengan baik. Pada awal bulan ini, pihaknya sudah menyelenggarakan pekerja di Blok Sanga-Sanga. 

“Kami berharap berjalan dengan baik, karena kami sudah ada beberapa pengalaman sebelumnya,” kata dia.

Pengalihan pengelolaan di Blok South East Sumatera juga dimulai baik. Pertamina terus melakukan evaluasi, melalui kondisi muka tanah (surface) maupun bawah tanah (subsurface), untuk menyusun program kerja. Karena salah satu yang menjadi perhatian perseroan adalah tingkat produksi migas dari blok di lepas pantai Sumatera Selatan ini.

“Langkah awal adalah upaya-upaya untuk mengurangi decline sebelum nantinya mampu meningkatkan produksi. Karena semua blok yang terminasi umurnya memang sudah tua (mature field), jadi tidak mudah untuk meningkatkan produksi tanpa melihat upside potential sebagai upaya penambahan cadangan,” jelasnya.

Di dua blok ini, Pertamina menjanjikan komitmen investasi tiga tahun pertama sebesar US$ 367 juta. Pertamina akan mengeluarkan investasi hingga US$ 237 juta. Mengacu pada Keputusan Menteri Energi dan Sumber Daya Mineral (ESDM) tentang penetapan pengelolaan blok terminasi 2018, Pertamina diproyeksikan akan mengeluarkan dana sebesar US$ 750 ribu di tahun pertama untuk Studi G&G dan advance 3D seismic reprocessing.

Pada tahun kedua, Pertamina akan mengeluarkan dana hingga US$ 105,25 juta karena akan mulai mengebor Sumur. Rincinya, perseroan akan mengebor satu sumur eksplorasi dan 25 sumur eksploitasi, serta Studi G&G. Pada tahun berikutnya, Pertamina akan menggelontorkan US$ 131 juta untuk mengebor tiga Sumur eksplorasi dan 29 Sumur eksploitasi.

Selanjutnya di Blok South Sumatera Offshore, Pertamina menjanjikan komitmen investasi tiga tahun pertama sebesar US$ 130 juta. Perseroan akan mengucurkan US$ 13 juta pada tahun pertama untuk GGRP/flow unit study, Studi pengurasan migas tahap lanjut (enhanced oil recovery/ EOR), water injection conversion 5 sumur, serta workover 7 Sumur.

Selanjutnya di tahun kedua, investasi yang akan dikucurkan sebesar US$ 56 juta. Dana ini akan dipakai untuk water injection conversion 5 sumur, seismik 3D/ 4D 200 kilometer persegi, infill drilling 3 Sumur, workover 5 Sumur, dan field reactivation 2 sumur. Pada tahun ketiga, investasi yang dikeluarkan sebesar US$ 61 juta, yakni untuk water injection conversion 5 Sumur, infill drilling 3 Sumur, workover 5 sumur field reactivation 3 Sumur, dan EOR pilot 4 area.

Terkait kegiatan apa saja pastinya yang akan dikerjakan PHE tahun ini, Direktur Pengembangan PHE Atif Saifudin sempat menuturkan, pihaknya pasti akan melakukan pengeboran Sumur. Hal ini untuk mempertahankan produksi migas di Blok SES. 

     Saat ini, produksi migas blok tersebut tercatat sekitar 30 ribu barel setara minyak per hari (barrel oil equvalent per day/BOEPD). Sayangnya, dia tidak dapat merinci berapa banyak sumur yang akan dibor. 

“Karena rencana pengeboran dibagi beberapa tahun. Kami selektif juga, kalau lapangan sudah tidak produksi, kami akan tutup,” tutur dia. 

Seperti diketahui, Pertamina telah menandatangani kontrak kerja sama (production sharing contract/PSC) baru untuk Blok South East Sumatera dan Sanga-Sanga pada 20 April lalu. Namun, perseroan resmi menjadi pengelola setelah kontrak eksisting dua blok ini berakhir. Kontrak Blok Sanga-Sanga akan berakhir pada 7 Agustus 2018. 

   Kemudian, berikutnya kontrak Blok SES selesai pada 5 September. Pemerintah menyerahkan pengelolaan seluruh delapan blok terminasi 2018 ke Pertamina. Selanjutnya, empat blok migas, yakni Blok Tuban, Ogan Komexing, Southeast Sumatera, dan North Sumatera Offshore, dikerjakan oleh PT Pertamina Hulu Energi. Sementara pengelolaan Blok Sanga-Sanga, Tengah, dan East Kalimantan-Attaka dipegang PT Pertamina Hulu Indonesia. 

Cari Mitra

Bersamaan, mulai efektifnya kontrak PSC blok terminasi yang telah diteken, Pertamina juga mencari mitra untuk menggarap delapan blok migas tersebut. Menurut Alam, proses penawaran hak partisipasi ini dimulai dari blok migas di mana PSC perseroan yang sudah berjalan efektif. Pasalnya, meski PSC untuk sepuluh blok migas itu sudah ditandatangani, namun kontrak belum seluruhnya dimulai secara efektif mengingat kontrak eksisting beberapa blok migas masih berlaku.

Perseroan kini masih menyusun kriteria dari calon mitra dan nilai dari saham yang akan dilepas di setiap blok migas. Nantinya, perseroan akan memegang saham mayoritas. 

“Yang blok terminasi 2018-2019 mayoritas kepemilikan sahamnya. Partner sisanya,” ujar Alam.

Untuk blok yang telah berakhir kontrak lamanya dan kontrak baru berlaku efektif adalah Blok Tuban, Ogan Komering, dan Attaka. Namun, pengelolaan Blok Attaka digabung dengan Blok East Kalimantan yang kontraknya akan terminasi pada 24 Oktober nanti. Nantinya, begitu kontrak berakhir dan pengelolaan beralih ke Pertamina, maka perseroan bisa menawarkan kemitraan di Blok Sanga-Sanga, SES, dan NSO. Penawaran hak partisipasi blok terminasi yang sudah efektif kontrak Pertamina tersebut ditargetkan selesai tahun ini.

“Kami harapkan ada yang bisa selesai tahun ini,” tegas Alam.

Djoko menuturkan, banyak perusahaan migas yang berminat membeli hak partisipasi blok terminasi yang ditawarkan oleh Pertamina. Beberapa blok migas Pertamina yang diminati perusahaan migas lain tersebut adalah Blok Mahakam, Sanga-Sanga, East Kalimantan, dan Jambi Merang.

Investor Daily, Page-9, Thursday, June 28, 2018