PT Pertamina (Persero) is still looking for opportunities to add assets to its oil and gas blocks in other countries, since it last acquired the French oil and gas company in 2016. To that end, Pertamina has budgeted investment funds of US $ 174 million, up from last year's US $ 110 million, and revenue is targeted at US $ 1.4 billion.
"The funds will be used for drilling 28 wells and carrying out re-work in 66 wells," said PT Pertamina International EP Managing Director Denie S Tampubolon in Jakarta.
At present, Pertamina already has a number of oil and gas blocks in 12 countries. In Algeria, the company has a stake in Blok Menzel Lejmet North (MLN), El Brands (EMK), and Ourhoud (OHD).
West Qurna
In Iraq, the company holds shares in West Qurna Field 1. While in Malaysia, the company holds shares in Blok K, Kikeh Block, SNR Block SK309 Block and SK311 Block.
Kikeh Block
Furthermore, after the acquisition of French oil and gas company Maurel & Prom, the company has oil and gas assets spread in Gabon, Nigeria, Tanzania, Namibia, Colombia, Canada, Myanmar, Italy and other countries. However, the main assets that have been produced are in Gabon, Nigeria and Tanzania.
In 2018, he continued, oil and gas production from foreign assets was recorded at 153 thousand barrels of oil equivalent (barrel oil equivalent per day / boepd). In detail, oil production is 102 thousand bpd and 299 million standard cubic feet of gas per day / mmscfd. In 2018, oil and gas production is targeted at 163 thousand boepd, of which oil is 112 thousand bpd and gas is 300 mmscfd.
"Production is rising because there are development drilling, including the acceleration of drilling in Africa. Then, there are efforts to optimize and add assets, "he said.
Denie said, along with the increase in oil and gas production of foreign assets, the supply of crude oil brought to the country is getting bigger. Last year, it managed to bring back 6.5 million barrels of crude oil.
"In 2019, we will bring (oil) 8 million barrels," he said.
However, he said, not all of the oil from other countries could be absorbed by domestic refineries because they did not match the specifications. Therefore, it encourages the improvement of domestic refineries to be able to process various types of oil.
"The more oil you carry. Only 80% (absorbed), we hope we can get more, "Denie said.
Must Continue
Meanwhile, Upstream Director of Pertamina Dharmawan H. Samsu said that the oil and gas block acquisition is still important to get direct oil and gas production. If it takes over oil and gas production blocks abroad, it can directly bring the oil produced to Indonesia. Meanwhile, if it must start from exploration, new oil production can be obtained in the next 4-5 years.
"So to wait for the volume (oil) from exploration if successful, then there is a gap filled with M & A (Mergers and Acquisitions)," he said in Jakarta.
He explained, when making an acquisition, his side always included the requirement that the oil which became the share of Pertamina could be brought to Indonesia. Because, this step is one of the company's efforts to cut national crude oil imports. The oil rations from foreign blocks will be processed at Pertamina's refineries.
Pertamina's Senior Vice President of Upstream Business Development Ida Yusmiati added that his party would continue to examine various opportunities for oil and gas blocks acquisition outside Indonesia, especially those that were in accordance with Pertamina's needs and strategies. Unfortunately, the company has not been able to detail the assets targeted by the company.
"Pertamina will study seriously, where and what investment, cannot be shared because it is still being studied," he said.
Ida admitted, during the past year, there was no action to acquire oil and gas blocks abroad. This is because the company focuses on managing oil and gas blocks domestic termination assigned to Pertamina. Regarding the planned acquisition in Iran and Russia, which he had said, he said he did not become executed.
"Iran is held for acquisition because there is sanction, we will continue to review it," he said.
the Mansouri Block
As is known, in Iran, Pertamina has had a plan to acquire the Mansouri Block with a production rate of 62 thousand barrels per day (bpd).
However, before the company signed the block contract, the United States Government again imposed sanctions on Iran. So, the plan was postponed. Furthermore, Pertamina plans to take ownership of The Northern Top and Chaivo and Russkoye fields in Russia.
Rosneft Oil Company in the Tuban Refinery Project
Because, together with the cooperation of Pertamina and Rosneft Oil Company in the Tuban Refinery Project, the Russian oil and gas company also offered a portion of its two oil and gas blocks to Pertamina.
This plan failed because the tax that must be paid by the company to the country is quite large. Pertamina also had a memorandum of understanding on the management of oil and gas blocks in Algeria with Sonatrach.
Referring to the agreement, Sonatrach opens opportunities for Pertamina to develop existing assets and work on new assets that have the potential to produce 20-30 thousand bpd and total reserves of more than 100 million barrels of oil.
According to Denie S Tampubolon, negotiations with the Algerian side regarding this matter are still working. However, it cannot ensure it can add assets in Algeria.
"Because of the two parties, we are ready, he is ready. "The efficiency continues, we are both Muslim and Algerian, too," he said.
This plan failed because the tax that must be paid by the company to the country is quite large. Pertamina also had a memorandum of understanding on the management of oil and gas blocks in Algeria with Sonatrach.
Referring to the agreement, Sonatrach opens opportunities for Pertamina to develop existing assets and work on new assets that have the potential to produce 20-30 thousand bpd and total reserves of more than 100 million barrels of oil.
According to Denie S Tampubolon, negotiations with the Algerian side regarding this matter are still working. However, it cannot ensure it can add assets in Algeria.
"Because of the two parties, we are ready, Sonatrach is also ready. The efficiency continues, we are interested and Algeria is interested, "he said.
IN INDONESIA
Pertamina Teruskan Akuisisi Blok Migas Luar Negeri
PT Pertamina (Persero) masih terus mencari peluang untuk menambah aset blok migasnya di negara lain, sejak terakhir mengakuisisi perusahaan migas Perancis pada 2016. Untuk itu, Pertamina menganggarkan dana investasi sebesar US$ 174 juta, naik dari tahun lalu US$ 110 juta, dan pendapatan ditargetkan sebesar US$ 1,4 miliar.
“Dana tersebut akan digunakan untuk pengeboran 28 sumur dan pelaksanaan kerja ulang di 66 sumur,” kata Direktur Utama PT Pertamina Internasional EP Denie S Tampubolon di Jakarta, Senin (21/1).
Saat ini, Pertamina telah memiliki sejumlah Blok migas di 12 negara. Di Aljazair, perseroan memiliki saham di Blok Menzel Lejmet North (MLN), El Merk (EMK), dan Ourhoud (OHD). Di Irak, perseroan memegang saham di Lapangan West Qurna 1. Sementara di Malaysia, perseroan memegang kepemilikan saham di Blok K, Blok Kikeh, Blok SNR Blok SK309 dan Blok SK311.
Selanjutnya, pasca akuisisi perusahaan migas Perancis, Maurel & Prom, perseroan memiliki aset migas yang tersebar di Gabon, Nigeria, Tanzania, Namibia, Kolombia, Kanada, Myanmar, Italia, dan negara lainnya. Namun, aset utamanya yang telah berproduksi yakni di Gabon, Nigeria, dan Tanzania.
Pada 2018, lanjutnya, produksi migas dari aset luar negeri tercatat sebesar 153 ribu barel setara minyak (barrel oil equivalent per day/boepd). Rincinya, produksi minyak 102 ribu bph dan gas 299 million standard cubic feet per day/mmscfd. Di 2018, produksi migas ditargetkan sebesar 163 ribu boepd, di mana rninyak 112 ribu bph dan gas 300 mmscfd.
“Produksi naik karena ada pengeboran pengembangan, termasuk percepatan pengeboran di Afrika. Kemudian, adanya upaya optimasi dan penambahan aset,” tuturnya.
Denie mengatakan, seiring dengan meningkatnya produksi migas aset luar negeri, pasokan minyak mentah yang di bawa ke Tanah Air semakin besar. Pada tahun lalu, pihaknya berhasil membawa pulang minyak mentah sebanyak 6,5 juta barel.
“Pada 2019, kami akan membawa (minyak) 8 juta barel,” ujarnya.
Meski demikian, dikatakannya, minyak dari negara lain itu tidak semuanya dapat diserap kilang dalam negeri lantaran tidak sesuai spesitikasinya. Karenanya, pihaknya mendorong adanya perbaikan kilang Bahan Bakar Minyak (BBM) dalam negeri sehingga dapat mengolah berbagai jenis minyak.
“Agar minyak yang dibawa semakin banyak. Baru 80% (yang diserap), kami berharap bisa lebih banyak,” tutur Denie.
Harus Berlanjut
Sementara itu, Direktur Hulu Pertamina Dharmawan H Samsu menuturkan, akuisisi blok migas masih penting dilakukan untuk mendapatkan produksi migas secara langsung. Jika mengambil alih blok migas produksi di luar negeri, pihaknya bisa langsung membawa minyak yang dihasilkan ke Indonesia. Sementara jika harus mulai dari rnelakukan eksplorasi, produksi minyak baru dapat diperoleh dalam 4-5 tahun berikutnya.
“jadi untuk tunggu volume (minyak) dari eksplorasi jika sukses, maka ada gap (selisih) yang diisi M&A (Mergers and Acquisitions),” kata dia di Jakarta.
Dia menjelaskan, ketika melakukan akuisisi, pihaknya selalu memasukkan syarat agar minyak yang menjadi jatah Pertamina bisa dibawa ke Indonesia.
Pasalnya, langkah ini merupakan salah satu upaya perseroan untuk memangkas impor minyak mentah nasional. Minyak jatah dari blok luar negeri itu akan diolah di kilang milik Pertamina.
Senior Vice President Upstream Business Development Pertamina Ida Yusmiati menambahkan, pihaknya akan terus mengkaji berbagai peluang akuisisi blok migas di luar Indonesia, utamanya yang sesuai dengan keperluan dan strategi Pertamina. Sayangnya, pihaknya belum dapat melinci aset-aset yang diincar perseroan.
“Pertamina akan kaji secara serius, di mana dan investasi berapa, belum bisa di-share karena masih dikaji,” tutur dia.
Diakui Ida, sepanjang tahun lalu, pihaknya tidak ada aksi akuisisi blok migas di luar negeri. Hal ini lantaran perseroan fokus mengelola blok migas terminasi di dalam negeri yang ditugaskan ke Pertamina. Terkait rencana akuisisi di Iran dan Rusia yang sempat berlansung dikatakannya tidak jadi dieksekusi.
“Iran di-hold (akuisisi) karena memang ada sanction, kami akan kaji terus,” ujar dia.
Seperti diketahui, di Iran, Pertamina pernah memiliki rencana mengakuisisi Blok Mansouri dengan tingkat produksi 62 ribu barel per hari (bph).
Namun, menjelang perseroan meneken kontrak blok itu, Pemerintah Amerika Serikat kembali menjatuhkan sanksi kepada Iran. Sehingga, rencana tersebut ditunda. Selanjutnya, Pertamina svmpat berencana mengambil kepemilikan lapangan The Northern Top and Chaivo dan Russkoye di Rusia.
Pasalnya, bersamaan kerja sama Pertamina dan Rosneft Oil Company dalam Proyek Kilang Tuban, perusahaan migas Rusia itu juga menawarkan sebagian saham dua blok migasnya ke Pertamina.
Rencana ini gagal lantaran pajak yang harus dibayarkan perseroan ke negara cukup besar. Pertamina juga sempat memiliki nota kesepahaman pengelolaan blok migas di Aljazair dengan Sonatrach. Mengacu kesepakatan, Sonatrach membuka peluang bagi Pertamina untuk mengembangkan aset eksisting serta menggarap aset baru yang memiliki potensi produksi 20-30 ribu bph dan total cadangan lebih dari 100 juta barel minyak.
Menurut Denie S Tampubolon, negosiasi dengan pihak Aljazair terkait hal tersebut masih jalan. Namun, pihaknya tidak dapat memastikan pihaknya dapat menambah aset di Aljazair.
“Karena itu dua pihak, kami siap, Sonatrach juga siap. Effortnya masih berlangsung terus, kami minat dan Aljazair pun minat," tuturnya.
Investor Daily, Page-9, Tuesday, Jan 22, 2019
No comments:
Post a Comment