Pertamima and Adnoc Explore Potential of Balongan Refinery

PT Pertamina (Persero) and the United Arab Emirates Nab (UAE) oil company Adnoc have committed to developing the Petrochemical Integrated Refinery Complex in Balongan, West Java. 

Mubdala Petroleum

    The two companies have also signed a memorandum of understanding or memorandum of understanding (MOU) to further develop the potential for the development of the Balongan Refinery in Abu Dhabi, UAE.

Nicke Widyawati

Pertamina President Director Nicke Widyawati said the two companies agreed to increase cooperation to be more specific and strategic in Arabia.

"As a first step, both parties will study and explore the proposed business structure and technical configuration of the development of the refinery," Nicke said.

The agreement is a follow-up to the Comprehensive Strategic Frame-work (CSF) agreement that was signed by both parties in July 2019. This was done to explore opportunities for cooperation in all oil and gas business chains, both in the UAE, Indonesia and internationally.

Nicke Widyawati ensured Pertamina was open to strategic cooperation. The potential collaboration with Adnoc, according to him, will strengthen Pertamina's business steps, especially in optimizing the development of the petrochemical refinery in Balongan.

"So that later it can produce high-value products and meet the demand for domestic and foreign petrochemical products, especially polyolefins," said Nicke.

She considered the potential of this cooperation was important because the development of the crude oil processing complex into petrochemicals would also be integrated with Balongan's Refinery Development Master Plan (RDMP).

In addition, Pertamina and Adnoc also signed a supply agreement for Liquefied Petroleum Gas (LPG). Thus, in 2020 Adnoc will provide LPG up to 528 thousand MT LPG to Pertamina in order to secure the domestic LPG needs.

"This transaction is also effective because the source is directly from the producer," said Nicke.

Regarding LPG supply, Adnoc is known as one of the largest oil and gas companies that produce LPG in the world with a capacity of more than 10 million MT per year. 

Sultan Ahmed al Jaber

    Meanwhile, Adnoc CEO Sultan Ahmed al Jaber said the agreement with Pertamina would support and strengthen the company's presence in Indonesia. Al-Jaber rate, Indonesia is one of the fastest-growing markets in Southeast Asia.

"This signed agreement also shows opportunities for innovative value creation and strong bilateral relations between the UAE and the Republic of Indonesia," Al-Jaber said.

In addition to cooperating with Adnoc, Pertamina is also collaborating with UAE company, Mubadala, to accelerate the development of RDMP Balikpapan, East Kalimantan.

IN INDONESIA

Pertamima dan Adnoc Eksplorasi Potensi Kilang Balongan

PT Pertamina (Persero) dan perusahaan minyak Uni Emirat Nab (UEA) Adnoc telah berkomitmen mengembangkan Kompleks Kilang Terintegrasi Petrokimia di Balongan, Jawa Barat. Kedua perusahaan juga telah menandatangani nota kesepahaman atau memorandum of understanding (MOU) untuk mengembangkan lebih lanjut potensi pengembangan Kilang Balongan di Abu Dhabi, UEA.

Direktur Utama Pertamina Nicke Widyawati menyatakan, kedua perusahaan sepakat untuk meningkatkan kerja sama ke arab yang lebih spesifik dan strategis. 

"Sebagai langkah awal, kedua belah pihak akan mempelajari dan mendalami usulan struktur bisnis dan kofigurasi teknis atas pengembangan kilang tersebut," kata Nicke.

Kesepakatan tersebut merupakan tindak lanjut dari kesepakatan Comprehensive Strategic Frame-work (CSF) yang telah ditandatangani kedua belah pihak pada Juli 2019. Hal tersebut dilakukan untuk menjajaki peluang kerja sama di seluruh mata rantai bisnis minyak dan gas, baik di UEA, Indonesia, maupun internasional. 

Nicke Widyawati memastikan Pertamina membuka diri untuk kerja sama strategis. Potensi kolaborasi dengan Adnoc, menurut dia akan memperkuat langkah bisnis Pertamina khususnya dalam mengoptimalkan pengembangan kilang petrokimia di Balongan.

“Sehingga nantinya dapat menghasilkan produk yang bernilai tinggi serta memenuhi permintaan produk petrokimia dalam dan luar negeri terutama polyolefin," tutur Nicke.

Nicke Widyawati menilai potensi kerja sama ini penting karena pengembangan kompleks pengolahan minyak mentah menjadi petrokimia juga akan terintegrasi dengan Refinery Development Master Plan (RDMP) Balongan. 

Selain itu, Pertamina dan Adnoc juga menandatangani perjanjian pasokan liquied petroleum gas (LPG). Dengan demikian, pada 2020 Adnoc akan menyediakan LPG sampai dengan 528 ribu MT LPG untuk Pertamina dalam rangka mengamankan kebutuhan LPG dalam negeri.

“Transaksi ini juga efektif karena sumbernya langsung dari produsen,” ungkap Nicke.

Terkait pasokan LPG, Adnoc dikenal sebagai salah satu perusahaan minyak dan gas yang memproduksi LPG terbesar di dunia dengan kapasitas mencapai lebih dari 10 juta MT per tahun. 

    Sementara itu, CEO Adnoc Sultan Ahmed al Jaber mengatakan, perjanjian dengan Pertamina akan mendukung dan memperkuat kehadiran perusahaannya di Indonesia. Al-Jaber menilai, Indonesia adalah salah satu pasar dengan pertumbuhan ekonomi tercepat di Asia Tenggara.

"Kesepakatan yang telah ditandatangani ini juga menunjukkan peluang penciptaan nilai yang inovatif dan hubungan bilateral yang kuat antara UEA dengan Republik Indonesia," kata Al- Jaber.

Selain bekerja sama dengan Adnoc, Pertamina juga menggandeng perusahaan UEA, Mubadala, untuk mempercepat pengembangan RDMP Balikpapan, Kalimantan Timur.

Republika, Page-15, Friday, Jan 17, 2020

Pertamina Teams Up With Investors to Build Refineries

PT Pertamina continues to explore cooperation with various parties to develop the oil and gas business. At present, the state-owned oil and gas company is working on the RU V Balikpapan Refinery Development Master Plan (RDMP) with an investment of US $ 5.5 billion. 

    Pertamina needs investors to fund around the US $ 1.6 billion of the total investment value. One investor who is willing to fund the Balikpapan Refinery project is Mubadala.

Mubdala Petroleum

PT Pertamina Corporate Communication Vice President Fajriyah Usman said that his side had cooperated with Mubadala not only in the refinery field but in the upstream oil and gas sector. Mubadala also has an oil and gas block in Indonesia. We are discussing this, "said Fajriyah Usman.

Fajriyah Usman

Mubadala is an oil and gas company from the United Arab Emirates that has an integrated business. This means that Pertamina can not only get funding from Mubadala but also a partner in developing the oil and gas block.

Fajriyah said the commitment to cooperate with Mubadala had been carried out in the United Arab Emirates (UAE) earlier this week. Pertamina has signed a principle agreement and refinery principle agreement to further evaluate investment cooperation opportunities in the processing sector.

The agreement will provide a clear structure and ensure cooperation as a pathway to potential joint investment. Well one of them is in order to ensure the acceleration of the development of RDMP RU V Balikpapan.

IN INDONESIA

Pertamina Gandeng Investor Untuk Membangun Kilang

PT Pertamina terus menjajaki kerjasama dengan berbagai pihak untuk mengembangaan bisnis minyak dan gas. Saat ini, perusahaan minyak dan gas milik pemerintah ini sedang menggarap proyek Refinery Development Master Plan (RDMP) RU V Balikpapan dengan investasi US$ 5,5 miliar. 

    Pertamina membutuhkan investor untuk mendanai sekitar US$ 1,6 miliar dari total nilai investasi tersebut. Adapun salah satu investor yang bersedia mendanai proyek Kilang Balikpapan adalah Mubadala.

Vice President Corporate Communitucion PT Pertamina Fajriyah Usman mengatakan pihaknya menjalin kerjasama dengan Mubadala bukan saja di bidang kilang tapi di hulu minyak dan gas. Mubadala juga punya blok migas di Indonesia. Kami sedang membicarakan hal ini," kata Fajriyah Usman.

Mubadala adalah perusahaan migas yang berasal Uni Emirat Arab yang memilki bisnis terpadu. Artinya, Pertamina selain bisa mendapatkan dana dari Mubadala sekaligus juga bermitra dalam pengembangan blok migas.

Fajriyah menyebutkan, komitmen kerjasama dengan Mubadala sudah dilakukan di Uni Emirat Arab (UEA) awal pekan ini. Pertamina sudah menandatangani perjanjian prinsip dan refinery principle agreement tuntuk mengevaluasi Iebih lanjut peluang kerjasama investasi di sektor pengolahan. 

Perjanjian tersebut akan memberikan struktur yang jelas dan memastikan kerja sama sebagai jalur menuju investasi bersama yang potensial. Nah salah satunya dalam rangka memastikan percepatan pengembangan RDMP RU V Balikpapan.

Kontan, Page-14, Friday, Jan 17, 2020

Mubadala, Pertamina Prospective Investor in Balikpapan Refinery Project

Mubadala Investment Company, a financial investment company from the United Arab Emirates (UAE), has the potential to become an investor in the Balikpapan Refinery Project which is managed by PT Pertamina (Persero). The investment needed for this project is estimated at the US $ 5.5 billion. 

Mubadala Investment Company

    Pertamina has signed a principle agreement or Refinery Investment Principle Agreement to further evaluate investment cooperation opportunities in the processing sector.

The agreement will provide a clear structure to ensure cooperation as a pathway to potential joint investment. This agreement is also a follow-up to the development of relations between Mubadala and Pertamina and Indonesia, which includes the upstream, processing and Petrochemical sectors.

Nicke Widyawati

Pertamina President Director Nicke Widyawati said the signing of this agreement was a form of Pertamina and Mubadala's commitment as one of the investors who expressed interest in developing the Balikpapan Refinery. The signing of this principle agreement is needed to continue the partnership process to the due diligence and negotiation stages.

"This shows the seriousness of the two parties to reach a business agreement in order to accelerate the construction of the Balikpapan Refinery, as mandated by the Government to Pertamina," said Nicke Widyawati.

According to Nicke, Pertamina is currently looking for Equity Investors (capital investment partners) to join in developing the Balikpapan Refinery East Kalimantan. The process began in May 2019, with the issuance of Project Teaser to prospective investors consisting of international oil and gas companies, trading companies and financial investors.

"After the teaser project was published, several investors have sent a Letter of Interest (LOI) to Pertamina and the next process will be a project sounding and a visit to the Balikpapan Refinery for interested investors," said Nicke.

According to Nicke, potential partners targeted for the Balikpapan Refinery Project are financial investment companies. This is because the project has entered the construction stage and there is already a tolling scheme. So that Mubadala is a financial investment company that has the potential to meet the criteria set by Pertamina.

"In addition, Mubadala is also considered to have technical competence that is expected to help Pertamina in project management," said Nicke Widyawati.

Previously, in November 2019, Pertamina had issued a Preliminary Information Memorandum to selected investors who had expressed their interest and commitment to the Balikpapan Refinery project.

The estimated investment needed for the project is around the US $ 5.5 billion. Until the end of November 2019, the construction progress of the Balikpapan Refinery has reached 9%, compared to the 6% plan. The Balikpapan Phase I refinery is targeted to be operational in June 2023.

At the same time, Pertamina has also prepared the Balikpapan Phase II Refinery Project. The basic design (basic engineering design / BED) of this project has been completed, and is now in preparation for the auction this year and then continues construction in the same year, 2020.

IN INDONESIA

Mubadala, Calon Investor Pertamina di Proyek Kilang Balikpapan

Mubadala Investment Company, perusahaan investasi keuangan dari Uni Emirat Arab (UEA), berpotensi menjadi investor dalam Proyek Kilang Balikpapan yang digarap PT Pertamina (Persero). Investasi yang dibutuhkan untuk proyek ini diperkirakan mencapai US$ 5,5 miliar. 

    Pertamina telah meneken perjanjian prinsip atau Refinery Investment Principle Agreement untuk mengevaluasi lebih lanjut peluang kerja sama investasi di sektor pengolahan.

Perjanjian tersebut akan memberikan struktur yang jelas untuk memastikan kerja sama sebagai jalur menuju investasi bersama yang potensial. Perjanjian ini juga merupakan tindak lanjut dari pengembangan hubungan antara Mubadala dan Pertamina dan Indonesia, yang mencakup sektor hulu, pengolahan, dan Petrokimia.

Direktur Utama Pertamina Nicke Widyawati menuturkan, penandatangan perjanjian ini merupakan bentuk komitmen Pertamina dan Mubadala sebagai salah satu investor yang menyatakan minat untuk pengembangan Kilang Balikpapan. Penandatanganan perjanjian prinsip ini diperlukan untuk melanjutkan proses kemitraan ke tahap uji tuntas dan negosiasi.

“Ini menunjukkan adanya keseriusan kedua belah pihak untuk mencapai kesepakatan bisnis dalam rangka mempercepat pembangunan Kilang Balikpapan, sebagaimana yang diamanahkan Pemerintah kepada Pertamina,” kata Nicke Widyawati.

Menurut Nicke, saat ini Pertamina sedang mencari Equity Investor (mitra investasi modal) untuk bergabung dalam mengembangkan Kilang Balikpapan. Proses tersebut dimulai sejak Mei 2019, dengan penerbitan Project Teaser kepada calon investor yang terdiri dari perusahaan minyak dan gas internasional, perusahaan perdagangan, dan investor keuangan.

“Setelah project teaser diterbitkan, beberapa investor telah mengirimkan Letter of Interest (LOI) kepada Pertamina dan proses selanjutnya akan dilakukan project sounding dan kunjungan ke Kilang Balikpapan bagi investor yang tertarik,” ujar Nicke.

Menurut Nicke calon mitra yang ditargetkan untuk Proyek Kilang Balikpapan adalah perusahaan investasi keuangan. Hal ini mengingat proyek telah memasuki tahapan konstruksi dan sudah ada skema tolling. Sehingga Mubadala merupakan salah satu perusahaan investasi keuangan yang berpotensi sesuai dengan kriteria yang ditetapkan Pertamina.

“Selain itu, Mubadala juga dipandang memiliki kompetensi teknis yang diharapkan dapat membantu Pertamina dalam hal manajemen proyek,” tutur Nicke Widyawati.

Sebelumnya, pada November 2019, Pertamina telah mengeluarkan Preliminary Information Memorandum kepada investor terseleksi yang telah menyatakan minat dan komitmennya terhadap proyek Kilang Balikpapan. 

Estimasi investasi yang diperlukan untuk proyek tersebut sekitar US$ 5,5 miliar. Hingga akhir November tahun 2019 lalu, progres konstruksi Kilang Balikpapan sudah mencapai 9%, dibanding rencana 6%. Kilang Balikpapan Tahap I ini ditargetkan bisa mulai beroperasi pada Juni 2023. 

Pada saat yang sama, Pertamina juga sudah menyiapkan Proyek Kilang Balikpapan Tahap II. Desain dasar (basic engineering design/BED) proyek ini sudah selesai, dan kini sedang dalam persiapan lelang pada tahun ini kemudian dilanjutkan konstruksi pada tahun yang sama yaitu 2020.

Investor Daily, Page-9, Friday, Jan 17, 2020

Pertamina-Adnoc Develops Petrochemical Integrated Refinery in Balongan

PT Pertamina (Persero) and the Abu Dhabi National Oil Company (ADNOC) agreed to explore further the potential for the development of the Petrochemical Integrated Refinery Complex in Balongan, West Java. Both of them signed a memorandum of understanding / MoU.

This MoU is a follow-up to the Comprehensive Strategic Framework (CSF) agreement signed by the two companies in July 2019. The CSF is to explore opportunities for cooperation in all oil and gas business chains, both in the United Arab Emirates (UAE), Indonesia, or international.

Pertamina President Director Nicke Widyawati said from the intensive discussion, Pertamina and ADNOC had succeeded in increasing the agreement in a more strategic and specific direction. One of them is to evaluate the potential of developing the oil processing complex into petrochemicals in Balongan. As a first step, both parties will study and explore the proposed business structure and technical configuration for the development of the refinery.

Nicke Widyawati

"Pertamina is opening up to a strategic partnership," said Nicke Widyawati.

According to Nicke Widyawati, the potential for this cooperation is important because the development of the petrochemical complex is planned to be integrated with the Balongan Refinery upgrading project. 

    So that in addition to reducing imports of fuel oil (BBM), this project will also minimize the import of petrochemical products. It targets the project to produce high-value products and meet domestic and foreign petrochemical product demands, especially polyolefins.

"The potential collaboration with ADNOC will strengthen Pertamina's business steps especially in optimizing the development of the petrochemical refinery in Balongan," said Nicke.

She explained, ADNOC was a potential strategic partner calculated by Pertamina. Because, in addition to his experience managing integrated refineries of petrochemical facilities with the largest capacity in the Middle East and the fourth largest in the world, ADNOC also offered an option to offer Pertamina's participation in the oil and gas production block in the UAE.

The upstream oil and gas cooperation will later be discussed by the two parties. In addition, on the same occasion, Pertamina and ADNOC also signed a liquid gas / LPG supply agreement. In 2020, ADNOC will supply up to 528 thousand metric tons of LPG to Pertamina to secure domestic LPG needs.

"This transaction is also effective because the source is directly from the producer," Nicke said.

ADNOC is also known as one of the largest oil and gas companies that produce LPG in the world with a capacity of more than 10 million metric tons per year for domestic and international markets.

Sultan Ahmed Al Jaber

Meanwhile, Minister of State of the United Arab Emirates (UAE) Sultan Ahmed Al Jaber said the agreement with Pertamina would support ADNOC to strengthen its presence in Indonesia as one of the fastest-growing economic markets in Southeast Asia. 

    This signed agreement also shows the opportunity for innovative value creation and strong bilateral relations between the UAE and the Republic of Indonesia.

IN INDONESIA

Pertamina-Adnoc Kembangkan Kilang Terintegrasi Petrokimia di Balongan

PT Pertamina (Persero) dan Abu Dhabi National Oil Company (ADNOC) sepakat menggali lebih lanjut potensi pengembangan Kompleks Kilang Terintegrasi Petrokimia di Balongan, Jawa Barat. Keduanya telah menandatangani nota kesepahaman/MoU.

MoU ini merupakan tindak lanjut dari kesepakatan Comprehensive Strategic Framework (CSF) yang telah ditandatangani kedua perusahaan pada Juli 2019. CSF ini untuk menjajaki peluang kerja sama di seluruh mata rantai bisnis minyak dan gas, baik di Uni Emirat Arab (UEA), Indonesia, ataupun internasional.

Direktur Utama Pertamina Nicke Widyawati mengatakan dari diskusi intensif tersebut, Pertamina dan ADNOC berhasil meningkatkan kesepakatan ke arah yang lebih strategis dan spesifik. Salah satunya untuk mengevaluasi potensi pengembangan komplek pengolahan minyak menjadi petrokimia di Balongan. Sebagai langkah awal, kedua belah pihak akan mempelajari dan mendalami usulan struktur bisnis dan konfigurasi teknis atas pengembangan kilang tersebut.

“Pertamina membuka diri untuk strategic partnership,” kata Nicke Widyawati.

Menurut Nicke Widyawati, potensi kerja sama ini penting karena pengembangan komplek petrokimia ini rencananya akan terintegrasi dengan proyek perbaikan dan peningkatan kapasitas (upgrading) Kilang Balongan. Sehingga selain akan mengurangi impor Bahan Bakar Minyak (BBM), proyek ini juga akan meminimalkan impor produk petrokimia. 

   Pihaknya menargetkan proyek ini dapat menghasilkan produk yang bernilai tinggi serta memenuhi permintaan produk petrokimia dalam dan luar negeri, terutama polyolefin.

“Potensi kolaborasi dengan ADNOC akan memperkuat langkah bisnis Pertamina khususnya dalam mengoptimalkan pengembangan kilang petrokimia di Balongan,” tegas Nicke.

Nicke Widyawati menjelaskan, ADNOC merupakan mitra strategis potensial yang diperhitungkan Pertamina. Pasalnya, selain berpengalaman mengelola kilang terintegrasi fasilitas petrokimia dengan kapasitas terbesar di Timur Tengah dan terbesar ke­-4 di dunia, ADNOC juga memberikan opsi tawaran partisipasi Pertamina di blok produksi migas di UEA. 

Kerja sama hulu migas ini nantinya akan didiskusikan oleh kedua pihak. Selain itu, dalam kesempatan yang sama, Pertamina dan ADNOC juga menandatangani perjanjian pasokan gas minyak cair/LPG. Pada tahun 2020 ini, ADNOC akan memasok LPG sampai dengan 528 ribu metrik ton untuk Pertamina untuk mengamankan kebutuhan LPG dalam negeri.

“Transaksi ini juga efektif karena sumbernya langsung dari produsen,” ujar Nicke.

ADNOC juga dikenal sebagai salah satu perusahaan migas yang memproduksi LPG terbesar di dunia dengan kapasitas mencapai lebih dari 10 juta metrik ton per tahun untuk kebutuhan dalam negeri maupun pasar internasional. 

Sementara itu, Menteri Negara Uni Emirat Arab (UEA) Sultan Ahmed Al Jaber mengatakan, perjanjian dengan Pertamina akan mendukung ADNOC untuk memperkuat keberadaannya di Indonesia sebagai salah satu pasar pertumbuhan ekonomi tercepat di Asia Tenggara. Kesepakatan yang telah ditandatangani ini juga menunjukkan peluang penciptaan nilai yang inovatif dan hubungan bilateral yang kuat antara UEA dengan Republik Indonesia.

Investor Daily, Page-9, Friday, Jan 17, 2020

Ahok: the Presidential Chief of Staff (KSP) Supports Pertamina to Improve Strategy

PT Pertamina (Persero) Chief Commissioner Basuki Tjahaja Purnama said the government supported the BUMN's move to improve its strategy.

Basuki Tjahaja Purnama aka Ahok

"The point is that the Presidential Chief of Staff (KSP) will fully support me so that all the goals of the President are achieved," said Ahok, Basuki's nickname, at the Bina Graha Building in Jakarta.

Presidential Chief of Staff General Moeldoko

Ahok has met with Presidential Chief of Staff Moeldoko to discuss a number of issues including efforts at the direction of the President to reduce the price of industrial gas, as well as managing strategies at PT Pertamina.

Regarding high gas prices for industries, Ahok explained that the government already knew of inefficient parties in managing gas distribution. To eradicate the oil and gas mafia to reduce the price of industrial gas, Ahok handed it over to the government.

the oil and gas mafia

     Meanwhile, Moeldoko said legal efforts to overcome the oil and gas mafia would be considered.

"The point is that all of the President's policies in the context of oil and gas must be able to run as well as possible and there is nothing that can block them," said Moeldoko.

President Joko Widodo said Moeldoko, often emphasized the improvement of the oil and gas sector so as to reduce the price of industrial gas. This is needed so that the competitiveness of the domestic industry increases and can provide efficiency on the production line.

Investor Daily, Page-9, Wednesday, Jan 15, 2020

Java FSRU 1 Ship Construction Progress Reaches 65%

The progress of the construction of the floating storage Regasification unit (FSRU) as part of the Java 1 Steam Gas Power Plant project has reached 62.5%. Upstream Director of PT Pertamina (Persero) Dharmawan H Samsu welcomed positively and appreciated all those who had contributed to the construction process of the Java 1 FSRU project, including the shipbuilding contractor, Samsung Heavy Industries (SHI).

This release is an important stage for completing the scope of the Java project 1. We hope that the success of the achievement can continue so that the entire project is completed on target, "he said.

The release of the Java 1 FSRU Ship took place at the SHI shipyard in Geoje-si, South Korea, last Saturday (11/1).

Floating Storage Regasification Unit (FSRU)

Dharmawan revealed, Pertamina hopes that SHI can complete the construction of the Java 1 FSRU ship on time, on quality, on budget and according to requirements. Later, the FSRU will become the main supporting facility for Java PLTGU 1. The construction of the Java 1 FSRU ship is projected to be completed in November 2020 and enter Indonesian waters in mid-January 2021.

The commissioning of FSRU vessel regasification is targeted for March 2021. The FSRU will rationalize the LNG, which originates from BP Tangguh, Papua, then supplies the gas produced to the Java 1 PLTGU plant. Meanwhile, the PLTGU's commercial operation target is December 2021.

Kontan, Page-14, Tuesday, Jan 14, 2020

Pertamina Looking for Partners to Manage East Natuna Oil and Gas Block

PT Pertamina (Persero) is looking for partners managing the East Natuna Block. Pertamina Upstream Director Dharmawan Samsu said, there was the great potential that could increase reserves and production from the oil and gas block.

"I think the potential is very good, but we will discuss again with the government about the most appropriate way to carry out activities in East Natuna," Dharmawan said.

East Natuna Block

Dharmawan said Pertamina was open to choosing partners in managing the field. Dharmawan explained the development costs in the field are relatively very large because it requires technology to separate the carbon dioxide.

Dharmawan assessed that the process of finding partners and developing the East Natuna Block can be done simultaneously. So potential partners can see directly the data if needed. But the partners Pertamina is looking for need to have the latest technology and strong financial capabilities.

"We can do data sharing from what we already have, every time we do a joint study. But, we will only consider it seriously," said

Dharmawan.

Arifin Tasrif

The government through the Ministry of Energy and Mineral Resources (ESDM) is helping Pertamina to get partners. ESDM Minister Arifin Tasrif said that the government was currently in discussions with Pertamina to find a solution in the management of the East Natuna Block. The block, which is predicted to have reserves of up to 46 TCF, has not yet been worked out to be explored and produced.

"We are helping to find a partner," Arifin said.

The Director-General of Oil and Gas at the ESDM Ministry, Djoko Siswanto, detailed that the East Natuna Block has two fields that have oil and gas reserves. But for a field that is predicted to have large gas reserves also contains carbon dioxide with a relatively very high amount. This will complicate the gas production process.

"Natuna has gas, there is oil. The oil is to be developed. For gas, the carbon dioxide content is more than 70 percent. Therefore, we want to develop it one by one," said Djoko.

In addition to looking for partners, the government proposes Pertamina to first conduct exploration in the East Natuna region. According to Djoko, this was more efficient and could invite the interests of partners sought by Pertamina.

"In parallel, looking for partners can be done. But it is important that Pertamina conduct exploration first. Just explore the oil field first," said Djoko.

IN INDONESIA

Pertamina Cari Mitra Kelola Blok Migas East Natuna

PT Pertamina (Persero) sedang mencari mitra pengelolaan Blok East Natuna. Direktur Hulu Pertamina Dharmawan Samsu menyampaikan, terdapat potensi besar yang bisa menambah cadangan dan produksi dari blok migas tersebut.

"Saya rasa potensi sangat bagus, tapi kita akan berdiskusi lagi dengan pemerintah mengenai cara yang paling tepat untuk melakukan aktivitas di East Natuna," ujar Dharmawan.

Dharmawan mengatakan Pertamina membuka diri untuk memilih mitra dalam pengelolaan lapangan tersebut. Dharmawan menjelaskan biaya pengembangan di lapangan tersebut relatif sangat besar karena perlu teknologi untuk memisahkan karbondioksida. 

Dharmawan menilai, proses pencarian mitra dan pengembangan Blok East Natuna dapat dilakukan secara bersamaan. Sehingga calon mitra bisa melihat secara langsung data yang sekiranya dibutuhkan. Namun mitra yang dicari Pertamina perlu memiliki teknologi yang mutakhir dan kemampuan finansial yang kuat. 

"Kami bisa melakukan data sharing dari apa yang kami sudah miliki, setiap melakukan joint study. Tapi, kami hanya akan mempertimbangkan yang serius," ujar Dharmawan.

Pemerintah melalui Kementerian Energi dan Sumber Daya Mineral (ESDM) sedang membantu Pertamina untuk mendapatkan mitra. Menteri ESDM Arifin Tasrif mengatakan, saat ini pemerintah terus melakukan diskusi kepada Pertamina untuk bisa mencari solusi dalam pengelolaan Blok East Natuna. Blok yang diprediksi memiliki cadangan hingga 46 TCF ini belum dikerjakan untuk dieksplorasi dan diproduksi.

"Kita sedang membantu untuk cari partner,” kata Arifin.

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Djoko Siswanto memerinci, Blok East Natuna memiliki dua lapangan yang memiliki cadangan minyak dan gas. Namun untuk lapangan yang diprediksi memiliki cadangan gas besar juga mengandung karbon dioksida dengan jumlah relatif sangat tinggi. Hal ini, akan mempersulit proses produksi gas.

"Natuna itu ada gas, ada minyak. Minyak itu yang mau dikembangkan. Untuk gas, kandungan karbon dioksidanya lebih dari 70 persen. Makanya, kita mau kembangkan satu per satu," ujar Djoko.

Selain mencari mitra, pemerintah mengusulkan kepada Pertamina untuk lebih dulu melakukan eksplorasi di kawasan East Natuna. Menurut Djoko, hal ini lebih efisien dan bisa mengundang minat mitra yang dicari Pertamina. 

"Secara paralel mencari partner bisa dilakukan. Tapi yang panting Pertamina melakukan eksplorasi dulu. Eksplorasi saja dulu yang lapangan minyak," ujar Djoko.

Republika, Page-15, Tuesday, Jan 7, 2020

Pertamina is looking for partners to develop the East Natuna Block

The government stated that PT Pertamina (Persero) is looking for partners to develop the East Natuna Block north of Natuna Island which is in dispute with China. The development of the gas block with reserves of 2 trillion cubic feet has not been developed since Pertamina was appointed to work on this block in 2008.

Arifin Tasrif

Energy and Mineral Resources (ESDM) Minister Arifin Tasrif said that his party was still preparing the development of the East Natuna Block with Pertamina. One of them is related to partners that Pertamina will collaborate within working on this oil and gas block.

"That's the partner we're looking for," he said in Jakarta.

However, Acting Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources, Djoko Siswanto, added that the development of the East Natuna Block did not have to wait for Pertamina to complete the process of finding partners. According to him, this oil and gas block can be developed in stages because this block also has oil reserves, not only gas.

"It's only parallel [development and search for partners]. There is no obligation to carry out exploration, well this is from gas transferred to oil exploration. So this process, "he said.

Changes to this exploration obligation will be reported and asked for approval from his side to President Joko Widodo. Related to the method of development, it can be done in stages. 

    The East Natuna Block gas reserves, which have a carbon dioxide content of up to 70%, can be developed later, given the very difficult work. While this block's oil reserves in two fields can be done first.

"The gas is difficult because of high carbon dioxide, so oil [which was developed first]. If the oil is definitely sold, "he said.

Previously, Pertamina Upstream Director Dharmawan H Samsu revealed, his party continued to coordinate with the government regarding the development of the East Natuna Block. One of them is including the most appropriate way to carry out oil and gas operations in the oil and gas block. 

    Moreover, the potential of the East Natuna Block oil and gas is very good. Given the large size of the oil and gas block, it needs partners in its development. In 2020, he has also planned to start looking for partners.

"What is clear, [2020] is to find partners if possible," he said.

the East Natuna Block

He explained, although the development of the East Natuna Block was carried out in stages, partnerships were still needed to make this block more manageable. He said he opened opportunities for national and multinational oil and gas companies to become state partners. What is clear, it requires potential partners seriously interested in working on the East Natuna Block with Pertamina.

"[Partners] who have the ability, in terms of technology and financial and human capital," explained Dharmawan.

the Natuna D Alpha

He added, there are already oil and gas companies that are interested in becoming partners. Unfortunately, he was reluctant to specify the name of this oil and gas company. The government for the first time officially appointed Pertamina to develop the Natuna D-Alpha Block in the Minister of Energy and Mineral Resources Number 3588/11 / MEM / 2008 dated June 2, 2008 concerning the Status of the Natuna D Alpha Gas (before changing to East Natuna).

IN INDONESIA

Pertamina Cari Mitra Kembangkan Blok East Natuna

Pemerintah menyatakan PT Pertamina (Persero) sedang mencari mitra untuk mengembangkan Blok East Natuna di utara Kepulau Natuna yang menjadi sengketa dengan Tiongkok. Pengembangan blok gas dengan cadangan 2 triliun kaki kubik ini belum ada perkembangan sejak Pertamina ditunjuk untuk menggarap blok ini pada 2008 lalu. 

Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif mengatakan, pihaknya masih menyiapkan pengembangan Blok East Natuna bersama Pertamina. Salah satunya terkait mitra yang akan digandeng Pertamina dalam menggarap blok migas ini. 

“Itu mitra yang sedang kami cari,” kata dia di Jakarta.

Meski demikian, Pelaksana Tugas Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Djoko Siswanto menambahkan, pengembangan Blok East Natuna tidak harus menunggu Pertamina merampungkan proses pencarian mitra. Menurutnya, blok migas ini bisa dikembangkan secara bertahap lantaran blok ini juga memiliki cadangan minyak, tidak hanya gas. 

“Paralel saja kan [pengembangan dan pencarian mitra]. Kan ada kewajiban untuk melakukan eksplorasi, nah ini yang dari gas dipindahkan ke eksplorasi minyak. Jadi proses ini,” tuturnya.

Perubahan kewajiban eksplorasi ini-lah yang akan dilaporkan dan dimintakan persetujuan pihaknya kepada Presiden Joko Widodo. Terkait metode pengembangannya, bisa dilakukan secara bertahap. 

    Cadangan gas Blok East Natuna yang memiliki kandungan karbondioksida hingga 70% bisa dikembangkan belakangan mengingat pengerjaannya sangat susah. Sementara cadangan minyak blok ini yang berada di dua lapangan bisa dilakukan terlebih dahulu.

“Gasnya susah karena karbondioksida tinggi, makanya minyak [yang dikembangkan dulu]. Kalau minyak pasti laku lah dijual,” ujar dia.

Sebelumnya, Direktur Hulu Pertamina Dharmawan H Samsu mengungkapkan, pihaknya terus berkoordinasi dengan pemerintah terkait pengembangan Blok East Natuna. Salah satunya termasuk bagaimana cara paling tepat untuk melakukan kegiatan operasi migas di blok migas tersebut. 

     Apalagi, potensi migas Blok East Natuna sangat bagus. Mengingat besarnya ukuran blok migas tersebut, pihaknya membutuhkan mitra dalam pengembangannya. Pada 2020 ini, pihaknya juga telah berencana mulai mencari mitra. 

“Yang jelas, [tahun 2020 ini] mencari mitra kalau bisa,” kata dia. 

Dia menjelaskan, meski pengembangan Blok East Natuna dilakukan bertahap, kemitraan tetap dibutuhkan agar blok ini lebih mudah dikelola. Pihaknya membuka peluang bagi perusahaan migas nasional maupun multinasional untuk menjadi mitra persero. Yang jelas, pihaknya mensyaratkan calon mitra serius berminat menggarap Blok East Natuna bersama Pertamina.

“[Mitra] yang punya kemampuan, dari sisi teknologi maupun finansial dan human capital,” jelas Dharmawan. 

Ditambahkannya, sudah ada perusahaan migas yang berminat menjadi mitra. Sayangnya, dia enggan merinci nama perusahaan migas ini. Pemerintah pertama kalinya secara resmi menunjuk Pertamina untuk mengembangkan Blok Natuna D-Alpha dalam Surat Menteri ESDM Nomor 3588/11/MEM/2008 tertanggal 2 Juni 2008 tentang Status Gas Natuna D Alpha (sebelum berganti menjadi East Natuna).

Investor Daily, Page-9, Tuesday, Jan 7, 2020