The Government Free the Oil and Gas Data Access Fee

Oil and gas companies that are interested in participating in the oil and gas block auction now no longer need to spend up to US $ 80 thousand to obtain block data targeted. Because the Ministry of Energy and Mineral Resources (ESDM) frees data access fees for bidders. 

    Head of the ESDM Ministry's Data and Information Technology Center (Pusdatin) Agus Cahyono said that oil and gas companies participating in the auction had been charged two fees, namely US $ 5,000 in bid documents and US$ 80 thousand in data access. Data access is needed by companies to see seismic or drilling data related to the oil and gas blocks being auctioned.

"The policy that we issued for the next auction is that every participant who has participated in the auction or takes the bid document to evaluate us

give access to the data at a rate of 0 (Zero), "he said in Jakarta, Friday (11/2).

So that oil and gas companies only need to pay US$ 5,000 for auction documents. While the oil and gas block data package which is around US $ 30-80 thousand is no longer charged. This data access fee must be replaced by the oil and gas company when the company wins the oil and gas block auction.

"Later, the winners are only asked to pay according to the current mechanism, the rate according to the data accessed, what seismic per kilometer and others, "the maximum is US$ 80 thousand," said Agus.

Free access is only given during the auction period. However, the company is also required to sign a statement that the data accessed can only be used for auction purposes. Agus explained that this policy was taken assuming that the data access fee of US $ 80 thousand was very burdensome for companies. 

      This can be seen from the minimal number of companies accessing oil and gas data during 2010-2018. In that period, the government has held 215 bids, but only 223 companies have access to the data.

"It means, if on average, every time we do an oil and gas block auction, there is only 1 company that accesses the data," he said.

With this new policy, he hopes that more companies will be interested in participating in the oil and gas block auction. Not just a lot of enthusiasts, it also wants to attract oil and gas companies that are serious about investing.

"Now it is still in the regulatory process that frees data access fees," said Agus.

Later, the results of the sale of this data package will be used to pay for data management. The oil and gas block data is managed by the PT Pertamina (Persero) Techology Center (UTC) Unit since March 2018. Previously, the oil and gas data was managed by Patra Nusa Data.

IN INDONESIAN

Pemerintah Gratiskan Biaya Akses Data Migas

Perusahaan migas yang berminat mengikuti lelang blok migas kini tidak lagi perlu mengeluarkan biaya hingga US$ 80 ribu untuk memperoleh data blok yang di incarnya. Pasalnya, Kementerian Energi dan Sumber Daya Mineral (ESDM) membebaskan biaya akses data bagi peserta lelang. 

    Kepala Pusat Data dan Teknologi Informasi (Pusdatin) Kementerian ESDM Agus Cahyono menuturkan, selama ini perusahaan migas yang mengikuti lelang dikenai dua biaya, yakni biaya dokumen lelang US$ 5.000 dan akses data maksimal US$ 80 ribu. Akses data diperlukan perusahaan untuk melihat data seismik atau pengeboran terkait blok migas yang dilelang.

“Kebijakan yang kami keluarkan untuk lelang selanjutnya setiap peserta yang sudah ikut lelang atau mengambil bid document, untuk mengevaluasi, kami berikan akses datanya dengan tarif 0 (Nol) ,” kata dia di Jakarta, Jumat (2/11).

Sehingga perusahaan migas hanya perlu membayar US$ 5.000 untuk dokumen lelang saja. Sementara paket data blok migas yang sekitar US$ 30-80 ribu tidak lagi dikenakan biaya. Biaya akses data ini harus diganti oleh perusahaan migas ketika perusahaan tersebut memenangkan lelang blok migas.

“Nanti yang menang baru diminta bayar sesuai mekanisme yang ada sekarang, tarif sesuai data yang diakses, seismik per kilometer berapa dan lainnya, maksimal US$ 80 ribu,” jelas Agus. 

Akses gratis itu hanya diberikan selama masa lelang. Namun, perusahaan juga wajib menandatangani pernyataan bahwa data yang diakses hanya boleh dipakai untuk keperluan lelang. Agus menjelaskan, kebijakan ini diambil dengan asumsi biaya akses data US$ 80 ribu itu sangat memberatkan perusahaan. 

    Hal ini terlihat dari minimnya jumlah perusahaan yang mengakses data migas selama 2010-2018. Dalam jangka waktu tersebut, pemerintah telah menggelar lelang sebanyak 215 kali, namun peserta yang mengakses data hanya 223 perusahaan.

“Artinya, kalau di rata-rata, setiap kami lakukan lelang blok migas, hanya ada 1 perusahaan yang mengakses data ,” tuturnya.

Dengan adanya kebijakan baru ini, pihaknya berharap semakin banyak perusahaan yang berminat mengikuti lelang blok migas. Tidak sekedar banyak peminat, pihaknya juga ingin menggaet perusahaan migas yang memang serius ingin berinvestasi. 

“Sekarang masih dalam proses regulasi yang membebaskan biaya akses data" kata Agus.

Nantinya, hasil penjualan paket data ini akan digunakan untuk membayar pengelolaan datanya. Data blok migas ini dikelola oleh Unit Techonology Center (UTC) PT Pertamina (Persero) sejak Maret 2018. Sebelumnya, data migas itu dikelola oleh Patra Nusa Data.

Investor Daily, Page-9, Saturday, Nov 3, 2018

ESDM Provides Free Data Access

The Ministry of Energy and Mineral Resources (ESDM) seeks to attract investment in the oil and gas sector. The method is through the release of data package fees for bidders. Agus Cahyono Adi, Head of the ESDM Ministry of Data and Information Technology Center, said that many companies participated in the oil and gas working area auction. Unfortunately, there is little access to data.

According to Agus, oil and gas companies still have to pay US $ 5,000 to buy auction documents so that they can automatically become bidders. But many do not continue the data access process because they have to spend a lot of money on data packages around US $ 30,000 - US $ 80,000. As a result, in each oil and gas WK auction, only one company accesses data.

"So far, when participating in the auction, we want to take paid data. The fact is that there are not many data. For eight years, we conducted 215 auctions, but only 223 data were accessed. That is, if we auctioned on average WK is only one participant, mostly one company, "Agus said, Friday (11/2).

But actually, the rules for the release of data package fees for oil and gas WK auction participants are not completely free. Agus said, if one of the bidders who had accessed the data package managed to come out as the winner of the oil and gas working area, the auction participant would still have to pay for the use of the facility.

IN INDONESIA

ESDM Beri Akses Data Gratis

Kementerian Energi dan Sumber Daya Mineral (ESDM) berusaha untuk menarik investasi di sektor minyak dan gas (migas). Caranya, lewat pembebasan biaya paket data untuk para peserta lelang. Agus Cahyono Adi, Kepala Pusat Data dan Teknologi Informasi Kementerian ESDM mengatakan banyak perusahaan yang mengikuti Ielang Wilayah kerja (WK) migas. Sayangnya yang mengakses data masih sedikit.

Menurut Agus, perusahaan migas masih harus membayar US$ 5.000 untuk membeli dokumen lelang sehingga secara otomatis mereka bisa menjadi peserta tender. Tapi banyak yang tidak melanjutkan proses akses data karena harus mengeluarkan banyak uang untuk paket data sekitar US$ 30.000- US$ 80.000. Alhasil, dalam tiap lelang WK migas, yang mengakses data hanya satu perusahaan.

"Selama ini, begitu ikut lelang, mau mengambil data bayar. Kenyataannya yang mengambil data tidak banyak. Selama delapan tahun, kami melakukan lelang ada 215 lelang, tapi data yang diakses hanya 223 peserta. Artinya, kalau di rata-rata setiap kami melakukan lelang WK hanya satu peserta, sebagian besar satu perusahaan," kata Agus, Jumat (2/11).

Tapi sebenarnya, aturan main pembebasan biaya paket data untuk peserta lelang WK migas tidak sepenuhnya benar-benar gratis. Agus menyebutkan, jika salah satu peserta lelang yang sudah mengakses paket data berhasil keluar sebagai pemenang Wilayah kerja migas, maka peserta lelang tetap harus membayar penggunaan fasilitas itu.

Kontan, Page-14, Saturday, Nov 3, 2018

Exploration Oil and Gas Blocks Still Lack of Interested

The government only sets the winner in one block from the auction of 19 exploration oil and gas blocks

The interest of oil and gas entrepreneurs to invest in exploration blocks is relatively low. The indication is that from the 19 exploration blocks that were auctioned so far this year, the government only decided on the winner for an exploration oil and gas block. The winner of the exploration block is set at the second phase of the auction, namely the period August 14 to October 13, 2018.

In this period, the Ministry of Energy and Mineral Resources (ESDM) actually auctioned six oil and gas blocks, including three termination blocks (production) and three exploration blocks. From the auction, the government assigns winners in four blocks, each of which is three production blocks and one exploration block. The Ministry of Energy and Mineral Resources has not been able to identify the auction winner.

"All termination blocks are in demand," said the Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, Djoko Siswanto, after a hearing with Commission VII of the House of Representatives (DPR).

The best-selling termination oil and gas blocks are the Long Strait Block, South Jambi B Block and Makassar Strait Block. So, only one exploration oil and gas block is sold in the second phase of the auction. Djoko stressed that the two exploration blocks that have not been sold do not mean investors are not interested.

"The exploration block is not unsold. Actually it is in demand and there are those who are interested," he added.

Throughout this year, the government has auctioned 19 exploration and oil and gas blocks on a regular basis. From the results of the first phase of the auction, all exploration oil and gas blocks have not been sold, so the Ministry of Energy and Mineral Resources has re-opened the second phase of the auction. At this auction, the government only offered three exploration oil and gas blocks. From the auction results, only one exploration block is sold.

In the near future, the Ministry of Energy and Mineral Resources will officially announce the winner of the second phase of the oil and gas block auction. The government still has time to announce the second phase of the oil and gas block until October 25, 2018. The government will continue to evaluate the exploration block that has not been sold. 

   Head of SKK Migas, Amien Sunaryadi also assessed that exploration is very important to increase Indonesia's oil and gas reserves. Currently there are 224 oil and gas blocks in the country. Of that number, only 74 blocks have been produced and the majority are old-age blocks.

"This illustrates the trend of oil and gas lifting is decreasing, while the trend of production costs (Cost recovery) has not decreased. Indonesia must prioritize exploration," said Amien.

IN INDONESIAN

Blok Migas Eksplorasi Masih Sepi Peminat

Pemerintah hanya menetapkan pemenang di satu blok dari lelang 19 blok migas eksplorasi

Minat para pengusaha migas untuk berinvestasi di blok eksplorasi terbilang rendah. Indikasinya, dari 19 blok eksplorasi yang dilelang sepanjang tahun ini, pemerintah hanya memutuskan pemenang untuk satu blok migas eksplorasi. Pemenang blok eksplorasi ditetapkan pada lelang tahap kedua, yakni periode 14 Agustus hingga 13 Oktober 2018.

Di periode ini, Kementerian Energi dan Sumber Daya Mineral (ESDM) sebenarnya melelang enam blok migas, meliputi tiga blok terminasi (produksi) dan tiga blok eksplorasi. Dari lelang itu, pemerintah menetapkan pemenang di empat blok, masing-masing tiga blok produksi dan satu blok eksplorasi. Kementerian ESDM belum bisa menyebutkan identitas pemenang lelang. 

"Blok terminasi diminati semua," kata Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Djoko Siswanto usai Rapat Dengar Pendapat dengan Komisi VII Dewan Perwakilan Rakyat (DPR).

Adapun blok migas terminasi yang laris adalah Blok Selat Panjang, Blok South Jambi B dan Blok Makassar Strait. Jadi, hanya satu blok migas eksplorasi yang laku dalam lelang tahap kedua. Djoko menegaskan dua blok eksplorasi yang belum laku bukan berarti tidak diminati investor. 

"Blok eksplorasi bukan tidak laku. Sebenarnya memang diminati dan ada yang tertarik," tambahnya.

Sepanjang tahun ini, pemerintah telah melelang 19 blok migas eksplorasi secara reguler. Dari hasil lelang tahap pertama, seluruh blok migas eksplorasi belum laku sehingga Kementerian ESDM kembali membuka lelang tahap kedua. Di lelang ini, pemerintah hanya menawarkan tiga blok migas eksplorasi. Dari hasil lelang itu, hanya satu blok eksplorasi yang laku.

Dalam waktu dekat, Kementerian ESDM akan mengumumkan secara resmi pemenang lelang blok migas tahap kedua. Pemerintah masih punya waktu mengumumkan Ielang blok migas tahap kedua hingga 25 Oktober 2018. Pemerintah akan terus mengevaluasi blok eksplorasi yang belum laku. 

   Kepala SKK Migas, Amien Sunaryadi juga menilai eksplorasi sangat penting untuk menambah cadangan migas Indonesia. Saat ini terdapat 224 blok migas di Tanah Air. Dari jumlah itu, hanya 74 blok yang sudah berproduksi dan mayoritas merupakan blok yang berumur tua. 

"Ini menggambarkan tren lifting migas menurun, sedangkan tren biaya produksi (Cost recovery) tidak menurun. Indonesia harus memprioritaskan eksplorasi,“ kata Amien.

Kontan, Page-14, Tuesday, Oct 16, 2018

Oil and Gas Contractors Are Not Required to Use L/C

The Government decided to exclude the use of Letter of credit (L / C) for oil and gas contractors who export oil and gas (oil and gas). Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM), Djoko Siswanto said, in the attachment of the Minister of Trade Regulation No. 94 of 2018 concerning Provisions on the Use of Letter of Credit for Export of Certain Goods, oil and gas exports are not required to use L / C.

This is because the oil and gas industry has used a bank guarantee, aka standby letter of credit (SBLC).

"The oil and gas industry is not obliged to use, contractors have used the SBLC, yes," he said.

According to Djoko, the oil and gas industry has always used SBLC in oil and gas transactions. That way, the industry no longer needs to use L / C because the principle is the same.

"Some say L / C is a guarantee. Well, that's why this is a problem of definition, understanding, even though it's the same. In the world of oil and gas, the L / C has entered the SBLC," Djoko added.

The oil and gas industry already has its own mechanism for oil and gas exports. Some related regulations include Bank Indonesia Regulation (PBI) Number 16/10 / PBI / 2014 and PBI Number 17/20 / PBI / 2014.

Previously, oil and gas contractors were preoccupied with the obligation to sell oil to PT Pertamina. However, the regulation on the obligation to sell oil is still constrained by the Minister of Finance Regulation regarding 3% tax for Cooperation Contract Contractors (KKKS) who sell oil to domestic.

IN INDONESIA

Kontraktor Migas Tidak Wajib Menggunakan L/C

Pemerintah memutuskan untuk mengecualikan penggunaan Letter of credit (L/C) bagi kontraktor migas yang mengekspor minyak dan gas (migas). Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM), Djoko Siswanto mengatakan, dalam lampiran Peraturan Menteri Perdagangan Nomor 94 Tahun 2018 tentang Ketentuan Penggunaan Letter of Credit untuk Ekspor Barang Tertentu, tidak disebutkan ekspor migas wajib menggunakan L/C.

Hal tersebut karena industri migas sudah menggunakan bank garansi alias standby letter of credit (SBLC). 

“Industri migas sudah tidak wajib menggunakan , kontraktor sudah menggunakan SBLC, ya sudah,” ujar dia.

Menurut Djoko, industri migas sudah sejak dahulu menggunakan SBLC dalam transaksi migas. Dengan begitu, industri tidak perlu lagi menggunakan L/C karena prinsipnya sama. 

"Ada yang mengatakan L/C itu jaminan. Nah, makanya ini masalah definisi, pengertian, padahal sama. Di dunia migas, L/C itu sudah masuk SBLC,” tambah Djoko.

Industri migas memang sudah memiliki mekanisme sendiri dalam melakukan ekspor migas. Beberapa aturan terkait antara lain Peraturan Bank Indonesia (PBI) Nomor 16/10/PBI/2014 dan PBI Nomor 17/20/PBI/2014. 

Sebelumnya, kontraktor migas sedang disibukkan dengan kewajiban menjual minyak ke PT Pertamina. Namun aturan kewajiban menjual minyak itu masih terkendala Peraturan Menteri Keuangan terkait pajak sebesar 3% bagi Kontraktor Kontrak Kerja Sama (KKKS) yang menjual minyak ke domestik.

Kontan, Page-14, Monday, Oct 8, 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

Pertamina Starts Search Partners RDMP Balikpapan Plant

PT Pertamina (Persero) stated that the project construction of the refinery, both the new unit construction and the upgrading of the Iama unit, is still running as planned. In fact, Pertamina is now looking for partners to work on upgrading project of Balikpapan Refinery. The government's policy of reassigning Premium sales in Java does not disrupt this refinery project.

As is known, to date, an additional 571 retail outlets have re-sold Premium, so there are about 2,000 gas stations that provide Premium. Whereas on the other hand, Pertamina is now building a new refinery and refine the old refinery so it can produce fuel oil (BBM) at least Euro 4 standard. While Premium is a standard fuel Euro 2.

Nicke Widyawati

Pertamina Managing Director Nicke Widyawati said that the company will not change the plan to build refineries, although Premium is mandated to be sold in Java, Madura and Bali. All refineries will still produce quality BBM Euro 4, even Euro 5.

"Other products are still needed, yesterday (consumption) Pertamax is also high increase. So there is still demand, because the new cars are now fueled at least Euro 4, "She said in Jakarta.

Even it is now starting to look for partners to work on repair Balikpapan Refinery. The Company has established informal communication from several companies that expressed interest in participating in the development of the Balikpapan refinery. Cooperation with other companies is Pertamina's strategy to work on projects that require substantial funds. Pertamina party has started market sounding in order to find partners for this Balikpapan Refinery Project.

"Already begun. So the target we expect this year (already got partners), "said Nicke.

Parallel, the company will begin construction of Balikpapan Plantation Project Phase I this year. The development of the Balikpapan refinery starts in 2017 and is done in two stages. The Phase I work on this project is targeted to be completed in 2021. The Balikpapan I Phase I RDMP is targeted to be completed by 2021. At that time, Balikpapan Refinery capacity will increase by 100 thousand bpd to 350 thousand bpd.

For information, Pertamina is working on six refinery projects at once, both new units as well as capacity and quality improvement from its refineries

there is. Construction of two new units in Tuban, East Java and Bontang, East Kalimantan. While repairing four existing refineries in Balongan, West Java; Balikpapan, East Kalimantan; Dumai, Riau; and Cilacap, Central Java. Funds needed to complete the project this is very big, which is about US $ 30 billion.

Once the Balikpapan Phase I Plant is completed, Pertamina's refinery capacity will increase to 1.1 million bpd. Next, in 2023, RDMP and Cilacap Refinery Balongan refinery is targeted to complete and increase the total refinery capacity to 1.3 million bpd. In 2024, the Tuban Grass Root Refinery (GRR) Project and the Dumai Refinery RDMP are scheduled to be completed so that the refinery capacity will increase to 1.7 million bpd. Finally in 2025, GRR Bontang and RDMP Refinery of Balikpapan Phase II will be completed and Pertamina refinery capacity increased to 2 million bpd.

To Euro 4

Vice President of Corporate Communications Pertamina Adiatma Sardjito added, pihknya has made a step to implement the marketing of Euro Euro 4 fuel. This is not only related to the development of refineries only. Currently, even though the refinery project has not been fully completed, the company has been producing fuel equivalent to Euro 4, namely Pertamax Turbo.

One of Pertamina's efforts is to prepare intermediate products that bridge the change from Euro 2 to Euro 4, namely Pertalite. "Step there is Ron 88 (Premium), to Pertalite, and to Pertamax. Pertalite is not the final goal, but Pertamax Euro 4, "he said.

This is important because there are not many countries that use BBM Euro 2. Besides Indonesia, only Egypt, Russia, and North Korea which still consume BBM Euro 2. In fact, from the circumference side, the impact of the use of fuel Euro 2 is not good. The reason, sulfur content become one of the two different types of fuel

"So the fuel specification is RON, CO (carbon monoxide), HO (hydrogen monoxide), fuel point, and the dominant damaging environment is sulfur. Euro 4 is one of them sulfur should be below 50 ppm (part per million), "said Adiatma.

Currently, the production of Pertamax Turbo RON 95 from Balongan Refinery is called 9,500 kiloliters (KL). This supply is sufficient to supply 329 gas stations in DKI, West Java, and Banten. However, there are actually about 790 retail outlets selling Pertamax Turbo. Pertamina's Euro 4 equivalent fuel supply will increase after the Cilacap Blue Sky Project is completed by the end of this year.

Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar affirmed that the policy of premium provision throughout Indonesia is a Premium instruction. Nevertheless, it is now studying what kind of strategy so that this policy does not interfere with existing Pertamax consumption trends.

"As we look at it, learn what kind of forward strategy to avoid having to rewind Pertamax," he said.

So far the government's policy is to ensure the availability of Premium and fuel prices will not rise until the end of the year. For information, the Regulation of the Minister of Environment and Forestry No. 20 of 2017 mandates the application of Euro 4 Euro fuel emission standards on motor vehicles being produced no later than one year and six months after the rules apply to gasoline-fueled vehicles, CNG and LPG. Meanwhile, for motor vehicles fueled diesel Euro 4 relatively long, ie four years. Ministerial Regulation of LHK 20/2017 is valid from 7 April 2017.

IN INDONESIA

Pertamina Mulai Cari Mitra Garap RDMP Kilang Balikpapan

PT Pertamina (Persero) menyatakan pengerjaan proyek Kilang baik pembangunan unit baru maupun upgrading unit Iama, tetap berjalan sesuai dengan rencana. Bahkan, Pertamina kini sedang mencari mitra untuk menggarap proyek upgrading Kilang Balikpapan. Kebijakan pemerintah menugaskan kembali penjualan Premium di Jawa tidak mengganggu proyek kilang ini.

Seperti diketahui, hingga saat ini, tambahan 571 SPBU telah kembali menjual Premium, sehingga terdapat sekitar 2.000 SPBU yang menyediakan Premium. Padahal di sisi lain, Pertamina kini sedang membangun kilang baru dan memperbaiki kilang lama sehingga dapat menghasilkan Bahan Bakar Minyak (BBM) minimal standar Euro 4. Sementara Premium merupakan BBM standar Euro 2.

Pelaksana Tugas Direktur Utama Pertamina Nicke Widyawati menuturkan, pihaknya tidak akan mengubah rencana pembangunan kilang yang telah dibuat, meski Premium diamanatkan untuk kembali dijual di Jawa, Madura, dan Bali. Seluruh kilang nantinya tetap akan menghasilkan BBM kualitas Euro 4, bahkan Euro 5.

“Produk lain kan masih diperlukan, kemarin (konsumsi) Pertamax juga peningkatannya tinggi. Jadi tetap demand ada, karena mobil-mobil baru sekarang bahan bakarnya minimal Euro 4,” kata Nicke di Jakarta.

Bahkan pihaknya kini sudah mulai mencari mitra untuk menggarap perbaikan Kilang Balikpapan. Perseroan sudah menjalin komunikasi informal dari beberapa perusahaan yang menyatakan minatnya ikut dalam pengembangan kilang Balikpapan. Kerja sama dengan perusahaan lain merupakan strategi Pertamina untuk menggarap proyek yang membutuhkan dana besar. Pihak Pertamina sudah memulai market sounding dalam rangka mencari mitra untuk Proyek Kilang Balikpapan ini.

“Sudah mulai. Jadi targetnya kami harapkan tahun ini (sudah mendapat mitra) ,” tutur Nicke.

Paralel, perseroan bakal mulai konstruksi Proyek Kilang Balikpapan Tahap I pada tahun ini. Pengembangan kilang Balikpapan dimulai sejak tahun 2017 dan dikerjakan dalam dua tahap. Pengerjaan Tahap I proyek ini ditargetkan rampung pada 2021. RDMP Kilang Balikpapan Tahap I ditargetkan selesai pada 2021. Pada saat itu, kapasitas Kilang Balikpapan akan bertambah sebesar 100 ribu bph menjadi 350 ribu bph.

Sebagai informasi, Pertamina mengerjakan enam proyek kilang sekaligus, baik unit baru maupun peningkatan kapasitas dan kualitas dari kilang yang ada. Pembangunan dua unit baru yakni di Tuban, Jawa Timur dan Bontang, Kalimantan Timur. Sementara perbaikan empat kilang eksisting yang tersebar

di Balongan, Jawa Barat; Balikpapan, Kalimantan Timur; Dumai, Riau; serta Cilacap, Jawa Tengah. Dana yang dibutuhkan untuk merampungkan proyek ini sangat besar, yakni sekitar US$ 30 miliar.

Begitu Kilang Balikpapan Tahap I selesai, kapasitas kilang Pertamina akan naik menjadi 1,1 juta bph. Berikutnya, pada 2023, RDMP Kilang Cilacap dan Kilang Balongan ditargetkan selesai dan meningkatkan total kapasitas kilang menjadi 1,3 juta bph. Pada 2024, Proyek Grass Root Refinery (GRR) Tuban dan RDMP Kilang Dumai dijadwalkan rampung sehingga kapasitas kilang naik menjadi 1,7 juta bph. Terakhir pada 2025, GRR Bontang dan RDMP Kilang Balikpapan Tahap II bakal selesai dan kapasitas kilang Pertamina meningkat mencapai 2 juta bph.

Menuju Euro 4

Vice President Corporate Communication Pertamina Adiatma Sardjito menambahkan, pihknya telah menyusun langkah untuk menerapkan pemasaran BBM Standar Euro 4. Hal ini tidak hanya terkait pembangunan kilang saja. Saat ini pun, meski proyek kilang belum seluruhnya rampung, perseroan telah memproduksi BBM dengan standar setara Euro 4, yakni Pertamax Turbo.

Salah satu yang dilakukan Pertamina adalah menyiapkan produk antara yang menjembatani perubahan dari Euro 2 ke Euro 4, yakni Pertalite. “Step-nya ada Ron 88 (Premium), ke Pertalite, dan ke Pertamax. Pertalite bukan tujuan akhir, tetapi Pertamax Euro 4,” ujar dia.

Hal ini dinilainya penting karena tidak banyak lagi negara yang menggunakan BBM Euro 2. Selain Indonesia, hanya Mesir, Rusia, dan Korea Utara yang masih mengonsumsi BBM Euro 2. Padahal, dari sisi lingkimgan, dampak dari pemakaian BBM Euro 2 ini tidak bagus. Pasalnya, kandungan sulfur

menjadi salah satu pembeda dua jenis BBM  

“Jadi bahan bakar itu spesifikasinya ada RON, CO (karbon monoksida), HO (hidrogen monoksida), titik bakar, dan yang dominan merusak lingkungan adalah sulfur. Euro 4 itu salah satunya sulfur harus di bawah 50 ppm (part per million),” jelas Adiatma.

Saat ini, produksi Pertamax Turbo RON 95 dari Kilang Balongan disebutnya sebesar 9.500 kiloliter (KL). Pasokan ini cukup untuk menyuplai 329 SPBU di DKI, Jawa Barat, dan Banten. Meski demikian, sebenarnya telah ada sekitar 790 SPBU yang menjual Pertamax Turbo. Pasokan BBM setara Euro 4 Pertamina akan bertambah setelah Proyek Langit Biru Kilang Cilacap selesai pada akhir tahun ini.

Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar menegaskan kebijakan penyediaan Premium di seluruh Indonesia merupakan instruksi Premium. Meski demikian, pihaknya kini sedang mempelajari seperti apa strateginya agar kebijakan ini tidak mengganggu tren konsumsi Pertamax yang telah ada.

“Sedang kami cermati, pelajari strateginya ke depan seperti apa supaya tidak memundurkan Pertamax,” kata dia. 

Sejauh ini kebijakan pemerintah adalah menjamin ketersediaan Premium dan harga BBM tidak akan naik sampai akhir tahun. Sebagai informasi, Peraturan Menteri Lingkungan Hidup dan Kehutanan Nomor 20 Tahun 2017 mengamanatkan penerapan standar emisi BBM Euro 4 pada kendaraan bermotor yang sedang diproduksi paling lambat satu tahun enam bulan sejak aturan berlaku untuk kendaraan bermotor berbahan bakar bensin, CNG dan LPG.

Sementara, untuk kendaraan bermotor berbahan bakar diesel Euro 4 relatif panjang, yaitu empat tahun. Peraturan Menteri LHK 20/2017 ini berlaku sejak 7 April 2017.

Investor Daily, Page-9, Monday, June 25, 2018.

OPEC and on-OPEC Will Pump Oil Supply

The outcome of a meeting of member countries of the World Petroleum Exporting Organization or OPEC and its non-OPEC oil allies eventually resulted in a decision. At the end of the meeting on Friday (22/6), oil-producing countries agreed to increase production moderately to prevent oil deficits that could damage global economic growth.

The agreement was reached after Saudi Arabia succeeded in persuading Iran, its rival oil-producing country, to approve an increase in production. Unfortunately, it is not known exactly how the target of OPEC oil production increase so that market players are still a question mark. What is clear, the policy will come into effect next month.

The decision to make Brent oil prices rose US $ 2.5 or 3.4% on that day to the level of US $ 75.55 per barrel. US President Donald Trump seems to welcome the OPEC ruling.

"Hopefully OPEC will raise its production substantially - prices need to be kept low," Trump twitt through his personal Twitter account following the OPEC announcement.

OPEC and non-OPEC said in a statement as quoted by Reuters, they will restore production levels as before pruning policies agreed earlier. OPEC and a non-OPEC joint will pump about 1 million barrels per day (bpd) in the coming months. That's tantamount to 1% of global supply. The top global oil exporter namely Saudi Arabia will increase production to hundreds of thousands of barrels without definite numbers.

While Iraq says production will rise by 700,000 bpd. Russian Energy Minister Alexander Novak said his country will add 200,000 bpd in the second half of 2018. For your information, since 2016, the OPEC countries agreed to cut oil production by 1.8 million barrels per day.

IN INDONESIA

OPEC dan on-OPEC Akan Memompa Pasokan Minyak

Hasil pertemuan negara-negara anggota Organisasi Pengekspor Minyak Dunia atau OPEC dan para sekutu penghasil minyak non OPEC akhirnya membuahkan keputusan. Pada penghujung pertemuan, Jumat (22/6), negara penghasil minyak sepakat meningkatkan produksi secara moderat untuk mencegah defisit minyak yang dapat merusak pertumbuhan ekonomi global.

Kesepakatan tersebut dicapai setelah Arab Saudi berhasil membujuk Iran, negara produsen minyak pesaingnya, untuk menyetujui peningkatan produksi. Sayang, belum diketahui berapa persisnya target peningkatan produksi minyak OPEC sehingga pelaku pasar masih tanda tanya. Yang jelas, kebijakan tersebut akan mulai berlaku bulan depan.

Keputusan tersebut membuat harga minyak Brent naik US$ 2,5 atau 3,4% pada hari itu ke level US$ 75,55 per barel. Presiden Amerika Serikat (AS) Donald Trump tampaknya menyambut baik putusan OPEC tersebut. 

"Semoga OPEC menaikkan produksinya secara substansial. Harga perlu dijaga tetap rendah," kicau Trump melalui akun Twitter pribadinya pasca pengumuman OPEC.

OPEC dan non-OPEC menyebutkan dalam pernyataan seperti dikutip Reuters, mereka akan mengembalikan tingkat produksi seperti sebelum kebijakan pemangkasan yang disepakati sebelumnya. OPEC dan gabungan non-OPEC akan memompa sekitar 1 juta barel per hari (bph) dalam beberapa bulan mendatang. Itu sama saja dengan 1% dari pasokan global. Eksportir minyak global teratas yakni Arab Saudi akan meningkatkan produksi hingga ratusan ribu barel tanpa memberi angka pasti.

Sedangkan Irak menyatakan produksi akan naik sekitar 700.000 bph. Adapun Menteri Energi Rusia Alexander Novak bilang, negaranya akan menambah 200.000 bph pada paruh kedua 2018. Sekadar informasi, sejak 2016, negara OPEC sepakat memangkas produksi minyak hingga 1,8 juta barel per hari.

Kontan, Page-22, Monday, June 25, 2018.

PGN & Pertagas Integration Still Finalization Stage

The process of integration of PT Perusahaan Gas Negara Tbk. and PT Pertamina Gas are still being prepared so that finalization of the two companies' integration transactions into the sub holding gas of state-owned oil and gas company on June 29, 2018.

President Director of Perusahaan Gas Negara (PGN) Jobi Triananda Hasjim said that the company is still waiting to decide the scheme of integration process with Pertamina Gas (Pertagas). The Company has not been able to comment further related to the extra ordinary General Meeting of Shareholders (GMS) and the payment transaction integration scheme.

"The point is all being processed, we are targeting this month it is all done," he said.

Acting President Director of PT Pertamina (Persero) Nicke Widyawati had said, the holding company transactions BUMN oil and gas is targeted to be completed on June 29, 2018.

"On June 29, 2018 it was for targeted integration transactions," Nicke said.

Based on Law no. 40/2007 on Limited Liability Company is mentioned when the acquisition transaction is less than 50% of the total net worth of a company, no directors need to request approval through GMS. PGN recorded asset positions worth US $ 6.46 billion until the first quarter of 2018. On the other hand, Pertagas assets amounted to US $ 1.92 billion by the end of 2017.

Deputy for Mining Business, Strategic Industries, and State Ministry of SOEs Fajar Harry Sampurno said that Pertagas valuation will not be more than US $ 2.5 billion. This means that the valuation of Pertagas to be acquired by PGN is under 50% of the PGAS-coded stock issuer's assets so it does not require a general meeting of shareholders.

No layoffs

Related to the formation of the parent company of BUM Migas, Pertamina ensures the integration process of PGN and Pertagas will not make Termination of Employment (PHK) either to PGN or Pertagas employees. Nicke said it reviewed two things, namely transaction schemes and organizations. In the transaction scheme many options will be selected and the company will choose the best for the integration of the gas subholding.

"Well, in the organization, we together with the Ministry of SOEs have also committed no termination of employment in the process of integration of PGN with Pertagas. We also want to raise these two companies, so instead need to add people to the front, "he said.

He stressed, the company will choose an integration scheme for organizations that need no layoffs.

"So, the organizational structure wants to be maintained. Moreover, PGN and Pertagas also have future business plans that must be run, "said Nicke.

Nicke recalls that the emptying of Pertagas President Director in May 2018 was not caused by PGN's integration plan with the subsidiary of Pertamina.

"If the President Director of Pertagas is empty it has nothing to do with integration with PGN. We also have a fill again position, "said Nicke.

On May 18, 2018, Pertagas announced that Suko Hartono had been dismissed with respect from his position of Pertagas President Director. The position was vacated for a while and Pertamina appointed Indra Setyawati as the daily duties and concurrently the Commercial and Development Director

Business Pertagas.

IN INDONESIA

Integrasi PGN & Pertagas Masih Tahap Finalisasi

Proses integrasi PT Perusahaan Gas Negara Tbk. dan PT Pertamina Gas masih terus disiapkan sehingga finalisasi transaksi integrasi kedua perusahaan ke dalam sub holding gas badan usaha milik negara minyak dan gas bumi pada 29 Juni 2018.

Direktur Utama Perusahaan Gas Negara (PGN) Jobi Triananda Hasjim mengatakan, perseroan masih menunggu untuk memutuskan skema proses integrasi dengan Pertamina Gas (Pertagas). Perseroan belum bisa berkomentar lebih jauh terkait dengan Rapat Umum Pemegang Saham (RUPS) luar biasa dan skema pembayaran transaksi integrasi tersebut.

“Intinya semua sedang diproses, kami targetkan bulan ini semuanya selesai,” ujarnya.

Pelaksana tugas Direktur Utama PT Pertamina (Persero) Nicke Widyawati sempat mengatakan, transaksi induk usaha (holding) BUMN migas ditargetkan bisa selesai pada 29 Juni 2018. 

“Pada 29 Juni 2018 itu untuk target transaksi integrasi,” kata Nicke.

Berdasarkan Undang-Undang No. 40/2007 tentang Perseroan Terbatas disebutkan bila transaksi akuisisi kurang dari 50% dari jumlah kekayaan bersih suatu perusahaan, direksi pun tidak perlu meminta persetujuan lewat RUPS. PGN mencatat posisi aset senilai US$6,46 miliar sampai kuartal I/2018. Di sisi lain, aset Pertagas US$1,92 miliar per akhir 2017.

Deputi Bidang Usaha Pertambangan, Indusri Strategis, dan Media Kementerian BUMN Fajar Harry Sampurno sempat menyebutkan bahwa valuasi Pertagas tidak akan lebih dari US$ 2,5 miliar. Hal itu berarti valuasi Pertagas yang akan diakuisisi PGN bernilai di bawah 50% dari aset emiten berkode saham PGAS itu sehingga tidak rnembutuhkan rapat umum pemegang saham.

Tidak Ada PHK

Terkait dengan pembentukan induk usaha BUM migas itu, Pertamina memastikan proses integrasi PGN dan Pertagas tidak akan membuat Pemutusan Hubungan Kerja (PHK) baik pada karyawan PGN maupun Pertagas. Nicke mengatakan, pihaknya mengkaji dua hal, yakni skema transaksi dan organisasi. Pada skema transaksi banyak opsi yang akan dipilih dan perseroan akan memilih yang terbaik untuk integrasi subholding gas tersebut.

“Nah, pada organisasi, kami bersama Kementerian BUMN pun sudah berkomitmen tidak ada pemutusan hubungan kerja dalam proses integrasi PGN dengan Pertagas. Kami juga ingin membesarkan kedua perusahaan ini, jadi malah butuh tambah orang ke depan,” ujarnya.

Dia menekankan, perseroan akan memilih skema integrasi untuk organisasi yang tidak perlu ada PHK.

“Jadi, struktur organisasinya ingin dijaga. Apalagi, PGN dan Pertagas juga punya rencana bisnis ke depan yang harus dijalankan,” kata Nicke.

Nicke menengaskan, pengosongan Direktur Utama Pertagas yang terjadi pada Mei 2018 bukan disebabkan oleh rencana integrasi PGN dengan anak usaha Pertamina tersebut.

“Kalau Direktur Utama Pertagas yang kosong itu tidak ada hubungannya sama integrasi dengan PGN. Kami juga sudah ada yang mengisi lagi posisinya,” kata Nicke.

Pada 18 Mei 2018, Pertagas mengumumkan Suko Hartono telah diberhentikan secara hormat dari posisinya Direktur Utama Pertagas. Posisi itu pun dikosongkan untuk sementara dan Pertamina menunjuk Indra Setyawati sebagai pelaksana tugas harian merangkap Direktur Komersial dan Pengembangan Bisnis Pertagas.

Bisnis Indonesia, Page-22, Monday, June 25, 2018.