Petronas may use Shell site for LNG

Malaysia’s Petroliam Nasional Bhd. may be looking at building a US$27 billion liquefied natural gas export (LNG) terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc. energy project, according to the company’s chief executive officer.

While Petronas, as the state owned company is known, has yet to make a financial decision to move forward with its Pacific Northwest LNG project in British Columbia, Shell’s Ridley Island site “could be one of the options” for a location for the complex, chief executive officer Wan Zulkiliee Wan Ariffin said in an interview in Kuala Lumpur last Friday.

The Pacific Northwest LNG project won Canadian government approval in September following more than three years of regulatory reviews and strident opposition from environmentalists, scientists and indigenous communities. At the same time, the project’s facing economic headwinds with 18 gas export proposals in the province stalled by a global glut and plunging prices.

Shell said March 10 that it had dropped an LNG project on Ridley Island, acquired as part of its merger with BG Group. The island is next to the islet where Petronas proposed its own terminal. Petronas had already been looking at moving the project’s docking facilities to Ridley in a modification that would help to both quell local opposition and potentially save as much as $1 billion by eliminating the need for a bridge over a sensitive marine area.

Petronas is carrying out a “total review” before deciding whether to move forward with the LNG plant so that. “When We build the project, it will be a competitive LNG producer compared to the other North American producers,” Wan Zulkiflee said in an interview in Kuala Lumpur.

If built, Petronas’s terminal would be the largest private investment in British Columbia’s history. The sheer size ofthe project has turned it into a campaign issue ahead of a provincial poll in May. BC Premier Christy Clark has faced criticism for promises of LNG prosperity that have failed to materialize. Of the more than 20 projects the government once said were planned in the province, one smaller one is getting built. Her main opponent has pledged to find “a better place” for Petronas’ project if elected.

Petronas, which bought Progress Energy Resources Corp. for 5.2 billion Canadian dollar in 2012 to take control of gas fields that would supply the LNG export terminal, appears to be in no rush to make a final decision. “You know why? Because today; we are producing around half a billion standard cubic feet a day that we are selling into the domestic market,” said Wan Zulkiflee. “We are earning cash.”

No Objections

None of Petronas’ partners China Petrochemical Corp., Japan Petroleum Exploration Co., Indian Oil Corp. and Brunei National Petroleum Co. have contested this slow approach, Wan Zulkiflee said.

“This is really what I would call a generational decision,” he said. “It will really shape how Petronaswill be as an LNG exporter in years to come.”

    Petronas is also undertaking a review of all its assets, Wan Zulkiflee said, adding that “if they don’t fit, then we will have to look at options on how to improve them or divest them.”

The company is the midst of completing an asset sale in Algeria, he said, without giving details. Non-oil and gas assets account less than 5 percent of the group’s total of 603.3 billion ringgit ($136 billion). he said.

Petronas may consider buying some shares in Saudi Aramco’s initial public offering if it’s invited, he said. “As of to date, we have not been invited. Anybody who invites us, we will look at it.”

Saudi Aramco’s first-time share sale, which could be the world’s biggest-ever IPO, will probably take place in the second half of 2018, according to chief executive officer Amin Nasser. The Middle Eastern government plans to list shares in Saudi Arabia and at least one foreign stock exchange that could include London, New York, Tokyo, Singapore or Hong Kong.

Jakarta Post, Page-16, Wednesday, Apr, 5, 2017

CNOOC Gas Supply to Power Plant Cilegon

China National Offshore Oil Corporation (CNOOC) to supply gas to Gas Steam Power Plant (power plant) Cilegon with a capacity of 740 megawatts (MW) of 80 billion British thermal units per day (BBTUD). Besides CNOOC, Cilegon power plant gas supplied from PT Perusahaan Gas Negara Tbk sebesar30 BBTUD.

"The gas supply to power three turbine power plant with a capacity of 500 MW Cilegon. First, we get a supply of Clari CNOOC One of PGN. The price of gas to the power plant around USD6,7 per BBTUD Cilegon, "said General Manager of PT Indonesia Power UJ P Zuhdi Rahmanto Cilegon power plant.

According to him, the current capacity of electricity generated from the power plant of 660-665 MW Cilegon channeled to meet the needs of the industrial area in Banten. The electric power is channeled through

150 kilovolt transmission lines that interconnect connected to the Java-Bali electricity system.

"Our electricity production focus to meet the needs of industry in Banten. It is Indonesia Power gas plant only to meet electricity demand, especially in Banten, "he said.

In addition to the Cilegon power plant, a subsidiary of PT Perusahaan Listrik Negara (PLN) also operates a number of plants mostly use coal fuel, among other things, plant listrick steam power (power plant) Labuhan, Suralaya and Lontar power plant. "In the performance efficiency of Cilegon power plant enough either due to gas, "he said.

Head of Gas Plant at CNOOC SES Ltd. Muhammad Salman said that the gas sale and purchase agreement (GSA) between PLN and CNOOC SES implemented since December 12, 2014 and will expire on September 5, 2018. For the first phase of gas supply of 50 BBTUD, followed by a second phase as many as 30 BBTUD, so that the overall total of 80 BBTUD.

"Gas piped from the field SES (South East Sumatra) through a subsea pipeline. Gas production Block SES currently at 120 MMSCPD, "he said. Related term contract GSA to be discharged, CNOOC SES claims remain to continue supply. However, it was still awaiting an order from the Directorate General of Oil and Gas at the Ministry of Energy and Mineral Resources ( EMR). "We're up to now not get referrals. However, based on the information still to be continued," he said.

IN INDONESIAN

CNOOC Pasok Gas ke PLTGU Cilegon

China National Offshore Oil Corporation (CNOOC) memasok gas ke Pembangkit Listrik Tenaga Gas Uap (PLTU) Cilegon yang berkapasitas 740 megawatt (MW) sebesar 80 miliar british thermal unit per hari (BBTUD). Selain CNOOC, gas PLTGU Cilegon juga dipasok dari PT Perusahaan Gas Negara Tbk sebesar30 BBTUD.

”Pasokan gas untuk menggerakkan tiga turbin PLTGU Cilegon dengan kapasitas 500 MW. Pertama, kami mendapatkan pasokan clari CNOOC Satu lagi dari PGN. Harga gas sampai ke PLTGU Cilegon sekitar USD6,7 per BBTUD,” kata General Manager PT Indonesia Power UJ P PLTGU Cilegon Zuhdi Rahmanto.

Menurut dia, saat ini kapasitas listrik yang dihasilkan dari PLTGU Cilegon sebesar 660-665 MW dialirkan untuk mencukupi kebutuhan kawasan industri di Banten. Adapun daya listrik disalurkan melalui jalur transmisi 150 kilovolt yang secara interkoneksi terhubung dengan sistem kelistrikan Jawa-Bali.

”Produksi listrik kami fokuskan untuk memenuhi kebutuhan industri di Banten. lni merupakan pembangkit gas Indonesia Power satu-satunya untuk memenuhi kebutuhan listrik, khususnya di Banten,” kata dia.

Di samping PLTGU Cilegon, anak usaha PT Perusahaan Listrik Negara (PLN) ini juga mengoperasikan sejumlah pembangkit sebagian besar menggunakan bahan bakar batu bara, di antaranya, pembangkit listrik tenaga uap (PLTU) Labuhan, PLTU Suralaya, dan PLTU Lontar. "Secara efisiensi kinerja PLTGU Cilegon cukup baik karena menggunakan gas,” ujarnya.

Head of Gas Plant at CNOOC SES Ltd Muhammad Salman mengatakan bahwa perjanjian jual-beli gas (PJBG) antara PLN dan CNOOC SES dilaksanakan sejak 12 Desember 2014 dan akan berakhir pada 5 September 2018. Untuk fase pertama pasokan gas sebesar 50 BBTUD, dilanjutkan fase kedua sebanyak 30 BBTUD, sehingga total keseluruhan 80 BBTUD.

”Gas disalurkan dari lapangan SES (South East Sumatera) melalui pipa bawah laut. Produksi gas Blok SES saat ini sebesar 120 MMSCPD,"katanya. Terkait masa kontrak PJBG yang akan habis, CNOOC SES mengaku tetap akan melanjutkan pasokan. Namun, pihaknya masih menunggu surat perintah dari Direktorat Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM). ”Kami sampai sekarang belum mendapatkan arahan. Tapi, berdasarkan informasi tetap akan dilanjutkan,” katanya.

Koran Sindo, Page-8, Friday, Apr, 7, 2017

New Strategies Flow Pumping Oil Production

The Ministry of Energy will implement enhanced oi / recovery (EOR) in oil and gas fields

Ministry of Energy and Mineral Resources (ESDM) is trying to boost national oil production. One way is to require Contractor Employment Contract (PSC) uses technology Enhanced Oil Recovery (EOR) or technology that could lift more oil out of the earth.

According to the Director General of Oil and Gas Ministry of Energy, I Gusti Nyoman Wiratmaja Puja, the Ministry of Energy and Mineral are drafting rules on the use of EOR technology. Because, the maximum yield of the reservoir can be produced from the earth is only 30%. "There are still 70% that can not be taken. With EOR, we hope to be raised (reservoir) more," he said, Wednesday (6/4).

Because, if not done quickly put on the injection technology, oil production in Indonesia in 2024-2025 will only reach 300,000 barrels per day. Unfortunately, the results of the application of EOR technology can only be seen eight years later.

Thus, the government wants to accelerate the use of these technologies. If it can be in this year. According to data from the Directorate General of Oil and Gas, when the national oil exploration has been using EOR technology with chemicals, then Indonesia's oil production could reach 600,000 barrels of oil per day in 2032.

When not wearing this teknoIogi, then direct the national oil production dropped to 200,000 barrels per day. "We must immediately provide legal protection for doing so. If not, SKK Migas could be moved to a shop," said Wiratmaja.

In the rules being drafted, the government will regulate the amount of incentives for EOR PSC in order to be able to walk. The shape of the incentive itself is still under discussion. But one of the proposals, according to Wiratmaja, is in the form of profit sharing (split).

In addition, the government will include a requirement already using EOR technology for the PSC after it gets. Newer work area. This means, the government requires contractors to enter EOR in the business proposal. This condition has been carried out in Norway.

Later, this regulation directly applicable in existing oil fields. Although there are also oil fields are already using EOR. One is Minas Duri managed by Chevron. Not only that, the government will also require Pertamina wear and EOR technology in the field of oil and gas blocks that do need to be pumped more.

According, Syamsu Alam, Director of PT Pertamina Hulu, EOR methods can be effectively applied in the field or existing oil and gas blocks. Pertamina actually own Iapangan implementing EOR. For those who still exploratory stage or a new contract, he suggested, could be included in the planning EOR business development.

IN INDONESIAN

Strategi Baru Memompa Aliran Produksi Minyak

Kementerian ESDM akan menerapkan enhanced oi/ recovery (EOR) di lapangan migas

Kementerian Energi dan Sumber Daya Mineral (ESDM) sedang berupaya menggenjot produksi minyak nasional. Salah satu cara adalah mewajibkan Kontraktor Kontrak Kerja (KKKS) memakai teknologi Enhanced Oil Recovery (EOR) atau teknologi yang bisa mengangkat lebih banyak minyak dari dalam bumi.

Menurut Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM, I Gusti Nyoman Wiratmaja Puja, saat ini Kementerian ESDM sedang menyusun aturan mengenai penggunaan teknologi EOR. Karena, hasil maksimum reservoir yang bisa diproduksi dari dalam bumi hanya 30%. "Masih ada 70% yang belum bisa di ambil. Dengan EOR, kami berharap bisa terangkat (reservoir) lebih banyak lagi,” katanya, Rabu (6/4).

Sebab, bila tidak dilakukan dengan cepat memakai teknologi injeksi tersebut, produksi minyak Indonesia pada tahun 2024-2025 nanti hanya bisa mencapai 300.000 barel per hari. Celakanya, hasil dari penerapan teknologi EOR ini hanya bisa terlihat delapan tahun kemudian.

Maka, pemerintah ingin mempercepat penggunaan teknologi tersebut. Kalau bisa dalam tahun ini. Menurut data Ditjen Migas, bila dalam eksplorasi minyak nasional sudah memakai teknologi EOR dengan bahan kimia, maka produksi minyak Indonesia bisa mencapai 600.000 barel minyak per hari pada tahun 2032.

Bila tidak memakai teknoIogi ini, maka produksi minyak nasional langsung turun drastis menjadi 200.000 barel per hari. "Kami harus segera berikan perlindungan hukum untuk melaksanakan hal itu. Jika tidak, SKK Migas bisa pindah ke ruko," kata Wiratmaja. 

Dalam aturan yang sedang dirancang tersebut, pemerintah akan mengatur besaran insentif bagi KKKS supaya EOR bisa berjalan. Bentuk insentifnya sendiri masih dalam pembahasan. Namun salah satu usulan, menurut Wiratmaja, adalah berbentuk bagi hasil (split).

Selain itu, pemerintah akan memasukkan keharusan sudah memakai teknologi EOR bagi KKKS setelah mendapat. wilayah kerja yang anyar. Ini artinya, pemerintah mewajibkan kontraktor memasukkan EOR dalam proposal bisnisnya. Kondisi ini sudah dilakukan di Norwegia.

Nanti, peraturan ini langsung diberlakukan di lapangan minyak yang sudah ada. Meski ada juga lapangan minyak yang sudah memakai EOR. Salah satunya adalah Minas Duri yang dikelola oleh Chevron. Tidak hanya itu, pemerintah juga akan mewajibkan Pertamina memakai teknologi EOR di lapangan dan blok migas yang memang butuh dipompa lebih banyak.

Menurut, Syamsu Alam, Direktur Hulu PT Pertamina, metode EOR bisa efektif diterapkan di lapangan atau blok migas yang sudah beroperasi. Pertamina sebenarnya sudah memiliki Iapangan yang menerapkan EOR. Bagi yang masih tahap eksplorasi atau kontrak baru, ia menyarankan, EOR bisa masuk dalam perencanaan pengembangan bisnis.

Kontan, Page-14, Friday, Apr, 7, 2017

Portions Mahakam Block Not Changed

PT Pertamina still adhering to the initial scenario that the share of participating interest (PI) Mahakam block, Kutai, East Kalimantan for Total E & P lndonesie and lnpex Corporation as much as 30%. Therefore ", the management of Pertamina asked the two companies have sent a letter to the government, if interested in the offer.

 Ellia Massa Manik, President Director of Pertamina, said the results of his meeting with Minister of Energy and Mineral Resources (ESDM) lgnasius Jonan along with Total E & P management, there has been no significant agreement on the Participating lnterest. Therefore, Pertamina adhered to the original commitment that the PI portion of Total E & P and lnpex by 30%.

 Earlier, Minister of Jonan opportunities that Total E & P and lnpex get an offer of 39% stock portion. However, the plan is not accepted by Pertamina. "Our mandate still provide 30%," says Ellia in the Office of Energy and Mineral Resources Ministry after the talks, on Thursday (6/4).

 On results of negotiations, Ellia just said, Total E & P and lnpex again requested to make a letter, if still interested in co-manage the Mahakam with Pl 30%. "Our offer today to 30%. But it's up to them. They send letters to the government. It could be they do not agree or do not participate" says Ellia.

 While on drilling activities in the Mahakam block, will continue to run on August 2017's. Pertamina Upstream Director Syamsu Alam mentioned, the target of 18 wells that will be drilling, just eight wells to be carried out by Total E & P.

"So this year drill eight wells from the initial 18, the Agreement with Total only eight in August. It was the drilling them, because we just go in January 1st, 2018," said Syamsu. However, when questioned at the Ministry of Energy and Mineral Resources, President and General Manager of Total E & P  Arividya Novianto, reluctant to leave a comment.

 At the meeting, also attended by the CEO of Total Patrick Pouyanne accompanied by President of Total E & P Arnaud Breuillac also the Senior Vice President of Total E & P. Deputy Minister Arcandra Tahar also reluctant to answer the results of discussions with Total E & P together with Pertamina about the Mahakam block. "Let me see, yes, the answer is," said Archandra, in his office, Thursday (6/4).

IN INDONESIAN

Porsi Blok Mahakam Belum Berubah

 PT Pertamina masih berpegang pada skenario awal bahwa porsi participating interest (PI) Blok Mahakam, Kutai Kartanegara, Kalimantan Timur untuk Total E & P lndonesie dan lnpex Corporation sebanyak 30%. Oleh karena “itu, manajemen Pertamina meminta kedua perusahaan tersebut mengirimkan surat kepada pemerintah, bila berminat dengan tawaran tersebut.

 Ellia Massa Manik, Direktur Utama Pertamina, menyatakan hasil pertemuan dengan Menteri Energi Sumber Daya Mineral (ESDM) lgnasius Jonan serta dengan manajemen Total E & P, belum ada kesepakatan signifikan tentang Participating lnterest tersebut. Oleh karena itu, Pertamina berpegang pada komitmen awal bahwa porsi PI Total E & P dan lnpex sebesar 30%.

 Sebelumnya, Menteri Jonan membuka peluang supaya Total E & P dan lnpex mendapatkan tawaran porsi saham sebesar 39%. Namun, rencana tersebut tidak diterima oleh Pertamina. "Mandat kami tetap memberikan 30%," kata Ellia di Kantor Kementerian ESDM usai melakukan perundingan, Kamis (6/4).

 Tentang hasil perundingan, Ellia hanya bilang, Total E & P dan lnpex kembali diminta membuat Surat, jika tetap berminat ikut mengelola Mahakam dengan Pl 30%. "Tawaran kami hari ini 30%. Tetapi terserah mereka. Mereka kirim surat ke pemerintah. Bisa jadi mereka tidak sepakat atau tidak ikut" kata Ellia. 

 Sementara tentang kegiatan drilling di Blok Mahakam, akan tetap berjalan pada Agustus 2017 ini. Direktur Hulu Pertamina Syamsu Alam menyebutkan, dari target 18 sumur yang akan dilakukan pengeboran, hanya delapan sumur yang akan dilakukan oleh Total E & P.

"Jadi tahun ini bor delapan sumur dari rencana awal 18, Perjanjian dengan Total hanya delapan di bulan Agustus. Itu yang drilling mereka, karena kita baru masuk 1 Januari 2018," kata Syamsu.  Namun, saat dimintai keterangan di Kantor Kementerian ESDM, President and General Manager Total E & P Arividya Novianto, enggan memberikan komentar. 

 Pada pertemuan tersebut, turut hadir pula CEO Total Patrick Pouyanne didampingi President of Total E & P Arnaud Breuillac juga Senior Vice President of Total E & P. Wakil Menteri ESDM Arcandra Tahar juga enggan menjawab hasil pembahasan dengan Total E&P beserta Pertamina soal Blok Mahakam tersebut. "Nanti dulu, ya, jawabannya," kata Archandra, di kantornya, Kamis (6/4).

Kontan, Page-14, Friday, Apr, 7, 2017

Exxon Review Gross Split

ExxonMobil, the US oil and gas company, is considering implementing a scheme for gross proceeds or gross split in the working area of ​​oil and gas in the country.

"The point is what percentage are offered to investors and how much to the government. Depending on investment opportunities, many of which must be adapted to support investment, "said Senior Vice President of ExxonMobil Corporation Mark W. Albers when meeting Vice President Jusuf Kalla on Thursday (6/4).

Albers admits meeting with the Vice President to give a report about the development of the Banyu Urip field in Cepu, development of production and the contribution of Exxon and the investment climate in Indonesia. "And we talk about other business opportunities as well as the possibility to visit again in the future."

The government has implemented a split replace gross profit-sharing scheme that can be restored operating costs (cost recovery). The provisions set forth in the Regulation of Minister of Energy and Mineral Resources No. 8/2017. The government started to offer our government and contractor respectively 57% and 43% for oil, while 52% and 48% for gas projects.

Part contractor could still grow further adapted to the challenges in the field through a variable for the results. Separately, Deputy Special Operation Control Unit The Upstream Oil and Gas (SKK Migas) Muliawan said currently the Banyu Urip field is still waiting for the process of adding to the production of 200,000 barrels per day (bpd).

The addition of production requires the approval of the environmental impact assessment (EIA) of the Ministry of Environment and Forestry. Meanwhile, for the development in Cepu through Jambaran Gas Field project-Tiung Blue is currently in the stage of looking for a contractor who did the design, procurement, and construction (EPC)

IN INDONESIAN

Exxon Review Gross Split

ExxonMobil, perusahaan migas asal AS, masih mempertimbangkan untuk menerapkan skema bagi hasil kotor atau gross split dalam pengelolaan wilayah kerja minyak dan gas bumi di Tanah Air.

“Intinya adalah berapa persen yang ditawarkan untuk investor dan berapa untuk pemerintah. Tergantung pada peluang investasi, banyak yang harus disesuaikan untuk mendukung investasi,” kata Senior Vice President ExxonMobil Corporation Mark W Albers saat menemui Wakil Presiden Jusuf Kalla, Kamis (6/4). 

Albers mengakui pertemuan dengan Wakil Presiden untuk memberikan laporan perihal perkembangan lapangan Banyu Urip di Blok Cepu, perkembangan produksi dan kontribusi Exxon dan iklim investasi di Indonesia. “Dan kita bicara tentang kesempatan bisnis lainnya serta kemungkinan untuk berkunjung lagi ke depannya.”

Pemerintah telah menerapkan gross split menggantikan skema bagi hasil biaya operasi yang dapat dikembalikan (cost recovery). Ketentuan itu dituangkan dalam Peraturan Menteri ESDM No. 8/2017. Pemerintah memulai tawaran dengan bagian pemerintah dan kontraktor masing-masing 57% dan 43% untuk minyak, sedangkan 52% dan 48% untuk proyek gas. 

Bagian kontraktor selanjutnya masih bisa bertambah yang disesuaikan dengan tantangan di lapangan melalui variabel bagi hasil. Secara terpisah, Deputi Pengendalian Operasi Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Muliawan mengatakan, saat ini lapangan Banyu Urip masih menanti proses penambahan produksi menuju 200.000 barel per hari (bph).

Penambahan produksi membutuhkan persetujuan analisis mengenai dampak lingkungan (Amdal) dari Kementerian Lingkungan Hidup dan Kehutanan. Sementara itu, untuk pengembangan di Blok Cepu melalui proyek Lapangan Gas Jambaran-Tiung Biru saat ini dalam tahap mencari kontraktor yang melakukan desain, pengadaan, dan konstruksi (EPC)

Bisnis Indonesia, Page-30, Friday, Apr, 7, 2017

Total Not Take Attitude

Total E & P Indonesie and lnpex Corporation has not taken a stance to take 30% stake in the Mahakam block even though Pertamina still provide space for both companies.

Pertamina become a new operator in the Mahakam block start January 1, 2018 replacing the Total E & P Indonesie. Total and lnpex However, as operators exist at this time, still get a chance to still have a 30% stake in the block located in East Kalimantan. Pertamina and Total held a meeting at the Ministry of Energy and Mineral Resources (ESDM), Thursday (6/4). Pertamina President Director Elia Massa Malik, upstream director Syamsu Alam and Director of PT Pertamina Hulu Mahakam (PHM) Ida Yusmiati also present in the meeting.

Meanwhile, the CEO of Total Patrick Pouyanne also attend the meeting after attending Gastech in Japan together with President of Total Exploration & Production Arnaud Breuillac Senior Vice President of Total Exploration & Production Asia Pacific Javier Rielo, and President & General Manager of Total E & P lndonesie Arividya Noviyanto.

However, none of the representatives and Total, the French energy company wants to provide information after holding a meeting. In fact, the arrival of officials to respond position Total Total after Minister Ignasius Jonan states that exist contractor could have a room up to 39% in the shareholding participation (participating intenest / PI) in the area of ​​oil and gas working 50-year-old.

Elijah said that in the meeting only discussed about the room up to 30% for the contractor to exist. According to him, Total has not expressed an interest to offer a 30% stake in the ownership of the new contract Mahakam block. Formally, Total will express their attitude after the meeting. "Later, Total will send a letter, but today we are talking about 30%," he said after attending a meeting with the Minister of Energy and Mineral Resources Total in Jakarta, Thursday (6/4).

According to him, the attitude of Total on new contracts is unpredictable and the atmosphere of the meeting. He mentions no time limit when the total could declare a formal stance on the offer. Therefore, he considered, there are two possibilities exist if the total contractor will continue its operations in the Mahakam block despite having a smaller room or leave the Mahakam.

Currently operated the Mahakam block with a total ownership of 50% stocks and 50% lnpex Corporation. The ownership composition in the Mahakam block that is only valid until December 31, 2017. Exactly on January 1, 2018, Pertamina through PHM operates Block Mahakam. Owned enterprises East Kalimantan get 10% participation stake. "Not to take a 30% stake bid attitude Mahakam. They could also end up not coming, "said Elijah.

ACTIVITIES NET

In the same occasion, Pertamina's upstream director Syamsu Alam said that this year in the Mahakam drilling activity is still carried out by Total as operator. In accordance with the agreement, in the transition management of the Mahakam block, Pertamina began to invest to maintain production of oil and gas does not go down.

Total still fund the drilling of six wells. Activity has also been completed since March 2017. Initially, Pertamina plans to fund the drilling of 19 wells. However, since the time of signing a new deal done in March, Syamsu call from adjustments including the number of wells to be drilled into eight wells that began in August 2017.

Based on data from SKK Migas, Total will drill 25 wells, 158 rework, and maintenance on 6,820 wells this year. The French oil company has drilled 41 wells, 147 wells re-work, and care over 7339 wells throughout 2016.

The annual production volume of taxable Mahakam region today 1,635 million cubic feet per day (MMSCFD) of gas and 63,000 barrels of oil per day.

"This year we drilled eight wells. Initially used only 18 wells. Still there is the total bridging agreement / treaty Mahakam management transition that is mid-May 2017. We are trying to be realistic "Syamsu said.

IN INDONESIAN

Total Belum Ambil Sikap

Total E&P Indonesie dan lnpex Corporation belum mengambil sikap untuk mengambil 30% saham di Blok Mahakam meskipun PT Pertamina tetap memberikan ruang kepada kedua perusahaan itu.

Pertamina menjadi operator baru di Blok Mahakam mulai 1 Januari 2018 menggantikan Total E&P Indonesie. Namun Total dan lnpex, sebagai operator eksis saat ini, masih diberikan peluang untuk tetap memiliki 30% saham blok migas yang berlokasi di Kalimantan Timur tersebut. Pertamina dan Total menggelar pertemuan di Kementerian Energi dan Sumber Daya Mineral (ESDM), Kamis (6/4). Direktur Utama Pertamina Elia Massa Malik, Direktur Hulu Pertamina Syamsu Alam, dan Direktur PT Pertamina Hulu Mahakam (PHM) Ida Yusmiati juga hadir dalam pertemuan itu.

Sementara itu, CEO Total Patrick Pouyanne turut hadir dalam pertemuan itu setelah menghadiri GasTech di Jepang bersama President Total Exploration & Production Arnaud Breuillac, Senior Vice President Total Exploration & Production Asia Pacific Javier Rielo, dan President & General Manager Total E&P lndonesie Arividya Noviyanto.

Namun, tidak ada satu pun perwakilan dan Total, perusahaan energi asal Prancis yang mau memberikan keterangan usai menggelar rapat. Padahal, kedatangan petinggi Total untuk merespons posisi Total setelah Menteri ESDM Ignasius Jonan menyatakan bahwa kontraktor eksis bisa memiliki ruang hingga 39% dalam kepemilikan saham partisipasi (participating intenest/PI) di wilayah kerja migas yang berusia 50 tahun itu. 

Elia mengatakan, dalam pertemuan hanya dibahas tentang ruang hingga 30% bagi kontraktor eksis. Menurutnya, Total belum menyatakan minat dengan tawaran kepemilikan 30% saham dalam kontrak baru Blok Mahakam. Secara formal, Total akan menyampaikan sikapnya setelah pertemuan tersebut. “Nanti Total akan kirim surat, tetapi hari ini kami bicarakan 30%,” katanya usai menghadiri pertemuan Menteri ESDM dengan Total di Jakarta, Kamis (6/4).

Menurutnya, sikap Total pada kontrak baru tidak bisa ditebak dan suasana rapat. Dia menyebut tidak ada batasan waktu kapan Total bisa menyatakan sikapnya secara formal atas tawaran tersebut. Oleh karena itu, dia menilai, masih terdapat dua kemungkinan apakah Total sebagai kontraktor eksis akan melanjutkan pengelolaannya di Blok Mahakam meskipun memiliki ruang yang lebih kecil atau hengkang dari Mahakam.

Saat ini Blok Mahakam dioperasikan Total dengan kepemilikan Saham sebesar 50% dan lnpex Corporation 50%. Komposisi kepemilikan saham di Blok Mahakam itu hanya berlaku hingga 31 Desember 2017. Tepat pada 1 Januari 2018, Pertamina melalui PHM mengoperasikan Blok Mahakam. Badan usaha milik daerah Kalimantan Timur mendapatkan saham partisipasi 10%. “Belum mengambil sikap tawaran 30% saham Mahakam. Bisa juga mereka akhirnya tidak mau ikut,” kata Elia. 

KEGIATAN DIKURANGI

Dalam kesempatan yang sama, Direktur Hulu Pertamina Syamsu Alam mengatakan, pada tahun ini kegiatan pengeboran di Mahakam masih dilakukan oleh Total Sebagai operator. Sesuai dengan kesepakatan, dalam masa transisi pengelolaan Blok Mahakam, Pertamina mulai berinvestasi untuk menjaga produksi minyak dan gas bumi tidak turun.

Total masih mendanai pengeboran enam sumur. Kegiatan pun telah diselesaikan sejak Maret 2017. Awalnya, Pertamina berencana mendanai pengeboran 19 sumur. Namun, karena waktu penandatanganan kesepakatan yang baru dilakukan pada Maret, Syamsu menyebut terdapat penyesuaian termasuk jumlah sumur yang akan dibor menjadi delapan sumur yang dimulai pada Agustus 2017.

Berdasarkan data SKK Migas, Total akan melakukan pengeboran 25 sumur, 158 kerja ulang, dan perawatan atas 6.820 sumur sepanjang tahun ini. Perusahaan migas asal Prancis itu telah melakukan pengeboran 41 sumur, kerja ulang 147 sumur, dan perawatan atas 7.339 sumur sepanjang 2016.

Volume produksi tahunan wilayah kena Mahakam saat ini 1.635 juta kaki kubik per hari (MMscfd) gas dan minyak 63.000 barel per hari. 

“Tahun ini kita mengebor delapan sumur. Awalnya dulu hanya 18 sumur. Masih ada dengan Total bridging agreement /perjanjian transisi pengelolaan Mahakam yaitu pertengahan Mei 2017. Kita berusaha realistis" kata Syamsu. 

Bisnis Indonesia, Page-30, Friday, Apr, 7, 2017

New Contract with Pertamina Targets Signed in May

The government expects to sign a new contract of seven oil and gas blocks whose contract finishes and assigned its management to PT Pertamina in May. Director General of Oil and Gas of the Ministry of Energy and Mineral Resources (ESDM) I Gusti Nyoman Wiratmaja say, of eight oil and gas blocks were submitted to Pertamina, only seven are targeted to be signed in May.

For North Sumatra Block Offshore have yet to be signed in May because it was in Aceh which is the authority of the Oil and Gas Agency business Aceh (BPMA). Currently, the institute together with Pertamina intensively preparing this new contract. "May be signed by all the (contract) at the IPA Convention in May," he said.

As is known, the Government commissioned the Pertamina to manage eight blocks out of contract in 2018. The new contract is a whole block set will use the cooperation contracts (production sharing contract / PSC) scheme for gross proceeds (gross split). This is the eighth block Tuban Block, Ogan Ogan, Sanga-Sanga, South East Sumatra, Central, North Sumatra Offshore, East Kalimantan, and Attaka.

According Wiratmaja, some blocks were prioritized for immediate contract finalized. "To ONWJ (Offshore North West Java) has been signed. Now the priority of both Sanga-Sanga, after the South East Sumatra, "he said.

He explained that the two blocks is a priority because the current contract will be completed in the near future. Besides the field is quite complex so that the terms and conditions of the contract will be more complicated. Another consideration that these two fields of oil and gas production is large enough. "Great Production included as a priority. But it is clear because the complexity of the field and the distance contract expired in the near future, "said Wiratmaja.

Pertamina Upstream Director Syamsu Alam've said, it has begun to discuss the contract these blocks with the Special Unit of Upstream Oil and Gas (SKK Migas). The new contract must be signed to admit that the company can begin to prepare for the transition of the management of the existing contractor.

"Soon it should (signing the contract) due out next transition. Like the Mahakam block, for example, contracts signed since 2015, and after that we talked with Total E & P Indonesie, "he said. Post contract is signed, it plans to hand over management of eight oil and gas blocks to subsidiaries.

Block East Kalimantan, Sanga-Sanga, and Attaka will be managed by a new subsidiary, namely Pertamina Hulu Indonesia. PT Pertamina Hulu Mahakam will be under Pertamina Hulu Indonesia. While North Sumatra Block Offshore, South East Sumatra, and Central America will be undertaken by PT Pertamina Hulu Energi. "So PHE manage the block adjacent to the region, to make it more efficient. It further facilitate operational coordination with it, "said Alam.

Transition period

Parallel to the discussion of the contract, the Ministry of Energy and Mineral Resources are also finalizing a ministerial regulation regarding the return on investment without the mechanism of depreciation (depreciation of assets) is not accelerated. He explained this policy to prevent oil and gas production in depleted oil and gas fields decreased significantly contract. "Kan if this (existing contracts) runs out, if not replace, the existing contractor later stop investment and production dropped," said Wiratmaja.

He briefly explained the rules about the depreciation is mainly to smooth the transition from the gas block contract cost recovery to gross PSC split. It is now being intensively discussed the ministerial regulation, especially how to depreciation of fixed acquired Contractor Contract (PSC) PSC's existing without burdening the subsequent work on the block.

"We are intensively once discuss how accelerated depreciation or depreciation can be carried over to the contractor the next," he said. He said he still had to discuss this policy with the Fiscal Policy Office. The discussion included the impact of the application of these two options. If accelerated depreciation, oil and gas contractors can be reluctant to invest in the times ahead of its oil and gas block contract is completed.

This could have an impact on the continuity of oil production in the block. Though the government wants to shift the oil and gas contractor does not cause a decrease in production.

"Or it's options, is being discussed, the costs carried over to the next contractor. It is being discussed whether it could be done legally, "he said. Problem transition, Nature admits not yet begun to be discussed. Because there needs to be PSC prior to start setting up the transitional management of oil and gas blocks. 

     Although informal, the company has begun to get involved. "We have not discussed the transition, because there must be a basis we can do together with their engagement existing contractors. Actually, there should be a new first PSC we can talk, ". 

He hoped the maximum mid next year can begin the transition. Related to accelerated depreciation, will assist the existing contractor. But if it will be carried over, it is necessary to think about mechanisms of accounting and taxation.

"There was a change of operator or ownership share (shares) in the block," he said.

He said he himself has now started to prepare for the transition to eight oil and gas blocks assigned by the government. Preparation is primarily based on experience in the Mahakam block transition operator Total E & P Indonesie.

Though, he admitted eight blocks transitions are more complicated because there are changes to the contract of PSC gross cost recovery be split. Thus, it must conduct an evaluation beforehand to make sure the whole block is quite economical to deploy. According to him, Pertamina has a number of options for the transition so that the operatorship of production to eight oil and gas blocks have not fallen dramatically.

IN INDONESIAN

BLOK TERMINASI

Kontrak Baru dengan Pertamina Ditargetkan Diteken Mei

Pemerintah menargetkan dapat menandatangani kontrak baru dari tujuh blok migas yang kontraknya selesai dan ditugaskan pengelolaannya kepada PT Pertamina pada Mei ini. Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM) I Gusti Nyoman Wiratmaja mengatakan, dari delapan blok migas yang diserahkan kepada Pertamina, hanya tujuh yang ditargetkan diteken pada Mei ini.

Untuk Blok North Sumatera Offshore belum akan diteken pada Mei karena berada di wilayah Aceh yang merupakan kewenangan Badan Pengelola Migas Aceh (BPMA). Saat ini, pihaknya bersama Pertamina intensif menyiapkan kontrak baru ini. “Semoga bisa ditandatangani semua (kontraknya) pada saat IPA Convention pada Mei ini,” kata dia.

Seperti diketahui, Pemerintah menugaskan Pertamina untuk mengelola delapan blok yang selesai kontraknya pada 2018. Kontrak baru seluruh blok ini ditetapkan akan menggunakan kontrak kerja sama (production sharing contract/PSC) skema bagi hasil kotor (gross split). Kedelapan blok ini adalah Blok Tuban, Ogan Komering, Sanga-Sanga, South East Sumatera, Tengah, North Sumatera Offshore, East Kalimantan, dan Attaka.

Menurut Wiratmaja, ada beberapa blok yang diprioritaskan untuk segera dirampungkan kontraknya. “Untuk Blok ONWJ (Offshore North West Java)  sudah diteken. Sekarang prioritas keduanya Blok Sanga-Sanga, setelah itu South East Sumatera,” ujar dia.

Dia menjelaskan, dua blok ini menjadi prioritas lantaran kontrak yang berlaku saat ini akan selesai dalam waktu dekat. Selain itu kedua lapangan ini cukup kompleks sehingga term and condition dalam kontrak akan lebih rumit. Pertimbangan lainnya yakni produksi migas dua lapangan ini yang cukup besar. “Produksi besar juga termasuk prioritas. Tetapi yang jelas karena kekompleksan lapangan dan jarak habisnya kontrak dalam waktu dekat,” kata Wiratmaja.

Direktur Hulu Pertamina Syamsu Alam pernah menuturkan, pihaknya sudah mulai membahas kontrak blok-blok ini dengan Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas). Kontrak baru diakuinya harus segera diteken sehingga perseroan dapat mulai menyiapkan transisi pengelolaan dari kontraktor eksisting.

“Secepatnya mestinya (penandatanganan kontrak) karena tahu depan transisi. Seperti Blok Mahakam misalnya, kontrak ditandatangani sejak 2015 dan setelah itu kami bicara dengan Total E&P Indonesie,” ujar dia. Pasca kontrak diteken, pihaknya berencana menyerahkan pengelolaan delapan blok migas ini ke anak perusahaan. 

Blok East Kalimantan, Sanga-Sanga, dan Attaka akan dikelola anak perusahaan baru, yakni Pertamina Hulu Indonesia. PT Pertamina Hulu Mahakam akan berada di bawah Pertamina Hulu Indonesia. Sementara Blok North Sumatera Offshore, South East Sumatera, dan Tengah akan digarap PT Pertamina Hulu Energi. “Jadi PHE mengelola blok yang berdekatan dengan daerahnya, agar lebih efisien. Ini lebih memudahkan koordinasi dengan operasional saja,” papar Alam.

Masa Transisi

Paralel dengan pembahasan kontrak, Kementerian ESDM juga sedang merampungkan peraturan menteri mengenai pengembalian investasi tanpa mekanisme depresiasi (penyusutan aset) tidak dipercepat. Dijelaskannya beleid ini untuk mencegah produksi migas di lapangan migas habis kontrak terjadi penurunan signifikan. “Kan kalau ini (kontrak eksisting) habis, kalau tidak digantikan, nanti kontraktor eksisting berhenti investasi dan produksi turun,” tutur Wiratmaja.

Dia sempat menjelaskan, aturan soal depresiasi ini utamanya guna memuluskan masa peralihan blok migas dari kontrak PSC cost recovery ke gross split. Pihaknya kini sedang secara intensif membahas peraturan menteri tersebut, utamanya bagaimana agar depresiasi tetap diperoleh Kontraktor Kontrak Kerja Sama (KKKS) eksisting tanpa membebani KKKS berikutnya yang menggarap blok tersebut.

“Kami intensif sekali membahas bagaimana depresiasi dipercepat atau depresiasi bisa di carry over ke kontraktor berikutnya," kata dia. Pihaknya masih harus membahas beleid ini dengan Badan Kebijakan Fiskal. Pembahasan termasuk dampak dari penerapan kedua opsi tersebut. Jika depresiasi dipercepat, kontraktor migas bisa menjadi enggan berinvestasi pada masa-masa jelang kontrak blok migasnya selesai. 

Hal ini bisa berdampak pada kelangsungan produksi migas di blok tersebut. Padahal pemerintah menginginkan peralihan kontraktor blok migas ini tidak menyebabkan penurunan produksi.

“Atau opsinya, ini sedang dibahas, biayanya di carry over ke kontraktor berikutnya. Ini sedang dibahas secara legal apakah bisa dilakukan,” katanya. Soal transisi, Alam mengakui belum mulai dibahas. Karena perlu ada PSC terlebih dahulu untuk mulai menyiapkan peralihan pengelolaan blok migas. 

Walaupun secara informal, perseroan sudah mulai terlibat. “Kami belum membahas transisi, karena harus ada dasar kami bisa melakukan engagement bersama mereka para kontraktor eksisting. Sebetulnya harus ada PSC dulu baru kami bisa bicara,”. Dia berharap maksimal pertengahan tahun depan sudah bisa mulai transisi. 

Terkait percepatan depresiasi, akan membantu kontraktor eksisting. Namun jika akan di carry over, maka perlu dipikirkan mekanisme akunting dan perpajakannya.

“erjadi perubahan operator atau kepemilikan share (saham) di blok tersebut,” kata dia.

Pihaknya sendiri kini sudah mulai menyiapkan transisi delapan blok migas yang ditugaskan oleh pemerintah. Persiapan ini utamanya berdasarkan pengalaman transisi operator di Blok Mahakam dari Total E&P Indonesie. 

Walaupun, diakuinya transisi delapan blok itu lebih rumit karena ada perubahan kontrak dari PSC cost recovery menjadi gross split. Sehingga, pihaknya harus melakukan evaluasi terlebih dahulu untuk memastikan seluruh blok ini cukup ekonomis untuk dikembangkan.  Menurutnya, Pertamina telah memiliki sejumlah opsi untuk transisi operatorship sehingga produksi ke delapan blok migas ini tidak turun drastis.

Investor Daily, Page-9, Thursday, Apr, 6, 2017

Rules Open Data Compiled Gas Soon

The government will issue a legal protection form of regulation (the disclosure of data of oil and gas of the Republic of Indonesia. This was done to increase investment in upstream oil and gas, the Director General of Oil and Gas, Ministry of Energy, IGN Wiratmaja, said the government would carry out a revolution that investors are interested in investing The upstream oil and gas easier to know the data exploration.

How that is done is to open the gas the data. "With the regulation of open data, will be no revolution is quite large, data exploration can be accessed anywhere in the world, but the person must register. We know who wants to access and if they are interested, they can come here to buy the region it works, "said the Directorate General of Oil and Gas Wiratmaja Office, Jakarta.

As with Mexico, Wiratmaja pointed out, the country was already implementing a data open oil and gas since 2013, and also has offered an interesting split.

IN INDONESIAN

Aturan Open Data Migas Segera Disusun

Pemerintah akan mengeluarkan perlindungan hukum berbentuk Peraturan Menteri (mengenai keterbukaan data minyak dan gas bumi Republik Indonesia. Hal itu dilakukan untuk meningkatkan investasi di sektor hulu migas. Direktur Jenderal Migas, Kementerian ESDM, IGN Wiratmaja, mengatakan pemerintah akan melakukan revolusi agar investor yang berminat investasi di sektor hulu migas lebih mudah mengetahui data-data eksplorasi. 

Cara yang di lakukan ialah membuka data migas itu. "Dengan Peraturan Menteri open data, akan ada revolusi cukup besar, data-data eksplorasi bisa di akses di mana saja di dunia, tapi orangnya harus daftar. Kita tahu siapa yang ingin akses dan kalau mereka tertarik, mereka bisa datang ke sini untuk membeli wilayah kerjanya," kata Wiratmaja di Kantor Ditjen Migas, Jakarta.

Seperti halnya Meksiko, Wiratmaja mencontohkan, negara itu sudah menerapkan open data migas sejak 2013 dan juga telah menawarkan split yang menarik.

Media Indonesia, Page-18, Thursday, Apr, 6, 2017

Government Supports Curbing Illegal Oil Well

The government, in this case the Coordinating Ministry for Political, Legal and Human Rights (Kemenkopolhukam) fully supports the Government's plan Musi Banyuasin (Muba), South Sumatra, which will carry out demolition and closure of oil wells, especially in the region of PT Pertamina EP Asset 1 Field Ramba in Mangunjaya Urban Village, District Babat Toman, Muba that seized by unscrupulous people.

Kemenkopolhukam will continue to push Muba District Government and the security forces, both military and police in the area, for the successful implementation of the closure of illegal oil wells.

"We've got a report illegal. The report was positive and this is something related to illegal handling of oil and gas, especially in the South Sumatra area, "said Assistant Deputy National Coordination and crime Crimes Against the State Property Kemenkopolhukam Brigadier General (Pol) Supriyanto Tarah, in Jakarta yesterday

Acting Regent of Muba previous Yusnin promising controlling 27 oil wells located in the County of work and be an asset Pertamina EP in Mangunjaya, District Babat Toman, Muba run illegally by miners, completed late April 2017.

At least 104 oil wells to be an asset Pertamina EP in Muba. A total of 81 wells are in the area Mangunjaya, Babat Toman and 23 wells in the area currently administered Keluang illegally society. Oil wells are in Keluang relatively successfully curbed, while 27 wells in Babattoman not issued awaits a response from the government Muba.

Supriyanto said that, for the successful closure of programs such illegal oil wells, all stakeholders, including local governments, cooperation contracts (PSC) of oil and gas should be synergy. Kemenkopolhukham would urge security forces to play an active role and contribute to that activity of the illegal closure of oil wells can run safely and smoothly.

IN INDONESIAN

Pemerintah Dukung Penertiban Sumur Minyak Illegal

Pemerintah, dalam hal ini Kementerian Koordinator Bidang Politik Hukum dan Hak Asasi Manusia (Kemenkopolhukam) mendukung penuh rencana Pemerintah Kabupaten Musi Banyuasin (Muba), Sumatera Selatan yang akan melakukan penertiban dan penutupan sumur minyak khususnya di wilayah kerja PT Pertamina EP Asset 1 Field Ramba di Kelurahan Mangunjaya, Kecamatan Babat Toman, Muba yang di rebut oleh oknum masyarakat.

Kemenkopolhukam akan terus mendorong Pemerintah Kabupaten Muba dan aparat keamanan, baik TNI maupun Polri di daerah, untuk menyukseskan pelaksanaan penutupan sumur minyak ilegal.

“Kami sudah mendapat laporan Ilegal. Laporan itu dan ini sesuatu yang positif terkait penanganan ilegal migas khususnya di Wilayah Sumatera Selatan,” ujar Assisten Deputi Koordinasi Penanganan Kejahatan Nasional dan kejahatan Terhadap Kekayaan Negara Kemenkopolhukam Brigadir Jendral (Pol) Supriyanto Tarah, di Jakarta kemarin

Pelaksana Tugas Bupati Muba Yusnin sebelumnya menjanjikan penertiban 27 sumur minyak yang berada di Wilayah kerja dan menjadi aset Pertamina EP di Mangunjaya, Kecamatan Babat Toman, Muba yang dikelola secara ilegal oleh para penambang, tuntas akhir April 2017.

Sedikitnya 104 sumur minyak yang menjadi aset Pertamina EP di Muba. Sebanyak 81 sumur berada di area Mangunjaya, Babat Toman dan 23 sumur di area Keluang yang saat ini dikelola masyarakat secara ilegal. Sumur minyak yang berada di Keluang relatif berhasil ditertibkan, sementara 27 sumur di Babattoman belum ditertibkan menanti respons dari Pemkab Muba.

Supriyanto mengatakan, untuk menyukseskan program penutupan sumur Minyak ilegal tersebut, semua pihak terkait, baik pemerintah daerah, kontraktor kontrak kerja sama (KKKS) migas harus saling bersinergi. Kemenkopolhukham akan mendorong aparat keamanan untuk berperan aktif dan ikut membantu agar kegiatan penutupan sumur minyak ilegal tersebut bisa berjalan aman dan lancar.

Investor Daily, Page-9, Thursday, Apr, 6, 2017

7 Contracts Signed in May

The government will sign seven cooperation contract oil and gas field with a scheme for gross proceeds or gross split in May 2017. In January 2017, the Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan has determined the fate of the eight oil and gas working areas that are out of contract in 2017 and 2018. eight out of contract work areas that will be bestowed on PT Pertamina

Director General of Oil and Gas Ministry of Energy and Mineral Resources I G.N. Wiratrnaja Puja said today it is discussing contract clauses new cooperation. As a result, in May not only auction new work areas, but also in new contract work area assigned to Pertamina.

MEMR targeting seven new cooperation contract could soon be signed in May in the Exhibition and Convention Indonesian Petroleum Association (IPA), 2017. Seven of the working area will switch its cooperation contract of a production sharing contract refundable operational costs (cost recovety) into gross split.

Therefore, the government and contractors need to calculate the costs of the previous contract that will be cost is not depreciated. Moreover, it will be determined for the results (split) based on the variables listed in the Minister of Energy and Mineral Resources No. 8/2017 on Contracts Gross Split in order to stay awake for Economic pitch.

Through gross split, the government offered a profit-sharing system more flexible with the division of government and contractor respectively 57% and 43% for oil structure, while gas 52% and 48%. Seven working areas namely Tuban Block (JOB Pertamina-PetroChina East Java), Block Ogan Ogan (JOB Pertamina-Talisman), Sanga-Sanga (Saka Energy), Block Southeast Sumatra (CNOOC SES Ltd), Block Central (Total E & P Indonesie ), Block East Kalimantan (Chevron Indonesia Company) and Block Attaka (Chevron).

Meanwhile, Block Offshore North Sumatra, Aceh (Pertamina) will be signed separately because under the authority of the Oil and Gas Agency business Aceh (BPMA).

"The field termination of [contract expires, the new contract God willing, our target is the LPA during the exhibition," he said, Wednesday (5/4). Of the seven work areas, two of which are a priority discussion of the Sanga-Sanga and Block South East Sumatra.

IN INDONESIAN

7 Kontrak Diteken Mei

Pemerintah akan menandatangani tujuh kontrak kerja sama lapangan minyak dan gas bumi dengan skema bagi hasil kotor atau gross split pada Mei 2017. Pada Januari 2017, Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan telah menetapkan nasib delapan wilayah kerja migas yang habis masa kontraknya pada 2017 dan 2018. Kedelapan wilayah kerja yang habis kontrak itu akan di limpahkan kepada PT Pertamina

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM I G.N. Wiratrnaja Puja mengatakan, hingga saat ini pihaknya masih melakukan pembahasan klausul kontrak kerja sama yang baru. Alhasil, pada Mei tidak saja lelang wilayah kerja baru, tetapi juga akan di  kontrak baru wilayah kerja yang ditugaskan kepada Pertamina.

Kementerian ESDM menargetkan tujuh kontrak kerja sama baru bisa segera di tandatangani pada Mei dalam acara Pameran dan Konvensi Indonesian Petroleum Association (IPA) 2017. Tujuh Wilayah kerja tersebut akan beralih kontrak kerja samanya dari kontrak bagi hasil biaya operasional yang dapat dikembalikan (cost recovety) menjadi gross split. 

Oleh karena itu, pemerintah dan kontraktor perlu menghitung beban biaya dari kontrak sebelumnya yang akan menjadi biaya yang tidak terdepresiasi. Selain itu, akan ditentukan bagi hasil (split) berdasarkan variabel yang tercantum dalam Peraturan Menteri ESDM No. 8/2017 tentang Kontrak Gross Split agar ke ekonomian lapangan tetap terjaga.

Melalui gross split, pemerintah menawarkan sistem bagi hasil yang lebih fleksibel dengan pembagian pemerintah dan kontraktor masing-masing 57% dan 43% untuk struktur minyak, sedangkan gas 52% dan 48%. Tujuh wilayah kerja tersebut yakni Blok Tuban (JOB Pertamina-PetroChina East Java), Blok Ogan Komering (JOB Pertamina-Talisman), Blok Sanga-Sanga (Saka Energi), Blok Southeast Sumatera (CNOOC SES Limited), Blok Tengah (Total E&P Indonesie), Blok East Kalimantan (Chevron Indonesia Company) dan Blok Attaka (Chevron).

Sementara itu, Blok North Sumatera Offshore, Aceh (Pertamina) nantinya akan ditandatangani terpisah karena di bawah otoritas Badan Pengelola Migas Aceh (BPMA).

“Yang lapangan terminasi [kontrak berakhir, kontrak barunya Insya Allah kami targetnya adalah pada saat pameran lPA,”ujarnya, Rabu (5/4). Dari tujuh wilayah kerja itu, dua di antaranya menjadi prioritas pembahasan yakni Blok Sanga-Sanga dan Blok South East Sumatera. 

Bisnis Indonesia, Page-30, Thursday, April, 6, 2017