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Tuesday, April 18, 2017

Gas supplied Husky, PGN More Reliable



PT Perusahaan Gas Negara (Persero) Tbk (PGN) this year get an extra supply of natural gas to East Java region of Husky CNOOC Madura Limited (HCML). This makes the supply of gas to PGN customers more reliable.

PGN Commercial Director Danny Praditya said gas supplies from HCML started flowing in May 2017 with the volume distributed in stages from 20 million cubic feet per day (MMSCFD) to more than 100 MMSCPD. Increased supply of HCML to do as the level of market needs natural gas in East Java.

HCML gas supply comes from BD field and will be distributed from the handover point from Semare stations to the existing pipeline network PGN in Pasuruan. "The gas supply from HCML will last for 20 years, so the supply of gas to PGN customers ranging from Surabaya in East Java, Gresik, Sidoarjo, Pasuruan, Mojokerto until more reliable," says Danny.

Danny said, with the reliability of energy supplies of natural gas, will encourage more investors are interested and like to invest in East Java. Which is expected to drive economic growth into a better society.

"With the reliability of energy supplies PGN gas, it will make investors happy to invest in East Java," says Danny. He added that the reliability of natural gas supply to customers to be one of the main focus PGN. To materialize the right reliability of PGN has a PGN program 360 ° Integrated Solution.

With a 360 ° program Integrated Solution PGN, PGN ensure and resolve all problems related to the utilization of natural gas customers. "In PGN 360 ° Integrated Solution for instance in terms of gas supply, PGN is not just rely on one source of the gas field, with a network infrastructure integrated gas pipeline, the gas supply can be obtained from various natural gas field.

PGN also has a fleet of CNG to the trucking LNG to supply natural gas in regions unreached PGN gas pipeline, "said Danny.

     Vice President Corporate Communications PGN, Irwan Andri Atmanto added, increasingly tough line PGN gas supply in East Java, PGN also aggressively promoting natural gas infrastructure in the region. One example, PGN is currently building a natural gas distribution pipeline segment-Lamongan Gresik-Tuban along the 141 kilometer (km).

"It has been PGN's commitment to continue to open the area of natural gas users new territory, so that the use of domestic natural gas production is increasing," said Irwan.

PGN currently has 1,652 supply natural gas to large industrial and power plants, 1,929 commercial customers (hotels, restaurants, hospitals) and small and medium enterprises (SMEs), and 204,000 household customers. PGN customers scattered in various areas ranging from North Sumatra, Islands, Riau, South Sumatra, Lampung, Jakarta, West Java, Banten, Central Java, East Java, North Borneo and Papua Sorong.

Lodging in East Java region, serving 27 170 PGN household customers, 209 commercial customers and 475 industrial customers. "Gas pipeline built and operated PGN currently more than 7,200 km, equivalent to 80 percent of the pipeline gas downstream throughout Indonesia. 

    In addition to the gas pipeline, PGN also operates two Floating Storage Regasification Unit (PSRU), 11 SPBGs, and 5 mobile refueling unit (MRU). the cost of gas infrastructure development is done PGN without relying on the state budget, "concluded lrwan.

IN INDONESIAN

Dipasok Gas Husky, PGN Semakin Handal


PT Perusahaan Gas Negara (Persero) Tbk (PGN) tahun ini mendapatkan tambahan pasokan gas bumi untuk wilayah Jatim dari Husky CNOOC Madura Limited (HCML). Hal ini membuat pasokan gas ke pelanggan PGN semakin handal. 

Direktur Komersial PGN Danny Praditya mengungkapkan, pasokan gas dari HCML mulai mengalir pada Mei 2017 dengan volume yang disalurkan secara bertahap mulai 20 juta kaki kubik per hari (MMSCFD) hingga lebih dari 100 MMSCFD. Peningkatan pasokan dari HCML dapat dilakukan seiring tingkat kebutuhan pasar gas bumi di Jatim. 

Pasokan gas HCML berasal dari lapangan BD dan akan disalurkan dari titik serah dari Stasiun Semare ke jaringan pipa eksisting PGN di Pasuruan. “Pasokan gas dari HCML akan berlangsung selama 20 tahun, sehingga pasokan gas untuk pelanggan PGN di Jatim mulai dari Surabaya, Gresik, Sidoarjo, Mojokerto hingga Pasuruan semakin handal," kata Danny.

Danny mengatakan, dengan kehandalan pasokan energi gas bumi tersebut, akan mendorong investor makin berminat dan betah berinvestasi di Jatim. Sehingga diharapkan akan mendorong pertumbuhan ekonomi masyarakat menjadi lebih baik.

 "Dengan kehandalan pasokan energi gas bumi PGN, tentu akan membuat investor senang berinvestasi di Jatim," ujar Danny. la menambahkan, keandalan pasokan gas bumi ke pelanggan menjadi salah satu fokus utama PGN. Untuk mewujud kan kehandalan pasokan tersebut PGN memiliki program PGN 360° Integrated Solution. 

Dengan program PGN 360° Integrated Solution, PGN memastikan dan menyelesaikan seluruh permasalahan pelanggan terkait pemanfaatan gas bumi. "Dalam PGN 360° Integrated Solution misalnya dalam hal pasokan gas, PGN tidak hanya bergantung pada satu sumber lapangan gas, dengan jaringan infrastruktur pipa gas yang terintegrasi, pasokan gas bisa didapat dari berbagai lapangan gas bumi.

PGN juga memiliki armada CNG hingga  LNG trucking yang dapat mensuplai gas bumi di wilayah yang belum terjangkau pipa gas bumi PGN," kata Danny. 

Vice President Corporate Communication PGN, Irwan Andri Atmanto menambahkan, sejalan makin  tangguhnya pasokan gas bumi PGN di jawa Timur, PGN juga semakin agresif mengembangkan infrastruktur gas bumi di wilayah tersebut. Salah satu contohnya, PGN saat ini sedang membangun pipa distribusi gas bumi ruas Gresik-Lamongan-Tuban sepanjang 141 kilometer (km). 

"Telah menjadi komitmen PGN untuk terus membuka wilayah wilayah pengguna gas bumi baru, sehingga pemanfaatan produksi gas bumi dalam negeri semakin meningkat," ujar Irwan. 

Saat ini PGN telah memasok gas bumi ke 1.652 industri besar dan pembangkit listrik, 1.929 pelanggan komersial (hotel, restoran, rumah sakit) dan usaha kecil menengah (UKM), dan 204.000 pelanggan rumah tangga. Pelanggan PGN tersebar di berbagai wilayah mulai dari Sumatera Utara, Kepulauan, Riau, Sumatera Selatan, Lampung, DKI Jakarta, Jawa Barat, Banten, jawa Tengah, jawa Timur, Kalimantan Utara dan Sorong Papua. 

Khusus di wilayah Jatim, PGN melayani 27.170 pelanggan rumah tangga, 209 pelanggan komersial, dan 475 pelanggan industri. "Pipa gas yang dibangun dan dioperasikan PGN saat ini lebih dari 7.200 km, ini setara dengan 80 persen pipa gas bumi hilir seluruh Indonesia. 

     Selain pipa gas, PGN juga mengoperasikan dua Floating Storage Regasification Unit (PSRU), 11 SPBG, dan 5 mobile refueling unit (MRU). Biaya pembangunan infrastruktur gas tersebut dilakukan PGN tanpa mengandalkan APBN," tutup lrwan.

Harian Bangsa, Page-4, Saturday, April, 15, 2017

PGN to supply of Husky, Stock More Abundant



PT Perusahaan Gas Negara (Persero) Tbk (PGN) this year get an extra supply of natural gas to East Java region of Husky CNOOC Madura Limited (HCML). This makes the supply of gas to PGN customers more reliable.

Commercial Director of PGN, Danny Praditya said gas supplies from HCML started flowing in May 2017 with the volume distributed in stages from 20 million cubic feet per day (MMSCFD) to over 100 MMSCFD. Increased supply of HCML to do as the level of market needs natural gas in East Java.

HCML gas supply comes from BD field and will be distributed from the handover point in Semare stations to the existing pipeline network PGN in Pasuruan. "The gas supply from HCML will last for 20 years, so the supply of gas to PGN customers in East Java from Surabaya, Gresik, Sidoarjo, Pasuruan, Mojokerto until more reliable," says Danny.

Danny said, with the reliability of energy supplies of natural gas, will encourage more investors are interested and like to invest in East Java. Which is expected to drive economic growth into a better society.

"With the reliability of energy supplies PGN gas, it will make investors cheerfully invest in East Java," says Danny.

He added again, the reliability of natural gas supply to customers to be one of the main focus PGN. To realize the reliability of the supply programs PGN PGN 360 ° Integrated Solution. With a 360 ° program Integrated Solution PGN, PGN ensure and resolve all problems related to the utilization of natural gas customers.

"In PGN 360 ° Integrated Solution for instance in terms of gas supply, PGN is not just rely on one source of the gas field, with a network infrastructure integrated gas pipeline, the gas supply can be from various fields of natural gas. PGN also has a fleet of CNG to the trucking LNG to supply natural gas in regions unreached PGN gas pipeline, "said Danny.

Vice President Corporate Communications PGN, Irwan Andri Atmanto added, more in line of robust supply of natural gas in East Java PGN, PGN also aggressively promoting natural gas infrastructure in the region. One example, PGN is currently building a natural gas distribution pipeline segment-Lamongan Gresik-Tuban along the 141 kilometer (km).

"It has been PGN's commitment to continue to open areas of the new natural gas users, so that the use of domestic natural gas production is increasing," said Irwan. PGN currently has 1,652 supply natural gas to large industrial and power plants, 1,929 commercial customers (hotels, restaurants, hospitals) and the Small and Medium Enterprises (SMEs), and 204,000 household customers.

PGN customers scattered in various areas ranging from North Sumatra, Riau Islands, Riau, South Sumatra, Lampung, Jakarta, West Java, Banten, Central Java, East Java, North Borneo and Papua Sorong. Lodging in East Java, serves 27 170 PGN household customers, 209 commercial customers and 475 industrial customers.

IN INDONESIAN

PGN Dapat Pasokan dari Husky, Stok Semakin Melimpah 


PT Perusahaan Gas Negara (Persero) Tbk (PGN) tahun ini mendapatkan tambahan pasokan gas bumi untuk wilayah Jawa Timur dari Husky CNOOC Madura Limited (HCML). Hal ini membuat pasokan gas ke pelanggan PGN semakin handal. 

Direktur Komersial PGN, Danny Praditya mengungkapkan, pasokan gas dari HCML mulai mengalir pada Mei 2017 dengan volume yang disalurkan secara bertahap mulai 20 juta kaki kubik per hari (MMSCFD) hingga lebih dari 100 MMSCFD. Peningkatan pasokan dari HCML dapat dilakukan seiring tingkat kebutuhan pasar gas bumi di Jawa Timur. 

Pasokan gas HCML berasal dari lapangan BD dan akan disalurkan dari titik serah di Stasiun Semare ke jaringan pipa eksisting PGN di Pasuruan. “Pasokan gas dari HCML akan berlangsung selama 20 tahun, sehingga pasokan gas untuk pelanggan PGN di Jawa Timur mulai dari Surabaya, Gresik, Sidoarjo, Mojokerto hingga Pasuruan semakin handal,” kata Danny. 

Danny mengatakan, dengan kehandalan pasokan energi gas bumi tersebut, akan mendorong investor makin berminat dan betah berinvestasi di Jawa Timur. Sehingga diharapkan akan mendorong pertumbuhan ekonomi masyarakat menjadi lebih baik. 

“Dengan kehandalan pasokan energi gas bumi PGN, tentu akan membuat investor seriang berinvestasi di Jawa Timur,” kata Danny. 

Ia menambahkan lagi, kehandalan pasokan gas bumi ke pelanggan menjadi salah satu fokus utama PGN. Untuk mewujudkan kehandalan pasokan tersebut PGN memiliki program PGN 360° Integrated Solution. Dengan program PGN 360° Integrated Solution, PGN memastikan dan menyelesaikan seluruh permasalahan pelanggan terkait pemanfaatan gas bumi. 

“Dalam PGN 360° Integrated Solution misalnya dalam hal pasokan gas, PGN tidak hanya bergantung pada satu sumber lapangan gas, dengan jaringan infrastruktur pipa gas yang terintegrasi, pasokan gas bisa di dapat dari berbagai lapangan gas bumi. PGN juga memiliki armada CNG hingga LNG trucking yang dapat mensuplai gas bumi di wilayah yang belum terjangkau pipa gas bumi PGN,” jelas Danny. 

Vice President Corporate Communication PGN, Irwan Andri Atmanto menambahkan, sejalan makin handalnya pasokan gas bumi PGN di Jawa Timur, PGN juga semakin agresif mengembangkan infrastruktur gas bumi di wilayah tersebut. Salah satu contohnya, PGN saat ini sedang membangun pipa distribusi gas bumi ruas Gresik-Lamongan-Tuban sepanjang 141 kilometer (Km). 

“Telah menjadi komitmen PGN untuk terus membuka wilayah-wilayah pengguna gas bumi baru, sehingga pemanfaatan produksi gas bumi dalam negeri semakin meningkat,” ujar Irwan. Saat ini PGN telah memasok gas bumi ke 1.652 industri besar dan pembangkit listrik, 1.929 pelanggan komersial (hotel, restoran, rumah sakit) dan Usaha Kecil Menengah (UKM), dan 204.000 pelanggan rumah tangga. 

Pelanggan PGN tersebar di berbagai wilayah mulai dari Sumatera Utara, kepulauan Riau, Riau, Sumatera Selatan, Lampung, DKI Jakarta, Jawa Barat, Banten, Jawa Tengah, Jawa Timur, Kalimantan Utara dan Sorong Papua. Khusus di wilayah Jawa Timur, PGN melayani 27.170 pelanggan rumah tangga, 209 pelanggan komersial, dan 475 pelanggan industri. 

Duta Masyarakat, Page-16, Saturday, April, 15, 2017

Exxon Donate 206 Thousand Barrels per Day



ExxonMobil Cepu Limited (EMCL) is currently in the production stage peak reached 206 thousand barrels of oil per day. EMCL maximal production could boost the overall total oil production in East Java, Bali and Nusa Tenggara oil production in this region has not decreased drastically compared to other regions.

Head of Unit Special Representative of the Upstream Oil and Gas (SKK Migas) Jabanusa Ali Masyhar said EMCL currently being experienced an increase in oil production in the 200 thousand to 206 thousand barrels per day.

"We are currently testing period. Technically still customize whether the existing facilities could be used to increase production without having to add more facilities, "he said during a media workshop SKK Migas - Period I Jabanusa PSC 2017 in Sumenep, Tuesday (11/4) then.

He added, initially EMCL just launched a production peak in the number of 185 thousand barrels of oil per day. "It was backed up more than expected. EMCL oil production continues to rise gradually, "said Ali.

In mid-2015 past, EMCL oil production only reached 80 thousand barrels per day. This figure then rose significantly in early 2016, with oil production by 165 thousand barrels per day. Then, this figure rose again to 185 thousand barrels per day in early 2017. Until the peak could reach 206 thousand barrels per day.

However, due to poor weather conditions make EMCL should put the brakes on production for the container station overcapacity "At the FSO vessel Rimang Crow, Tuban indeed bad weather and heavy rain. So it can not be docked freighter to take the oil from there to the tank vessel FSO wells in full Rimang Crow, "Ali said.

In fact, of the 206 thousand EMCL production of 200 thousand barrels per day were sent to Crow Rimang, in FSO EMCL. The remainder, amounting to 6 thousand were sent to the Refinery Tri Wahana Universal (TWU). "EMCL a major foothold in the oil and gas production Jabanusa. When all of the major oil wells in Indonesia decreased EMCL actually still go up, "said Ali.

Until March 2017 Jabanusa realization of oil production reached 230 thousand barrels per day to 240 thousand barrels per day. Besides EMCL, Jabanusa also rely JOB-PPEJ with oil production of 10 to 14 thousand barrels per day. Realization of the national oil production until the end of March was 815 600 thousand barrels per day. Target National lifting reached 815 thousand barrels per day in Budget 2017. One of the positive contribution derived from Banyu Urip field in the Cepu Block in late March able to produce 205 119 bpd or exceed the target of 201 155 bpd.

IN INDONESIAN

Exxon Sumbang 206 Ribu Barrel per Hari


ExxonMobil Cepu Limited (EMCL) saat ini sedang  memasuki tahap produksi puncak mencapai 206 ribu barel minyak perhari. Berproduksinya EMCL secara maksimal mampu mendongkrak keseluruhan total produksi minyak di Jawa Timur, Bali dan Nusa Tenggara sehingga produksi minyak di kawasan ini tidak menurun secara drastis dibandingkan daerah lain. 

Kepala Perwakilan Satuan Kerja Khusus Pelaksana Kegiatan Hulu Minyak dan Gas Bumi (SKK Migas) Jabanusa Ali Masyhar mengatakan saat ini EMCL sedang mengalami kenaikan produksi minyak di angka 200 ribu hingga 206 ribu barel per hari. 

“Saat ini sedang masa uji coba. Secara teknis masih menyesuaikan apakah fasilitas yang ada bisa digunakan untuk menaikkan produksi tanpa harus menambah fasilitas lagi,” katanya saat Lokakarya Media SKK Migas - KKKS Jabanusa Periode I  2017 di Sumenep, Selasa (11/4) lalu. 

Dia menambahkan, awalnya EMCL hanya mencanangkan produksi puncak di angka 185 ribu barel minyak per hari. “Ternyata cadangannya lebih banyak dari yang diperkirakan. Produksi minyak EMCL pun terus mengalami kenaikan secara bertahap,” kata Ali. 

Di pertengahan tahun 2015 silam, produksi minyak EMCL hanya mencapai 80 ribu barel perhari. Angka ini kemudian naik signifikan pada awal 2016 dengan produksi minyak sebesar 165 ribu barel perhari. Kemudian, angka ini naik lagi menjadi 185 ribu barel perhari di awal 2017. Hingga puncaknya bisa mencapai 206 ribu barel perhari. 

Hanya saja, karena kondisi cuaca yang buruk membuat EMCL harus mengerem produksi karena stasiun penampung kelebihan kapasitas “Pada Kapal FSO Gagak Rimang, Tuban memang Cuaca buruk dan hujan besar. Sehingga kapal pengangkut tidak bisa merapat untuk mengambil minyak dari sana sehingga tangki sumur di Kapal FSO Gagak Rimang penuh,” ujar Ali.

Padahal, dari 206 ribu produksi EMCL sebanyak 200 ribu bph dikirim ke Gagak Rimang, di FSO EMCL. Sisanya, sebesar 6 ribu dikirim ke Kilang Tri Wahana Universal (TWU). “EMCL merupakan tumpuan utama produksi migas di Jabanusa. Saat semua sumur utama minyak di Indonesia mengalami penurunan justru EMCL masih bisa naik,” Kata Ali. 

Sampai Maret 2017 realisasi produksi minyak di Jabanusa mencapai 230 ribu barel perhari hingga 240 ribu barel perhari. Selain EMCL, Jabanusa juga mengandalkan JOB-PPEJ dengan produksi minyak 10 hingga 14 ribu barel per hari. Realisasi produksi minyak nasional sampai akhir Maret mencapai 815.600 ribu barel perhari. Target lifting nasional mencapai 815 ribu barel perhari di APBN 2017. Salah satu kontribusi positif berasal dari Lapangan Banyu Urip di Blok Cepu yang pada akhir Maret mampu memproduksi 205.119 bph atau melebihi target 201.155 bph. 

Duta Masyarakat, Page-16, Saturday, April, 15, 2017

Undepreciated Cost In New Contractor responsibility



The government issued the Minister of Energy and Mineral Resources (ESDM) No. 26 of 2017 regulating the investment cost recovery mechanism in the upstream oil and gas activities.

According to this rule, the investment costs are not depreciated (undepreciated cost) until the contract expires, to be borne by the new contractor. Mentioned in the Ministerial Regulation 26/2017, the issuance of this policy to maintain the fairness of the level of production and the optimization of state revenues from oil and gas upstream activities at the end of the cooperation contract (production sharing contract / PSC). This Ministerial Decree was signed by Minister Ignasius Jonan on 30 March.

Article 2 of this policy require the contractor to maintain reasonable levels of oil and gas production until the PSC ends. That is, investments in the block are the responsibility of the contractor should not stop until the end of the contract. The investment made must be in accordance with the work plan and budget (work plan and budget / WP & B) approved SKK Migas for the contract with the PSC cost recovery and work plans for contractors with gross PSC split.

As a reward beyond it, the government in Article 3 of this policy promises the contractor will get the best return of investment costs with appropriate mechanisms PSC signed. The investment cost recovery is given during the contract period. if after the contract is completed the investment cost has not been rebuilt, the government also set up a payment mechanism in this policy.

First, in terms of the PSC extended, Article 5 states that the return on investment costs can be continued for the duration of the contract for the extension of the PSC with the cost recovery scheme. Meanwhile, if extended with gross schemes split, the remaining undelivered investment costs taken into account in part of contractors. Then if there is a new contractor in addition to the existing contractor, the contractor recently also bear the undepreciated cost proportionally to the amount of participation rights (participating interest / PI) owned.

Second, when the PSC is not extended, Article 6 states that the return on investment is not depreciated cost is to be borne by the new contractor. "In the event Cooperation Contract not renewed and there are still investment costs have not been returned, the return to the contractor carried out by the new contractor," written in the Ministerial Regulation 26 / 2017. The value is in accordance with the rest of the cost of the investment to be returned.

Furthermore, Article 8 states, this obligation will be listed role in the determination letter and the management of the new PSC. The paid value will be used as a deduction from the operating costs of the existing contractor. Then the value of completed investment returns calculated as part of the new contractor.

Then in chapter 10 is mentioned, the completion of undepreciated cost is already calculated in part the contractor and can not affect the calculation for gross proceeds to the PSC split.

Of investment costs, Article 12 states that Menteridapat assign its value by considering the economics of upstream investment activities and the recommendation SKK Migas. Ministers can also set a policy on return of investment costs has not been restored in the event there are no new contractor until the contract expires cooperation.

Not clear

When asked about this policy, President Director of PT Pertamina Hulu Energi (PHE) Mount Sardjono Hadi claimed not clearly understand the contents of the new regulations. Supposedly if undepreciated cost to be paid by the new contractor, it should be taken into account in the determination of profit sharing (split). "If you do not put the split calculation, very heavy," he said.

He claimed, for the Offshore North West Java, for example, the burden of undepreciated cost is quite large, reaching US $ 450 million. Against the investment costs have yet to return, it wants the additional split. It required the company to survive and still need.

Moreover, after the switch to gross PSC split, it did find a few things that make the results received less attractive. Some of the factors that reduce the economics of the project namely the Value Added Tax (VAT) to be borne by the contractor fully borne investment costs of participation rights granted to local governments by 10%, and the cost of renting considering a production facility in ONWJ belongs to the government because the previous contract using a cost recovery scheme.

He admits, gross split also makes the company more efficient by not more regulation comes Governance (PTK) 007 SKK Migas. However, the calculation of the efficiency gained from this suit ascertained. "So I make the estimated efficiency of 10-15%. So invest in a discount of 15%, as well as internal challange, "said Mount.

Undepreciated cost problem can occur in other oil and gas blocks were rescinded and replaced with gross schemes split contract. It includes eight oil and gas blocks that have been declared assigned to Pertamina. However, he acknowledges that the amount of undepreciated cost will not be as big as in ONWJ.

IN INDONESIAN

Undepreciated Cost Di Tanggung Kontraktor Baru

Pemerintah menerbitkan Peraturan Menteri Energi dan Sumber Daya Mineral (ESDM) No 26 Tahun 2017 yang mengatur soal mekanisme pengembalian biaya investasi pada kegiatan usaha hulu migas.

Menurut aturan ini, biaya investasi yang tidak terdepresiasi (undepreciated cost) sampai kontrak berakhir, menjadi tanggungan kontraktor baru. Dalam Peraturan Menteri 26/2017 disebutkan, penerbitan beleid ini untuk menjaga kewajaran tingkat produksi dan optimalisasi penerimaan negara dari kegiatan hulu migas pada masa akhir kontrak kerja sama (production sharing contract/ PSC). Peraturan Menteri ini diteken oleh Menteri ESDM Ignasius Jonan pada 30 Maret lalu.

Pasal 2 beleid ini mewajibkan kontraktor untuk menjaga tingkat kewajaran produksi migas sampai PSC berakhir. Artinya, investasi di blok yang menjadi tanggung jawab kontraktor tidak boleh berhenti sampai akhir kontrak. Investasi yang dilakukan harus sesuai dengan rencana kerja dan anggaran (work plan and budget/WP&B) yang disetujui SKK Migas bagi kontrak dengan PSC cost recovery dan rencana kerja bagi kontraktor dengan PSC gross split.

Sebagai imbal baliknya, pemerintah dalam Pasal 3 beleid ini menjanjikan kontraktor akan memperoleh pengembalian biaya investasi dengan mekanisme sesuai PSC yang diteken. Pengembalian biaya investasi ini diberikan selama masa kontrak. jika setelah kontrak selesai biaya investasi belum kembali seluruhnya, pemerintah juga menyiapkan mekanisme pembayarannya dalam beleid ini.

Pertama, dalam hal PSC diperpanjang, Pasal 5 menyebutkan bahwa pengembalian biaya investasi dapat dilanjutkan selama masa perpanjangan kontrak untuk PSC dengan skema cost recovery. Sementara jika diperpanjang dengan skema gross split, sisa biaya investasi yang belum dikembalikan diperhitungkan dalam bagian kontraktor. Kemudian jika terdapat kontraktor baru selain kontraktor eksisting, maka kontraktor baru ini juga turut menanggung undepreciated cost secara proporsional sesuai besaran hak partisipasi (participating interest/PI) yang dimiliki.

Kedua, ketika PSC tidak diperpanjang, Pasal 6 menyatakan bahwa pengembalian biaya investasi yang belum terdepresiasi ini menjadi tanggungan kontraktor baru. “Dalam hal Kontrak Kerja Sama tidak diperpanjang dan masih terdapat biaya investasi yang belum dikembalikan, pengembalian kepada kontraktor dilakukan oleh kontraktor baru,” demikian tertulis dalam Peraturan Menteri  26/ 2017.  Nilainya sesuai dengan sisa biaya investasi yang harus dikembalikan tersebut.

Selanjutnya Pasal 8 menyebutkan, kewajiban ini akan dicantumkan dalan surat penetapan pengelolaan dan PSC baru. Nilai yang dibayarkan akan dijadikan pengurang biaya operasi kontraktor eksisting. Kemudian nilai pengembalian investasi yang diselesaikan diperhitungkan sebagai bagian kontraktor baru.

Kemudian pada Pasal 10 disebutkan, penyelesaian undepreciated cost ini sudah diperhitungkan dalam bagian kontraktor dan tidak dapat mempengaruhi perhitungan bagi hasil pada PSC gross split.

Atas biaya investasi, Pasal 12 menyatakan bahwa Menteridapat menetapkan nilainya dengan mempertimbangkan keekonomian kegiatan investasi hulu setelah mendapat rekomendasi SKK Migas. Menteri juga dapat menetapkan kebijakan atas pengembalian biaya investasi yang belum dikembalikan dalam hal tidak terdapat kontraktor baru sampai kontrak kerja sama berakhir.

Belum Jelas

Ketika ditanyai soal beleid ini, Presiden Direktur PT Pertamina Hulu Energi (PHE) Gunung Sardjono Hadi mengaku belum memahami secara jelas isi peraturan baru tersebut. Seharusnya jika undepreciated cost harus dibayar oleh kontraktor baru, maka sebaiknya diperhitungkan dalam penentuan bagi hasil (split). “Kalau tidak dimasukkan perhitungan split, sangat berat," katanya.

Dia mengaku, untuk Blok Offshore North West Java misalnya, beban undepreciated cost ini cukup besar yaitu mencapai US$ 450 juta. Terhadap adanya biaya investasi yang belum kembali ini, pihaknya menginginkan adanya tambahan split. Hal ini dibutuhkan perusahaan untuk bertahan dan tetap butuh.

Apalagi setelah berganti ke PSC gross split, pihaknya menemukan beberapa hal yang membuat bagi hasil yang diterima kurang menarik. Beberapa faktor yang mengurangi keekonomian proyek yakni Pajak Pertambahan Nilai (PPN) yang menjadi tanggungan kontraktor sepenuhnya, tanggungan biaya investasi dari hak partisipasi yang diberikan ke pemerintah daerah sebesar 10%, dan adanya biaya sewa mengingat fasilitas produksi di Blok ONWJ menjadi milik pemerintah karena kontrak sebelumnya menggunakan skema cost recovery.

Dia mengakui, gross split juga membuat perusahaan lebih efisien dengan tidak lagi berlakunya Peraturan Tata Kelola (PTK) 007 SKK Migas. Namun, perhitungan efisiensi yang diperoleh dari hal ini suit dipastikan. “Jadi saya bikin estimasi efisiensi 10-15%. Jadi investasinya di diskon 15%, ini sebagai challange internal juga,” kata Gunung.

Masalah undepreciated cost ini dapat terjadi pada blok migas lain yang diputus kontraknya dan digantikan dengan kontrak skema gross split. Ini termasuk delapan blok migas yang telah dinyatakan ditugaskan ke Pertamina. Hanya saja, diakuinya besaran undepreciated cost itu tidak akan sebesar di Blok ONWJ.

Investor Daily, Page-9, Thursday, April, 13, 2017

Investors Need Certainty



Rule of law and government policies that encourage investment to be crucial for investors in oil and gas exploration and production. The reason, investment in oil and gas sector need big capital that investors need certainty in calculating the economics.

"There should be a meeting point between the desire of the government and the interests of investors. The balance of interests between the two parties must be maintained. Because, otherwise, the investment will be hard to walk," said Executive Director lndonesian Petroleum Association (IPA) Marjolijn Wajong

Related to the energy sector policies made by the government at this time, he considered it the concept of government rules that made good enough. However, the implementation details still require further explanation.

He pointed out about the Minister of Energy and Mineral Resources No. 26/2017 concerning Refund Mechanism Investments in Upstream Oil and Gas and Gas where incumbents still have to continue to invest and later results that can not be taken advantage will be replaced with new operator

In this rule, the problem is what if the oil and gas wells that have been worked on it then no further interest. The government has always relied Pertamina will pay compensation.

IN INDONESIAN

Investor Butuh Kepastian


Kepastian hukum dan kebijakan pemerintah yang mendukung investasi menjadi hal penting bagi investor minyak dan gas bumi dalam melakukan eksplorasi hingga produksi. Pasalnya, investasi di sektor migas butuh modal besar sehingga investor memerlukan kepastian dalam memperhitungkan keekonomiannya.

"Harus ada titik temu antara keinginan pemerintah dan kepentingan investor. Keseimbangan kepentingan antara kedua pihak harus dijaga. Karena, kalau tidak, investasi akan sulit berjalan,” ujar Executive Director lndonesian Petroleum Association (IPA) Marjolijn Wajong

Terkait kebijakan sektor energi yang dibuat pemerintah saat ini, dia menilai secara konsep aturan yang di buat pemerintah sudah cukup bagus. Namun, detail pelaksanaannya masih memerlukan penjelasan lebih lanjut.

Dia mencontohkan soal Peraturan Menteri Energi Sumber Daya Mineral No 26/ 2017 tentang Mekanisme Pengembalian Biaya Investasi pada Kegiatan Usaha Hulu Migas dan Gas Bumi yang mana operator lama tetap harus melanjutkan investasi dan nantinya hasil keuntungan yang tidak bisa dibawa akan digantikan dengan operator baru 

Pada peraturan ini, persoalannya adalah bagaimana jika sumur migas yang telah digarap itu kemudian tidak ada peminat selanjutnya. Pemerintah selalu mengandalkan Pertamina yang akan menanggung ganti ruginya.

Koran Sindo, Page-8, Thursday, April, 13, 2017

PT Kreasindo Build Refinery capacity is 300,000 barrels per day



The government wants private companies also participate dalarn construction of an oil refinery. Currently the refinery project undertaken by private had received legal protection in the form of Energy and Mineral Resources Regulation No. 35/2016 on the Development of Domestic Oil Refinery By Private Enterprises.

One company plans refinery is Kreasindo Resources Indonesia. Kreasindo is going to build industrial zones of oil and gas (oil) of 600 hectares in Situbondo, East Java. In the area of ​​oil and gas industry, the company plans to build an oil refinery.

Kreasindo Resources Indonesia President Director Rudy Radjab asserted, the refinery project on the agenda Kreasindo business. But the refinery's capacity will change as the supply of crude oil (crude) feedstock for the refinery of Iran also changed. "Crude is different, refinery capacity rose to 300,000 barrels per day," he said

The previous plan, the refinery in Situbondo only has a production capacity of approximately 150,000 barrels per day. With these capacity changes, the investment value of the refinery also change. The investment value of the construction of the refinery capacity of 150,000 barrels per day is projected to reach US $ 5 billion. As a result of this capacity expansion, the refinery investment funds also rose to US $ 7.5 billion.

With these changes, Kreasindo must undertake a feasibility study again. So do not apply for permission to the Ministry of Energy and Mineral Resources for the construction of private refineries. Kreasindo also still have to get permission from Situbondo related PemeIintah land to be used for the construction of the refinery.

The permit is expected soon along with the feasibility study completed this year. In pursuit of the target, Rudy Kreasindo call likely will seek another location when Situbondo Local Government does not give permission locations.

So far, the central government has helped the efforts of private projects. For example, Regulation of Minister of Private Refinery published, as well as cooperation with Iran will supply crude to the refinery. If everything is fine this year, Kreasindo groundbreaking could begin at the end of the year.

We are targeting financial closing by early 2018, "said Rudy. He said, state-owned China is ready to give funding for the construction of this refinery. It is expected that the construction of the refinery that takes 30 months to run smoothly.

If the refinery is already production, most refined products to the top 92 types of gasoline will be channeled into the country if Pertamina is willing to be of takers. "But if not willing, I will export to China and Vietnam," he said

IN INDONESIAN

PT. Kreasindo Membangun Kilang Kapasitas 300.000 Barel per Hari


Pemerintah ingin perusahaan swasta juga ikut berperan dalarn pembangunan kilang minyak. Saat ini proyek kilang yang digarap swasta sudah mendapat perlindungan hukum berupa Peraturan Menteri ESDM Nomor 35/2016 tentang Pelaksanaan Pembangunan Kilang Minyak di Dalam Negeri Oleh Badan Usaha Swasta. 

Salah satu perusahaan yang berencana Kilang adalah Kreasindo Resources Indonesia. Kreasindo memang akan membangun kawasan industri minyak dan gas (migas) seluas 600 hektare di Situbondo, Jawa Timur. Dalam kawasan industri migas itu, perusahaan berencana membangun kilang minyak.

Direktur Utama Kreasindo Resources Indonesia Rudy Radjab menegaskan, proyek kilang masuk dalam agenda bisnis Kreasindo. Namun kapasitas kilang akan berubah karena pasokan minyak mentah (crude) bahan baku bagi kilang ini dari Iran juga berubah. "Crude berbeda, kapasitas kilang naik jadi 300.000 barel per hari," katanya

Rencana sebelumnya, kilang di Situbondo hanya memiliki kapasitas produksi sekitar 150.000 barel per hari. Dengan perubahan kapasitas tersebut, nilai investasi kilang juga ikut berubah. Nilai investasi pembangunan kilang kapasitas 150.000 barel per hari diproyeksikan mencapai  US$ 5 miliar. Akibat penambahan kapasitas ini, dana investasi kilang juga naik menjadi US$ 7,5 miliar.

Dengan perubahan tersebut, Kreasindo harus melakukan feasibility study lagi. Sehingga belum mengajukan izin kepada Kementerian ESDM untuk pembangunan kilang swasta. Kreasindo juga masih harus mendapatkan izin dari PemeIintah Situbondo terkait lahan yang akan digunakan untuk pembangunan kilang. 
Diharapkan izin tersebut beserta feasibility study segera selesai pada tahun ini. Demi mengejar target, Rudy menyebut kemungkinan besar Kreasindo akan mencari lokasi lain jika Pemerintah Daerah Situbondo tidak memberikan izin lokasi.

Sejauh ini, pemerintah pusat sudah membantu upaya proyek swasta. Misalnya, Peraturan Menteri ESDM tentang Kilang Swasta diterbitkan, serta kerjasama dengan Iran yang nantinya akan memasok crude untuk kilang tersebut. Jika segalanya lancar pada tahun ini, Kreasindo bisa memulai groundbreaking di akhir tahun. 

Financial closing kami targetkan paling lambat awal 2018,"ujar Rudy. Dia bilang, BUMN China sudah siap memberi pendanaan untuk pembangunan kilang ini. Sehingga diharapkan pembangunan konstruksi kilang yang memerlukan waktu 30 bulan bisa berjalan lancar.

Jika kilang sudah produksi, sebagian produk kilang yang jenis gasoline 92 ke atas ini akan disalurkan ke dalam negeri jika Pertamina bersedia menjadi of taker. "Tapi kalau tidak bersedia, saya akan ekspor ke China dan Vietnam," ujarnya.

Kontan, Page-14, Thursday, April, 13, 2017

Claims Pertamina, Total EP Willing to Participate in Mahakam



Negotiations between PT Pertamina and PT Total EP lndonesie still difficult. Total EP and Inpex still not provide certainty participate in the management of the Mahakam block whose contract runs out the end of the 2017's. Pertamina will continue to provide 30% and not 39% stake in the Mahakam to Total E & P and Inpex.

Syamsu Alam, Director of PT Pertamina Hulu, claims, Total EP already expressed an interest orally to Pertamina to get into the Mahakam. "They say, had no desire to join," he said, Tuesday (11/4).

However, Total EP asks requirement if it goes into the Mahakam. Natural affection would not explain the terms requested by Total. On the other hand, the total attitude has not been accompanied by an official letter to Pertamina. "We can not just talk it. If you want to join, please let us know through the Official Letter, like what the merger means, such desire," said Alam.

Until now, Pertamina has not received an official letter from Total E & P and related lnpex also wishes to join manage the Mahakam block after 2017. It is not surprising, if the business to business discussions between Pertamina, Total and Inpex have not been implemented.

Even so, according to Nature, Total still has exclusive rights until December 31, 2017 to apply an interest in Mahakam. If the time limit has passed, Total still be bidding, as well as other oil and gas companies' But it only would share down 30% stake in the Mahakam, "he said.

IN INDONESIAN

Pertamina Klaim, Total EP Bersedia Ikut di Mahakam


Negosiasi antara PT Pertamina dan PT Total EP lndonesie masih sulit. Total EP dan Inpex masih belum memberikan kepastian ikut dalam pengelolaan Blok Mahakam yang kontraknya habis akhir 2017 ini. Pertamina akan tetap memberi 30% , bukan 39% saham Mahakam ke Total EP dan Inpex.

Syamsu Alam, Direktur Hulu PT Pertamina, mengklaim, Total EP sudah menyatakan minat secara lisan kepada Pertamina untuk masuk ke Mahakam. "Mereka bilang, punya keinginan bergabung," katanya, Selasa (11/4). 

Namun, Total EP meminta syarat jika masuk ke Mahakam. Sayang Alam tidak mau menjelaskan syarat yang diminta oleh Total. Di sisi lain, sikap Total tersebut belum disertai Surat resmi kepada Pertamina. "Kami tidak bisa hanya pembicaraan saja. Kalau ingin bergabung, silahkan sampaikan melalui Surat Resmi, seperti apa cara bergabungnya, keinginan seperti apa," kata Alam.

Hingga saat ini Pertamina belum menerima surat resmi dari Total EP dan juga lnpex terkait keinginan bergabung mengelola blok Mahakam pasca tahun 2017. Maka tidak heran, jika diskusi business to business antara Pertamina, Total dan Inpex belum terlaksana.

Biarpun begitu, menurut Alam, Total masih memiliki hak eksklusif hingga 31 Desember 2017 untuk mengajukan minat di Mahakam. Jika lewat batas waktu itu, Total tetap bisa mengajukan penawaran, begitu juga dengan perusahaan migas lain "Tapi, Pertamina hanya akan share down 30% saham di Mahakam," kata dia.

Kontan, Page-14, Thursday, April, 13, 2017

Covered Investment New Contractor


The transition operator of oil and gas blocks

New contractor will bear the costs of investments that have been incurred by the existing contractor in transition management of oil and gas blocks.

This is in accordance with the provisions of Regulation No. Minister of Energy and Mineral Resources 26/2017 on the Mechanism of Investment Refund on the Upstream Oil and Gas which was published on March 30, 2017, stated that there are 14 chapters with a few main points.

First, the government guaranteeing repayment of the cost of investment in the transition to the contractor exist. It was stated in Article 3 of Regulation of the Minister of Energy and Mineral Resources No. 26/2017 calling contractor is entitled to reimbursement of investments made to maintain production levels. In Article 5 and 6 is set on return on investment cost for a contract extension that implement operating cost recovery or cost recovery can proceed.

Meanwhile, when the next contract turned into a production sharing contract dirty or gross split, the cost of investment in the transition period investment cost has not been returned or unrecovered costs accounted for in part the contractor. 

    On the other hand, if there is any other contractor who has management rights, the return on investment costs can be divided in proportion to the shareholding participation.

In Article 6, if the contract is not renewed and there are still investment costs have not been returned, repayment burden carried by the new contractor. Meanwhile, the return value of the investment cost is the remainder of the investment costs that have not reverted to the old contract.

In Article 8 states that the value of the return on the investment cost included in the determination letter new working area and a new cooperation contract. Related to the type of contract, Article 10 is mentioned, the completion of undepreciated cost already accounted for in part so that the contractor does not affect the calculation of gross profit sharing scheme split.

Minister of Energy and Mineral Resources shall be entitled to the value of the return on investment by considering the economics of upstream investment activities and the recommendation SKK Migas. 

     Associated with the new beleid, President Director of PT Pertamina Hulu Energi (PHE) Mount Sardjono Hadi admitted that it did not understand the contents of the new regulations. The reason is, there are still costs that can not be depreciated in the Offshore North West Java (ONWJ) who had switched to split the gross contract in January 2017.

PROFIT SHARING

PHE ONWJ is the same contractor well in the previous contract while using the gross cost recovery or split. In the old contract, the management ONWJ still leave undepreciated cost of US $ 450 million.

      According to him, the cooperation contract changes, it could be considered that these costs could increase the revenue share (split) contractor. Because, there are an additional burden in the form of taxes, rental fees for dependents facilities also charge a 10% share offer to enterprises.

Additional revenue can only be a maximum of 5% and considering the economic field. Conversion undepreciated cost into additional revenue only when the contractor contractor filed its own transition from contract gross cost recovery be split as stipulated in Article 25 of Regulation No. 8/2017 on Contracts Gross Split.

"If you do not put the split calculation, very heavy," he said, Wednesday (12/4).

Director of Upstream Oil and Gas Ministry of Energy and Mineral Resources Single say, the economic field would certainly be a consideration of the investment cost recovery. However, it was seen by case basis and can not apply to all areas of work.

Government commissioned PT Pertamina to manage eight blocks with a gross scheme split. This is the eighth block Tuban Block, Ogan Ogan, Sanga-Sanga, South East Sumatra, Central, North Sumatra Offshore, East Kalimantan, and Attaka.

IN INDONESIAN
Peralihan operator blok migas

Investasi Ditanggung Kontraktor Baru


Kontraktor baru akan menanggung biaya investasi yang telah sudah dikeluarkan oleh kontraktor existing dalam masa peralihan pengelolaan blok minyak dan gas bumi.

Hal itu sesuai dengan ketentuan dalam Peraturan Menteri ESDM No. 26/2017 tentang Mekanisme Pengembalian Biaya Investasi pada Kegiatan Usaha Hulu Minyak dan Gas Bumi yang terbit pada 30 Maret 2017. Dalam beleid itu terdapat 14 pasal dengan beberapa poin utama.

Pertama, pemerintah menjamin pengembalian biaya investasi pada masa transisi kepada kontraktor eksis. Hal itu tercantum pada Pasal 3 Peraturan Menteri ESDM No. 26/2017 yang menyebut kontraktor berhak atas pengembalian biaya investasi yang dilakukan untuk menjaga tingkat produksi. 

     Pada Pasal 5 dan 6 diatur tentang pengembalian biaya investasi untuk perpanjangan kontrak yang menerapkan pengembalian biaya operasi atau cost recovery bisa dilanjutkan.

Sementara itu, bila pada kontrak berikutnya beralih menjadi kontrak bagi hasil kotor atau gross split, biaya investasi di masa transisi juga biaya investasi yang belum dikembalikan atau unrecovered cost diperhitungkan dalam bagian kontraktor. 

     Di sisi lain, bila terdapat kontraktor lain yang memiliki hak pengelolaan, pengembalian biaya investasi bisa dibagi secara proporsional sesuai dengan kepemilikan saham partisipasi.

Pada Pasal 6, jika kontrak tidak diperpanjang dan masih terdapat biaya investasi yang belum dikembalikan, beban pengembalian dilakukan oleh kontraktor baru. Adapun, nilai pengembalian biaya investasi merupakan sisa biaya investasi yang belum dikembalikan pada kontrak lama. 

Pada Pasal 8 menyebutkan bahwa nilai pengembalian atas biaya investasi dicantumkan dalam surat penetapan pengelolaan wilayah kerja baru dan kontrak kerja sama baru. Terkait dengan jenis kontrak, pada Pasal 10 disebutkan, penyelesaian undepreciated cost sudah diperhitungkan dalam bagian kontraktor sehingga tidak mempengaruhi perhitungan bagi hasil pada skema gross split.

Menteri ESDM juga berhak menetapkan nilai pengembalian investasi dengan mempertimbangkan keekonomian kegiatan investasi hulu setelah mendapat rekomendasi SKK Migas. Terkait dengan beleid baru itu, Presiden Direktur PT Pertamina Hulu Energi (PHE) Gunung Sardjono Hadi mengaku bahwa pihaknya belum memahami isi peraturan baru tersebut. Pasalnya, saat ini masih terdapat biaya yang tidak bisa terdepresiasi pada Blok Offshore North West Java (ONWJ) yang baru beralih ke kontrak gross split pada Januari 2017.

BAGI HASIL

PHE ONWJ merupakan kontraktor yang sama baik pada kontrak sebelumnya saat menggunakan cost recovery maupun gross split. Pada kontrak lama, pengelolaan ONWJ masih meninggalkan undepreciated cost US$ 450 juta.

     Menurutnya, dengan perubahan kontrak kerja sama, bisa dipertimbangkan agar biaya tersebut bisa menambah bagi hasil (split) kontraktor. Pasalnya, masih terdapat tambahan beban berupa pajak, biaya sewa fasilitas juga biaya tanggungan untuk penawaran saham 10% kepada BUMD.

Tambahan bagi hasil hanya bisa dilakukan maksimum 5% dan mempertimbangkan keekonomian lapangan. Konversi undepreciated cost menjadi tambahan bagi hasil kontraktor hanya dilakukan bila kontraktor mengajukan sendiri peralihan kontrak dari cost recovery menjadi gross split seperti diatur dalam Pasal 25 Peraturan Menteri No. 8/2017 tentang Kontrak Gross Split.

“Kalau tidak dimasukkan perhitungan split, sangat berat," katanya, Rabu (12/4). 

Direktur Pembinaan Usaha Hulu Minyak dan Gas Bumi Kementerian ESDM Tunggal mengatakan, keekonomian lapangan tentunya akan menjadi pertimbangan tentang pengembalian biaya investasi. Namun, hal itu dilihat per kasus dan tidak bisa berlaku untuk semua wilayah kerja. 

Pemerintah menugaskan PT Pertamina untuk mengelola delapan blok dengan skema gross split. Kedelapan blok ini adalah Blok Tuban, Ogan Komering, Sanga-Sanga, South East Sumatera, Tengah, North Sumatera Offshore, East Kalimantan, dan Attaka. 

Bisnis Indonesia, Page-30, Thursday, April, 13, 2017