Oil, gas imports too costly for RI in long term

Despite once being a major oil and gas producer, Indonesia is projected to rely on imports to meet domestic demand by 2050 amid growing un-attractiveness in the sector. 

    Indonesia’s domestic oil production has gradually dwindled from 1.2 million barrels per day in the early 2000s to the current 800,000 barrels per day forcing it to import 60 percent of its oil needs of 1.6 million barrels each day Such a dependence on imports will be too costly for Indonesia in the long run, Jakarta-based energy think tank ReforMiner Institute has warned. 

In its simulation revealed Monday the institute predicts Indonesia will need to allocate between US$41.23 billion and $58.6 billion in foreign exchange in 2025 to buy foreign oil if global oil prices continue to hover at around $50 to $70 a barrel within the 2017-2025 period. 

    The figure might range between $67.2 billion and $94.1 billion in 2025 if  state-owned energy giant Pertamina fails to complete its refinery development projects. The y government allocated $15.9 billion in foreign exchange for oil last year. 

Acknowledging the persistently low oil production, the government has launched the General Planning for National Energy. (RUEN) for the 2025-2050 period in a bid to maintain production at around 699,000 barrels of oil per day (bopd) by 2050. The measures will include boosting enhanced oil recovery (EOR) activities at existing fields and conducting exploration activities to find new oil and gas sources. 

However, investors have seemingly lost their appetite for injecting cash into 1ndonesia’s oil and gas sector, as investment for exploration activities gradually declined to $800 million in 2016 from $1.3 billion in 2012, according to data from the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas). 

   ReforMiner executive director Komaidi Notonegoro said it would be hard for the government to depend on EOR and exploration activities, especially at a time of deterioration in the industry, as investors would be reluctant to spend much.On the other hand, it was also competing tightly with its peers in Asia Pacific.

“If We have to rely on imports, We Will compete with our neighbors for oil supplies, including from the Middle East. Therefore, We shouldn’t have to rely on imports,” Komaidi said. Responding to this issue, National Energy Board (DEN) member Andang Bachtiar acknowledged the need to reform the investment climate in the industry to improve its competitiveness, which in turn would help meet each target set in the RUEN. 

   He pointed out that the Energy and Mineral Resources Ministry’s plan to issue a ministerial decree that may require new contracts for existing fields to include proposals for EOR activities to curb lndonesia’s production decline. “All targets in the RUEN are practical and realistic as long as the government is Willing to change,” Andang said.

Jakarta Post, Page-13, Tuesday, June 13, 2017

FPU Cricket Production Reaches 900 MMSCFD

Gas production from the cricket floating processing unit (FPU) of Cricket in Muara Bakau Block, Makassar Strait has the potential to increase to 900 million standard cubic feet per day / mmscfd. Additional production comes from Merakes Field and the Indonesia Deepwater Development (IDD) project.

Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan said, FPU Crickets have started production since May 26 with a volume of 120-130 mmscfd. In accordance with production capacity plan, FPU Cricket ship is designed for gas processing with capacity up to 450 mmscfd gradually or equivalent to 83 thousand barrel oil equivalent per day / boepd.

"If adjusted again, slightly increased, the production capacity can be up to 600 mmscfd with additional gas coming from Merakes field in East Sepinggan Block," he said in his official statement on Sunday (10/6).

This has a very significant effect on the upstream oil and gas industry in Indonesia. The reason, according to Jonan, production from this Cricket Field could be a substitute for the production of the Mahakam Block began to fall. "If it can be at least 450 mmscfd it's pretty good, national gas production is now 7,100 mmscfd, it should add 7% if condensate is little," he said.

Previously, ENI, also the operator of Muara Bakau Block, announced the successful drilling and testing of Marekes Well 2 in East Sepinggan Block. The findings in Merakes are estimated at 2 trillion cubic feet of gas with additional potential that needs to be evaluated. Location of Wells Merakes 2 with Jangkrik Field facilitate synergy with existing production infrastructure.

During the visit of Jonan to the Field of Cricket, ENI also submitted its plan to hold Chevron Indonesia related to the cooperation plan of the use of production facilities at the Indonesia Deepwater Development (IDD) project in Gendalo-Gehem, Makassar Strait, which is quite close to the location of this Cricket FPU.

"So Chevron does not have to invest big again, the same facilities can be used, so there is no duplication (more efficient) and the time can be faster," said Jonan.

As is known, the Cricket Complex Project, which includes North Korea's Cricket and Cricket Fields, started production in May, faster than the target in 2018. Production from both fields is channeled through 10 subsea wells connected to FPU Cricket.

Once processed on the FPU, the gas will be flown through a special 79-kilometer pipeline to the Onshore Receiving Facility, through the East Kalimantan Transportation System, to the Badak LNG plant in Bontang.

IN INDONESIA

Produksi FPU Jangkrik Capai 900 MMSCFD

Produksi gas dari fasilitas pemrosesan gas terapung (floating processing unit/FPU) Jangkrik di Blok Muara Bakau, Selat Makassar berpotensi meningkat menjadi 900 million standard cubic feet per day/mmscfd. Tambahan produksi berasal dari Lapangan Merakes dan proyek Indonesia Deepwater Development (IDD).

Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan mengatakan, FPU Jangkrik sudah mulai berproduksi sejak 26 Mei dengan volume 120-130 mmscfd. Sesuai dengan rencana kapasitas produksi, kapal FPU Jangkrik dirancang untuk pengolahan gas dengan kapasitas hingga 450 mmscfd secara bertahap atau setara dengan 83 ribu barrel oil equivalen per day/ boepd.

“Kalau disesuaikan lagi, ditingkatkan sedikit, kapasitas produksinya bisa sampai 600 mmscfd dengan tambahan gas yang berasal dari lapangan Merakes di Blok East Sepinggan,” kata dia dalam keterangan resminya, Minggu (10/ 6).

Hal ini memberikan efek yang sangat signifikan terhadap industri hulu migas Indonesia. Pasalnya, menurut Jonan, produksi dari Lapangan Jangkrik ini bisa menjadi pengganti produksi Blok Mahakam yang mulai turun. “Kalau bisa minimal 450 mmscfd itu lumayan sekali, produksi gas nasional sekarang 7.100 mmscfd, mestinya menambah 7% bila kondensatnya sedikit,” katanya.

Sebelumnya, ENI yang juga operator Blok Muara Bakau, mengumumkan keberhasilan pengeboran dan pengetesan Sumur Marekes 2 di Blok East Sepinggan. Temuan di Merakes ini diperkirakan sebesar 2 triliun kaki kubik gas dengan tambahan potensi yang perlu dievaluasi. Lokasi Sumur Merakes 2 dengan Lapangan Jangkrik memudahkan sinergi dengan infrastruktur produksi eksisting.

Dalam kunjungan Jonan ke Lapangan Jangkrik tersebut, ENI juga menyampaikan rencananya untuk menggandeng Chevron Indonesia terkait rencana kerja sama penggunaan fasilitas produksi pada proyek Indonesia Deepwater Development (IDD) di Gendalo-Gehem, Selat Makassar, yang cukup dekat dengan lokasi FPU Jangkrik ini.

“Jadi Chevron tidak usah berinvestasi lagi yang besar, fasilitas yang sama bisa dipakai, supaya tidak ada duplikasi (lebih efisien) dan waktunya bisa lebih cepat,” kata Jonan.

Sebagaimana diketahui, Proyek Kompleks Jangkrik yang mencakup Lapangan Jangkrik dan Jangkrik North East, telah memulai produksinya pada Mei lalu, lebih cepat dari pada target pada 2018. Produksi dari kedua lapangan disalurkan melalui 10 sumur bawah laut yang terhubung dengan FPU Jangkrik. 

Setelah diproses di atas FPU, gas akan dialirkan melalui pipa khusus sepanjang 79 kilometer ke Fasilitas Penerima di Darat atau Onshore Receiving Facility, melalui Sistem Transportasi Kalimantan Timur, hingga tiba di kilang LNG Badak di Bontang.

Investor Daily, Page-9, Tuesday, June 13, 2017

Petrochina Begins to Explore Oil and Gas Downstream Business in Indonesia

The China-based oil and gas company Petrochina began exploring to develop its business in the downstream sector. This step further strengthens the existence of a company that has 15 years operating in the country.

"There is a direction from the center (holding in China) to try to discuss with partners or stakeholders not only in up stream, but also downstream," said VP Government Relations of Petrochina Indonesia Budi Setiadi.

Budi said the downstream business is being explored as a refinery or distribution. Currently Petrochina continues to open opportunities with various parties to develop oil and gas business, including with PT Pertamina. "Petrochina will continue to develop operations in Indonesia, can also play in the refinery. Not only oil and gas, but chemical. Our technology and funds are ready, "he said.

Budi said that Petrochina's interest in the downstream sector of oil and gas is in line with the development of a company that has been operating for 15 years in Indonesia. "So it is not because the business in the upstream is sluggish," he said.

On the other hand, Budi said that Petrochina is also continuing to search for new oil and gas blocks in line with the end of Tuban block in February 2018. According to him, if there is an attractive and economical working area will be considered for acquisition. "We have had initial discussions with Pertamina which is a partner company in Tuban, talk business to business, what can enter again" said Budi.

Known, the working area of ​​Tuban block East Java is owned by PT Pertamina Hulu Energi (PHE) Tuban East Java by 50 percent, Petrochina International Java 25 percent and PT Pertamina Hulu Energi Tuban by 25 percent. Early this year, the government has decided to provide the management of the Tuban block to PHE.

Budi said, Petrochina in 2017 is targeting production of 80,000 - 85.000 BOEPD. This figure is down from 2016 by 90 BOEPD as the industry slows. "This is normal and natural, the industry is decreasing," said Budi.

IN INDONESIA

Petrochina Mulai Jajaki Bisnis Hilir Migas di lndonesia

Perusahaan migas asal Tiongkok, Petrochina mulai menjajaki untuk mengembangkan bisnis di sektor hilir. Langkah ini semakin mengokohkan keberadaan perseroan yang sudah 15 tahun beroperasi di Tanah Air.

“Sudah ada arahan dari pusat (holding di Tiongkok) untuk mencoba diskusi dengan mitra atau stakeholder tidak hanya di up stream (hulu), tapi juga di hilir (down stream),” kata VP Government Relations Petrochina Indonesia Budi Setiadi.

Budi mengatakan, bisnis sektor hilir yang dijajaki yakni kilang atau distribusi. Saat ini Petrochina terus membuka peluang dengan berbagai pihak untuk mengembangkan bisnis migas, termasuk dengan PT Pertamina. “Petrochina akan terus mengembangkan operasi di Indonesia, bisa juga main di refinery. Tidak hanya minyak dan gas, tapi chemical. Teknologi dan dana kami siap,” kata dia.

Budi mengatakan, ketertarikan Petrochina di sektor hilir migas sejalan berkembangnya perusahaan yang sudah 15 tahun beroperasi di Indonesia. “Jadi bukan karena bisnis di hulu sedang lesu,” kata dia.

Di sisi lain, Budi mengatakan, Petrochina juga terus mencari blok migas baru seiring akan berakhirnya blok Tuban pada Februari 2018. Menurutnya jika ada wilayah kerja yang menarik dan ekonomis akan dipertimbangkan untuk diakuisisi. “Kami sudah melakukan pembicaraan awal dengan Pertamina yang menjadi mitra perseroan di Tuban, bicara secara business to business, apa bisa masuk lagi” kata Budi.

Diketahui, wilayah kerja blok Tuban Jawa Timur dimiliki oleh PT Pertamina Hulu Energi (PHE) Tuban East Java sebesar 50 persen, Petrochina International Java 25 persen dan PT Pertamina Hulu Energi Tuban sebesar 25 persen. Pada awal tahun ini, pemerintah sudah memtuskan untuk memberikan pengelolaan blok Tuban kepada PHE.

Budi mengatakan, Petrochina pada tahun 2017 menargetkan produksi 80.000 - 85.000 BOEPD. Angka ini turun dari 2016 sebesar 90 BOEPD seiring lesunya industri. “Ini normal dan natural, industrinya memang menurun,” kata Budi.

Investor Daily, Page-9, Tuesday, June 13, 2017

DEN Request ESDM Review Ministerial Regulation EOR

The National Energy Council (DEN) requested the Ministry of Energy and Mineral Resources (ESDM) review the regulations related to enhanced oil recovery (EOR) activities. Beleid EOR should be able to encourage activities to be more massive again. DEN member Andang Bachtiar said the regulation will be signed by ESDM Minister Ignatius Jonan this month.

It's just that he said the draft Regulation of Minister of Energy and Mineral Resources was not as expected. "The EOR Ministerial Regulation is being filed and wants to be signed in June. In IPA Covex, it is discussed that the Ministerial Regulation is only normative, does not lead to EOR which is expected to flow in 2020/2021, "Andang said in a discussion of Indonesian Petroleum Association (IPA) in Jakarta, Monday (12/6).

Andang did not explain the manuscript of the so-called normative rules. But he asked the Ministry of Energy and Mineral Resources to invite the association in order to arrange the beleid. According to this EOR regulation has significance in oil and gas activities. He hopes the rule will soon be published

Director General of Oil and Gas at the Ministry of Energy and Mineral Resources, I Gusti Nyoman Wiratmaja, previously said that oil and gas is still the primary source of energy in Indonesia. EOR is one of the efforts to maintain national oil and gas production, since oil and gas reserves can reach 70 percent compared to the normal way only 30 percent.

The reason is, without additional efforts or EOR activities, the current oil production of 800 thousand barrels per day (bpd) will continue to drop to 300 thousand bpd by 2025.

To that end, the government will encourage EOR activities by issuing ministerial regulations on guidance of EOR implementation on upstream oil and gas business activities. "So this Ministerial Regulation should be able to provide incentives that are still within the authority of the Ministry of Energy and Mineral Resources, in order for EOR to run," he said.

For the form of incentives, Wiratmaja is still under discussion. One of the incentives to be considered is the additional profit sharing (split) for oil and gas contractors. While the drafting of this regulation is still under discussion in the internal Directorate General of Oil and Gas. The plan, this Rule will apply both to existing contracts and new contracts.

IN INDONESIA

DEN Minta ESDM Kaji Peraturan Menteri EOR 

Dewan Energi Nasional (DEN) meminta Kementerian Energi dan Sumber Daya Mineral (ESDM) mengkaji kembali peraturan terkait kegiatan pengurasan tahap lanjut (enhanced oil recovery/EOR). Beleid EOR tersebut seharusnya mampu mendorong kegiatan agar lebih masif lagi. Anggota DEN Andang Bachtiar mengatakan regulasi tersebut akan diteken Menteri ESDM Ignasius Jonan itu pada bulan ini.

Hanya saja dia bilang naskah Peraturan Menteri ESDM itu belum seperti yang diharapkan. “Peraturan Menteri EOR sedang diajukan dan ingin ditandatangani Juni. Pada IPA Covex, didiskusikan ternyata Peraturan Menteri normative saja, tidak mengarah ke EOR yang diharapkan mengalir pada tahun 2020/2021,” kata Andang dalam acara diskusi Indonesian Petroleum Association (IPA) di Jakarta, Senin (12/ 6).

Andang tidak memaparkan naskah peraturan yang disebut normatif itu. Namun dia meminta Kementerian ESDM untuk mengundang asosiasi dalam rangka menyusun beleid tersebut. Menurutnya peraturan EOR ini memiliki arti penting dalam kegiatan migas. Dia berharap beleid tersebut segera terbit

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM I Gusti Nyoman Wiratmaja sebelumnya mengatakan migas masih menjadi sumber energi primer di Indonesia. EOR merupakan salah satu upaya untuk mempertahankan produksi migas nasional, karena cadangan migas yang diambil bisa mencapai 70 persen dibanding cara biasa hanya 30 persen.

Pasalnya, tanpa upaya-upaya tambahan atau kegiatan EOR, produksi minyak yang saat ini sebesar 800 ribu barel per hari (bph) akan terus turun menjadi 300 ribu bph pada 2025.

Untuk itu, pemerintah akan mendorong kegiatan EOR dengan menerbitkan peraturan menteri tentang pedoman pelaksanaan EOR pada kegiatan usaha hulu migas. “Jadi Peraturan Menteri ini bagaimana bisa memberikan insentif yang masih dalam kewenangan Kementerian ESDM, agar EOR berjalan,” katanya.

Untuk bentuk insentifnya, diakui Wiratmaja masih dalam pembahasan. Salah satu bentuk insentif yang dipertimbangkan yakni tambahan bagi hasil (split) bagi kontraktor migas. Sementara pembuatan peraturan ini masih dalam pembahasan di internal Direktorat Jenderal Migas. Rencananya, beleid ini akan berlaku baik untuk kontrak eksisting maupun kontrak baru.

Investor Daily, Page-9, Tuesday, June 13, 2017

Production Pertamina EP Asset 14 reaches 110

Oil and gas production of PT Pertamina EP Asset 4 in the first quarter of 2017 exceeded the target. Until May 31, 2017, the production of oil produced reached 14,357 BOPD or barrel per day. With that amount, Pertamina EP managed to realize the product up to 110 percent above the target of 12,255 barrels per day.

General Manager of PT Pertamina EP Asset 4, Didik Susilo said the production is produced from 4 Fields in Asset Region 4. Among others, Field Cepu in Central Java with production reaches 1,740 barrels per day and Field Poleng in East Java with production reaching 3,184 Barrels per day.

In addition, Pertamina EP Asset 4 also received additional production from Field Donggi Matindok with production reaching 265 barrels per day and Field Papua reached 1,057 barrels per day.

"Our production in the first quarter of 2017 exceeded the target and able to provide profit per April 2017 reached 28 million US dollars or equivalent to Rp 378 billion 14.5 percent of the total corporate income," said Didik. It is said this year the corporation also plans to conduct unitization of Tiung Biru Jambaran. This well is targeted to be onstream in the Year 2019. While the unitization of Sukowati Block is currently recorded to reach 8,111 barrels per day.

"We are committed to applying the principle of efficiency. In this period we managed to save the overall cost of about Rp 9 billion, "he said. Meanwhile, Public Goverment Relation and CSR Staff, PT Pertamina EP Field Poleng, Kikie Muhammad Rizqie revealed that in executing the company's Journey to 100,000 Barrels per day strategy, Pertamina EP asset 4 also conducts several activities to accelerate the operation of the well.

"Currently we are planning offshore drill at Poleng Field which is the first time in PT Pertamina EP and 2 drilling wells in Tapen Structure and Work Over Well Kedung Tuban. And the termination plan of Sukowati Block in 2018, "said Kikie.

IN INDONESIA

Produksi Pertamina EP Asset 14 Capai 110

Produksi rninyak dan gas PT Pertamina EP Asset 4 pada kuartal I/2017 berhasil melebihi target. Hingga 31 Mei 2017, produksi minyak yang dihasilkan mencapai 14.357 BOPD atau barel per hari. Dengan jumlah itu, Pertamina EP berhasil merealisasikan produk hingga 110 persen diatas target 12.255 barel per hari.

General Manager PT Pertamina EP Asset 4, Didik Susilo mengatakan, produksi tersebut dihasilkan dari 4 Field yang ada di Wilayah Asset 4. Di antaranya, Field Cepu di Jawa Tengah dengan produksi mencapai 1.740 Barel per hari dan Field Poleng di Jawa Timur dengan produksi mencapai 3.184 Barel per hari.

Selain itu, Pertamina EP Asset 4 juga mendapatkan tambahan produksi dari Field Donggi Matindok dengan produksi mencapai 265 Barel per hari dan Field Papua mencapai 1.057 Barel per hari.

“Produksinya kami pada kuartal I/2017 diatas target dan mampu memberikan profit per bulan April 2017 mencapai 28 juta dollar AS atau setara Rp 378 miliar 14,5 persen dari keseluruhan pendapatan korporasi,” kata Didik. Dikatakan tahun ini korporasi juga berencana akan melakukan unitisasi Jambaran Tiung Biru. Sumur ini ditargetkan akan onstream pada Tahun 2019. Sedangkan unitisasi dari Blok Sukowati saat ini tercatat mencapai 8.111 Barel per hari.

“Kami berkomitmen untuk menerapkan prinsip efisiensi. Pada periode ini kami berhasil menghemat biaya secara keseluruhan sekitar Rp 9 miliar,” katanya. Sementara itu, Public Goverment Relation and CSR Staf, PT Pertamina EP Field Poleng, Kikie Muhammad Rizqie mengungkapkan dalam menjalankan strategi perusahaan Journey to 100.000 Barel perhari, Pertamina EP asset 4 juga melakukan beberapa kegiatan percepatan operasi sumur.

“Saat ini kami sedang merencanakan bor offshore di Poleng Field yang merupakan pertama kalinya di PT Pertamina EP dan kegiatan 2 sumur bor di Struktur Tapen serta Work Over sumur Kedung Tuban. Serta rencana terminasi Blok Sukowati pada Tahun 2018,”kata Kikie.

Radar Gresik, Page-4, Tuesday, June 13, 2017

Three Industrial Sectors Gasoline Absorption Gas

The government began to determine the gas allocation of the Masela Block for industry. There are three potential industries that will absorb gas from Masela Block, namely fertilizer industry, methanol, and dimethyl ether.

"The development process of the Masela Block project is still contained due to the absence of certainty of Masela gas absorption that becomes part of the government. Later the certainty of gas allocation is to be used as a study of how much capacity can be determined, "said Minister of Industry (Menperin) Airlangga Hartato on the sidelines of the coordination meeting gas utilization Masela Block at the Coordinating Ministry of Maritime Affairs, Jakarta

The government is not in a hurry to execute the purchase of gas block allocation because there are several agreements to be discussed with contractors, such as price issues in the form of gas purchase agreements (PJBG) and industrial development sites. "Later depending on the price and delivery point, the time when? If the location depends on the factory location where, after that built complex, "he said.

On the same occasion, Director of Procurement State Electricity Company PT Iwan Supangkat said the government had asked PLN to review the electricity supply to build three industrial sectors that had been planned by the government. The demand for electricity supply for three industries is estimated to reach 300 megawatts (MW).

According to him, the electricity supply will be met from the steam gas power plant (PLTGU) in Masela. Meanwhile, the gas allocation will also be supplied from Masela gas, which amounts to an estimated 60 MMSCFD. "While there are 300 MW already planned from the Ministry of Industry, if the industry operates approximately 60 MMS CFD," he said.

Iwan added that the construction of PLTGU Masela will be included in the Power Supply Business Plan (RUPTL). Related development, Iwan said done by PLN with private developers.

"The possibility will be done in 2023. Later depending when completed construction of gas processing facilities in Masela," he said.

Previously, the government has issued a work order to Inpex Corporation to begin the initial design review of the Masela Block project implementation. The initial design work or pre-FEED Block Masela is done in one stage. 

    In this pre-FEED phase, Inpex examines options on the production capacity and location of the refinery development. Previously there were two location options for the Masela Block plant, Yamdena and Aru. Distance Masela Block with Yamdena Island 183 kilometers, while Aru is 512 km with the gas field.

If the pre-FEED has been completed with FEED then approved by the government into POD then done Final Investment Decision (FID) to Engineering Procurement and Construction (EPC).

IN INDONESIA

Tiga Sektor industri Serap Gas Masela  

Pemerintah mulai menentukan alokasi gas Blok Masela untuk industri. Terdapat tiga potensi industri yang akan menyerap gas dari Blok Masela, yakni industri pupuk, metanol, dan dimethyl ether.

”Proses pengembangan proyek Blok Masela masih tertahan karena belum adanya kepastian penyerapan gas Masela yang menjadi bagian dari pemerintah. Nantinya kepastian alokasi gas ini untuk dijadikan kajian seberapa besar kapasitas yang dapat ditetapkan,” ujar Menteri Perindustrian (Menperin) Airlangga Hartato di sela rapat koordinasi pemanfaatan gas Blok Masela di Kementerian Koordinator Bidang Kemaritiman, Jakarta

Pemerintah tidak terburu-buru mengeksekusi pembelian alokasi gas Blok Masela karena ada beberapa kesepakatan yang harus dibicarakan dengan kontraktor, seperti masalah harga dalam bentuk perjanjian jual beli gas (PJBG) dan lokasi pembangunan industri. ”Nanti tergantung dari harga dan delivery point, waktunya kapan? Kalau lokasi pabrik tergantung nanti titiknya ada di mana, setelah itu dibangun kompleksnya," tutur dia.

Pada kesempatan yang sama, Direktur Pengadaan PT Perusahaan Listrik Negara Iwan Supangkat mengatakan, pemerintah telah meminta PLN untuk mengkaji pasokan listrik untuk membangun tiga sektor industri yang telah direncanakan pemerintah tersebut. Kebutuhan pasokan listrik untuk tiga industri diperkirakan mencapai 300 megawatt (MW). 

Menurut dia, pasokan listrik akan dipenuhi dari pembangkit listrik tenaga gas uap (PLTGU) di Masela. Adapun, alokasi gasnya juga akan dipasok dari gas Masela, yang jumlahnya diperkirakan mencapai 60 MMSCFD. "Sementara ada 300 MW yang sudah direncanakan dari Kementerian Perindustrian. Kalau industri beroperasi kira-kira butuh 60 MMS CFD,” ujar dia. 

Iwan menambahkan pembangunan PLTGU Masela akan dimasukkan dalam Rencana Usaha Penyediaan Tenaga Listrik (RUPTL). Terkait pengembangan, Iwan mengatakan dilakukan oleh PLN bersama pengembang swasta.

”Kemungkinan akan dilakukan pada 2023. Nanti tergantung kapan selesai pembangunan fasilitas pengolahan gas di Masela,” tuturnya.

Sebelumnya pemerintah telah memberikan surat perintah kerja kepada Inpex Corporation untuk memulai kajian desain awal pelaksanaan proyek Blok Masela. Pengerjaan desain awal atau pre-FEED Blok Masela dilakukan dalam satu tahap. 

   Dalam tahapan pre-FEED ini, Inpex mengkaji berbagai opsi mengenai kapasitas produksi dan lokasi pembangunan kilang. Sebelumnya ada dua opsi lokasi untuk kilang Blok Masela yakni Yamdena dan Aru. Jarak Blok Masela dengan Pulau Yamdena 183 kilometer, sedangkan Aru berjarak 512 km dengan ladang gas tersebut. 

Apabila pre-FEED sudah selesai dilanjutkan dengan FEED kemudian disetujui pemerintah menjadi POD selanjutnya dilakukan Final Investment Decision (FID) sampai pada Engineering Procurement and Construction (EPC).

Koran Sindo, Page-8, Tuesday, June 13, 2017

Gas Priority to Domestic Gas Allocation

Related to Masela gas utilization, Coordinating Minister for Maritime Affairs Luhut B Panjaitan called on Ministry of Industry and Deputy Minister of Energy and Mineral Resources Arcandra Tahar on Monday (12/6). From the results of the meeting came the agreement about the allocation of gas allocations. Muhammad Khayam, Director of Upstream Chemical Industry at the Ministry of Industry, said the government will decide on gas allocation from Masela Block on Wednesday (14/6).

The allocation will be tailored to the industry that will build the plant around the Masela Block. Ministry of Industry noted that there are three industries PT PLN will get Masela gas of 60 mmscfd for PLTGU Masela. Who will definitely buy gas from the Masela Block.

They are Pupuk Indonesia, Kaltim Methanol Industri / Sojitz and Elsoro Multi Pratama. In addition, there is PT Perusahaan Listrik Negara (PLN) requesting a gas allocation of 60 mmscfd to build a PLTGU with a capacity of 300 megawatts. The PLTGU will supply electricity for the industry to be built around the Masela Block.

Meanwhile PT Pertamina canceled the gas allocation from Masela Block. Pertamina previously requested an allocation of 200 mmscfd. "Whereas we hope, Pertamina still take gas from the Masela Block to build petrochemicals," Khayam said on Monday (12/6).

With the buyer's composition, the largest gas allocation for Masela Block for domestic industries will be only 470 mmscfd. "It is already included for PLN," he said.

About the price of Masela gas price will be discussed later after the decision of gas allocation for domestic industry. Khayam said, if based on the formula, then Masela gas price should be US $ 5 -US $ 6 per mmbtu.

Vice President of Corporate Services of Inpex Corporation Nico Muhyiddin claimed not to know the allocation of gas for the domestic industry. Understandably, in a meeting on the Masela Block held on Monday (12/6) at the Coordinating Ministry of Marine Affairs, Inpex was not involved.

For that Nico said, whatever the decision, Inpex will still follow the letter from the Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan. The letter decided on a pre-feed of the Masela Block for a capacity of 9.5 metric tons per annum plus 150 mmscfd.

IN INDONESIA

Alokasi Gas Masela Prioritas ke Domestik

Terkait pemanfaatan gas Masela, Menteri Koordinator Bidang Maritim Luhut B Panjaitan memanggil Kementerian Perindustrian dan Wakil Menteri ESDM Arcandra Tahar pada Senin (12/6). Dari hasil rapat itu muncul kesepakatan soal pembagian alokasi gas. Muhammad Khayam, Direktur Industri Kimia Hulu Kementerian Perindustrian mengatakan pemerintah akan memutuskan alokasi gas dari Blok Masela pada Rabu (14/6).

Alokasi tersebut akan disesuaikan dengan industri yang akan membangun pabrik di sekitar Blok Masela. Kementerian Perindustrian mencatat, ada tiga industri PT PLN akan mendapat gas Masela sebesar 60 mmscfd untuk PLTGU Masela. yang sudah pasti akan membeli gas dari Blok Masela.

Mereka adalah Pupuk Indonesia, Kaltim Methanol Industri/Sojitz dan Elsoro Multi Pratama. Selain itu, ada PT Perusahaan Listrik Negara (PLN) yang meminta alokasi gas sebesar 60 mmscfd untuk membangun PLTGU berkapasitas 300 megawatt. PLTGU ini akan menyuplai listrik untuk industri yang akan dibangun di sekitar Blok Masela.

Sementara PT Pertamina batal meminta alokasi gas dari Blok Masela. Sebelumnya Pertamina meminta alokasi sebesar 200 mmscfd. "Padahal kami berharap, Pertamina tetap mengambil gas dari Blok Masela untuk membangun petrokimia," ujar Khayam pada Senin (12/6).

Dengan komposisi pembeli itu, alokasi gas untuk Blok Masela paling besar untuk industri dalam negeri hanya akan sebesar 470 mmscfd. "Itu sudah termasuk untuk PLN," ujarnya.

Soal harga harga gas Masela akan dibahas nanti setelah diputuskannya alokasi gas untuk industri dalam negeri. Khayam menyebutkan, jika berdasarkan formula, maka harga gas Masela seharusnya US$ 5 -US$ 6 per mmbtu. 

Vice President Corporate Service Inpex Corporation Nico Muhyiddin mengaku belum mengetahui alokasi gas untuk industri dalam negeri. Maklum saja, dalam rapat tentang Blok Masela yang digelar pada Senin (12/6) di Kementerian Koordinator bidang Kemaritiman tersebut, Inpex tidak dilibatkan.

Untuk itu Nico bilang, apapun keputusannya, Inpex akan tetap mengikuti surat dari Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan. Surat tersebut memutuskan pre feed Blok Masela untuk kapasitas 9,5 metrik ton per annum plus 150 mmscfd.

Kontan, Page-14, Tuesday, June 13, 2017

ESDM Offers 10 Blocks to Three Chinese Companies

The Ministry of Energy and Mineral Resources (ESDM) offers new oil and gas Working Areas (WK) that enter the auction this year to upstream oil and gas companies from China. The listed oil and gas companies are China National Offshore Oil Corporation (CNOOC), Petrochina and Sinopec.

Director of Upstream Oil and Gas Development of the Ministry of Energy and Mineral Resources, Tunggal said there are 10 oil and gas blocks that have been offered to CNOOC, Petrochina and Sinopec. "China's oil and gas company is studying the oil and gas block," he said.

The upstream oil and gas company from China also received an offer of Participating Interest in eight blocks of oil and gas termination. But the process through business to business with Pertamina as a business entity assigned by the government to manage the eight blocks termination. "Letter of the Minister is given to Pertamina Pertamina can partner to anyone, either with the existing contractor or other origin in a reasonable business," said Tunggal.

According to Tunggal, CNOOC has previously sent an extension proposal for the South East Sumatra Block. However, the block was actually assigned to Pertamina. If interested in managing the South East Sumatra Block, then CNOOC can send a letter of offer to Pertamina. "It was precisely yesterday requested, if interested immediately wrote to Pertamina" Said single.

IN INDONESIA

ESDM Menawarkan 10 Blok ke Tiga Perusahaan China

Kementerian Energi dan Sumber Daya Mineral (ESDM) menawarkan Wilayah kerja (WK) migas baru yang masuk lelang pada tahun ini kepada perusahaan hulu migas asal China. Perusahaan migas yang mendapat tawaran itu adalah China National Offshore Oil Corporation (CNOOC), Petrochina dan Sinopec.

Direktur Pembinaan Hulu Migas Kementerian ESDM, Tunggal mengungkapkan ada 10 blok migas yang telah ditawarkan kepada CNOOC, Petrochina, dan Sinopec. "Perusahaan migas China sedang mempelajari blok migas tersebut," katanya.

Perusahaan hulu Minyak dan Gas asal China tersebut juga mendapat tawaran memiliki Participating Interest di delapan blok migas terminasi. Namun prosesnya melalui business to business dengan Pertamina sebagai badan usaha yang ditugaskan oleh pemerintah untuk mengelola delapan blok terminasi tersebut. "Surat Menteri diberikan kepada Pertamina. Pertamina bisa bermitra kepada siapa saja, baik dengan kontraktor eksisting atau yang lain asal secara bisnis yang wajar," kata Tunggal.

Menurut Tunggal, CNOOC sebelumnya telah mengirirnkan proposal perpanjangan untuk Blok South East Sumatra. Namun ternyata blok tersebut justru ditugaskan ke Pertamina. Jika berminat mengelola Blok South East Sumatra, maka CNOOC bisa mengirimkan Surat penawaran ke Pertamina. "Justru kemarin diminta, kalau berminat segera menyurati Pertamina" kata Tunggal.

Kontan, Page-14, Tuesday, June 13, 2017

Potential Problems of Oil and Gas Import

Exploration Capacity Must Be Raised Triple

Indonesia will potentially face a number of problems if dependence on oil and gas imports is growing. Imports are hard to avoid as oil and gas consumption continues to grow, while domestic production continues to fall.

Therefore, it needs a breakthrough to reduce dependence on imports. It was raised in a discussion on "Implementing Indonesia's Energy Plan (RUEN): Status of Oil and Gas Exploration Update and Enchanced Oil Recovery" on Monday (12/6), in Jakarta. The discussions held by the Indonesian Petroleum Association (IPA) and Kompas daily featured members of the National Energy Board (DEN) Andang Bachtiar and Executive Director of ReforMiner Institute Komaidi Notonegoro. Andang who is abroad talking through long distance video.

Based on the National Energy General Plan document stipulated in Presidential Regulation No. 22 of 2017, Indonesia's crude oil demand in 2040 is projected 4.5 million barrels per day (BOPD). The domestic production is estimated at 600,000 BOPD.

The demand for natural gas in Indonesia in 2050 is estimated to be around 25,000 million standard cubic feet per day (MMSCFD), while domestic production in the same year is 5,000 MMSCFD. The difference between oil and gas needs must be met through import.

"Dependence on imports should be wary of. Oil and gas imports could potentially deplete Indonesia's foreign exchange reserves, "Komaidi said.

Tony Prasetiantono, one of the participants of the discussion, responded to the import will be more complicated if the price of crude oil rises. What will be the problem then is the issue of affordability. High purchase prices can reduce the ability of countries to get energy supplies.

"In addition to the affordability, high oil prices have the potential to bolster energy subsidies. In the past, when the price Oil 100 US dollars per barrel, energy subsidies of Rp 350 trillion per year, "said Tony

Exploration

Andang said, one solution to reduce the pressure of oil and gas imports Indonesia is to increase exploration capacity at least three times from now. Moreover, in RUEN it is asserted that the replacement ratio of petroleum reserves must be 100 percent by 2025. That is, the discovery of new oil reserves must be equal to every barrel of oil drained.

Director General of Oil and Gas at the Ministry of Energy and Mineral Resources I Gusti Nyoman Wiratmaja said the oil and gas industry is still considered important by the government. Although the country's revenues from the oil and gas sector have continued to decline in recent years, the double impact of the sector remains substantial for the national economy.

Separately, Corporate Affairs Director of PT Donggi-Senoro LNG Aditya Mandala said it has bagged a contract for delivering liquefied natural gas abroad by 2027. For 2017 alone, long-term contracts have 40 cargo of liquefied natural gas. However, do not rule out the liquefied natural gas sold to the domestic market if there is a need.

IN INDONESIA

Potensi Masalah Impor Migas

Kapasitas Eksplorasi Harus Dinaikkan Tiga Kali Lipat

Indonesia akan berpotensi menghadapi sejumlah masalah apabila ketergantungan pada impor minyak dan gas semakin besar. Impor sulit dihindari seiring terus membesarnya konsumsi minyak dan gas bumi, sedangkan produksi di dalam negeri terus turun.

Oleh karena itu, perlu terobosan untuk mengurangi ketergantungan pada impor. Demikian mengemuka dalam diskusi bertema ”Implementing Indonesia’s Energy Plan (RUEN): Status Update of Oil and Gas Exploration and Enchanced Oil Recovery”, Senin (12/6), di Jakarta. 

     Diskusi yang diselenggarakan Asosiasi Perminyakan Indonesia (IPA) dan harian Kompas ini menghadirkan nara sumber anggota Dewan Energi Nasional (DEN) Andang Bachtiar dan Direktur Eksekutif ReforMiner Institute Komaidi Notonegoro. Andang yang sedang di luar negeri berbicara melalui video jarak jauh.

Berdasar dokumen Rencana Umum Energi Nasional yang tertuang dalam Peraturan Presiden Nomor 22 Tahun 2017, kebutuhan minyak mentah Indonesia pada 2040 diproyeksikan 4,5 juta barrel per hari (BOPD). Adapun produksi dalam negeri diperkirakan 600.000 BOPD.

Kebutuhan gas bumi di Indonesia pada 2050 diperkirakan sekitar 25.000 juta standar kaki kubik per hari (MMSCFD), sedangkan produksi dalam negeri di tahun yang sama 5.000 MMSCFD. Selisih kebutuhan minyak dan gas tersebut harus dipenuhi melalui impor.

”Ketergantungan terhadap impor harus diwaspadai. Impor migas yang membesar berpotensi bisa menghabiskan cadangan devisa Indonesia,” ujar Komaidi.

Tony Prasetiantono, salah satu peserta diskusi, menanggapi impor akan semakin pelik apabila harga minyak mentah naik. Yang akan menjadi persoalan kemudian adalah masalah keterjangkauan. Harga beli yang tinggi dapat mengurangi kemampuan negara mendapatkan pasokan energi.

”Selain soal keterjangkauan, harga minyak yang tinggi berpotensi membengkakkan subsidi energi. Pada masa lalu, saat harga minyak 100 dollar AS per barrel, subsidi energi Rp 350 triliun per tahun,” ucap Tony

Eksplorasi

Andang mengatakan, salah satu solusi mengurangi tekanan impor migas Indonesia adalah dengan meningkatkan kapasitas eksplorasi sedikitnya tiga kali lipat dari sekarang. Apalagi, dalam RUEN ditegaskan rasio penggantian cadangan minyak bumi harus 100 persen pada 2025. Artinya, penemuan cadangan minyak yang baru harus setara dengan setiap barrel minyak yang dikuras.

Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Minaral I Gusti Nyoman Wiratmaja mengatakan, industri migas tetap dipandang penting oleh pemerintah. Meskipun penerimaan negara dari sektor migas terus turun dalam beberap tahun terakhir dampak ganda sektor ini masih sangat besar bagi perekonomian nasional.

Secara terpisah, Corporate Affairs Director PT Donggi-Senoro LNG Aditya Mandala mengatakan pihaknya telah mengantongi kontrak pengiriman gas alam cair ke luar negeri hingga 2027. Untuk 2017 saja, yang telah terkontrak jangka panjang ada 40 kargo gas alam cair. Namun, tidak menutup kemungkinan gas alam cair dijual ke pasar dalam negeri jika ada yang memerlukan.

Kompas, Page-18, Tuesday, June 13, 2017

Gas Price Not Fix

The government still has homework to immediately unify revenue among stakeholders in formulating the price of gas produced by Masela Maluku Block. The utilization of the Masela Block gas field requires the existence of an integration industry such as petrochemicals. However, the certainty of the price becomes an expected thing for industry players to continue the investment plan in the gas field.

In a coordination meeting held at the Coordinating Ministry of Maritime Affairs on Monday (1/2), the Ministry of Industry confirmed three companies would build a gas-based petrochemical plant in the Masela Block. They are Pupuk Indonesia, Elsoro Multi Prima, and Sojitz Indonesia. The total requirement for the three reached 474 MMscfd, with the details being Pupuk Indonesia got 214 MMscfd allocation, Elsoro 160 MMscfd, and Sojitz at 100 MMscfd.

The Coordination Meeting also mentioned the gas price quote of US $ 5.86 per MMbtu, above the industry proposal requesting a maximum gas price of US $ 3, S per MMbtu. Minister of Industry Airlangga Hartarto said the government has so far not set up a time scheme for the establishment of a plant from Masela gas exploration. Later, the factory location will adjust to the delivery point in the complex.

"When it comes to gas from Masela to the industry, buyer commitment certainly depends on the price. After that we will discuss PJBG [gas purchase agreement], "said Airlangga.

The Director General of Chemical, Textile and Multifarious Industries (IKTA) of the Ministry of Industry, Achmad Sigit Dwiwarjono, confirmed that the government will collect the commitment of investors after the gas price determination. Currently, Indonesia still imports almost half the raw material of petrochemical industry whose value per year reaches an average of US $ 10 billion

The petrochemical industry is a supplier of raw materials from many sectors such as plastics, textiles, paints, cosmetics, and pharmaceuticals. Until now Indonesia has only petrochemical-based naphtha or oil producers.

Meanwhile, President Director of PT Pupuk Indonesia Aas Asikin will expect to get gas price of US $ 3 per MMBtu. "The point is we want floor price of about US $ 3 per MMBtu. But if we can not, maybe we keep abreast with the record of increasing the price of the product, "said Aas.

Secretary General of Indonesian Plastic and Olefin Industry Association (lnaplas) Fajar Budiyono said that gas price above US $ 5 per MMscfd is less attractive to investors. According to Dawn, it takes a more detailed calculation to get an IRR (internal rate of return) that is appropriate and attractive to investors.

"Probably a maximum of US $ 3.5 per MMbtu to get an IRR at 12.5% ​​and we count it for 25 years. If the gas price is US $ 5.86, the time period should be backed up. Is the gas still available for 25 years 30 years? "Said Fajar Budiyono.

Meanwhile, the management of Inpex Masela Limited as the operator of Masela Block, which controls the participation stake of 65%, has not been able to determine the selling price of gas pipeline and LNG as it awaits the study to be completed.

WAIT STUDY

Vice President of Corporate Services Inpex Nico Muhyiddin explains detailed calculations from the economic and economic aspects obtained at the front end engineering design (FEED) stage which will formulate the plan of development (PoD). "It'll be a long time. Wait for this study process is complete, "he said.

Director General of Oil and Gas at the Ministry of ESDM IGN Wiratmaja Puja said Masela gas utilization is still being discussed. On the other hand, PLN also proposed an allocation of 60 MMscfd for the construction of a power plant with a capacity of 300 megawatts (MW)

IN INDONESIA

Harga Gas Belum Pas

Pemerintah masih mempunyai pekerjaan rumah untuk segera menyatukan pendapatan antara pemangku kepentingan dalam merumuskan besaran harga gas hasil produksi Blok Masela Maluku. Pemanfaatan Iadang gas Blok Masela membutuhkan keberadaan industri integrasi seperti petrokimia. Namun, kepastian harga menjadi hal yang diharapkan pelaku industri untuk meneruskan rencana investasi di ladang gas tersebut.

Dalam rapat koordinasi yang digelar di Kantor Kementerian Koordinator bidang Kemaritiman, Senin (I2/6), Kementerian Perindustrian memastikan tiga perusahaan akan membangun pabrik petrokimia berbasis gas di Blok Masela. Mereka adalah Pupuk Indonesia, Elsoro Multi Prima, dan Sojitz Indonesia. Total kebutuhan untuk ketiganya mencapai 474 MMscfd, dengan perinciannya adalah Pupuk Indonesia mendapat alokasi 214 MMscfd, Elsoro 160 MMscfd, dan Sojitz sebesar 100 MMscfd.

Rapat Koordinasi juga menyinggung mengenai penawaran harga gas sebesar US$5,86 per MMbtu, di atas usulan industri yang meminta harga gas maksimal US$3,S per MMbtu. Menteri Perindustrian Airlangga Hartarto menyebutkan pemerintah sejauh ini belum menyusun skema waktu untuk pendirian pabrik dari eksplorasi gas Masela. Nantinya, Iokasi pabrik akan menyesuaikan dengan delivery point di kompleks tersebut.

“Kalau bicara mengenai gas dari Masela untuk industri, komitmen pembeli tentu tergantung pada harga. Setelah itu nanti akan kami bicarakan PJBG [perjanjian jual beli gas]," kata Airlangga.

Dirjen Industri Kimia, Tekstil, dan Aneka (IKTA) Kementerian Perindustrian Achmad Sigit Dwiwarjono memastikan bahwa pemerintah akan menagih komitmen para investor setelah penetapan harga gas. Saat ini, Indonesia masih mengimpor nyaris setengah bahan baku industri petrokimia yang nilainya per tahun mencapai rata-rata US$ 10 miliar

Padahal industri petrokimia merupakan pemasok bahan baku dari banyak sektor seperti plastik, tekstil, cat, kosmetika, dan farmasi. Sampai saat Indonesia hanya memiliki produsen petrokimia berbasis nafta atau minyak.

Sementara itu, Direktur Utama PT Pupuk Indonesia Aas Asikin ldat berekspektasi mendapatkan harga gas senilai US$3 per MMbtu. “Intinya kami tentu ingin floor price-nya sekitar US$3 per MMbtu. Tetapi bila tidak bisa, mungkin kami tetap mengikuti dengan catatan menaikkan harga produk,” ujar Aas.

Sekjen Asosiasi Industri Plastik dan Olefin Indonesia (lnaplas) Fajar Budiyono menilai harga gas di atas US$5 per MMscfd kurang menarik bagi investor. Menurut Fajar, perlu perhitungan yang lebih detail untuk mendapatkan IRR (internal rate of return) yang sesuai dan menarik bagi investor.

“Mungkin maksimal di US$3,5 per MMbtu untuk dapat IRR di 12,5% dan kami menghitungnya untuk 25 tahun. Kalau harga gasnya US$5,86, jangka waktunya harus mundur. Apakah gasnya masih tersedia untuk 25 tahun 30 tahun?” kata Fajar.

Sementara itu, manajemen Inpex Masela Limited sebagai operator Blok Masela yang menguasai saham partisipasi sebesar 65 %, belum bisa menetapkan harga jual gas pipa maupun LNG karena harus menanti kajian selesai.

TUNGGU STUDI

Vice President Corporate Services Inpex Nico Muhyiddin menjelaskan perhitungan secara detail dari sisi keteknisan dan keekonomian diperoleh pada tahap desain detail proyek atau (front end engineering design/FEED) yang akan memformulasikan rencana pengembangan lapangan (plan of development/PoD). “Nanti masih lama. Tunggu proses studi ini selesai,” ujarnya.

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM IGN Wiratmaja Puja mengatakan pemanfaatan gas Masela masih terus dibahas. Di sisi lain, PLN pun mengajukan alokasi 60 MMscfd untuk pembangunan pembangkit listrlk dengan kapasitas 300 megawatt (MW)

Bisnis Indonesia, Page-1, Tuesday, June 13, 2017