Attaka & East Kal Auctioned One Package

The government not only auction East Kalimantan Block (East Kal), but also Attaka Block because of oil and gas production from both work areas.

Director of Upstream Oil and Gas Business Development at the Ministry of Energy and Mineral Resources (ESDM) Tunggal said that with the scheme of managing two oil and gas fields together, the government must auction both blocks because the processing of their products is united. Therefore, he said, if PT Pertamina will return East Kalimantan Block, it can not be returned without the Attaka Block.

"East Kalimantan and Attaka are unitisasi [merger of two blocks], the production is not separated," he said in the Mining event and Energy at JW Marriott Hotel, Wednesday (27/9).

East Kalimantan and Attaka blocks have previously been assigned to be managed by Pertamina using a gross split contract on its new contract.

In 2016, Chevron Indonesia Company as operator of the East Kalimantan Block has stated it will not renew the contract. Meanwhile, in the Attaka Block, Inex and Chevron, each holding a 50% interest in participation, did not want to manage the block after the contract expired.

On the other hand, Pertamina often mentions that the management of the East Kalimantan Block is burdened with post-mining or abandonment and site restoration (ASR) expenses.

For auction the two work areas are special. After Pertamina declared that officially its stance on both work areas and ESDM Minister Ignatius Jonan has also received an official statement from Pertamina that the auction possible to do.

"Special auction, the special auction does not have to wait next year, if it's returned, prepare the data, announce it, then process."

Upstream Director of Pertamina Syamsu Alam said that the two blocks are indeed difficult to manage. Because the economy is too low field so the company chose to restore the two blocks.

"We think the two blocks are economically heavy for us to manage."

IN INDONESIA

Attaka & East Kal Dilelang Satu Paket

Pemerintah tidak hanya melelang Blok East Kalimantan (East Kal), tetapi juga Blok Attaka karena hasil produksi minyak dan gas bumi dari kedua wilayah kerja tersebut.

Direktur Pembinaan Usaha Hulu Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM) Tunggal mengatakan bahwa dengan skema pengelolaan dua lapangan migas secara bersama-sama, pemerintah harus melelang kedua blok itu karena pemrosesan hasil produksinya disatukan. Oleh karena itu, dia menyebut, bila PT Pertamina akan mengembalikan Blok East Kalimantan, tidak mungkin dikembalikan tanpa Blok Attaka.  

“East Kalimantan dan Attaka itu unitisasi [penggabungan dua blok], produksinya tidak dipisah,” ujarnya dalam acara Pertambangan dan Energi di Hotel JW Marriott, Rabu (27/9).

Blok East Kalimantan dan Attaka sebelumnya telah ditugaskan agar dikelola Pertamina dengan menggunakan kontrak bagi hasil kotor (gross split) pada kontrak barunya.

Pada 2016, Chevron Indonesia Company sebagai operator Blok East Kalimantan telah menyatakan tidak akan memperpanjang kontrak. Sementara itu, pada Blok Attaka, lnpex dan Chevron yang masing-lnasing menguasai 50% saham partisipasi pun tidak ingin mengelola blok itu setelah kontrak berakhir.

Di sisi lain, Pertamina sering menyebut bahwa pengelolaan Blok East Kalimantan terbebani biaya kewajiban pascatambang atau abandonment and site restoration (ASR).

Untuk lelang kedua wilayah kerja tersebut bersifat khusus. Setelah Pertamina menyatakan bahwa secara resmi sikapnya terhadap kedua wilayah kerja itu dan Menteri ESDM Ignasius Jonan juga telah menerima pernyataan resmi dari Pertamina bahwa lelang bisa dilakukan. 

"Lelang khusus, lelang khusus itu tidak perlu menunggu tahun depan. Kalau memang itu dikembalikan, siapkan datanya, umumkan, lalu proses."

Direktur Hulu Pertamina Syamsu Alam mengatakan bahwa dua blok tersebut memang sulit untuk dikelola. Pasalnya, keekonomian lapangan terlalu rendah sehingga perseroan memilih untuk mengembalikan kedua blok tersebut. 

“Menurut kita, dua blok tersebut yang secara keekonomian berat untuk kita kelola." 

Bisnis Indonesia, Page-28, Thursday, Sept 28, 2017

Govt and investors don’t see eye-to-eye on gross-split taxation

A government regulation (PP) intended to manage taxation under the newly-introduced gross split scheme seems to be in a deadlock, due to a disagreement between the government and investors.

Deputy Finance Minister Mardiasmo confirmed that the disagreement was largely regarding whether contractors should be forced to pay taxes during an oil and gas block’s exploitation period, especially as it has become a cash cow. 

While both sides have agreed to implement a capital loss carryover during exploration widely known as being high risk and needing large amounts of investment, the Indonesian Petroleum Association (IPA) has demanded a tax exemption during production.

“If they [contractors] have started making a profit and are becoming rich, then they should start paying value-added tax and property tax. This is something we still need to find a compromise for,” Mardiasmo told reporters on the sidelines of the 2017 Mining and Energy Expo in Jakarta on Tuesday

The gross-split production sharing scheme (PSC) was introduced earlier this year to slowly phase out the current cost recovery scheme - which makes it compulsory for the government to reimburse contractors’ exploration and exploitation activities. 

While it has since been revised to accommodate investor concerns, many have remained hesitant toward the gross-split scheme due to a lack of clarity on the taxation mechanism.

The government has disclosed that the upcoming PP would largely be similar to Government regulation (PP) No. 27/2017 on taxation under cost recovery which provides the minister with the authority to determine the sliding scale split in a cooperation contract and scrap the domestic market obligation (DMO) for investors with an approval from the Finance Minister, as well as detailed fiscal incentives. 

Moreover, Mardiasmo also confirmed that income tax would be cut to 25 percent from the initial 35 percent. Meanwhile, the ReforMiner Institute recently issued a report containing its simulation of the option to tax gross revenue under the gross-split scheme, in comparison to the current taxable income system.

Based on PteforMiner’s simulation, implementing tax on gross revenue caused the oil and gas block’s net present value (NPV) to decrease by 40 percent for every 1 percent hike in taxes. In comparison, using the current tax system would only cause it to decrease by 28 percent.

Furthermore, taxing gross revenue would also cause the internal rate of return (IRR) to decrease by a whopping 0.49 percent, in comparison to 0.09 percent using the taxable income scheme.

“Based on the comparison, a normal taxation system would give a healthier cash How because the level of sensitivity is much smaller, meaning that it will produce better results and tax rates,” the report stated. 

“This is important to ensure an enticing project and also the longevity of the oil and gas industry during a period of unstable oil prices and a change in Indonesia’s fiscal system.”

The recent revision of the gross-split regulation and its subsequent effect on the upcoming Government regulation (PP) on taxation has forced the Energy and Mineral Resources Ministry to once again postpone the deadline until November for the oil and gas blocks it has put on auction this year.

The ministry has put up 15 oil and gas blocks this year, all under the gross-split scheme. “[Investors] have asked us to be clear on taxation before they are willing to resubmit their bids for the blocks they wish to operate,” Deputy Energy and Mineral Resources Minister Arcandra Tahar said.

The gross-split scheme was initially established to entice more investors to Indonesia’s upstream sector, in addition to unburdening the government’s coffers.  In 2015, the government found no suitable winners for all 11 blocks it had put on auction that year. This is in stark contrast to the 2012-2014 period when there were 89 winners in auctions for a total of 50 blocks.

Separately, IPA executive director Marjolijn declined to confirm the contents of the association’s discussion with the government on the issue of taxation. “We cannot speak about it publicly since we are still discussing the details,” she said.

Jakarta Post, Page-19, Wednesday, Sept 27, 2017

Bojonegoro will get DBH Oil Rp 200 Billion

The government of Bojonegoro regency, East Java, will get Rp 200 billion for the third quarter (DBH) of oil and gas revenue, lower than the target set at Rp225 billion due to the new regulation of the Ministry of Finance.

Head of Bojonegoro Regency Revenue Agency, Herry Sudjarwo, in Bojonegoro, Tuesday, explained that according to Finance Minister Decree Noi 112 year 2017 for oil and gas DBH with 80 percent ceiling is reduced to 70 percent. In the region, the target for the acquisition of the third quarter of the oil and gas projection is projected at Rp 225 billion, therefore, due to the new PMK, the gain is only around Rp200 billion.

"The Ministry of Finance will transfer DBH oil and gas in the third quarter next week," he added. He further explained that according to Presidential Regulation (Perpres) no. 2016 on the translation of APBN 2017 for oil and gas DBH in the region is projected to Rp 903.3 billion. However, in Presidential Regulation no. 86 of 2017 on the translation of APBN 2017 changes in the amount of DBH acquisition the oil and gas sector was raised to Rp1,035 trillion, but in the distribution of oil and gas DBH decreased to only 70 percent.

"Yes DBH oil and gas in the APBN Changes rise, but the ceiling is lowered yes the same no change," he said.

He gave an illustration of the increase of oil and gas DBH in the Revised State Budget because of the influence of the increase in oil production in the region so that to Rp 1.035 trillion is no different from before. In the new provision of oil and gas DBH disbursement with 70 percent ceiling, the amount of oil and gas DBH is only Rp 724 billion, whereas the projected oil and gas DBH of Rp 903.3 billion with the ceiling of 80 percent acquisition of oil and gas DBH Rp 722 billion.

"Not to mention the acquisition of oil and gas DBH should be cut by Rp 147 billion (quarter I) due to the excess of saliva remaining in 2015 amounting to Rp 549.5 billion," he said.

IN INDONESIA

Bojonegoro akan  Peroleh DBH Migas Rp 200 Miliar

Pemerintah Kabupaten (Pemkab) Bojonegoro, Jawa Timur, akan memperoleh dana bagi hasil (DBH) migas triwulan III sekitar Rp 200 miliar, lebih rendah dari target yang ditetapkan sebesar Rp225 miliar karena ada ketentuan baru Kementerian Keuangan.

Kepala Badan Pendapatan Daerah Pemkab Bojonegoro Herry Sudjarwo, di Bojonegoro, Selasa, menjelaskan sesuai Peraturan Menteri Keuangan (PMK) Noi 112 tahun 2017 untuk DBH migas dengan pagu 80 persen diturunkan menjadi 70 persen. Di daerahnya, target perolehan DBH migas triwulan III diproyeksikan sebesar Rp 225 miliar, sehingga karena adanya PMK yang baru itu maka perolehan turun hanya sekitar Rp200 miliar.

“Kementerian Keuangan akan mentrasfer DBH migas triwulan III pekan depan,” ucapnya menambahkan. Lebih lanjut ia menjelaskan sesuai Peraturan Presiden (Perpres) No. 2016 tentang penjabaran APBN 2017 untuk DBH migas di daerahnya diproyeksikan sebesar Rp 903,3 miliar. Namun dalam Perpres No. 86 tahun 2017 tentang penjabaran APBN Perubahan 2017 besarnya perolehan DBH

migas daerahnya dinaikkan menjadi Rp1,035 triliun, tetapi dalam penyaluran DBH migas diturunkan menjadi hanya 70 persen.

“Ya DBH migas di dalam APBN Perubahan naik, tetapi pagu diturunkan ya sama saja tidak ada perubahan,” ujarnya.

Ia memberikan gambaran adanya kenaikan DBH migas di dalam APBN Perubahan karena pengaruh kenaikan produksi minyak di daerahnya sehingga menjadi Rp 1,035 triliun tidak ada bedanya dengan sebelumnya. Di dalam ketentuan yang baru penyaluran DBH migas dengan pagu 70 persen maka besarnya perolehan DBH migas hanya Rp 724 miliar, padahal proyeksi DBH migas Rp 903,3 miliar dengan pagu 80 persen perolehan DBH migas Rp 722 miliar. 

“Belum lagi perolehan DBH migas harus dipotong Rp 147 miliar (triwulan I) karena adanya kelebihan sisa salur pada 2015 sebesar Rp 549,5 miliar,” ucapnya.

Investor Daily, Page-23, Wednesday, Sept 27, 2017

Gross Split Oil and Gas Still Negotiable

The government continues to draft a regulation on tax schemes in a share-sharing contract for gross splits. Understandably, oil and gas contractors waiting for this tax regulation are highly anticipated oil and gas contractors. In order for this rule to be published soon, Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar continues to ask the Ministry of Finance to issue a regulation on gross split tax.

Mardiasmo, Deputy Ministry of Finance, states, will make the rules that adopt Government Regulation No. 27/2017. That way, the government will not impose taxes during the exploration period. 

    While in times of exploitation, the government will only impose tax when it has reached the economic period. This means that when the initial production period, the contractors do not pay indirect tax such as Value Added Tax (VAT). However, the draft regulation is still contrary to the investor's proposal regarding gross split tax.

Mardiasmo stated, investors want during the period of exploration and exploitation is not taxable. He explained that the government still wants to impose taxes during the exploitation period, but only when the company has reached the project economy.

"If forever all projects are not subject to VAT and PBB, other taxes, this is looking for a solution," he explained, Tuesday (26/9).

In addition to asking for tax freedom, Mardiasmo said investors also asked not to get lost carry forward scheme. "This is not cost recovery, but it could be tax deducted, can be deducted," he said.

IN INDONESIA

Pajak Gross Split Migas Masih Dinegosiasi

Pemerintah terus merancang peraturan mengenai skema pajak dalam kontrak bagi hasil gross split. Maklum, kontraktor minyak dan gas saat menanti peraturan pajak ini sangat dinanti kontraktor migas. Supaya aturan ini bisa segera terbit, Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar terus meminta Kementerian Keuangan segera menerbitkan peraturan soal pajak gross split.

Mardiasmo, Wakil Kementerian Keuangan, menyatakan, akan membuat aturan yang mengadopsi Peraturan Pemerintah Nomor 27/2017. Dengan begitu, pemerintah tidak akan mengenakan pajak selama masa eksplorasi. Sementara di masa eksploitasi, pemerintah hanya akan mengenakan pajak ketika sudah mencapai masa keekonomian. 

    Ini berarti ketika masa awal produksi, para kontraktor tidak membayar indirect tax seperti Pajak Pertambahan Nilai (PPN). Namun rancangan peraturan tersebut masih bertentangan dengan usulan investor terkait pajak gross split. 

Mardiasmo menyatakan, investor ingin selama masa eksplorasi dan eksploitasi tidak terkena pajak. Dia menjelaskan, pemerintah tetap ingin mengenakan pajak selama masa eksploitasi, tapi hanya ketika perusahaan sudah mencapai keekonomian proyek. 

"Kalau selamanya semua proyek tidak dikenakan PPN dan PBB, tax lainnya, ini sedang mencari solusi," jelasnya, Selasa (26/9).

Selain meminta kebebasan pajak, Mardiasmo menyebut investor juga meminta tidak terkena skema lost carry forward. "Ini bukan cost recovery, tapi bisa jadi tax deducted, bisa dikurangkan,“ katanya.

Kontan, Page-18, Wednesday, Sept 27, 2017

New Scheme Will Be Published in October

Tax incentive schemes for upstream oil and gas investments with the gross split regime are due for release in October. This scheme is expected to be an incentive to encourage investment in upstream oil and gas business. Deputy Finance Minister Mardiasmo said here on Tuesday that the draft government regulation governing investment provisions in the upstream oil and gas business with the gross split regime or profit sharing is expected to be completed and published in October.

Previously, the government has issued Government Regulation No. 27 of 2017 on Amendment to Government Regulation Number 79 of 2010 on Refundable Operating Costs and the Treatment of Income Tax in Upstream Oil and Gas Business. This applies to old investors who have been investing in a product sharing contract with cost recovery or recovery costs as one of its components.

In an interactive discussion on Mining and Energy Expo 2012 Mardiasmo said some articles on Government Regulation No. 27/2017 are not suitable for the gross split regime applied to potential investors. Therefore, new regulations are prepared. His spirit, referring to Government Regulation No 27/2017, in exploration, the government exempts import duties, Income Tax, Import Value Added Tax (VAT), Domestic VAT, and Land and Building Tax.

"But there's still work for loss carry forward. If the pre-vailing model using the rule of law, can only be applied for the next five years. While the exploration is more than five years. We are looking for a solution, "said Mardiasmo.

Separately, Deputy Minister of Energy and Mineral Resources Arcandra Tahar welcomed the progress of the preparation of the rules. He hopes the results can effectively encourage investment in upstream oil and gas.

"I am optimistic with the Ministry of Finance. We have an intensive discussion "said Arcandra.

IN INDONESIA

Skema Baru Akan Terbit pada Oktober

Skema insentif pajak untuk investasi di hulu minyak dan gas bumi dengan rezim gross split direncanakan terbit Oktober. Skema ini diharapkan jadi insentif untuk mendorong investasi di usaha hulu minyak dan gas bumi. Wakil Menteri Keuangan Mardiasmo di Jakarta, Selasa (26/9), mengatakan, rancangan peraturan pemerintah yang mengatur ketentuan investasi di usaha hulu migas dengan rezim gross split atau bagi hasil ini diharapkan selesai dan terbit pada Oktober.

Sebelumnya, pemerintah telah menerbitkan Peraturan Pemerintah (PP) Nomor 27 Tahun 2017 tentang Perubahan terhadap Peraturan Pemerintah Nomor 79 Tahun 2010 tentang Biaya Operasi yang Dapat Dikembalikan dan Perlakuan Pajak Penghasilan di Bidang Usaha Hulu Minyak dan Gas Bumi. Ini berlaku untuk investor lama yang selama ini berinvestasi dengan kontrak bagi hasil (product sharing contract) dengan cost recovery atau biaya pemulihan sebagai salah satu komponennya.

Dalam diskusi interaktif pada Pertambangan dan Energi Expo 2012 Mardiasmo mengatakan, beberapa pasal pada Peraturan Pemerintah No 27/2017 tidak cocok untuk rezim gross split yang diterapkan untuk calon investor. Karena itu, disiapkan peraturan yang baru. Semangatnya, mengacu pada Peraturan Pemerintah No 27/2017, dalam eksplorasi, pemerintah membebaskan bea masuk, Pajak Penghasilan, Pajak Pertambahan Nilai (PPN) impor, PPN dalam negeri, serta Pajak Bumi dan Bangunan.

”Tapi masih ada pekerjaan rumah untuk loss carry forward. Kalau model pre-vailing dengan menggunakan aturan undang-undang, hanya bisa diterapkan untuk lima tahun ke depan. Sementara eksplorasi Iebih dari lima tahun. Ini sedang kita cari solusinya,” kata Mardiasmo.

Secara terpisah, Wakil Menteri Energi dan Sumber Daya Mineral Arcandra Tahar menyambut baik perkembangan penyiapan aturan itu. Ia berharap hasilnya bisa efektif mendorong investasi di hulu migas. 

”Saya optimistis dengan Kementerian Keuangan. Kami berdiskusi dengan intensif” kata Arcandra.

Kompas, Page-20, Wednesday, Sept 27, 2017

PGN Asks Gas Allocation from Pertamina

PT Perusahaan Gas Negara hopes to get gas supply from Jambaran-Tiung Biru Field, Cepu Block about 60 million cubic feet per day. President Director of Perusahaan Gas Negara Joni Triananda Hasjim admitted that his party has expressed his desire to absorb gas from the Jambaran-Tiung Biru field to the Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan.

He hopes to get 50 million cubic feet of gas per day (MMscfd) up to 60 MMscfd which will be distributed to industrial, household, commercial, and transportation consumers. The company has a gas distribution network in Gresik, Probolinggo, Mojokerto, and Surabaya.

"Our hope is 50, 60 [MMscfd] we are ready because our network exists from Gresik to Probolinggo, Mojokerto to Surabaya. In terms of infrastructure, we are ready in addition to electricity, "he said, Monday (25/9).

He considered that the gas allocation from the gas field located in Bojonegoro, East Java could increase PGN gas distribution in East Java. The first gas production projection operated by PT Pertamina EP Cepu was in 2021, in line with the increasing demand for gas in East Java and could be an opportunity to increase gas distribution.

PGN is working on the Gresik-Lamongan-Tuban gas pipeline project and its network in Pasuruan. According to him, the construction of pipeline infrastructure must be built first without having to wait for the emergence of gas demand. The reason, there is a gap of about 5 years between infrastructure development and the growth of the market.

For example, on the South Sumatra West Java (SSWJ) pipeline project, new gas consumers emerge 4 ~ 5 years after the pipeline is built. In the first semester of 2017, PGN has a PGN gas pipeline infrastructure of 7.337 km or an increase of 1.7% compared to the achievement in the first semester of 2010/2012 along 7,212 km.

PGN supplies natural gas to 1,659 large industries and power plants, 1,928 commercial customers such as hotels, restaurants, hospitals and small and medium enterprises (SMEs) as well as 170,094 household customers spread across North Kalimantan and Papua. From those customers, during the period of January-June 2017, PGN managed natural gas of 1,470 MMscfd down compared to the same period last year 1,613 MMscfd.

In detail, the volume of distribution gas is 749 MMscfd and transmission of 721 MMscfd contributed by PGN and its subsidiaries PT Transportasi Gas Indonesia (TGI) and PT Kalimantan Jawa Gas (KJG). Jobi assessed that the government needs infrastructure in many areas either in the form of gas pipeline or storage and regasification facilities.

In addition to pipes, the company manages and distributes natural gas for transportation to 10 gas refueling stations (SPBG) and four mobile refueling units (MRU). President Director of PT Pertamina Elia Massa Manik said that Pertamina through its subsidiary, PT Pertamina Gas (Pertagas), is completing the construction of 267 km of Gresik-Semarang gas transmission line. Physical construction has now reached 85%.

IN INDONESIA

PGN Minta Alokasi Gas dari Pertamina

PT Perusahaan Gas Negara berharap agar bisa mendapatkan pasokan gas dari Lapangan Jambaran-Tiung Biru, Blok Cepu sekitar 60 juta kaki kubik per hari. Direktur Utama Perusahaan Gas Negara Jobi Triananda Hasjim mengaku bahwa pihaknya telah menyampaikan keinginannya untuk menyerap gas dari Lapangan Jambaran-Tiung Biru kepada Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan.

Dia berharap agar bisa mendapatkan gas sebanyak 50 juta kaki kubik per hari (MMscfd) hingga 60 MMscfd yang akan didistribusikan kepada konsumen industri, rumah tangga, komersial hingga transportasi. Pasalnya, perseroan telah memiliki jaringan distribusi gas di Gresik, Probolinggo, Mojokerto, dan Surabaya.

“Harapan kita ya 50, 60 [MMscfd] kita siap karena jaringan kita ada dari Gresik sampai Probolinggo, Mojokerto ke Surabaya. Dari sisi infrastruktur, kita siap selain untuk listrik ya,” ujarnya, Senin (25/9).

Dia menilai bahwa alokasi gas dari lapangan gas yang berlokasi di Bojonegoro, Jawa Timur itu bisa menambah penyaluran gas PGN di Jawa Timur. Proyeksi produksi pertama lapangan gas yang dioperasikan oleh PT pertamina EP Cepu itu pada 2021, sejalan dengan kebutuhan gas di Jawa Timur yang sudah naik dan bisa menjadi peluang peningkatan distribusi gas.

PGN sedang mengerjakan proyek pengembangan pipa gas Gresik-Lamongan-Tuban dan jaringan di Pasuruan. Menurutnya, pembangunan infrastruktur pipa harus dibangun lebih dulu tanpa harus menanti munculnya permintaan gas. Alasannya, terdapat jeda sekitar 5 tahun antara pembangunan infrastruktur dan tumbuhnya pasar. 

Sebagai contoh pada proyek pipa South Sumatera West Java (SSWJ), konsumen gas baru bermunculan 4~5 tahun setelah pipa dibangun. Pada semester I/2017, PGN memiliki infrastruktur pipa gas PGN sepanjang 7.337 km atau naik 1,7% dibandingkan dengan capaian pada semester 1/2016 sepanjang 7.212 km.

PGN memasok gas bumi ke 1.659 industri besar dan pembangkit listrik, 1.928 pelanggan komersial seperti hotel, restoran, rumah sakit, dan usaha kecil menengah (UKM) serta 170.094 pelanggan rumah tangga yang tersebar hingga Kalimantan Utara dan Papua. Dari pelanggan tersebut, selama periode Januari-Juni 2017, PGN mengelola gas bumi sebesar 1.470 MMscfd turun dibandingkan dengan periode yang sama tahun lalu 1.613 MMscfd.

Rincinya, volume gas distribusi sebesar 749 MMscfd dan transmisi sebesar 721 MMscfd yang dikontribusikan oleh PGN dan anak perusahaan PT Transportasi Gas Indonesia (TGI) dan PT Kalimantan Jawa Gas (KJG). Jobi menilai bahwa pemerintah membutuhkan infrastruktur di banyak wilayah baik berupa pipa gas maupun fasilitas penyimpanan dan regasifikasi. 

Selain pipa, perseroan mengelola dan menyalurkan gas bumi untuk transportasi ke 10 stasiun pengisian bahan bakar gas (SPBG) dan empat mobile refueling unit (MRU). Direktur Utama PT Pertamina Elia Massa Manik mengatakan, Pertamina melalui anak perusahaan, PT Pertamina Gas (Pertagas), sedang menyelesaikan pembangunan pipa transmisi gas ruas Gresik-Semarang sepanjang 267 km. Konstruksi fisik kini telah mencapai 85%.

Bisnis Indonesia, Page-28, Wednesday, Sept 27, 2017

Pertamina Spends Rp 20.46 Trillion For JTB

PT Pertamina through its subsidiary, PT Pertamina EP Cepu (PEPC) will issue an investment fund worth 1.547 billion US dollars or Rp 20.46 trillion for the Jambaran-Tiung Biru Gas Fieldization (JTB) field project. Investment in projects that are part of the national strategic project is expected to provide a multiplier effect for the national economy.

President Director of PT Pertamina Elia Massa Manik explained that the development of Jambaran-Tiung Biru will be a new hope for Indonesia, especially to overcome the gas supply deficit in Central Java and East Java. With JTB gas reserves of 2.5 trillion cubic feet (TCF) Pertamina expects the industries in Central Java and East Java to have sufficient gas supply to drive the national economy.

"The development of the JTB field will also create employment directly and indirectly and in turn will reduce the poverty rate which is one of President Joko Widodo's priority programs," Massa said in Bojonegoro, Monday (25/9).

Currently, according to Massa, Pertamina is still completing the negotiation of the transfer of participating interest (PI) in the development of JTB. Pertamina now has a 45 percent PI. However, after managing it, Pertamina will control PI up to 91 percent and the remaining nine percent will be owned by regionally owned enterprises (BUMD).

Along the process of negotiation, has been a lot of progress achieved JTB project. Progress is among others the achievement of a gas purchase agreement with PT PLN at a price of 7.6 US dollars per Million Metric British Thermal Unit (MMBTU) on August 8, 2017.

"The agreement was the beginning to be able to develop gas field JTB, because there are already buyers," said Massa.

Massa later explained that JTB field has a high complexity with 34 percent CO2 content, 330 million cubic feet per day gas processing facility (MMSCFD), and gas selling 172 MMSCFD. The pod project will begin drilling after PEPC appointed PT Rekayasa Industri (Rekind) and PT Japan Gas Corporation which has won the tender. "

     Massa also added that currently, Pertamina through its subsidiary, PT Pertamina Gas (Pertagas) is completing the construction of 267 kilometers of Gresik-Semarang pipeline with investment value of approximately 515.7 million US dollars or Rp 6.70 trillion

"With EPC progress now reaching 85 percent, it is estimated that this project will be onsntream in the middle of 2018," said Massa.

President Director of PT Pertamin EP Cepu (PEPC) Adriansyah confirmed that the JTB gas field development project project will have a multiplier effect for the local community. That is none other than because the project will absorb about 6,000 local workers at the peak of the project.

"The JTB project will employ 6,000 local workers in Bojonegoro and surrounding areas. Our commitment to contribute to boost the regional economy is by creating jobs for local communities," Adriansyah said.

Adriansyah added, indeed for early civil work (ECW), currently there are only about 200 unskill labor in the project. However, as more work on JTB projects will be built in the future, local labor needs will also increase.

IN INDONESIA

Pertamina Alirkan Rp 20,46 Triliun Untuk JTB

PT Pertamina melalui anak perusahaan, PT Pertamina EP Cepu (PEPC) akan mengeluarkan dana investasi senilai 1,547 miliar dolar AS atau Rp 20,46 triliun untuk proyek unitisasi Lapangan Gas Jambaran-Tiung Biru (JTB). Investasi terhadap proyek yang merupakan bagian proyek strategis nasional tersebut diharapkan dapat memberikan multiplier effect bagi ekonomi nasional.

Direktur Utama PT Pertamina Elia Massa Manik menjelaskan, pengembangan Jambaran-Tiung Biru akan menjadi harapan baru bagi Indonesia, khususnya untuk mengatasi defisit pasokan gas di Jawa Tengah dan Jawa Timur. Dengan cadangan gas JTB sebesar 2,5 triliun kaki kubik (TCF) Pertamina berharap industri di Jawa Tengah dan Jawa Timur akan mendapat suplai gas yang cukup menggerakkan ekonomi nasional.

"Pengembangan lapangan JTB juga akan membuka lapangan kerja secara langsung maupun tidak langsung dan pada gilirannya akan mengurangi angka kemiskinan yang menjadi salah satu program prioritas Presiden Joko Widodo," kata Massa di Bojonegoro, Senin (25/ 9).

Saat ini, menurut Massa, Pertamina masih terus menuntaskan negosiasi pengalihan hak partisipasi (participating interest/PI) dalam pengembangan JTB. Pertamina kini memiliki PI 45 persen. Namun, setelah alih kelola, Pertamina akan menguasai PI hingga 91 persen dan sisanya sembilan persen akan dimiliki badan usaha milik daerah (BUMD).

Seiring proses negoisasi tersebut, telah banyak kemajuan diraih proyek JTB. Kemajuan yang dimaksud antara lain tercapainya kesepakatan jual beli gas bumi dengan PT PLN dengan harga 7,6 dolar AS per Million Metric British Thermal Unit (MMBTU) pada 8 Agustus 2017.

"Kesepakatan itu menjadi awal untuk bisa mengembangkan lapangan gas JTB, karena sudah ada pembelinya," ujar Massa.

Massa kemudian menjelaskan, lapangan JTB memiliki kompleksitas tinggi dengan kandungan CO2 34 persen, fasilitas pemrosesan gas 330 juta kaki kubik per hari (MMSCFD), dan produksi gas jual 172 MMSCFD. Adapun pod proyeknya akan dimulai pengeborannya setelah PEPC menunjuk PT Rekayasa Industri (Rekind) dan PT Japan Gas Corporation yang sudah memenangkan tender."   

Massa juga menambahkan, saat ini, Pertamina melalui anak perusahaan, PT Pertamina Gas (Pertagas) sedang menyelesaikan pembangunan pipa Gresik-Semarang sepanjang 267 kilometer dengan nilai investasi sekitar 515,7 juta dolar AS atau Rp 6,70 triliun

"Dengan progres EPC saat ini sudah mencapai 85 persen, diperkirakan proyek ini akan onsntream pada per-tengahan tahun 2018," kata Massa. 

Direktur Utama PT Pertamin EP Cepu (PEPC) Adriansyah memastikan proyek proyek pengembangan Lapangan gas JTB akan memiliki multiplier effect bagi masyarakat setempat. Itu tidak lain karena proyek tersebut akan menyerap sekitar 6.000 pekerja lokal pada  masa puncak proyek.

"Proyek JTB akan mempekerjakan 6.000 tenaga lokal di Bojonegoro dan sekitarnya, Komitmen kami untuk bisa berkontribusi mendorong perekonomian daerah salah satunya adalah dengan menciptakan lapangan kerja bagi masyarakat setempat,” kata Adriansyah 

Adriansyah menambahkan, memang untuk early civil work (ECW), saat ini baru saja terdapat sekitar 200 orang unskill labour dalam proyek tersebut. Namun, sejalan dengan makin padatnya pengerjaan proyek JTB di masa mendatang, kebutuhan tenaga kerja lokal juga akan semakin meningkat. 

Republika, Page-19, Tuesday, Sept 26, 2017

JTB Project Can Hack Economy

Jambaran-Tiung Biru will be a new hope for Indonesia, especially to overcome the gas supply deficit in Central Java and East Java. The government is optimistic that the gas field of Jambaran-Tiung Biru (JTB) unitization in Bojonegoro, East Java, can produce in 2021.

"I think the JTB gas field development project could be completed in 3.5 years, so it will start production in 2021," said Energy and Mineral Resources Minister Ignasius Jonan in Bojonegoro yesterday.

He stated that after laying the first stone JTB gas field development project accompanied by Regent Bojonegoro Suyoto, Head of SKK Migas Amien Sunaryadi, and President Director of PT Pertamina EP Elia Massa Manik.

According to Jonan, the development of JTB gas field can be implemented after the reduction of Plant of Development (POD) project of JTB gas field development from US $ 2.1 billion to US $ 1,547 billion. In addition, there is an agreement between PT Pertamina EP and PLN as JTB gas buyer with a price of US $ 7.6 / million standard cubic feet per day (mmscfd).

In accordance with the plan, JTB field gas producing 330 mmscfd, of which 330 mmscfd will be distributed through transmission pipes of Gresik-Semarang gas 28 in diameter.

"The buyer is only PLN. If there are more buyers, it can be because the potential of JTB gas field is quite big, "said Jonan, who today plans to open the 2017 Energy and Mining Expo Fair with a justice theme for people's welfare and sustainable investment in Jakarta.

Absorb Workers

Jonan hopes that the development of JTB gas field can absorb local workforce, but it can also encourage the growth of various industries as the impact of the gas field development project. President Director of PT Pertamina Elia Massa Manik said that the groundbreaking of the Jambaran-Tiung Biru gas field development will be a new hope for Indonesia, especially to overcome the gas supply deficit in Central Java and East Java.

Pertamina is determined to immediately realize JTB which is part of national strategic project in order to provide multiplier effect for national economy.

"The development of the JTB gas field will also create employment directly and indirectly and in turn will reduce the poverty rate which is one of President Ioko Widodo's priority programs," he said.

Currently, Pertamina through its subsidiary PT Pertamina Gas (Pertagas) is completing the construction of 267 kilometers of Gresik-Semarang pipeline with an investment of US $ 515.7 million. On that occasion, Regent Bojonegoro Suyoto urged contractors working on the JTB gas field unit development project, which would require about 6,000 workers, to utilize local labor.

"We ask the contractor to utilize skill and workforce that do not have kemampun from local Bojonegoro also Blora, Central Java," he said.

IN INDONESIA

Proyek JTB Bisa Dongkrak Ekonomi

Jambaran-Tiung Biru akan menjadi harapan baru bagi Indonesia, khususnya untuk mengatasi defisit pasokan gas di Jawa Tengah dan Jawa Timur. Pemerintah optimistis lapangan gas unitisasi Jambaran-Tiung Biru (JTB) di Kabupaten Bojonegoro, Jawa Timur, bisa berproduksi pada 2021.

“Saya kira pekerjaan proyek pengemgbangan lapangan gas JTB bisa selesai 3,5 tahun sehingga sudah berproduksi pada 2021,” kata Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan di Bojonegoro, kemarin.

Ia menyatakan hal itu seusai meletakkan batu pertama proyek pengembangan lapangan gas JTB dengan didampingi Bupati Bojonegoro Suyoto, Kepala SKK Migas Amien Sunaryadi, dan Direktur Utama PT Pertamina EP Elia Massa Manik.

Menurut Jonan, pengembangan lapangan gas JTB bisa dilaksanakan setelah ada pengurangan plant of development (POD) proyek pengembangan lapangan gas JTB dari US$ 2,1 miliar menjadi US$ 1,547 miliar. Selain itu, ada kesepakatan antara PT Pertamina EP dan PLN sebagai pembeli gas JTB dengang harga US$ 7,6/juta standar kaki kubik per hari (million metric standard cubic feet per day/mmscfd).

Sesuai rencana, gas lapangan JTB yang berproduksi sebesar 330 mmscfd, di antaranya sebesar 330 mmscfd akan didistribusikan melalui pipa transmigis gas Gresik-Semarang yang berdiameter 28 inci.

“Pembelinya hanya PLN. Kalau memang ada pembeli lagi, ya bisa, sebab potensi lapangan gas JTB cukup besar,” kata Jonan, yang hari ini rencananya akan membuka Pekan Pertambangan dan Energi Expo 2017 bertema Energi berkeadilan untuk kesejahteraan rakyat dan investasi berkelanjutan, di Jakarta.

Serap Pekerja 

Jonan berharap pengembangan lapangan gas JTB bisa menyerap tenaga kerja lokal, selain juga bisa mendorong bertumbuhnya berbagai aneka industri sebagai dampak adanya proyek pengembangan lapangan gas tersebut. Direktur Utama PT Pertamina Elia Massa Manik mengatakan groundbreaking pengembangan lapangan gas Jambaran-Tiung Biru akan menjadi harapan baru bagi Indonesia, khususnya untuk mengatasi defisit pasokan gas di Jawa Tengah dan Jawa Timur.

Pertamina bertekad segera mewujudkan JTB yang merupakan bagian dari proyek strategis nasional agar dapat memberikan multiplier effect bagi ekonomi nasional.

“Pengembangan lapangan gas JTB juga akan membuka lapangan kerja secara langsung maupun tidak langsung dan pada gilirannya akan mengurangi angka kemiskinan yang menjadi salah satu program prioritas Presiden Ioko Widodo,” tuturnya.

Saat ini, Pertamina melalui anak perusahaan PT Pertamina Gas (Pertagas) sedang menyelesaikan pembangunan pipa Gresik-Semarang sepanjang 267 kilometer dengan investasi senilai US$ 515,7 juta. Pada kesempatan itu, Bupati Bojonegoro Suyoto mendesak kontraktor yang bekerja di proyek pengembangan unitisasi lapangan gas JTB, yang akan membutuhkan sekitar 6.000 tenaga kerja, untuk memanfaatkan tenaga kerja lokal.

“Kami minta kontraktor memanfaatkan tenaga kerja skill maupun tenaga kerja yang tidak memiliki kemampun dari lokal Bojonegoro juga Blora, Jawa Tengah,” tegasnya. 

Media Indonesia, Page-17, Tuesday, Sept 26, 2017

Pertamina starts $1.54b project in East Java gas Field

State-owned energy giant Pertamina, through its subsidiary PT Pertamina. EP Cepu (PEPC), commenced on Monday the development of the Jambaran-Tiung Biru (JTB) field in Bojonegoro East Java with an estimated investment of US$1.54 billion.  The project began after Pertamina agreed with its buyer, state-ovvned electricity firm PLN, the price for gas the latter will receive at its plant in Gresik, East Java, among other issues.

PEPC has appointed state-owned construction company PT Rekayasa Industri (Rekind) and its counterpart PT JGC Indonesia, the local unit of Japan-based engineering firm JGC Corp., to build the JTB field, which holds 2.5 trillion cubic feet (tcf) in gas reserves. It is slated to begin production in 2021.

Once operational, the field will be able to generate 172 million standard cubic feet per day (mmscfd) of gas Wwithin a period of 16 years. Pertamina will sell 100 mmscfd of the total gas output to PLN with a price of $7.6 per million British thermal units (mmbtu). The rest will be allocated to support industrialactivities around the JTB field.

The gas from the field is scheduled to be transported through pipelines from Gresik to Central Java’s capital Semarang, which is being built by another Pertamina subsidiary, PT Pertamina Gas (Pertagas), with an investment worth $515.7 million. The facility, set for completion by mid2018, will be able to transmit 500 mmscfd of gas to industrial firms across seven cities in Central and East Java provinces.

“This way, the utilization of gas can be expanded, while several delayed projects can resume to drive the economy of Central and East Java,” Pertamina president director Elia Massa Manik said in astatement. The project would bring $3.61 billion in state revenues until the project ends in 2035, head of Up-stream Oil and Gas Regulatory Special Task Force (SKK Migas), Amien Sunaryadi, said in a separate statement.

Earlier, SKKMigas said the construction ofthe field was over-priced and consequently, ordered an audit, which resulted in the current investment value. At present, Pertamina indirectly controls 49.4 percent in the JTB field, part of the Cepu Block that lies between Central and East Java. Meanwhile, United States oil giant ExxonMobil and a local government-owned enterprise (BUMD) hold 41.4 percent stake and 9.2 percent stake, respectively.

The Energy and Mineral Resources Ministry has mandated Pertamina to take over ExxonMobil’s shares valued at an estimated $121 million. Separately, on the same day, Pertamina’s subsidiary PT Pertamina Hulu Energi (PHE) also began to develop a new gas field, SP gas field, in the Offshore Northwest Java (ONWJ) block that spans from the north of Cirebon, West Java to Thousand Islands, Jakarta.

PHE has earmarked $92.7 million to build infrastructure as well as drill three development wells at the field, which may produce 30 mmscfd of gas starting from 2018.

“This shows our commitment to boosting national oil and gas production,” PHE president director R. Gunung Sardjono said in a statement.

The ONWJ block was taken over by PHE earlier this year and it is the first block to be operated under the new gross-split scheme, which requires oil and gas contractors to pay exploration and exploitation costs on their own in exchange for a higher profit split. The firm previously struggled to mn the block under the new scheme due to its economic infeasibility.

However, Gunung confirmed in August that the Energy and Mineral Resources Ministry had approved its proposal to increase the companys portion of production output to 73.5 percent for oil fields and 81 percent for gas fields, from the earlier agreement of 57.5 percent and 62.5 percent, respectively. As of July the ONWJ block produced 33,000 barrels of oil per day (bopd) and 126.8 mmscfd of gas.

Jakarta Post, Page-19, Tuesday, Sept 26, 2017

Pertamina Begins Construction of JTB Project US $ 1.54 M

PT Pertamina through its subsidiary PT Pertamina EP Cepu (PEPC) initiated the development of the Jambaran-Tiung Biru Project worth US $ 1.54 billion. The project will increase state revenues of US $ 3.61 billion during the production sharing contract (PSC).

Laying the first stone of the Jambaran-Tiung Biru Project was inaugurated by the Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan. In the inauguration was attended by Head of SKK Migas Amien Sunaryadi, Head of BPH Migas Fanshurullah Asa, President Commissioner of PT Pertamina Tanri Abeng, President Director of PT Pertamina Elia Massa Manik, and Bupati Bojonegoro Suyoto.

Pertamina President Director Elia Massa Manik said the groundbreaking of Jambaran-Tiung Biru development would be a solution to overcome the gas supply deficit in Central Java and East Java. With gas reserves of 2.5 trillion cubic feet, the company expects gas supply from Jambaran-Tiung Biru to meet the needs of industry in this region so that it can drive the national economy. He added that with the progress of the project, Pertamina is optimistic that the Jambaran-Tiung Biru Project will produce 2021.

"Utilization of gas can be expanded, so that projects that have been delayed and its economy is doubtful, will run again one by one move the economy in Central Java and East Java," he said in his official statement on Monday (25/9).

The Jambaran-Tiung Biru project has a high complexity with 34% carbon dioxide and 330 million metric standard cubic feet per day / MMscfd gas processing facility. Meanwhile, the selling gas produced is 172 Mmscfd. Drilling wells for this project will start after PEPC appointed PT Rekayasa Industri (Rekind) and PT Japan Gas Corporation which has won the tender.

Pertamina EP President Director Cepu Adriansyah added that the construction of the well and road wells has been done in Lapangan Jambaran-Tiung Biru. Not only that, engineering work (engineering) has also been done. The Jambaran-Tiung Biru project is designed to be completed in 36 months.

"We are ready to drill two wells next year," he said. Later, it will drill a total of six wells in Jambaran-Tiung Biru.

Pertamina is also still negotiating the transfer of ownership portion in the Jambaran-Tiung Biru Project. Pertamina now has a 45% ownership share. After the transfer of management, Pertamina will control ownership rights up to 91% and the remaining 9% will be owned by regionally owned enterprises (BUMD).

As is known, through Letter Number 9/13 / MEM.M / 2017 dated January 3, 2017; the government through the Ministry of ESDM ordered Pertamina c.q. PT Pertamina EP Cepu (PEPC) to fully develop JTB Field and complete the field transfer process with ExxonMobil Cepu Limited's business scheme.

Adriansyah added that the company and ExxonMobil have reached agreement on the transfer of ownership. In the future, Pertamina will have to pay compensation for the expenses incurred and future value related to ExxonMobil's Jambaran-Tiung Biru Project.

"We with ExxonMobil not finalized the agreement, only less final wording in the agreement," he said.

Meanwhile, about gas supply, Pertamina has completed negotiations with PLN. According to Massa, the two have agreed the gas price from the Jambaran ~ Tiung Biru Project amounting to US $ 7.6 per million British thermal unit / Mmbtu on August 8.

"The agreement is the beginning to be able to develop gas field JTB, because there are already buyers," he said.

Pipe Gresik-Semarang is not just working on the upstream side, Pertamina is also building a transmission pipeline Gresik-Semarang through another subsidiary, PT Pertamina Gas (Pertagas). The pipeline with an investment value of US $ 515.7 million will extend along 267 kilometers (km) with a capacity of 500 MMScfd.

The pipeline, equipped with 19 future connections, has the potential to channel gas to industries in seven districts along Central Java and East Java that pass through the pipeline. While the gas from the Jambaran-Tiung Biru Project will be channeled through this pipeline, which is 100 MMscfd for PT PLN and 72 MMscfd for industry.

"With EPC progress now reaching 85%, it is estimated that this project will be onstream in mid 2018," said Massa.

Meanwhile, Head of Special Unit for Upstream Oil and Gas Business Activities (SKK Migas) Amien Sunaryadi stated that the Jambaran-Tiung Biru Project will also increase state revenue from the oil and gas sector.

"Projected state revenue from this project until the contract is completed in 2035 reached US $ 3.61 billion or more than Rp 48 trillion," he said. The project will also absorb up to 6,000 workers in the construction period.

IN INDONESIA

Pertamina Mulai Konstruksi Proyek JTB US$ 1,54 M

PT Pertamina melalui anak usahanya PT Pertamina EP Cepu (PEPC) memulai pengembangan Proyek Jambaran-Tiung Biru senilai US$ 1,54 miliar. Proyek ini akan menambah penerimaan negara US$ 3,61 miliar sepanjang masa kontrak kerja sama (production sharing contract/PSC).

Peletakkan batu pertama  Proyek Jambaran -Tiung Biru diresmikan oleh Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan. Dalam peresmian ini juga hadir Kepala SKK Migas Amien Sunaryadi, Kepala BPH Migas Fanshurullah Asa, Komisaris Utama PT Pertamina Tanri Abeng, Direktur Utama PT Pertamina Elia Massa Manik, dan Bupati Bojonegoro Suyoto.

Direktur Utama Pertamina Elia Massa Manik mengatakan, groundbreaking pengembangan Jambaran-Tiung Biru akan menjadi solusi untuk mengatasi defisit pasokan gas di Jawa Tengah dan Jawa Timur. Dengan cadangan gas sebesar 2,5 triliun kaki kubik, perseroan berharap pasokan gas dari Jambaran-Tiung Biru mampu mencukupi kebutuhan industri di wilayah ini sehingga bisa menggerakkan ekonomi nasional. Ditambahkannya, dengan berbagai kemajuan proyek tersebut, Pertamina optimistis Proyek Jambaran-Tiung Biru akan berproduksi 2021. 

“Pemanfaatan gas bisa diperluas, sehingga proyek-proyek yang sempat tertunda dan keekonomiannya diragukan, akan kembali berjalan satu persatu menggerakkan perekonomian di Jawa Tengah dan Jawa Timur,” kata dia dalam keterangan resminya, Senin (25/9).

Proyek Jambaran-Tiung Biru memiliki kompleksitas tinggi dengan kandungan karbondioksida mencapai 34% dan fasilitas pemrosesan gas 330 million metric standard cubic feet per day/MMscfd. Sementara gas jual yang dihasilkan yakni sebesar 172 Mmscfd. Pengeboran sumur untuk proyek ini akan dimulai setelah PEPC menunjuk PT Rekayasa Industri (Rekind) dan PT Japan Gas Corporation yang sudah memenangkan tender.

Presiden Direktur Pertamina EP Cepu Adriansyah menambahkan, pembangunan tapak sumur dan jalan sudah dilakukan di Lapangan Jambaran-Tiung Biru. Tidak hanya itu, pekerjaan rekayasa (engineering) juga sudah dikerjakan. Proyek Jambaran-Tiung Biru dirancang untuk dapat diselesaikan dalam 36 bulan.

“Kami siap melakukan pengeboran dua sumur tahun depan,” ujar dia. Nantinya, pihaknya akan mengebor total enam sumur di Jambaran-Tiung Biru.

Pertamina juga masih menuntaskan negosiasi pengalihan porsi kepemilikan dalam Proyek Jambaran-Tiung Biru. Pertamina kini masih memiliki porsi kepemilikan 45%. Pasca alih kelola, Pertamina akan menguasai hak kepemilikan hingga 91% dan sisanya 9% akan dimiliki badan usaha milik daerah (BUMD).

Seperti diketahui, melalui Surat Nomor 9/13/MEM.M/2017 tertanggal 3 Januari 2017; pemerintah melalui Kementerian ESDM memerintahkan Pertamina c.q. PT Pertamina EP Cepu (PEPC) untuk mengembangkan secara penuh Lapangan JTB dan menyelesaikan proses pengalihan lapangan dengan skema bisnis bersama ExxonMobil Cepu Limited.

Adriansyah menambahkan, perseroan dan ExxonMobil telah mencapai kesepakatan soal pengalihan kepemilikan tersebut. Nantinya, Pertamina harus membayar kompensasi atas biaya-biaya yang telah dikeluarkan dan nilai di masa mendatang terkait Proyek Jambaran-Tiung Biru kepada ExxonMobil.

“Kami dengan ExxonMobil belum selesai final agreementnya, hanya kurang final wording di agreement-nya,” kata dia.

Sementara itu soal pasokan gas, Pertamina telah merampungkan negosiasi dengan PLN. Menurut Massa, keduanya telah menyepakatai harga gas dari Proyek Jambaran~Tiung Biru sebesar US$ 7,6 per juta british thermal unit/Mmbtu pada 8 Agustus lalu.

“Kesepakatan itu menjadi awal untuk bisa mengembangkan lapangan gas JTB, karena sudah ada pembelinya,” ujarnya.

Pipa Gresik-Semarang tidak sekadar menggarap sisi hulu, Pertamina juga sedang membangun pipa transmisi Gresik-Semarang melalui anak usahanya yang lain, PT Pertamina Gas (Pertagas). Pipa dengan nilai investasi sebesar US$ 515,7 juta ini akan membentang sepanjang 267 kilometer (km) dengan kapasitas penyaluran 500 Mmscfd. 

Pipa yang dilengkapi dengan 19 future connection ini berpotensi menyalurkan gas bagi industri di tujuh kabupaten/kota sepanjang Jawa Tengah dan Jawa Timur yang terlewati pipa. Sementara gas dari Proyek Jambaran-Tiung Biru sendiri akan dialirkan melalui pipa ini, yakni sebesar 100 MMscfd untuk PT PLN dan 72 MMscfd untuk industri.

“Dengan progres EPC saat ini sudah mencapai 85%, diperkirakan proyek ini akan onstream pada pertengahan tahun 2018,” tutur Massa.

Sementara itu, Kepala Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Amien Sunaryadi menyatakan, Proyek Jambaran-Tiung Biru juga akan menambah penerimaan negara dari sektor migas.

“Diproyeksikan penerimaan negara dari proyek ini sampai kontrak selesai pada 2035 mencapai US$ 3,61 miliar atau lebih dari Rp 48 triliun,” kata dia. Proyek juga akan menyerap tenaga kerja hingga 6.000 orang pada masa konstruksi.

 Inverstor Daily, Page-23, Tuesday, Sept 26, 2017