PGN Became Seller of Sanga-Sanga LNG Block

The government appointed PT Perusahaan Gas Negara Tbk. became a seller of liquefied natural gas produced from the Badak Refinery and gas coming from the Sanga-Sanga Block.

Acting Director General of Oil and Gas Directorate General of ESDM Ego Syahrial said that his side has opened up opportunities for gas issuers coded PGAS shares to sell liquefied natural gas / LNG that is part of the country.

In the oil and gas block contract, the government gets the revenue share from the block, both in the form of oil and gas. Special Unit for Upstream Oil and Gas Business Activities (SKK Migas) has stipulated Decision Letter of Assignment of LNG Sales of State to PGN. The letter dated December 4, 2017 was signed by Head of SKK Migas Amien Sunaryadi which includes eleven points.

The decision was made to respond to the appeal letter as the seller of the state part of the LNG sale that PGN sent on October 30, 2017. After the letter, SKK Migas, PT Pertamina PGAS, and VICO Indonesia Company as operator of the Sanga-Sanga Block held a sales meeting cargo that has not been absorbed from Bontang LNG Plant, especially those that get supplies from the Sanga-Sanga Block.

Then, on November 22, 2017, has also delivered the strategy of selling the cargo that has not been absorbed. In Decree No. KEP0103 / SKKMA0000 / 2017 / S2, several important points are defined. First, PGN will sell unapplied cargoes for the 2018 period.

Secondly, PGN can initiate negotiations with potential LNG buyers and coordinate with SKK Migas. Third, undertake a number of basic tasks as an LNG seller, among them proposing negotiation materials and preparing document of agreement of heads of agreement (HOA) and gas sale and purchase agreement (PJBG).

Fourth, the LNG seller's period is valid until the Sanga-Sanga Block contract expires in 2018. Fifth, the LNG seller is responsible for covering all costs and / or responsibilities incurred and payment in advance. Such costs and responsibilities will be treated as a refundable operating expense. Sixth, the sale of LNG parts of the country, LNG sellers do not get rewarded from every cargo sold.

Previously, Pertamina was appointed as the LNG seller of the state. However, Ego said, it did not close the opportunity for other companies.

"Whoever has been able to provide the best income for the country, we are very open. PGN one in this field, we give the opportunity, "he said.

Ego said that it encourages healthy competition among business entities in order to contribute to the country's revenue. According to him, the provisions in the joint management group (JMG) will be fixed.

JMG is a container for shareholders of oil and gas block participation that supplies gas to Bontang LNG Plant. JMG was formed to coordinate operations after gas delivery. In addition, to oversee the flow of funds between buyers, gas carriers, lenders tax authorities, and refinery operators.

"That's the only procedure mechanism, we'll fix it, but the point is no problem. We allow, "he said.

Based on data from SKK Migas, gas production from Sanga-Sanga Block in the third quarter / 2017 was 40,572 barrel oil equivalent per day / boepd. Currently, the Sanga-Sanga Block is operated by Vico Indonesia which is a company a joint venture between Eni (Italian oil and gas company) and Saka Energi Indonesia (a subsidiary of PGN).

Meanwhile, related to the management of the Sanga-Sanga Block after 2018, Director of Upstream Oil and Gas Upstream Development of the Ministry of ESDM Tunggal said it has asked VICO to submit a final proposal for the management Sanga-Sanga Block on a new contract.

As for the final proposal will contain the bid and VICO in order to get the right to manage in the Sanga-Sanga Block. The offer includes commitments set forth in the terms and conditions of the new cooperation contract. In early 2017, the government has assigned Pertamina to manage eight expired blocks of its contracts.

IN INDONESIA

PGN Menjadi Penjual LNG Blok Sanga-Sanga

Pemerintah menunjuk PT Perusahaan Gas Negara Tbk. menjadi penjual gas alam cair yang dihasilkan dari Kilang Badak dan gas yang berasal dari Blok Sanga-Sanga.

Pelaksana Tugas Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Ego Syahrial mengatakan bahwa pihaknya selama ini membuka peluang kepada emiten gas berkode saham PGAS itu untuk menjual gas alam cair/LNG yang menjadi bagian negara.

Dalam kontrak blok migas, pemerintah mendapatkan bagi hasil dari blok tersebut baik berbentuk minyak maupun gas bumi. Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) telah menetapkan Surat keputusan penugasan penjualan LNG bagian negara kepada PGN. Surat teranggal 4 Desember 2017 itu ditandatangani Kepala SKK Migas Amien Sunaryadi yang mencakup sebelas poin.

Keputusan tersebut dibuat untuk merespons surat permohonan penunjukkan sebagai penjual bagian negara terhadap penjualan LNG yang dikirimkan PGN pada 30 Oktober 2017. Setelah pengiriman surat itu, SKK Migas, PT Pertamina PGAS, dan VICO Indonesia Company sebagai operator Blok Sanga-Sanga, mengadakan rapat tentang penjualan kargo yang belum terserap dari Kilang LNG Bontang, khususnya yang mendapat pasokan dari Blok Sanga-Sanga.

Kemudian, pada 22 November 2017, telah disampaikan pula strategi penjualan kargo yang belum terserap tersebut. Dalam Surat Keputusan Nomor: KEP0103/ SKKMA0000/2017/S2, ditetapkan beberapa poin penting. Pertama, PGN akan menjual kargo yang belum terserap untuk periode 2018.

Kedua, PGN bisa memulai pelaksanaan perundingan dengan para calon pembeli LNG dan berkoordinasi dengan SKK Migas. Ketiga, melakukan sejumlah tugas pokok sebagai penjual LNG di antaranya mengajukan materi perundingan dan menyiapkan dokumen kesepakatan heads of agreement (HOA) dan perjanjian jual beli gas (PJBG).

Keempat, periode penjual LNG berlaku sampai kontrak Blok Sanga-Sanga berakhir pada 2018. Kelima, penjual LNG bertanggung jawab menanggung seluruh biaya dan atau tanggung jawab yang timbul dan pembayaran terlebih dahulu. Biaya dan tanggung jawab tersebut nantinya diperlakukan sebagai biaya operasi  yang dapat dikembalikan. Keenam, atas penjualan LNG bagian negara, penjual LNG tidak mendapatkan imbalan dari setiap kargo yang terjual.

Sebelumnya, Pertamina ditunjuk sebagai penjual LNG bagian negara. Namun, Ego menyebut, pihaknya tidak menutup kesempatan bagi perusahaan Iainnya.

“Siapa pun selama ini bisa memberikan penghasilan yang terbaik buat negara, kita sangat terbuka. PGN salah satu di bidang ini, kita beri kesempatan,” ujarnya.

Ego menyebut bahwa pihaknya mendorong adanya kompetisi yang sehat di antara badan usaha agar bisa berkontribusi bagi pemasukan negara. Menurutnya, ketentuan-ktentuan dalam Joint Management Group (JMG) akan diperbaiki.

JMG merupakan wadah bagi para pemegang saham partisipasi blok migas yang memasok gas ke Kilang LNG Bontang. JMG dibentuk untuk mengkoordinasikan operasi setelah pengiriman gas. Selain itu, untuk mengawasi aliran dana antara pembeli, pengangkut gas, pemberi pinjaman otoritas pajak, dan operator kilang.

“Itu mekanisme prosedur saja, nanti kita perbaiki, tapi intinya no problem. Kita membolehkan," katanya.

Berdasarkan data SKK Migas, produksi gas dari Blok Sanga-Sanga pada kuartal III/2017 sebanyak 40.572 barel setara minyak per hari (barel oil equivalent per day/boepd). Saat ini, Blok Sanga-Sanga dioperasikan oleh Vico Indonesia yang merupakan perusahaan patungan antara Eni (perusahaan migas asal Italia) dan Saka Energi Indonesia (anak usaha PGN).

Sementara itu, terkait dengan pengelolaan Blok Sanga-Sanga setelah 2018, Direktur Pembinaan Usaha Hulu Minyak dan Gas Bumi Kementerian ESDM Tunggal mengatakan, pihaknya telah meminta kepada VICO untuk menyampaikan proposal final pengelolaan Blok Sanga-Sanga pada kontrak baru.

Adapun, proposal final akan berisi tawaran dan VICO agar bisa mendapat hak kelola di Blok Sanga-Sanga. Tawaran tersebut termasuk komitmen yang dituliskan dalam syarat dan ketentuan pada kontrak kerja sama baru. Pada awal 2017, pemerintah telah menugaskan Pertamina untuk mengelola delapan blok yang habis masa kontraknya. 

Bisnis Indonesia, Page-30, Monday, Dec 11, 2017

Chinese Import Rise, Price Rises

Crude oil prices in world trade have the potential to rise along with rising demand for these commodities from China.

China is a consumer of crude oil that contributes to the global outlook and supports the smooth agreement of the Organization of Petroleum Exporting Countries (OPEC), which seeks to push prices by reducing production by producing countries.

At the close of trading on Friday (8/12), West Texas Intermediate (WTI) oil prices rose 0.67 points or 1.18% to US $ 57.36 per barrel on the New York Merchantile Exchange. Brent oil also gained 1.20 points, or 1.93 percent, to $ 63.40 a barrel on the London-based ICE Future Europe exchange.

Quoted by Bloomberg, crude oil prices have grown higher than previously thought. the article. demand from China is high enough to indicate stronger demand in the world's second-largest economy.

Data show China's crude oil imports rose to 37 million tonnes per day (bpd) year-to-date. Starting from last year's shipments rose 12% to 386 million tons, while exports of processed oil jumped 85% month on month (mom) to 3.25 million tons.

Crude shipments to the Bamboo Curtain country rebounded from a one-year low close to an all-time high. John Kilduff, a partner at Again Capital LLC in New York, said futures traders were warmly discussing a surge in crude oil imports to China last November.

"Clearly there is strong demand from China," Kilduff said.

John Macaluso, an analyst at Tyche Capital Advisor, said the growth in Chinese oil import volume did not come from Saudi Arabia but from Iran, Russia and the United States.

"We are seeing a surge in demand from China," Macaluso said, adding that the growing demand for imports pushed China to surpass the United States as the world's biggest crude oil importer this year.Fitch's BMI Research reveals that China is inevitably a dependent consumer especially related to the need of crude oil through imports, following production declines and some oil fields in the country

Throughout the year, Panda State crude production has declined by 8%. The most significant production depreciation since 2016. Moreover, local governments are reluctant to spend much to explore old oil wells.

Jefferies, a global investment company in the United States, predicted that by 2018 the world's crude oil demand will grow to 1.5 million bpd driven by nearly 10% growth in demand from China.

"In general, demand in the market looks healthier," said Tamas Varga, PVM Oil Associates analyst.

Varga said the threat of workers' strikes from labor unions in Nigeria as Africa's biggest oil exporter by the end of November was also a sentiment affecting global crude prices.

The union announced it would strike back on December 18, 2017, after the threat of mass dismissal of the unionized workers, since the threat of the strike, oil prices could rise nearly 2% to $ 62.20 a barrel on Friday (8/12) ago.

"The occurrence of shalt-covering on the market coincides with the threat of a strike by the Nigerian oil union that has given some support to oil prices," said Abhishek Kumar, Senior Energy Analyst at Interfax Energy Global Gas Analytics in London.

As a result, demand from China accompanied by the strike incident in Nigeria is the basis of policy in an effort to extend production cuts until the end of 2018 by OPEC and non-OPEC producing countries led by Russia.

So far, production cuts have pushed up crude oil prices during the June and October periods with Brent oil gaining about 40%.

"Even if the market does not expect bullish, OPEC and Russia have taken a risk to the downside," said Bjarna Schieldrop, principal commodities analyst at SEB Bank.Shieldrop suspect Brent oil prices will not likely fall below the level of US $ 61.00 per barrel.

Despite growing prices, OPEC remains concerned about shale oil production from the US. The data last week showed that US crude oil production had risen 25,000 bpd to 9.7 million bpd in the first week of December and was the highest production since the 1970s and close to the level of production of Russia and Saudi Arabia.

Energy services company General Electric Co Baker Hughes said in a new report that it added two rigs at an oil well last week, bringing the total to 751 rigs, the highest level since September.

Energy services company General Electric Co Baker Hughes said in a new report that it added two rigs at an oil well last week, bringing the total to 751 rigs, the highest level since September.

The addition of the rig helped boost the volume of oil production in the local area, as well as widen the market and maintain the price balance. Tariq Zahir, Financial Manager at New York-based Tyche Capital Advisors LLC, said the increasing number of oil rigs by the end of the year is likely to risk lowering global oil prices in the first quarter of 2018.

IN INDONESIA

lmpor China Naik, Harga Terangkat

Harga minyak mentah di perdagangan dunia berpotensi mengalami kenaikan seiring dengan meningkatnya permintaan komoditas tersebut dari China.

China menjadi konsumen minyak mentah yang berkontribusi terhadap outlook global serta mendukung kelancaran kesepakatan Organzation of Petroleum Exporting Countries (OPEC), yang berupaya mendorong harga dengan mengurangi produksi oleh negara penghasil.

Pada penutupan perdagangan Jumat (8/12), harga minyak West Texas Intermediate (WTI) naik 0,67 poin atau 1,18% menjadi US$ 57,36 per barel di New York Merchantile Exchange. Sementara itu, minyak Brent juga ikut menguat 1,20 poin atau 1,93% menuju US$ 63,40 per barel di ICE Future Europe yang berbasis di London.

Dilansir dari Bloomberg, harga minyak mentah mengalami pertumbuhan Iebih tinggi dari dugaan sebelumnya. pasalnya. permintaan dari China cukup tinggi sehingga mengindikasikan permintaan yang Iebih kuat di negara ekonomi terbesar kedua di dunia tersebut.

Data menunjukkan impor minyak mentah China naik ke 37 juta ton per hari (bpd) secara year to-date. Terhitung sejak tahun lalu pengiriman mengalami kenaikan 12% menjadi 386 juta ton, sementara ekspor minyak olahan melonjak 85% month on month (mom) menjadi 3,25 juta ton.

Pengapalan minyak mentah ke Negeri Tirai Bambu itu mengalami rebound dari level terendah satu tahun mendekati level

tertinggi sepanjang masa. John Kilduff, rekanan di Again Capital LLC New York mengatakan bahwa pelaku perdagangan berjangka sedang hangat membahas soal lonjakan impor minyak mentah ke China periode November lalu.

"Jelas ada permintaan yang kuat dari China,” kata Kilduff.

John Macaluso, analis di Tyche Capital Advisor mengatakan, pertumbuhan volume impor minyak china itu justru tidak berasal dari Arab Saudi, melainkan dari Iran, Rusia, dan Amerika Serikat.

“Kami malah melihat tingkat permintaan yang melonjak dari China," kata Macaluso. Permintaan impor yang bertambah besar itu mendorong China mengungguli Amerika Serikat sebagai pengimpor minyak mentah terbesar di dunia pada tahun ini. Fitch’s BMI Research mengungkapkan bahwa China mau tidak mau menjadi konsumen yang tergantung khususnya terkait kebutuhan minyak mentah melalui

impor, menyusul penurunan produksi dan beberapa ladang minyak di negaranya

Sepanjang tahun, produksi minyak mentah Negeri Panda telah menurun hingga 8%. Penyusutan produksi paling signifikan sejak 2016. Apalagi, pemerintah setempat enggan mengeluarkan biaya banyak untuk mengeksplorasi sumur-sumur minyak tua.

Perusahaan investasi global di AS, Jefferies, meramalkan pada 2018 permintaan minyak mentah dunia tumbuh mencapai 1,5 juta bpd yang didorong oleh hampir 10% pertumbuhan permintaan dari China. 

“Secara umum, permintaan di pasar terlihat Iebih sehat," kata Tamas Varga, analis PVM Oil Associates.

Varga mengatakan, adanya ancaman pemogokan pekerja dari perserikatan buruh di Nigeria selaku eksportir minyak terbesar di Afrika pada akhir November lalu, juga menjadi sentimen yang mempengaruhi harga minyak mentah global.

Serikat buruh mengumumkan bakal melakukan aksi mogok kembali pada 18 Desember 2017, setelah ada ancaman pemecatan massal terhadap pada pekerja yang tergabung dalam serikat pekerja tersebut, semenjak ancaman pemogokan itu, harga minyak mampu menguat hampir 2% menjadi US$ 62,20 per barel pada Jumat (8/12) lalu.

“Terjadinya shalt-covering di pasar bersamaan dengan ancaman pemogokan oleh serikat buruh minyak Nigeria yang telah memberikan beberapa dukungan terhadap harga minyak," kata Abhishek Kumar, Senior Energy Analyst di Interfax Energy Global Gas Analytics di London. 

Alhasil, permintaan dari China disertai kejadian rencana pemogokan di Nigeria tersebut menjadi landasan kebijakan dalam upaya perpanjangan pemangkasan produksi hingga akhir 2018 oleh OPEC dan negara-negara produsen non-OPEC yang dipimpin Rusia.

Sejauh ini, pemangkasan produksi itu telah mendorong harga minyak terdongkrak selama periode Juni dan Oktober dengan minyak Brent memperoleh peningkatan sekitar 40%.

“Bahkan jika pasar tidak memperkirakan bullish, OPEC dan Rusia telah mengambil risiko ke sisi negatifnya," kata Bjarna Schieldrop, analis komoditas utama di SEB Bank. Schieldrop menduga harga minyak Brent tidak akan mungkin turun ke bawah level US$61,00 per barel.

Di samping pertumbuhan harga yang terus meningkat, OPEC tetap mengkhawatirkan produksi minyak serpih dari AS. Pasalnya, data pekan lalu menunjukkan bahwa produksi minyak mentah AS telah meningkat 25.000 bpd menjadi 9,7 juta bpd pada minggu pertama Desember dan merupakan produksi tertinggi sejak 1970-an serta mendekati tingkat produksi Rusia dan Arab Saudi.

Perusahaan jasa energi General Electric Co Baker Hughes dalam laporan terbarunya mengatakan pihaknya menambahkan dua rig di sumur minyak pada pekan lalu, sehingga jumlah totalnya menjadi 751 rig, tingkat tertinggi sejak September.

Penambahan rig itu ikut mendorong volume produksi minyak di wilayah setempat, sekaligus memperlebar pasar dan menjaga keseimbangan harga. Tariq Zahir, Manajer Keuangan di Tyche Capital Advisors LLC yang berbasis di New York mengatakan jumlah rig minyak yang terus bertambah hingga akhir tahun ini, kemungkinan besar berisiko menurunkan harga minyak global pada kuartal I/2018. 

Bisnis Indonesia, Page-16, Monday, Dec 11, 2017

When the Balikpapan Entrepreneur Saves Hope

The expansion project of Pertamina Refinery Unit (RU) V Balikpapan, East Kalimantan, which was launched earlier this year, apparently made local businessmen anxious

So far, Breaking ground preparation has been done but until now, none of the local companies have been given the opportunity to compete as contractors in the mega project. This project lasted 2 years with a value of US $ 5 billion or around Rp 65 trillion.

"No single local company has been involved in the project," said Chief of Chamber of Commerce and Industry (CCI/Kadin) Balikpapan Kisser Arafat.

He seemed pessimistic that the mega project would be able to absorb the entrepreneurs and local workers as previously hailed by the central government.

"It's possible that a national company, or another company outside Balikpapan who will work on it entirely, we just become spectators or just become subcontractors." he continued.

Yasser rate with a minimal role, certainly difficult for a company to produce a significant effect on the region. Yaser gives an illustration, if only 5% of the value of the project involves a local company as a contractor, the impact can already be felt. That is, from Rp 60 trillion then at least there is a chance of Rp 3 trillion can spin within the region.

However, with time, Yasser said, every effort will be made to fight for the fate of local businessmen and workers who want to contribute positively to the construction of the 360,000 barrel refinery. Hearing or Hearing Meeting (RDP) with Commission VII of the House of Representatives of the Republic of Indonesia in charge of the field of mineral energy is included in the nearest agenda of Kadin Balikpapan.

"I've had this communication with Mr. Ihwan Datu Adam [member of DPR Rl from East Kalimantan], and he will welcome us."

The Kadin team plan will do a hearing to the House of Representatives in the near future, said the leader of Anugrah Group. Yasser sees that the competence of local businessmen and workers is no less competitive than those from outside the region.

According to him, if it is not prepared for human resources or the company, it would be self-conscious not to take part in a project that is expected to absorb about 25,000 more labor.

Kadin Balikpapan, he called, actively invited the participation of 50 entrepreneurs through various programs to increase competence, one of them through gathering.

"So that in time the RDMP [Refinery Development Masterplan Program] is running, we are ready to participate. Very regrettable, for example, if you have to bring 1000 welders from outside Balikpapan. "

Please note in the RDMP project in Balikpapan, Pertamina has established PT Wijaya Karya (WIKA) as the executor, and state-owned banks as a source of working capital financing.

As is known, the expansion project of the Pertamina refinery in Balikpapan consists of two stages, each targeted to be completed in 2019 and 2021. Faster 22 months than previously targeted.

CAPACITY

The capacity of the oil processing infrastructure is targeted to increase from 260,000 to 360,000 barrels per day. In addition to capacity, fuel products from the refinery will also be upgraded to emissions standards. From the original still Euro 2 to Euro 5. 5% of the value of the project, said Yasser will have a significant impact on Balikpapan economy.

"The value even exceeds APBD this year," he explained.

In addition to the House of Representatives, he claimed to have addressed this issue to the municipal government of Balikpapan and the House of East Kalimantan. Both, Yasser said, have the same commitment to engaging local firms in the project. Without such efforts, Pertamina's RDMP will not have a significant effect on the economy. Even with refinery operations later on.

Meanwhile, Minister of Energy and Mineral Resources (ESDM), Jonan Ignatius on the sidelines of the inauguration of the Jangkrik Field gas production facility in Handil Baru. Regional Kutai Kartanegara, previously confirmed, next month, Pertamina RDMP in Balikpapan must have entered the stage of groundbreaking. According to him, this megaproject is a commitment of the central government.

The ESDM Ministry has been written to President Joko Widodo in order to directly review the projects that are also implemented in some other areas.

The project's RDMP Project Coordinator Imam Sunarto recently confirmed that the construction process in the RDMP plant development plan will begin early next year. The company is currently preparing land for development.

Bisnis Indonesia, Page-9, Monday, Dec 11, 2017

BlackBerry Cooperates with PGN Subsidiary

BlackBerry Limited began to expand the business market to software and cyber security products. Just so you know, the Canadian-based company has recently announced a partnership with PT Saka Energy to use the BlackBerry Unified Endpoint Manager (UEM) solution.

This is a collaboration between BlackBerry with PT PGAS Telekomunikasi Nusantara, a subsidiary of Perusahaan Gas Negara (PGN). PT PGAS Telekomunikasi Nusantara which operates telecommunication network service providers, including fiber optics, internet access, business solutions and services managed for the oil and gas industry in Indonesia.

With the utilization of this technology, the company's operational efficiency will increase, and enable management, staff and clients to share information safely.

Alex Manea, Chief Security Officer of BlackBerry Limited revealed, Blackberry has a good reputation in cyber security. The application of cyber Security BlackBerry for mobile phones is well known.

Well, this is brought to Indonesia. "Actually this is our first time in cooperation with PT PGAS Telekomunikasi Nusantara and this is our first project in oil and gas in Indonesia and using UEM," Alex said.

BlackBerry Unified Endpoint Manager (UEM) technology is the company's newest technology that enables secure device management on platforms such as Android, Samsung KNOX, los. Windows 10, OS X and Blackberry 10.

What is clear, in the project being worked on this BlackBerry claims to ward off cyber attacks for the oil segment and

gas.

"Hackers do not directly target oil and gas and other businesses, they just think of attacking to earn money." said Alex.

Tumbur Parlindungan, Chief Executive Officer (CEO) of Saka Energi, said that in order to succeed digital transformation, companies need to mobilize manpower and drive business satisfaction and efficiency. This is done by protecting all sensitive business information and maintaining the safety of all staff.

The selection of BlackBerry UEM and PT PGAS Telekomuikasi Nusantara because together, they can provide confidentiality of information at every level.

"Also with the support and integrated expertise that truly understand the complexity of our business as a whole," said Tumbur.

IN INDONESIA

BlackBerry Gandeng Anak Usaha PGN

BlackBerry Limited mulai meluaskan pasar bisnis ke produk-produk software dan security cyber. Asal tahu saja, perusahaan yang berasal Kanada tersebut belum lama ini mengumumkan kerjasama dengan PT Saka Energy untuk menggunakan solusi BlackBerry Unified Endpoint Manager (UEM).

Hal ini merupakan kolaborasi antara BlackBerry dengan PT PGAS Telekomunikasi Nusantara, anak usaha Perusahaan Gas Negara (PGN). PT PGAS Telekomunikasi Nusantara yang berbisnis penyedia layanan jaringan telekomunikasi, termasuk serat optik, akses internet, solusi bisnis dan layanan yang dikelola untuk industri minyak dan gas di Indonesia. 

Dengan pemanfaatan teknologi ini, efisiensi operasional perusahaan akan meningkat, serta memungkinkan manajemen, Staf dan klien berbagi informasi dengan aman.

Alex Manea, Chief Security Officer BlackBerry Limited mengungkapkan, Blackberry memiliki reputasi yang baik dalam keamanan siber. Penerapan cyber Security BlackBerry untuk ponsel sudah terkenal.

Nah, ini yang dibawa ke Indonesia. "Sebenarnya ini merupakan pertama kalinya kami kerjasama dengan PT PGAS Telekomunikasi Nusantara dan ini merupakan proyek pertama kami di oil and gas di Indonesia dan menggunakan UEM," ujar Alex. 

Teknologi BlackBerry Unified Endpoint Manager (UEM) merupakan teknologi terbaru milik perusahan ini yang memungkinkan mengelola perangkat dengan aman di platform seperti Android, Samsung KNOX, los. Windows 10, OS X dan Blackberry 10. 

Yang jelas, dalam proyek yang sedang digarap ini BlackBerry mengklaim dapat menangkal serangan siber untuk segmen minyak dan

gas. 

"Hacker memang tidak menargetkan secara langsung bisnis migas atau healthcare dan lainnya, mereka hanya berpikir menyerang untuk

mendapatkan uang." kata Alex.

Tumbur Parlindungan, Chief Executive Officer (CEO) Saka Energi, mengatakan, untuk menyukseskan transformasi digital, perusahaan perlu untuk memobilisasi tenaga kerja dan mendorong kepuasan serta efisiensi bisnis. Hal ini dilakukan dengan cara melindungi semua informasi bisnis yang sensitif dan menjaga keselamatan semua staf.

Pemilihan BlackBerry UEM dan PT PGAS Telekomuikasi Nusantara karena bersama-sama, mereka dapat memberikan kerahasiaan informasi di setiap tingkat. 

“Juga dengan dukungan dan keahlian terintegrasi yang betul-betul memahami kompleksitas bisnis kami secara keseluruhan." kata Tumbur.

Kontan, Page-14, Saturday, Dec 9, 2017

Opportunities Total E & P-Inpek Gets 39% Shares of Mahakam Block

ESDM Ministry approves Pertamina's application to release 39% of Mahakam block shares

Mail replies between businessmen and government are normal. But perhaps, the letter on the table of the Ministry of Energy and Mineral Resources (ESDM) the most mounting. One is about the Mahakam Block. Currently, the Secretary General of the Ministry of Energy and Mineral Resources is making a reply to PT Pertamina.

The government's reply letter contains the blessing on Pertamina's request for permission to release Mahakam Block shares up to a maximum of 39%. The release of the letter later, as well as revise the previous letter in the form of 30% Participating Interest (PI) participation rights for Total E & P Indonesie and Inpex Corporation that came out in the ESDM Minister Sudirman Said's era. The change of direction of the wind was not long ago.

"Yes revision, Pertamina who filed, the government made the letter up to 39%, it was last night," explained Deputy Minister of Energy and Mineral Resources Arcandra Tahar When met at the Ministry of Energy and Mineral Resources, Jakarta, Thursday (7/12).

Although Total E & P and Inpex have the opportunity to re-take part in the management of the Mahakam, the government ensures control remains in Pertamina. The government-owned company acts as an operator.

However, none of Pertamina's management contacted confirmed the news of the application for permission to divest the 39% Mahakam Block to the Ministry of ESDM. The day before this news, Pertamina insisted never sent the letter to the Ministry of Energy and Mineral Resources. (KONTAN, December 7, 2017)

Pertamina's response came out of Pertamina's Investment and Risk Management Director, Gigih Prakoso. Instead of providing certainty, he explains if the asset valuation valuation of the Mahakam Block is over. The next step, Pertamina, Total E & P and Inpex just match the value of the valuation.

"Next week we'll meet again to match the numbers," said Gigih

Be a precedent

Harry Poernomo, Member of Commission VII of the House of Representatives (DPR) of the Republic of Indonesia considers, re-entry of Total E & P and Inpex need not cause any worries. Therefore, the acquisition is a waiar action in the oil and gas industry. In fact, in that condition. Pertamina benefits because it can share the risk. The strategy to share those risks has been underway in the management of the previous Mahakam Block.

Total E & P releases 50% of Mahakam shares to Inpex. Meanwhile, Gajah Mada University Economic and Energy Observer Fahmy Radhi is of the opinion that business to business (B2B) Pertamina must maintain maximum 30% share disbursement to Total E & P and Inpex and must serve as operator.

Mahakam Block disbursement permit application up to 39% precisely signifies Pertamina not confident. If so, the actions of Pertamina are not the same as the realtor of the Mahakam block sale. Pertamina's action could be a precedent. Initially Sudirman Said gave 100% PI rights to Pertamina and now 39% of them are for Total E & P.

"If fulfilled, with the same mode Total ask again to 51%," he said.

IN INDONESIA

Peluang Total E&P-Inpek Mendapatkan 39% Saham Blok Mahakam

Kementerian ESDM merestui permohonan Pertamina melepas 39% saham Blok Mahakam

Balas-balasan surat antara pengusaha dan pemerintah adalah hal yang wajar. Namun boleh jadi, surat di meja Kementerian Energi dan Sumber Daya Mineral (ESDM) yang paling menggunung. Salah satunya tentang Blok Mahakam. Saat ini, Sekretaris Jendral Kementerian ESDM tengah membuat surat balasan kepada PT Pertamina.

Surat balasan pemerintah berisi restu atas permohonan Pertamina yang meminta izin melepas saham Blok Mahakam hingga maksimal 39%. Keluarnya surat itu nanti, sekaligus merevisi surat terdahulu berupa restu hak partisipasi alias participating interest (PI) 30% untuk Total E&P Indonesie dan Inpex Corporation yang keluar di era Menteri ESDM Sudirman Said. Perubahan arah angin itu belum lama terjadi. 

"Ya revisi, Pertamina yang mengajukan, pemerintah membuat suratnya up to 39%, itu tadi malam," jelas Wakil Menteri ESDM Arcandra Tahar Saat ditemui di Kementerian ESDM, Jakarta, Kamis (7/12).

Meskipun Total E&P dan Inpex berpeluang kembali mengambil bagian dalam pengelolaan Mahakam, pemerintah memastikan kendali tetap ada di Pertamina. Perusahaan milik pemerintah itu bertindak sebagai operator.

Hanya saja, tidak satupun manajemen Pertamina yang dihubungi mengonfirmasi kabar pengajuan surat permohonan izin divestasi 39% Blok Mahakam ke Kementerian ESDM. Sehari sebelum pemberitaan ini, Pertamina menegaskan tidak pernah mengirimkan surat bermuatan itu kepada Kementerian ESDM. (KONTAN, 7 Desember 2017)

Respons Pertamina keluar dari dari Direktur Perencanaan Investasi dan Manajemen Resiko Pertamina, Gigih Prakoso. Alih-alih memberikan kepastian, dia menjelaskan jika penghitungan valuasi aset Blok Mahakam sudah selesai. Langkah selanjutnya, Pertamina, Total E&P dan Inpex hanya mencocokkan nilai valuasi tersebut.

"Pekan depan kami akan ketemu lagi untuk mencocokan angka," kata Gigih

Menjadi preseden

Harry Poernomo, Anggota Komisi VII Dewan Perwakilan Rakyat (DPR) Republik Indonesia menilai, masuknya kembali Total E&P dan Inpex tidak perlu mendatangkan kekhawatiran. Sebab, akuisisi adalah aksi waiar dalam industri migas. Malah, dalam kondisi tersebut. Pertamina diuntungkan karena bisa membagi risiko. Strategi membagi risiko tersebut sudah berjalan dalam pengelolaan Blok Mahakam sebelumnya. 

Total E&P melepas 50% saham Mahakam ke Inpex. Sementara Pengamat Ekonomi dan Energi Universitas Gajah Mada Fahmy Radhi berpendapat, secara business to business (B2B) Pertamina harus mempertahankan pelepasan saham maksimal 30% ke Total E&P dan Inpex dan harus berperan sebagai operator. 

Permohonan izin pelepasan saham Blok Mahakam hingga 39% justru menandakan Pertamina tidak percaya diri. Kalau benar begitu, tindakan Pertamina tidak ubahnya sebagai makelar penjualan saham Blok Mahakam. Aksi Pertamina bisa menjadi preseden. Awalnya Sudirman Said memberikan 100% hak PI ke Pertamina dan kini 39% di antaranya untuk Total E&P. 

"Kalau dipenuhi, dengan modus sama Total minta lagi menjadi 51%," katanya.

Kontan, Page-14, Friday, Dec 8, 2017

Total & Inpex Signals Return to Mahakam

The government issued a decree on the share of PT Total E & P lndonesie and Inpex on Mahakam block which gives space for both companies up to 39%.

Based on the ESDM Minister Decree issued by Sudirman Said in 2015, Total and lnpex can re-enter Mahakam Block with 30% maximum stock limit. The revision of the letter allows Total and Inpex to own up to 39% in the Mahakam Block.

the Mahakam Block.

Currently, Total E & P lndonesie is the operator of Mahakam Block in partnership with lnpex with 50% share ownership. However, the contracts of both companies will expire on December 31, 2017. PT Pertamina takes over 100% of Mahakam block shares. However, the government still gives the opportunity to Total and Inpex to remain in Mahakam.

Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar said that it is preparing a change of Decree previously issued in 2015 to increase the space for the current contractors.

"The change from 30% to 39%," he said on Wednesday (6/12).

In early 2017, Minister of EMR lagasius Jonan opened space for Total E & P lndonesie and Inpex in order to have 39% participation in the Mahakam Block. According to him, the letter is currently in the process of change in the Bureau of the Ministry of Energy and Mineral Resources.

The change in the decree, Arcandra said, refers to Pertamina's request to change the offer space for the current contractor. Thereafter, the government is drafting its letter of amendment to accommodate a reduction in the participation of Pertamina's Mahakam Block on a business basis.

Since the cooperation contract signed in 2015, Pertamina has a 100% share of participation. The new contract will be valid for 20 years starting from 1 January 2018. In addition, the signature bonuses paid to the government amount to US $ 41 million with a dynamic revenue sharing scheme.

To stimulate exploration activities in the Mahakam Block, the government has set incentives in the form of a block-based and previously ground-based development plan as well as a 17% credit investment grant.

"Pertamina is proposing [Letter for Total and Inpex ownership up to 39%]. Up to [39% samples, not necessarily 39%. "

According to Arcandra, the change points on the decree only mention about the maximum space for the contractor when the letter also does not change the position of Pertamina as an operator. However, Total E & P Indonesia and Inpex are unwilling to pick up the phone when attempting to be contacted. Pertamina will invest US $ 3.32 billion in 2018 in the upstream oil and gas sector.

IN INDONESIA

Sinyal Total & Inpex Kembali ke Mahakam

Pemerintah mengelurkan Surat Keputusan Menteri ESDM tentang bagian saham PT Total E&P lndonesie dan lnpex di Blok Mahakam yang memberikan ruang bagi kedua perusahaan itu hingga 39%.

Berdasarkan Surat Keputusan Menteri ESDM yang dikeluarkan Sudirman Said pada 2015, Total dan lnpex bisa masuk kembali ke Blok Mahakam dengan batas maksimal saham 30%. Revisi surat itu memungkinan Total dan lnpex memiliki saham hingga 39% di Blok Mahakam.

Saat ini, Total E&P lndonesie menjadi operator Blok Mahakam bermitra dengan lnpex dengan kepemilikan saham masing-masing 50%. Namun, kontrak kedua perusahaan itu akan berakhir pada 31 Desember 2017. PT Pertamina mengambil alih 100% saham Blok Mahakam. Namun, pemerintah masih memberikan kesempatan kepada Total dan lnpex untuk tetap berada di Mahakam.

Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar mengatakan bahwa pihaknya sedang menyusun perubahan Surat keputusan yang sebelumnya diterbitkan pada 2015 untuk menambah ruang bagi kontraktor saat ini.

“Perubahan dari 30% ke 39% itu,” ujarnya, Rabu (6/12).

Pada awal 2017, Menteri ESDM lgnasius Jonan membuka ruang bagi Total E&P lndonesie dan Inpex agar bisa memiliki bagian partisipasi Blok Mahakam hingga 39%. Menurutnya, saat ini Surat sedang dalam proses perubahan di Biro Hukum Kementerian ESDM.

Perubahan surat keputusan tersebut, tutur Arcandra merujuk pada permintaan Pertamina untuk mengubah ruang penawaran bagi kontraktor saat ini. Setelah itu, pemerintah sedang menyusun perubahan suratnya untuk mengakomodasi pengurangan bagian partisipasi Blok Mahakam milik Pertamina secara bisnis.

Sejak kontrak kerja sama yang ditandatangani pada 2015, Pertamina menguasai saham partisipasi sebesar 100%. Kontrak baru akan berlaku 20 tahun terhitung sejak 1 Januari 2018. Selain itu, bonus tanda tangan yang dibayarkan kepada pemerintah sebesar US$ 41 juta dengan skema bagi hasil dinamis. 

Untuk memacu kegiatan eksplorasi di Blok Mahakam, pemerintah telah menetapkan insentif berupa rencana pengembangan berbasis blok dan sebelumnya berbasis lapangan serta pemberian investasi kredit 17%.

“Pertamina yang mengajukan [Surat agar kepemilikan Total dan Inpex sampai 39%]. Up to [sampail 39%, bukan harus 39%.”

Menurut Arcandra, poin perubahan pada surat keputusan hanya menyinggung tentang ruang maksimum bagi kontraktor saat surat itu juga tidak mengubah posisi Pertamina sebagai operator. Namun, pihak Total E&P Indonesia dan lnpex tidak bersedia mengangkat telepon ketika berusaha untuk dihubungi. Pertamina akan menginvestasikan dana US$3,32 miliar pada 2018 di sektor hulu migas. 

Bisnis Indonesia, Page-30, Friday, Dec 8, 2017

Oil Prices Projected Stronger

The price of crude oil in 2018 is projected to be in the range of US $ 50-US $ 60 per barrel. Marjolijn Wajong, Executive Director of Indonesian Petroleum Association (IPA), said oil prices in 2018 are in the range of US $ 50-US $ 60 per barrel, but depend on the commitment of the Organization of the Petroleum Exporting Countries (OPEC) to reduce production.

Quoted from Commodity Market Outlook 2018 released Thursday (26/10), the World Bank estimates crude oil prices to reach US $ 60 per barrel in 2018 driven by rising demand and continuing OPEC production cuts.

The strengthening of oil prices is influenced by several things. First, the high demand and decrease of oil stock. Second, OPEC and non-OPEC countries commit to reducing oil production.

 "Will remain at US $ 50, US $ 60," he said on Wednesday (6/12).

He assessed that the rising oil prices will not directly boost exploration activities in Indonesia. According to him, the key to attract investment both in exploration activities and oil and gas exploitation is the attractiveness of Indonesia in the eyes of investors. Investments needed to find new sources of oil and gas reserves also increase national oil and gas production,

Based on the report of Global Petroleum Survey 2017, Indonesia ranks at the bottom of investment attractiveness. Of 97 countries, Indonesia is ranked 92th along with Ecuador in 93th position. Successive Iraq, Libya, Bolivia, and Venezuela are the most avoided investors of upstream oil and gas sector.

The survey was conducted from May to July 2017 involving 333 respondents from top executives from CEOs, President Directors, and directors, managers, advisers, negotiators, consultants, geologists and economists. From the survey, it was generated that Indonesia got a score of 35.02 or down from last year's score of 45.83 at number 79.

IPA President Ronald Gunawan said that throughout 2017 the association's cooperation with the government is good enough with a number of regulatory changes. For example, Minister of Energy and Mineral Resources Regulation no. 8/2017 on Production Sharing Contracts of Gross Split Result and its revision is Ministerial Regulation no. 52/2017.

In the next year, he said, the association will increase cooperation with the government to improve the investment competitiveness through six priority points. Another achievement is the issuance of Government Regulation no. 27/2017 on amendment to Government Regulation no. 79/2010 which regulates the treatment of income tax and refundable operating expenses.

The six points consist of taxes applied in gross split share contracts. Second, cross-ministerial and institutional licensing issues. Third, the continuation of the Oil and Gas Bill process. Fourth, the formulation of upstream gas prices that can support new investment.

Fifth, the rules on implementing the advanced dewatering activities (enhanced oil recovery (EOR). Sixth, the regulation on the application of supply and shareholding of the participation of 10% oil and gas blocks to the Regional Owned Enterprises (BUMD).

IN INDONESIA

Harga Minyak Diproyeksi Kian Menguat

Harga minyak mentah pada 2018 diproyeksikan akan berada di kisaran US$50-US$60 per barel. Direktur Eksekutif Indonesian Petroleum Association (IPA) Marjolijn Wajong mengatakan bahwa harga minyak pada 2018 berada di kisaran US$50-US$60 per barel, tetapi bergantung pada komitmen Organisasi Negara Eksportir Minyak (Organization of the Petroleum Exporting Countries/OPEC) untuk mengurangi produksi.

Dikutip dari Commodity Market Outlook 2018 yang dirilis Kamis (26/10), Bank Dunia memperkirakan harga minyak mentah mencapai US$ 60 per barel pada 2018 didorong oleh naiknya permintaan dan berlanjutnya komitmen pemangkasan produksi oleh OPEC.

Penguatan harga minyak dipengaruhi oleh beberapa hal. Pertama, tingginya permintaan dan penurunan stok minyak. Kedua, komitmen OPEC dan negara non-OPEC untuk mengurangi produksi minyak.

 “Akan tetap berada di US$50, US$60," ujarnya, Rabu (6/12).

Dia menilai, harga minyak yang mulai naik ini tidak akan Iangsung mendongkrak kegiatan eksplorasi di Indonesia. Menurutnya, kunci untuk menarik investasi baik pada kegiatan eksplorasi maupun eksploitasi migas adalah adanya daya tarik Indonesia di mata investor. Investasi dibutuhkan untuk mencari sumber-sumber cadangan baru penghasil migas juga meningkatkan produksi migas nasional,

Berdasarkan laporan Global Petroleum Survey 2017, peringkat Indonesia berada di urutan terbawah dari sisi daya tarik investasi. Dari 97 negara, Indonesia berada di peringkat 92 bersama Ekuador di posisi 93. Berturut-turut Irak, Libya, Bolivia, dan Venezuela sebagai negara yang paling dihindari investor sektor hulu migas.

Survei dilakukan mulai Mei hingga Juli 2017 dengan melibatkan 333 responden yang berasal dari petinggi perusahaan setara CEO, Presiden direktur, dan direktur, manajer, penasihat, negosiator, konsultan, geolog, dan ekonom. Dari survei tersebut, dihasilkan bahwa Indonesia mendapat skor 35,02 atau turun dari skor tahun lalu yakni 45,83 di urutan 79.

Presiden IPA Ronald Gunawan mengatakan bahwa sepanjang 2017 kerja sama asosiasi dengan pemerintah sudah cukup baik yakni dengan sejumlah perubahan regulasi. Sebagai contoh, Peraturan Menteri ESDM No. 8/2017 tentang Kontrak Bagi Hasil Hasil Gross Split dan revisinya yakni Peraturan Menteri No. 52/2017.

Pada tahun depan, dia menyebut, asosiasi akan meningkatkan kerja sama dengan pemerintah untuk meningkatkan daya saing investasi melalui enam poin prioritas. Pencapaian lainnya yakni keluarnya Peraturan Pemerintah No. 27/2017 tentang perubahan Peraturan Pemerintah No. 79/2010 yang mengatur tentang perlakuan pajak penghasilan dan biaya operasi yang bisa dikembalikan.

Keenam poin itu terdiri atas perpajakan yang diterapkan dalam kontrak bagi hasil kotor atau gross split. Kedua, masalah perizinan lintas kementerian dan lembaga. Ketiga, kelanjutan proses RUU Minyak dan Gas Bumi. Keempat, perumusan harga gas hulu yang bisa mendukung investasi baru. 

Kelima, aturan tentang implementasi kegiatan pengurasan lanjutan atau enhanced oil recovery (EOR). Keenam, regulasi tentang penerapan penawaran dan penanggungan saham partisipasi 10% blok migas kepada Badan Usaha Milik Daerah (BUMD).

Bisnis Indonesia, Page-30, Friday, Dec 8, 2017

Indonesia Freezes Membership at OPEC

The Government decided to no longer activate the membership of Indonesia in the Organization of Petroleum Exporter Countries (OPEC).

"There are several reasons, obviously the decision is still difreeze," said Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar in Jakarta, Tuesday (5/12) night.

Unfortunately, Arcandra is reluctant to disclose the government's consideration to remain inactive at OPEC. He also denied that the decision was taken because Indonesia would still not cut its oil and gas production, while OPEC members are required to restrain production. The answer has been formally submitted by the Indonesian side.

"We answered a month ago, that we remain in a condition to freeze," he said.

Previously, Indonesia decided to temporarily suspend OPEC membership during the OPEC 171th Session in Vienna, Austria, November 2016. At that time, the decision was taken because the trial decided to cut crude output by 1.2 million barrels per day (bpd) outside the condensate. The trial also asked Indonesia to cut about 5% of its production, or about 37 thousand bpd.

Then, in the middle of this year, Indonesia was asked to reactivate the membership submitted by the Minister of Energy of Saudi Arabia and the United Arab Emirates. At that time, Minister of Energy and Mineral Resources, Ignasius Jonan, proposed the requirement for reactivation, ie no cuts in oil and gas production for Indonesia.

It said Arcandra's decision not to return actively at OPEC would not disrupt the procurement of crude oil through imports. Because the import of crude oil must be from OPEC member countries. Determination of import sources should be calculated on the basis of its economy.

"Oil import decisions from the commercial side, not necessarily from OPEC. As long as the price is economical and best, we can import from anywhere, "explained Arcandra.

IN INDONESIA

Indonesia Bekukan Keanggotaan di OPEC

Pemerintah memutuskan untuk tidak lagi mengaktivasi keanggotaan Indonesia di Organisasi Negara-Negara Pengekspor Minyak (Organization of Petroleum Exporter Countries/ OPEC).

“Ada beberapa alasan, yang jelas keputusannya tetap difreeze,” kata Wakil Menteri Energi dan Sumber Daya Mineral (ESDM)

Arcandra Tahar di Jakarta, Selasa (5/12) malam.

Sayangnya, Arcandra enggan mengungkapkan pertimbangan pemerintah untuk tetap tidak aktif di OPEC tersebut. Dia juga menampik bahwa keputusan itu diambil karena Indonesia tetap tidak akan memangkas produksi migasnya, sementara anggota OPEC diwajibkan menahan produksinya. Jawaban tersebut telah disampaikan secara resmi oleh pihak Indonesia. 

“Kami jawab sebulan lalu, bahwa kita tetap dalam kondisi untuk freeze,” ujarnya.

Sebelumnya, Indonesia memutuskan untuk membekukan sementara keanggotaan OPEC saat dalam Sidang ke- 171 OPEC di Wina, Austria, November 2016. Waktu itu, keputusan tersebut diambil karena sidang memutuskan untuk memotong produksi minyak mentah sebesar 1,2 juta barel per hari (bph), di luar kondensat. Sidang juga meminta Indonesia untuk memotong sekitar 5% dari produksinya, atau sekitar 37 ribu bph.

Kemudian, pada pertengahan tahun ini, Indonesia diminta melakukan reaktivasi keanggotaan yang disampaikan oleh Menteri Energi Arab Saudi dan Persatuan Emirat Arab. Saat itu Menteri ESDM Ignasius Jonan mengajukan syarat untuk reaktivasi, yakni tidak ada pemotongan produksi migas bagi Indonesia.

Dikatakan Arcandra keputusan untuk tidak kembali aktif di OPEC tidak akan menganggu pengadaan minyak mentah melalui impor. Pasalnya, impor minyak mentah harus dari negara-negara anggota OPEC. Penentuan sumber impor harus dihitung berdasarkan keekonomiannya.

“Impor minyak keputusannya dilihat dari sisi komersial, not necessary harus dari OPEC. Selama harga ekonomis dan terbaik, kita bisa impor dari mana saja,” jelas Arcandra.

Investor Daily, Page-9, Thursday, Dec 7, 2017