Pertamina picks Omani, Japanese firms

    State-owned energy giant Pertamina has appointed a consortium of Omani and Japanese companies as its partner to develop the new US$10 billion Bontang refinery in East Kalimantan.

    The deal will see Pertamina make no capital contribution for the refinery, which is expected to have an input capacity of 300,000 barrels of oil per day (bopd) once it is operational in 2025. Pertamina began looking for partners in January 2017. 

 Cosmo Oil International

     After selecting eight companies as prospective partners out of around 100 applicants, the state company eventually chose a consortium consisting of Omani energy firm Overseas Oil and Gas (OOG) and Singapore-based Cosmo Oil International, a trading arm of Japan’s Cosmo Energy Holdings.

 

 Overseas Oil and Gas (OOG)

“We picked this consortium based on several considerations. First, OOG will be backed by the Omani government, whether in terms of financing or crude supply. Then, Cosmo Oil will provide technical support and marketing assistance for this project,” Pertamina petrochemical and processing megaproject director Ardhy N. Mokobombang said.

    Ardhy added that the refinery would rely mostly on crude supply from Oman, especially considering the country’s relatively high oil production of around 1 million to 1.2 million bopd compared to Indonesia’s 801,400 bopd as of last year. However, he said Pertamina would still have the right to supply up to 20 percent of the Bontang facility’s crude needs.

“So, if needed, we can utilize Pertamina’s crude stock coming from [our oil fields in] East Kalimantan.”

    Pertamina plans to sign a framework agreement with the consortium soon, before immediately conducting feasibility and engineering studies for the project. Then, it expects to reach the final investment decision (FID) and begin the relinery’s construction process by mid 2020. 

    Pertamina investment planning and risk management director Gigih Prakoso said the consortium would control a 90 percent stake in the project as it would fully fungi Bontang refinery’s development, while Pertamina would own 10 percent without having to inject any capital into the project.

“During the initial preparation phase, Pertamina will only hold a 10 percent stake. But later after the FID has been reached, we will review our status once again, to see whether we have to increase our shares or not in this project,” Gigih said, while adding that this move was needed to reduce Pertamina’s risk exposure.

    Pertamina and the consortium will also conduct joint marketing efforts for Bontang refinery’s products through the establishment of a joint venture (JV ) company. The JV will then enter a Sales and Purchase Agreement (SPA) with Pertamina for marketing the refineiys products domestically, while also looking for and securing export markets if there is excess output from the facility. Ardhy said the JV would prioritize the domestic market, as the type of fuel produced from the Bontang facility would also be designed inline with domestic needs.

“Pertamina is currently upgrading its four refineries and developing two new ones. After the completion of all of those projects, we estimate that our gasoline production will just be on par with domestic consumption levels, while there will be a slight excess in terms of diesel supply,” he added.

    Hence, Pertamina will optimize the production of gasoline and jet fuel from the Bontang facility, while minimizing its diesel output.  Pertamina estimated that it would need around $120 billion to support its business plans within the next decade, one-third of which would be used to finance its various refinery projects.

    This year alone, Pertamina has allocated $5.59 billion in capital expenditure, up 55 percent annually. About 59 percent of the allocated figure will be used to support its upstream business activities, including the development of the newly acquired Mahakam block in East Kalimantan and the Jambaran-Tiung Biru field in East Java.

the Jakarta Post, Page-13, Thursday, Feb 1, 2018

Government Obtains Investment Commitment of US $ 23.6 Million

    The government sets forth five companies as the winners of the 15 oil and gas blocks auction period of 2017 which uses a gross split production sharing scheme (production sharing contract / PSC) for the first time. From this lease, the government obtained the first three year investment commitment of US $ 23.6 million.

Arcandra Tahar 

 
    Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar said many companies still have doubts about the gross split PSC. Some companies even ask for time to discuss these new scheme contracts together, including large corporations. However, through this auction, there are oil and gas companies interested in doing business with gross split scheme.

"There are five companies that are interested to run the business in the oil and gas industry in Indonesia," he said after the announcement of the winning bidder of oil and gas blocks in Jakarta.

Ego Syahrial

     Secretary General and Director General of Oil and Gas at the Ministry of ESDM Ego Syahrial explained that until the deadline of the submission of the bid documents, there are seven competing companies who have five oil and gas blocks. The main competition for the Andaman II Block, where there are three companies fighting over it.

"The total commitment value of the five oil and gas blocks won is US $ 23.6 million. While the bonus marks obtained by US $ 3.25 million, "he said.

Far East Premier Consortium Ltd

     The Andaman II block, he said, was won by Far East Premier Consortium Ltd, Kriss Energy (Andaman II) BVI and Mubadala Petroleum (Andaman II JSA) Ltd. Mubadala promises a definite commitment for the first three years of G & G and activities 3D seismic area of ​​1,850 square kilometers (km2) worth US $ 7.55 million. While the signature bonus is given US $ 1 million.

    Next, the Andaman I Block was won by Mubadala Petroleum (SE Asia) Ltd with a definite investment commitment of US $ 2.15 million and a signature bonus of US $ 750 thousand. Furthermore, the Merak-Lampung Block was achieved by PT Tansri Madjid Energi, which promised an investment of US $ 1.32 million and a signature bonus of US $ 500 thousand.

    Meanwhile PT Saka Energy won the Pekawai Block and West Yamdena. In Pekawai, Saka Energi promised an investment commitment of US $ 10.45 million and a signature bonus of US $ 500 thousand. While in West Yamdena, investment commitment to be spent of US $ 2.1 million and signature bonus given US $ 500 thousand.

    The signing of the PSC with the five winners will be made as soon as possible. "Usually within 14 days after they receive," he said.

    Two international companies, Premier Oil and Mubadala Petroleum, followed the auction of the oil and gas block because the rate of investment in Indonesia is still attractive. Another consideration is that oil and gas potential in the company's targeted block is also very promising.

"According to the information everything in the Andaman Block is interesting enough to be explored," said Vice President and Information Service of Premier Oil Indonesia Erfan Chidir.

    Vice President Exploration of PT Saka Energi Indonesia Rovicky Putrohari said the gross split contract scheme is not the only thing that the company consider. Moreover, the gross split scheme is still negotiable with the government. For oil and gas potential in certain blocks is considered good enough, it would be interested to spend the funds in the block.

"In essence, if its potential is indeed large enough, with any scheme may still be interesting," he explained. Two blocks obtained by his side belong to the category that has good enough reserves.

Keep it Fixed

    Meanwhile, this year, Arcandra said it will auction off 25 - 40 oil and gas blocks by mid-February. It promised to make business in the Indonesian oil and gas sector more easy and attractive for investors.

    Previously, through Regulation Men 52/2017 on gross split contract and Government Regulation 53/2017 on gross split taxation, his side has given a number of incentives. Now, the government is finalizing the revision of Government Regulation 35/2004 on upstream oil and gas business activities. A number of improvements are made through this Government Regulation.

 "As the firm commitment can be transferred, the asset used during the exploration can be used in another work area, or if no hydrocarbons are found, the goods purchased can be used by another company by paying import duty," said Arcandra.

    Not only that, the regulation will also provide a legal basis for the opening of existing oil and gas data. The ESDM Ministry will collect data in the Data and Information Center (Pusdatin) and the Special Unit for Upstream Oil and Gas Business Activities (SKK Migas). All data will be accessible, except the data that is still actively used by the company holding the contract.

"In doing the analyzes, the data already in the open, it can be used. Maybe it can be seen, the analysis until basin base, "he said.
    Rovicky said that the plan to collect and open the oil and gas data is very good. Because, during this company difficulties to complete data from oil and gas blocks are targeted. He hoped the block that will be auctioned later can be equipped with data that becomes more attractive to investors.

 
"The data is equipped and indeed has been done early evaluation by ESDM, so when sold it (oil and gas block) interesting. Primarily. how big the potential was, "he said.

    Whether to follow the auction of oil and gas blocks this year, Rovicky said, Saka Energy as an Indonesian company, always evaluate the opportunities that exist in Indonesia. Of the 40 blocks offered this year, around 2030% is considered attractive to develop. While some oil and gas blocks are not attractive not because of fiscal.

"Now we are evaluating again in the same way if all using the gross split is what it is," he said.

IN INDONESIA

Pemerintah Peroleh Komitmen Investasi US$ 23,6 Juta 

    Pemerintah menetapkan lima perusahaan sebagai pemenang dari Ielang 15 blok migas periode 2017 yang menggunakan skema kontrak kerja sama (production sharing Contract/PSC) bagi hasil kotor (gross split) untuk pertama kalinya. Dari leIang ini, pemerintah memperoleh komitmen investasi tiga tahun pertama sebesar US$ 23,6 juta.

    Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar mengatakan, banyak perusahaan yang masih memiliki keraguan dengan PSC gross split. Beberapa perusahaan bahkan sampai meminta waktu untuk mendiskusikan kontrak skema baru ini bersama-sama, termasuk perusahaan besar. Meski demikian, melalui lelang ini, terlihat terdapat perusahaan migas yang tertarik berbisnis dengan skema gross split.

“Ada lima perusahaan yang menyatakan berminat untuk menjalankan bisnis di industri migas di Indonesia,” kata dia usai pengumuman pemenang lelang blok migas di Jakarta.

    Sekretaris Jenderal merangkap Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM Ego Syahrial menjelaskan, sampai batas akhir pemasukkan dokumen penawaran, terdapat tujuh bersaing yang memperbutkan lima blok migas. Persaingan utamanya untuk Blok Andaman II, di mana terdapat tiga perusahaan yang memperebutkannya.

“Total nilai komitmen pasti dari kelima blok migas yang dimenangkan yakni US$ 23,6 juta. Sementara bonus tanda langan yang diperoleh US$ 3,25 juta,” ujarnya.

    Blok Andaman II, sebutnya, dimenangkan oleh Konsorsium Premier Oil Far East Ltd, Kriss Energy (Andaman II) BVI dan Mubadala Petroleum (Andaman II JSA) Ltd. Mubadala menjanjikan komitmen pasti tiga tahun pertama berupa kegiatan G&G dan seismik 3D seluas 1.850 kilometer persegi (km2) senilai US$ 7,55 juta. Sementara bonus tanda tangan yang diberikan US$ 1 juta.

    Berikutnya, Blok Andaman I dimenangkan oleh Mubadala Petroleum (SE Asia) Ltd dengan komitmen pasti investasi US$ 2,15 juta dan bonus tanda tangan US$ 750 ribu. Selanjutnya, Blok Merak-Lampung berhasil diraih oleh PT Tansri Madjid Energi yang menjanjikan investasi US$ 1,32 juta dan bonus tanda tangan US$ 500 ribu.

    Sementara PT Saka Energi memenangkan Blok Pekawai dan West Yamdena. Di Pekawai, Saka Energi menjanjikan komitmen investasi US$ 10,45 juta dan bonus tanda tangan US$ 500 ribu. Sementara di West Yamdena, komitmen investasi yang akan dikeluarkan sebesar US$ 2,1 juta dan bonus tanda tangan yang diberikan US$ 500 ribu.

    Penandatangan PSC dengan kelima pemenang akan dilakukan sesegera mungkin. “Bisanya dalam waktu 14 hari setelah mereka terima,” tuturnya.

    Dua perusahaan internasional, Premier Oil dan Mubadala Petroleum, mengikuti lelang blok migas karena menilai investasi di Indonesia masih menarik. Pertimbangan lainnya, potensi migas di blok yang diincar perusahaan juga sangat menjanjikan.

“Menurut informasi semuanya di Blok Andaman cukup menarik dieksplorasi,” kata Vice President and Information Service Premier Oil Indonesia Erfan Chidir.

    Vice President Exploration PT Saka Energi Indonesia Rovicky Putrohari mengatakan, skema kontrak gross split bukanlah satu-satunya hal yang menjadi pertimbangan perusahaan. Apalagi, skema gross split ini masih bisa dinegosiasikan dengan pemerintah. Selama potensi migas dalam blok tertentu dinilai cukup bagus, pihaknya pasti tertarik untuk mengeluarkan dana di blok tersebut.

“Intinya, kalau potensinya itu memang cukup besar, dengan skema apapun mungkin akan masih menarik,” jelasnya. Dua blok yang diperoleh pihaknya termasuk kategori yang memiliki cadangan cukup bagus.

Terus Perbaiki

    Sementara itu, pada tahun ini, Arcandra menyebut bahwa pihaknya akan melelang 25 - 40 blok migas pada pertengahan Februari. Pihaknya menjanjikan akan membuat berbisnis di sektor migas Indonesia semakin mudah dan menarik bagi investor.

    Sebelumnya, melalui Peraturan Men 52/2017 tentang kontrak gross split dan Peraturan Pemerintah 53/2017 tentang perpajakan gross split, pihaknya sudah memberikan sejumlah insentif. Kini, pemerintah seang merampungkan revisi Peraturan Pemerintah 35/2004 tentang kegiatan usaha hulu migas. Sejumlah perbaikan dilakukan melalui Peraturan Pemerintah ini.

 “Seperti firm commitment bisa ditransfer, kemuadian aset yang dipakai selama ekslplorasi bisa digunakan di wilayah kerja lain, atau jika tidak ditemukan hidrokarbon, barang-barang yang dibeli bisa digunakan perusahaan lain dengan membayar import duty," papar Arcandra.

    Tidak hanya itu, lanjumya, regulasi ini juga akan memberikan dasar hukum untuk pembukaan data migas yang ada selama ini. Kementerian ESDM akan mengumpulkan data-data yang ada di Pusat Data dan Informasi (Pusdatin) dan Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas). Seluruh data akan bisa diakses, kecuali data yang masih aktif digunakan perusahaan yang memegang kontrak.

“Dalam melakukan analisa-analisa, data yang sudah di buka, maka bisa digunakan. Mungkin bisa dilihat, analisanya sampai basin basis,” tuturnya.

    Rovicky menilai rencana untuk mengumpnlkan dan membuka data migas itu sangat bagus. Pasalnya, selama ini perusahaan kesulitan untuk melengkapi data dari blok migas yang diincar. Pihaknya berharap blok yang dilelang nantinya bisa dilengkapi data-nya sehingga menjadi lebih menarik bagi investor.

“Datanya dilengkapi dan memang sudah dilakukan evaluasi awal oleh ESDM, sehingga ketika dijual itu (blok migas) menarik. Utamanya. seberapa besar potensinya tadi,” ujarnya.
   
    Disinggung apakah akan mengikuti lelang blok migas tahun ini, Rovicky menuturkan, Saka Energi sebagai perusahaan Indonesia, selalu mengevaluasi peluang-peluang yang ada di Indonesia. Dari 40 blok yang ditawarkan tahun ini, sekitar 2030% dinilai menarik untuk dikembangkan. Sementara beberapa blok migas tidak menarik bukan karena fiskalnya.

“Sekarang kami evaluasi lagi dengan cara yang sama kalau semuanya menggunakan gross split itu seperti apa,” kata dia.

Investor Daily, Page-9, Thursday, Feb 1, 2018

Investors are interested in Oil and Gas Auction with profit sharing scheme

    Ministry of Energy and Mineral Resources (ESDM) announces the winners of the auction of conventional oil and gas working area using a scheme of contracts for the gross split, the results of the first stage of 2017.

    Based on the data, Oil and Gas Working Area (WA) is the first auction using gross split scheme. The number of WK offered is 10 (ten) Working Area (WA), consisting of 7 Working Area (WA) through direct offer and 3 WK through regular auction.

    The WK auction has been started since late May 2017 and extended four times as it awaits the approval of government regulations on gross split taxation.

    Up to the deadline for submission of participation documents, ie December 29, 2017, there are seven documents of participation for five WKs which subsequently conducted the opening and examination and final assessment by the bid team to provide the winner's recommendation.

    

    The winners of direct offer auction are Mubadala Petroleum (SE Asia) Ltd (Andaman I), Premier Oil consortium Far East Ltd-KrissEnergy (Andaman Il), BV-Mubadala Petroleum (Andaman II ISA) Ltd., PT Tansri Madjid Energy (Merak-Lampung), and PT Saka Sepinggan Energy (Pekawai da West Yamdena).

    As for regular auctions on Kasuri Block III, Block Tongkol, East Tanimbar Block, and Memberamo Bloc no winners. Then the other five conventional Working Area (WA) have not been sought as work areas available and will be offered again in the subsequent supply period of oil and gas  Working Area (WA).

 
    The fixed commitment investment of the five conventional Working Area (WA) amounted to US $ 23,575,000 and a total signature bonus of US $ 3,250,000.

    Implementing Duties of the Director General of Oil and Gas, Ministry of ESDM Ego Syahrial said the profit-sharing scheme between the government and oil and gas investors received a positive response.

"So, the signal during this time that says that the gross split system is only suitable for WK extension was not. This is proven for new Working Area (WA) or Working Area (WA) exploration, of the seven offered, five WK interest, "said Ego Syahrial.

IN INDONESIA

lnvestor minati Lelang Migas dengan skema Bagi Hasil

    Kemenetrian Energi dan Sumber Daya Mineral (ESDM) mengumumkan pemenang lelang wilayah kerja migas konvensional dengan menggunakan skema kontrak bagi hasil gross split, hasil lelang tahap I 2017.

    Berdasarkan data, Wilayah Kerja (WK) migas itu merupakan lelang pertama yang menggunakan skema gross split. Jumlah WK yang ditawarkan ialah 10 (sepuluh) WK, terdiri atas 7 WK melalui penawaran langsung dan 3 WK melalui lelang reguler.

    Lelang WK telah dimulai sejak akhir Mei 2017 dan diperpanjang sebanyak empat kali karena menunggu pengesahan peraturan pemerintah (PP) tentang perpajakan gross split.

    Sampai dengan batas akhir penyampaian dokumen partisipasi yakni 29 Desember 2017, terdapat tujuh dokumen partisipasi untuk lima WK yang selanjutnya dilakukan pembukaan dan pemeriksaan serta penilaian akhir oleh tim penawaran untuk memberikan rekomendasi pemenang.

    Pemenang lelang penawaran langsung di antaranya Mubadala Petroleum (SE Asia) Ltd (Andaman I), konsorsium Premier Oil Far East Ltd-KrissEnergy (Andaman Il), BV-Mubadala Petroleum (Andaman II ISA) Ltd, PT Tansri Madjid Energi (Merak-Lampung), serta PT Saka Energi Sepinggan (Pekawai da West Yamdena).

    Adapun untuk lelang reguler pada Blok Kasuri III, Blok Tongkol, Blok East Tanimbar, dan Blok Memberamo tidak ada pemenang. Kemudian lima WK konvensional lainnya belum diminati menjadi wilayah kerja available dan akan ditawarkan kembali pada periode penawaran WK migas selanjutnya.

    Investasi komitmen pasti dari lima WK konvensional tersebut sebesar US$ 23.575.000 dan total bonus tanda tangan sebesar US$ 3,250,000.

    Pelaksana Tugas Direktur Jenderal Migas, Kementerian ESDM Ego Syahrial mengatakan skema bagi hasil antara pemerintah dan investor migas mendapat sambutan positif.

“Jadi, sinyalemen selama ini yang mengatakan bahwa sistem gross split hanya cocok untuk WK perpanjangan ternyata tidak juga. Ini terbukti untuk WK baru atau WK eksplorasi, dari tujuh yang ditawarkan, lima WK diminati,” jelas Ego Syahrial.

Media Indonesia, Page-17, Thursday, Feb 1, 2018

Jonan Reveals EMR Performance in London

    The Ministry of Energy and Mineral Resources (ESDM) continues to realize its commitment in structuring the energy and mineral sectors throughout Indonesia through the policy of Justice Energy. Licensing cuts and energy infrastructure equity programs are the focus of providing access to energy for easier reach and more competitive prices.

Ignasius Jonan  

 

    This is an important point that was delivered by Minister of Energy and Mineral Resources Ignasius Jonan in the discussion of Indonesia Roundtable Series with the chairman of Bloomberg in London. In the oil and gas sector, the ESDM Ministry has simplified licensing from 104 to 6 licenses. Meanwhile, the minerals and coal sector now only have 6 licenses from 117 previously licensing, 5 licenses for the electricity sector and New and Renewable Energy (EBT) leaving 10 licenses.

"In the ministry I lead, licensing in the oil and gas fields is now only six permits from the previous 104 permits. We will continue to cut and simplify the permissions, "said Jonan.

    In line with this, the development of electricity infrastructure has also improved over the past two years, as evidenced by the 70 contracts signed by the EBT Power Purchase Agreement (WPA) with a capacity of more than 1.2 Giga Watt (GW). This progress has impacted on the target of electrification ratio at the end of 2017 reaching 95.4%, up from 91.2% in 2016.

    In addition, several other strategic policies implemented by the Government to reform the ESDM sector in Indonesia, such as the use of gross split schemes for upstream oil and gas up to the implementation of fuel oil (BBM) One Price that provides the same fuel prices throughout the territory of Indonesia.

    In relation to the policy, Jonan again conducted a deepening discussion with several Ambassadors of the Republic of Indonesia in Europe, such as the Ambassador of the Republic of Indonesia to the United Kingdom Rizal Sukma, Ambassador of the Republic of Indonesia to the Netherlands I Gusti Wesaka Puja, Ambassador of the Republic of Indonesia to Belgium Yuri O. Thamrin, Ambassador of the Republic of Indonesia to the UN in Geneva Hasan Kleib, Deputy V Office Staff Office Jaleswari Pramodhawardani, as well as other embassy officials.

    Former Minister of Transportation expressed the purpose of the policy so that the price of fuel in all regions of Indonesia is the same as in Java, especially in Papua and West Papua Province. Jonan said, there will be 33 districts that will be built fuel dealers until 2019.

"In 2017, the total has 57 points of BBM Satu Price, so the price is equal to Java Island, of which 16 points are in Papua and West Papua," he said in the Focus Group Discussion (FGD) with the embassy official.

    In addition to the BBM Satu Price policy, in the oil and gas development sector in Papua also through the builder of infrastructure Network-Gas City along the 3.898 Household Connection (SR) in Sorong City. The 2018 plan will build Network Gas City in 2 locations with 11,500 SR.

    In the electricity subsector, the ESDM Ministry's commitment is very large in Eastern Indonesia. The electricity development program in Papua and West Papua is targeted at 514 Mega Watt (WM) is completed until 2019. In addition, the rural electricity program will continue to reach 186 thousand customers until 2019.

    Another policy innovation to improve access to electricity in East Indonesia is based on the New Renewable Energy sector (EBT) by distributing the Solar Energy Saving (LTSHE) package to about 250,000 homes in 20 provinces. LTHSE lights have illuminated 79,564 homes in 5 provinces and the government is targeting to provide LTHSE by 2018 doubled from 2017 as many as 175,782 units.

    At the end of the discussion, Jonan reiterated that the priority policy for Papua and West Papua is a form of social justice for all Indonesians.

"In line with the mandate of President Joko Widodo, BBM One Price is a form of social justice and can be a unifier for the people of Indonesia," he said.

IN INDONESIA

Jonan Beberkan Kinerja ESDM di London

   
    Kementerian Energi dan Sumber Daya Mineral (ESDM) terus mewujudkan komitmennya dalam melakukan penataan sektor energi dan mineral di seluruh wilayah Indonesia melalui kebijakan Energi Berkeadilan. Pemotongan perizinan dan program pemerataan infrastruktur energi menjadi fokus dalam memberikan akses energi agar semakin mudah dijangkau dan harga yang makin kompetitif.

    Hal tersebut menjadi poin penting yang disampaikan Menteri ESDM Ignasius jonan dalam diskusi Indonesia Roundtable Series bersama pimpinan Bloomberg di London. Di sektor migas, Kementerian ESDM telah menyederhanakan perizinan dari 104 menjadi 6 perizinan. Sementara, sektor Mineral dan Batubara kini hanya ada 6 perizinan dari sebelumnya 117 perizinan, 5 perizinan bagi sektor ketenagalistrikan dan Energi Baru dan Terbarukan (EBT) menyisakan 10 perizinan.

“Di kementerian yang saya pimpin, perizinan di bidang minyak dan gas sekarang hanya enam izin dari sebelumnya 104 perizinan. Kami akan terus memangkas dan mempermudah perizinannya," kata Jonan.

    Sejalan dengan hal tersebut, pembangunan infrastruktur ketenagalistrikan juga mengalami kemajuan pada dua tahun terakhir, Hal ini dibuktikan dengan 70 kontrak penandatangan Power Purchase Agreement WPA) berbasis EBT dengan kapasitas lebih dari 1,2 Giga Watt (GW). Kemajuan ini berdampak pada terlampuinya target rasio elektrifikasi pada akhir 2017 mencapai 95,4%, naik dari pencapaian sebesar 91,2% di 2016.

    Selain itu, beberapa kebijakan strategis lain di implementasikan oleh Pemerintah untuk mereformasi sektor ESDM di Indonesia, seperti penggunaan skema gross split bagi hulu migas hingga implementasi Bahan Bakar Minyak (BBM) Satu Harga yang memberikan harga BBM sama di seluruh wilayah Indonesia.

    Terkait kebijakan tersebut, Jonan kembali melakukan pendalaman diskusi dengan beberapa Duta Besar Republik Indonesia di Eropa, seperti Duta Besar Republik Indonesia untuk Inggris Rizal Sukma, Duta Besar Republik Indonesia untuk Belanda I Gusti Wesaka Puja, Duta Besar Republik Indonesia untuk Belgia Yuri O. Thamrin, Duta Besar Republik Indonesia untuk PBB di Jenewa Hasan Kleib, Deputi V Kantor Staf Kepresidenan Jaleswari Pramodhawardani, serta pejabat kedutaan lainnya.

    Mantan Menteri Perhubungan itu mengutarakan tujuan kebijakan tersebut agar harga BBM di seluruh wilayah Indonesia sama dengan di Pulau Jawa, terutama di Provinsi Papua dan Papua Barat. Jonan menuturkan, akan ada 33 kabupaten yang akan dibangun lembaga penyalur BBM hingga 2019.

"Tahun 2017 lalu total sudah ada 57 titik BBM Satu Harga sehingga harganya sama dengan Pulau Jawa. Dari total tersebut, 16 titik berada di Papua dan Papua Barat,” ujarnya dalam Focus Group Discussion (FGD) bersama pejabat kedutaan tersebut.

    Selain kebijakan BBM Satu Harga, di sektor Migas pembangunan di Papua juga melalui pembangun infrastruktur Jaringan- Gas Kota sepanjang 3.898 Sambungan Rumah Tangga (SR) di Kota Sorong. Direncanalaan tahun 2018 akan terbangun Jaringan Gas Kota di 2 lokasi dengan 11.500 SR.

    Pada subsektor Ketenagalistrikan, komitmen Kementerian ESDM sangat besar di Indonesia Timur. Program pembangunan listrik di Papua dan Papua Barat ditargetkan sebesar 514 Mega Watt (WM) rampung hingga 2019. Selain itu program listrik pedesaan jugal dilanjutkan hingga menjangkau 186 ribu pelanggan sampai tahun 2019.

    Inovasi kebijakan lain untuk meningkatkan akses listrik di wiayah Timur Indonesia bertumpu pada sektor Energi Baru Terbarukan (EBT) dengan membagikan paket Lampu Tenaga Surya Hemat Energi (LTSHE) kepada sekitar 250 ribu rumah di 20 provinsi. Lampu LTHSE telah menerangi 79.564 rumah di 5 provinsi dan pemerintah mentargetkan akan memberikan LTHSE pada tahun 2018 dua kali lipat dari tahun 2017 yakni sebanyak 175.782 unit.

    Di penghujung diskusi, Jonan menegaskan kembali kebijakan prioritas bagi Papua dan Papua Barat adalah wujud keadilan sosial bagi seluruh rakyat Indonesia.

"'Sesuai amanat Presiden Joko Widodo, BBM Satu Harga adalah wujud keadilan sosial dan bisa menjadi pemersatu bagi rakyat Indonesia," tuturnya.

Investor Daily, Page-9, Thursday, Feb 1, 2018

Saka Will Work on Joint Study of Two Oil and Gas Blocks

    PT Saka Energi Indonesia is proposing a joint study of two new oil and gas blocks in Indonesia. Saka targets to continue to increase oil and gas reserves through the exploration of new oil and gas blocks.

    Saka Energy Exploration Vice President Rovicky Putrohari said there was no target that the company would add new exploration blocks to a certain amount each year. But it continues to seek additional oil and gas reserves in exchange for oil and gas that has been produced. This is so that the company can survive in the future.

"If it's not like that, we'll just dying. So we are not just looking for existing ones, but we also find (oil and gas reserves) that do not yet exist, "he said after the announcement of the winners of the 2017 oil and gas block auction in Jakarta.

    One of the steps taken by Saka is by conducting a study with the oil and gas block with the government. According to Rovicky, it is now proposing to conduct joint study on two oil and gas blocks. Unfortunately he is reluctant to reveal which blocks are targeted for this development. The reason is that the block studied will usually be auctioned by the government.

"We are proposing a joint study proposal in two new oil and gas working areas. For the joint study is eight months, "he explained.

     

working areas of oil and foreign countries in Indonesia

   Currently, Saka is involved in the management of 11 oil and gas blocks at home and abroad. Three oil and gas blocks are still under exploration, namely South Sesulu, West Bangkanai and Wokam II. While others have been in production, namely Muara Bakau Block, Bangkanai Block, Pangkah, Ketapang, South East Sumatra, Muriah, and Sanga-Sanga. Abroad, Saka owns a stake in Fasken Block, United States.

    

oil and gas working areas

 

      Previously, President Director of Saka Energi Indonesia Tumbur Parlindungan said the company's oil and gas production could reach 100 thousand barrels of oil equivalent per day / boepd in the next five years. Achieving that by simply relying on blocks that have been owned by the company at this time.

    However, the achievement of the projection depends on the success of Saka Energy's exploration. In 2018, Saka targets its oil and gas production to rise 10 percent from last year's production. For that, Saka budgeted an investment fund of about US $ 150-200 million to work on the oil and gas blocks it manages.

    Most of the capital expenditures will be channeled for drilling activities in Pangkah Block where Saka becomes operator and holds 100% participating interest.

    Throughout 2018, Saka plans to conduct seven drilling activities. Five of them are conducted in Pangkah Block, East Java consisting of four development projects and one exploration drilling. The remainder is an exploration drilling activity in Wokam II, Papua and one exploration drilling in South Sesulu, East Kalimantan. In addition, his side started the development phase of Sidayu and West Pangkah Project in Pangkah Block.

IN INDONESIA

Saka Akan Mengerjakan Joint Study Dua Blok Migas

    PT Saka Energi Indonesia sedang mengajukan proposal kajian bersama (joint study) dua blok migas baru di Indonesia. Saka menargetkan dapat terus menambah cadangan migas melalui eksplorasi blok migas baru.

    Vice President Exploration Saka Energi Rovicky Putrohari mengatakan tidak ada target bahwa perusahaan akan menambah blok eksplorasi baru dalam jumlah tertentu setiap tahunnya. Namun pihaknya terus berupaya mendapat tambahan cadangan migas sebagai ganti migas yang sudah diproduksikan. Hal ini agar perusahaan dapat bertahan di masa mendatang.

“Kalau tidak seperti itu, kami dying saja. Makanya kami tidak hanya sekadar mencari yang sudah ada, tetapi kami juga menemukan (cadangan migas) yang belum ada,” kata dia usai pengumuman pemenang lelang blok migas 2017 di Jakarta.

    Salah satu langkah yang ditempuh Saka yakni dengan melakukan kajian bersama blok migas dengan pemerintah. Menurut Rovicky, pihaknya kini sedang mengajukan proposal untuk melakukan kajian bersama di dua blok migas. Sayangnya dia enggan mengungkapkan blok mana saja yang diincar untuk dikembangkan ini. Pasalnya, blok yang dikaji ini biasanya akan dilelang oleh pemerintah.

“Kami sedang ajukan proposal joint study di dua Wilayah Kerja migas baru. Untuk joint studynya delapan bulan,” jelasnya.

    Saat ini, Saka terlibat dalam pengelolaan 11 blok migas di dalam dan luar negeri. Tiga blok migas masih dalam tahap eksplorasi, yakni South Sesulu, West Bangkanai, dan Wokam II. Sementara lainnya sudah berproduksi, yakni Blok Muara Bakau, Blok Bangkanai, Pangkah, Ketapang, South East Sumatera, Muriah, serta Sanga-Sanga. Di luar negeri, Saka memiliki saham di Blok Fasken, Amerika Serikat.

    Sebelumnya, Presiden Direktur Saka Energi Indonesia Tumbur Parlindungan mengatakan, produksi migas perusahaan yang dipimpinnya itu bisa mencapai 100 ribu barel setara minyak per hari (barrel oil equivalent per day/boepd) dalam lima tahun ke depan. Pencapaian itu dengan hanya mengandalkan blok-blok yang telah dimiliki perusahaan pada saat ini.

    Namun, pencapaian proyeksi itu tergantung pada keberhasilan eksplorasi yang dilakukan Saka Energi. Pada 2018 ini, Saka menargetkan produksi migasnya bisa naik 10% dari realisasi produksi tahun lalu. Untuk itu, Saka menganggarkan dana investasi sekitar US$ 150-200 juta untuk menggarap blok-blok migas yang dikelolanya.

    Sebagian besar belanja modal akan disalurkan untuk kegiatan pengeboran di Blok Pangkah di mana Saka menjadi operator dan memegang hak partisipasi sebesar 100%.

    Sepanjang 2018, Saka merencanakan untuk melakukan tujuh kegiatan pengeboran. Lima di antaranya dilakukan di Blok Pangkah, Jawa Timur yang terdiri dari empat pengerboran pengembangan dan satu pengeboran eksplorasi. Sisanya, satu kegiatan pengeboran eksplorasi di Wokam ll, Papua dan satu pengeboran eksplorasi di South Sesulu, Kalimantan Timur. Selain itu, pihaknya memulai fase pengembangan Proyek Sidayu dan West Pangkah di Blok Pangkah.

Investor Daily, Page-9, Thursday, Feb 1, 2018

Winner of Five Oil and Gas Blocks Using Gross Split

PT Tansri Madjid Energi gold mining company wins the Bloc of Merak-Lampung

 
    The 2017 oil and gas block auction is full of drama, after four repetitions because no company is interested. Finally, on January 31, 2018, the auction of oil and gas drama was happy ending, with the stipulation of the winning bidder five oil and gas blocks from 15 blocks auctioned last year.

Ego Syahrial

 
    Secretary General of the Ministry of Energy and Mineral Resources (ESDM) and Executive Director of Migas Ego Syahrial said there were seven participants who entered the bidding in five oil and gas blocks.

    The four oil and gas blocks are participated by one participant, namely Blok, Andaman I, Merak-Lampung Block, Pekawai Block, and West Yamdena Block. The Andaman II Block is in demand by three participants.

    

   In the final decision, the jumbo oil and gas company Repsol Exploration and the Bakrie Group company PT Energi Mega Persada Tbk did not win the auction of the Andaman II Block. While the other because the sole participant, finally won.

    With the announcement of the winning bidder of last year's oil and gas block, the ESDM Ministry hopes that there will be new oil and gas reserves in Indonesia. 

 Arcandra Tahar

    Deputy Minister of Energy and Mineral Resources Arcandra Tahar said, with the winners in five oil and gas blocks, then there is investor confidence in the condition of oil and gas in Indonesia, especially after the scheme using gross split.

    Moreover, the five participants who succeeded in winning the auction of oil and gas blocks last year are not small companies.

 

"This company is not a small company. Mubadala for example is not a small company. Repsol is a very big company, which takes our block instead of a small company, "Arcandra claims proudly.

    According to him, gross split will actually help oil and gas companies run their business in Indonesia.

"We expect the gross split scheme to facilitate business and efficiency," he said confidently.

    Going forward, the Ministry of Energy and Mineral Resources will also make a number of improvements, including the firm commitment that can be transferred. In addition, the government will also change the rules related to the assets used during the exploration can be used in other blocks.

    Or it could be that if exploration does not find enough hydrocarbons, the goods used during the exploration can be reused by the Contractor Contract of Work (KKKS) by paying fees and can be transferred to other affiliated oil and gas blocks. In addition, the government will also be more open to oil and gas data.

"The old data in the Industrial Data Center (Pusdatin) will be collected, and the SKK Migas is responsible, and this will be protected in the revision of Government Regulation 35/2004," said Arcandra.

    Among the winners of the auction of 5 oil and gas blocks is the name of PT Tansri Madjid Energi which is a gold mining company in Lebong Mine, Bengkulu. Tansri is a subsidiary of Sugico Group who once worked with PT Pertamina Hulu Energi for 5 coal bed methane projects in Sumatra.

IN INDONESIA

Pemenang Lima Blok Migas Mengunakan Gross Split

PT Tansri Madjid Energi perusahaan tambang emas menang lelang Blok Merak-Lampung

    Lelang blok migas tahun 2017 lalu penuh dengan drama, setelah sampai empat kali diulang karena tidak ada perusahaan yang berminat. Akhirnya tanggal 31 Januari 2018 ini drama lelang migas itu happy ending, dengan ditetapkannya pemenang lelang lima blok migas dari 15 blok yang dilelang tahun lalu.

    Sekretaris Jenderal Kementerian Energi dan Sumber Daya Mineral (ESDM) sekaligus Pelaksana Tugas Direktur Jenderal Migas Ego Syahrial mengatakan, terdapat tujuh peserta yang memasukkan penawaran di lima blok migas.

    Adapun empat blok migas masing-masing diikuti satu peserta, yaitu Blok, Andaman I, Blok Merak-Lampung, Blok Pekawai, dan Blok West Yamdena. Adapun Blok Andaman II diminati oleh tiga peserta.

    Dalam keputusan akhir, perusahaan migas jumbo, Repsol Exploration dan perusahaan milik Bakrie Group PT Energi Mega Persada Tbk tidak memenangkan lelang Blok Andaman II. Sementara yang lain karena peserta tunggal, akhirnya menang.

    Dengan pengumuman pemenang lelang blok migas tahun lalu, Kementerian ESDM berharap akan ada penemuan cadangan migas baru di Indonesia. Wakil Menteri ESDM Arcandra Tahar menyebutkan, dengan adanya pemenang di lima blok migas ini,
maka ada kepercayaan dari investor terhadap kondisi migas di Indonesia, terutama setelah adanya skema menggunakan gross split.

Apalagi kelima peserta yang berhasil menang di lelang blok migas tahun lalu bukanlah perusahaan-perusahaan kecil.

“Perusahaan ini bukan perusahaan kecil. Mubadala misalnya bukan perusahaan kecil. Repsol merupakan perusahaan yang sangat besar, yang mengambil blok kita bukan perusahaan kecil," klaim Arcandra bangga.

    Menurutnya, gross split justru akan membantu perusahaan migas menjalankan bisnis mereka di Indonesia.

"Kami mengharapkan skema gross split bisa memudahkan bisnis dan efisiensi," ujarnya yakin.

    Ke depan, Kementerian ESDM juga akan melakukan sejumlah perbaikan, di antaranya firm commitment yang bisa ditransfer. Selain itu, pemerintah juga akan mengubah aturan terkait aset yang digunakan selama eksplorasi bisa digunakan di blok lain.

    Atau bisa juga seandainya dengan eksplorasi tidak menemukan hidrokarbon yang cukup, barang-barang yang digunakan selama eksplorasi bisa digunakan kembali oleh Kontraktor Kontrak Kerjasama (KKKS) dengan membayar biaya dan bisa ditransfer ke blok migas lain yang masih terafiliasi. Selain itu pemerintah juga akan lebih terbuka terhadap data-data migas.

"Data-data lama yang ada di Pusat Data Industri (Pusdatin) akan kami kumpulkan, SKK Migas yang bertanggung jawab, dan ini akan dilindungi dalam revisi Peraturan Pemerintah 35/2004," ujar Arcandra.

    Di antara pemenang lelang 5 blok migas itu ada nama PT Tansri Madjid Energi yang merupakan perusahaan tambang emas di Tambang Lebong, Bengkulu. Tansri adalah anak usaha Sugico Group yang pernah bekerjasama dengan PT Pertamina Hulu Energi untuk 5 proyek coal bed methane di Sumatra.

Kontan, Page-14, Thursday, Feb 1, 2018

Pertamina EP Earned US $ 615 Million Profit

    PT Pertamina EP in 2017 earned revenues of US $ 2.7 billion and net income of US $ 615 million. Revenue, this increase compared to the acquisition of 2016 which amounted to US $ 2.4 billion with net income reached US $ 590 million.

    The oil production in 2017 is 77,200 barrels per day (bpd) with gas production of 1,018 mmscfd. Combined, Pertamina EP oil and gas production in 2017 amounts to 253,000 barrels of oil equivalent per day or barrel oil equivalent per day (boepd).

    While oil and gas production in 2016 amounted to 83,632 bpd of oil. While the gas is 989.2 mmscfd. President Director of PT Pertamina EP Nanang Abdul Manaf explained that oil production in 2016 is higher than oil production in 2017, but in terms of net income in 2017 is higher than the achievement of net income in 2016.

"Because at the end of the year the price of oil is getting better, at US $ 70 per barrel for Brent oil, so that net profit will help," he said.

    The drivers of net profit in 2017 also from oil stocks that Pertamina EP issued last year, so lifting year 2017 reached 77,900 bph higher than its production.

"We have stock, good price, we sell," he said.

    Throughout the year 2017 the company spent capital expenditures (capex) of US $ 644 million and operating expenditures (opex) of US $ 1.1 billion.

"Last year our 61 wells drilled our exploration wells drill 10 and 4 completed this January," he said.

    Pertamina EP currently manages 21 fields spread across 15 provinces. The assets that contribute the most at this time are still in the region of Sumatra. In 2018, Pertamina EP is targeting revenues of US $ 2.7 billion with a net profit of US $ 547 million.

"We estimate 2018 net profit target is lower first, but the realization of God willing higher because we still see oil prices," he said.

    This year's revenue and net profit only take into account the price of oil at US $ 48 per barrel. This year Pertamina EP's oil production cost is at US $ 17 per barrel. The cost of oil production in 2016 amounted to US $ 19 per barrel, in 2017 of US $ 16 per barrel.

IN INDONESIA

Pertamina EP Raih Laba US$ 615 Juta

    PT Pertamina EP tahun 2017 memperoleh pendapatan US$ 2,7 miliar dan laba bersih US$ 615 juta. Pendapatan, ini meningkat dibandingkan perolehan tahun 2016 yang sebesar US$ 2,4 miliar dengan laba bersih mencapai US$ 590 juta.

    Adapun produksi minyak tahun 2017 sebesar 77.200 barel per hari (bph) dengan produksi gas 1.018 mmscfd. Jika digabungkan, produksi migas Pertamina EP tahun 2017 sebesar 253.000 barel setara minyak per hari atau barrel oil equivalent per day (boepd).

    Sedangkan produksi migas tahun 2016 sebesar untuk minyak 83.632 bph. Sementara gas sebesar 989,2 mmscfd. Direktur Utama PT Pertamina EP Nanang Abdul Manaf menjelaskan, produksi minyak tahun 2016 lebih tinggi daripada produksi minyak tahun 2017, tetapi dari sisi laba bersih tahun 2017 lebih tinggi dari pencapaian laba bersih tahun 2016.

"Karena di akhir tahun harga minyak membaik. Itu di angka US$ 70 per barel untuk minyak Brent, sehingga laba bersih terbantu," katanya.

    Pendorong laba bersih tahun 2017 juga dari stok minyak yang Pertamina EP dikeluarkan tahun lalu, sehingga lifting tahun 2017 mencapai 77.900 bph lebih tinggi dari produksinya.

"Kami mempunyai stok, harga Iagi bagus, kami jual," kata dia.
   
    Sepanjang tahun 2017 perusahaan ini mengeluarkan belanja modal alias capital expenditures (capex) sebesar US$ 644 juta dan operating expenditures (opex) sebesar US$ 1,1 miliar.

"Tahun lalu 61 sumur kami bor. Sumur eksplorasi kami bor 10 dan 4 selesai Januari ini," katanya.

    Pertamina EP saat ini mengelola 21 lapangan yang tersebar di 15 provinsi. Aset paling banyak memberikan kontribusi besar saat ini masih di daerah Sumatra. Tahun 2018 ini Pertamina EP menargetkan pendapatan US$ 2,7 miliar dengan laba bersih US$ 547 juta.

"Kami estimasi target laba bersih 2018 memang lebih rendah dulu, tetapi realisasi Insya Allah lebih tinggi karena kami masih melihat harga minyak,“ kata dia.

    Tahun ini pendapatan dan laba bersih tersebut baru memperhitungkan harga minyak sebesar US$ 48 per barel. Sementara tahun ini biaya produksi minyak Pertamina EP sebesar US$ 17 per barel. Adapun biaya produksi minyak tahun 2016 sebesar US$ 19 per barel, tahun 2017 sebesar US$ 16 per barel.

Kontan, Page-14, Thursday, Feb 1, 2018

Investors Make It Easy to Invest

    The government continues to improve the investment climate to make investors easier and interested in investing in Indonesia, especially in the oil and gas sector. Five companies that follow and win the tender process of conventional oil and gas working areas show investors are confident with the business climate in the oil and gas sector in Indonesia.

Arcandra Tahar

     This was conveyed by Vice Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar in the announcement event winner of the auction of Conventional Oil and Gas Working Area (WA) 2017 in Jakarta.

"The President is very concerned to make investors easy to invest. These five companies believe oil and gas business in Indonesia, "said Arcandra.

    Of the 10 Working Area (WA) offered, there are five interested companies or consortiums and following the auction process in five Working Area (WA). The five companies that won the auction were Mubadala Petroleum Ltd at Working Area (WA) Andaman I, Premier Far East Limited-Krisenergy-Mubadala Petroleum Ltd Consortium in Working Area (WA) Andaman II, PT Tansri Madjid Energy at Working Area (WA) Merak Lampung, PT Saka Energi Sepinggan in Working Area (WA) Pekawai, and PT Saka Energi Indonesia in Working Area (WA) West Yamdena.

 Mubadala Petroleum Ltd

     Of the five Working Area (WA), the total value of the commitment is certain, namely the value of work in the first 3 years, amounting to 23.57 million US dollars. In addition, the value of signature bonus is non-tax state revenue which is the obligation of contractor cooperation contract as the winner of the auction, amounting to 3.25 million US dollars.

    Meanwhile, PT Perusahaan Gas Negara (Persero) Tbk has not made any special preparations regarding the relocation plan stake to PT Pertamina (Persero), related to the formation of a holding company of BUMN oil and gas. Pending government regulation, PGN will coordinate with the implementation team.

    The draft Government Regulation on the Addition of State Equity Participation of the Republic of Indonesia into the Capital of Pertamina's Shares. The draft PP has been submitted to President Joko Widodo as the foundation for the establishment of a holding company.

"No preparation yet. Since the government regulation has not been passed, we do not dare to do anything "said PGN Corporate Secretary Rachmat Hutama after the awarding of PGN Journalism Competition in Jakarta.

IN INDONESIA

Investor Dipermudah untuk Berinvestasi

    Pemerintah terus memperbaiki iklim investasi agar investor lebih mudah dan tertarik berinvestasi di Indonesia, terutama di sektor migas. Lima perusahaan yang mengikuti dan memenangi proses tender wilayah kerja minyak dan gas konvensional menunjukkan investor yakin dengan iklim bisnis di sektor migas di Indonesia.

    Hal itu disampaikan Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar dalam acara pengumuman pemenang lelang Wilayah kerja (WK) Migas Konvensional 2017 di Jakarta.

”Presiden sangat peduli untuk membuat investor mudah berinvestasi. Lima perusahaan ini yakin bisnis migas di Indonesia,” kata Arcandra.

    Dari 10 WK yang ditawarkan, ada lima perusahaan atau konsorsium yang berminat dan mengikuti proses lelang di lima WK. Adapun lima perusahaan yang memenangi lelang itu adalah Mubadala Petroleum Ltd di WK Andaman I, Konsorsium Premier Oil Far East Limited-Krisenergy-Mubadala Petroleum Ltd di WK Andaman II, PT Tansri Madjid Energi di WK Merak Lampung, PT Saka Energi Sepinggan di WK Pekawai, dan PT Saka Energi Indonesia di WK West Yamdena.

    Dari lima WK itu, total nilai komitmen pasti, yaitu nilai pekerjaan pada 3 tahun pertama, sebesar 23,57 juta dollar AS. Selain itu, nilai bonus tanda tangan yaitu penerimaan negara bukan pajak yang menjadi kewajiban kontraktor kontrak kerja sama sebagai pemenang lelang, sebesar 3,25 juta dollar AS.

    Sementara itu, PT Perusahaan Gas Negara (Persero) Tbk belum melakukan persiapan khusus terkait rencana pemindahan saham ke PT Pertamina (Persero), terkait pembentukan perusahaan induk BUMN migas. Sambil menanti peraturan pemerintah disahkan, PGN akan berkoordinasi dengan tim implementasi.

    Rancangan Peraturan Pemerintah tentang Penambahan Penyertaan Modal Negara Republik Indonesia ke Dalam Modal Saham Perusahaan Pertamina. Rancangan PP tersebut telah diserahkan kepada Presiden Joko Widodo sebagai dasar pembentukan perusahaan induk.

”Belum ada persiapan apa-apa. Karena Peraturan Pemerintah belum disahkan, kami tidak berani melalukan apapun” ujar Sekretaris Perusahaan PGN Rachmat Hutama seusai penganugerahan Kompetisi Jurnalistik PGN di Jakarta.

    Rachmat menjelaskan tugas tim implementasi antara lain adalah menyiapkan segala hal yang mendukung proses pembentukan perusahaan induk.

Kompas, Page-17, Thursday, Feb 1, 2018

Local Domination Winner of Oil and Gas Block

    The implementation of the gross split scheme keeps the oil and gas business in Indonesia attractive. The Ministry of Energy and Mineral Resources (ESDM) announced the winning bidding for five oil and gas blocks or working areas (WK) of the first phase of 2017. Two companies of which are foreign oil and gas companies.

Arcandra Tahar

 
    EMR Deputy Minister of Energy and Mineral Resources, Arcandra Tahar, admitted that the auction winner is proof that five oil and gas companies are interested in oil and gas business in Indonesia.

"Some companies see the implementation of gross split, some still misunderstand about gross split," he said during the announcement of the winning bidder of the oil and gas block at the Ministry of Energy and Mineral Resources.

Mubadala Petroleum (SE Asia) Ltd

     The winners of the auction of five blocks of oil and gas, among others, the Andaman Work Area I won by Mubadala Petroleum (SE Asia) Ltd. The commitment value reached USD 2.150 million with a signature bonus of USD 750 thousand. Then, WK Andaman II was won by Premier Oil Far East Ltd consortium Krissl-Energy (Andaman II) BV-Mubadala Petroleum (Andaman II ISA) Ltd. The exact commitment value of the block amounts to US $ 7,550 million with a signature bonus of USD 1 million.

    Furthermore, the Merak-Lampung Working Area was won by PT Tansri Madjid Energi. The exact commitment value reaches USD 1.325 million and the signature bonus is USD 500 thousand.

    Then, the Working Areas of Pekawai and West Yamdena Working Areas are each won by a subsidiary of PT Perusahaan Gas Negara (Persero) Tbk, which is engaged in oil and gas. Namely, PT Saka Energi Sepinggan and PT Saka Energi Indonesia. The exact commitment value of each block, is USD 10.450 million and USD 2.1 million. The signature bonus is USD 500 thousand each.

IN INDONESIA

Investor Dipermudah untuk Berinvestasi

    Penerapan skema gross split tetap membuat bisnis minyak dan gas di Indonesia diminati. Kementerian Energi dan Sumber Daya Mineral (ESDM) mengumumkan pemenang lelang untuk lima blok migas atau Wilayah kerja (WK) tahap pertama 2017. Dua perusahaan di antaranya merupakan perusahaan migas asing.

    Wakil Menteri ESDM Arcandra Tahar mengakui, ditetapkannya pemenang lelang menjadi bukti bahwa lima perusahaan migas berminat pada bisnis minyak dan gas di Indonesia.

"Beberapa perusahaan melihat implementasi gross split. Ada yang masih salah paham tentang gross split," tuturnya saat pengumuman pemenang lelang blok migas di Kementerian ESDM.

    Pemenang lelang lima blok migas tersebut, antara lain, Wilayah Kerja Andaman I yang dimenangkan Mubadala Petroleum (SE Asia) Ltd. Nilai komitmennya mencapai USD 2,150 juta dengan bonus tanda tangan USD 750 ribu. Lalu, WK Andaman II dimenangkan konsorsium Premier Oil Far East Ltd-Kriss l-Energy (Andaman II) BV-Mubadala Petroleum (Andaman II ISA) Ltd. Nilai komitmen pasti dari blok itu mencapai US$ 7,550 juta dengan bonus tanda tangan USD 1 juta.

    Selanjutnya, Wilayah Kerja Merak- Lampung dimenangkan PT Tansri Madjid Energi. Nilai komitmen pastinya mencapai USD 1,325 juta dan bonus tanda tangan USD 500 ribu.

    Lalu, Wilayah Kerja Pekawai dan Wilayah Kerja West Yamdena masing-masing dimenangkan anak usaha PT Perusahaan Gas Negara (Persero) Tbk yang bergerak dihulu migas. Yakni, PT Saka Energi Sepinggan dan PT Saka Energi Indonesia. Nilai komitmen pasti setiap blok, itu USD 10,450 juta dan USD 2,1 juta. Bonus tanda tangannya masing-masing USD 500 ribu.

Jawa Pos, Page-6, Thursday, Feb 1, 2018

PEP Target Slightly Up

    PT Pertamina Exploration and Production (PEP), a subsidiary of PT Pertamina (Persero), targets oil and gas production in 2018 to reach 253,202 barrels of oil equivalent per day (boepd).

    The production target is up slightly compared to the realization in 2017 of 253,000 boepd. This year's production target consists of 83,000 barrels per day of crude oil and 986.11 million cubic feet of gas per day (MMscfd) of natural gas.

    Pertamina EP President Director Nanang Abdul Manaf said that the company's oil production this year from Bunyu Field in North Kalimantan. Gas production still relies on projects that have been in operation.

    In some manufacturing plants PEP has shut down / halted operations in some time for engine maintenance. There are facilities undergoing shut down in Subang, DSLNG [Donggi-Snoro LNG]. DSLNG turn around [engine maintenance], we join the turn around he said when giving explanation Pertamina EP performance.

    To achieve the production target, PEP budgeted capital expenditure in 2018 of US $ 755 million. In addition to production activities, the company will conduct exploration in several oil and gas fields by drilling 16 wells.

    Nanang added that Pertamina EP is targeting revenue of US $ 2.73 billion this year. Net income is targeted at US $ 547 million. According to him, to achieve the target, the company will implement the program on time and program implementation based on the priority scale and continue the efficiency effort.

    Meanwhile, the realization of oil and gas production of Pertamina EP in 2017 amounted to 253,000 barrels of oil equivalent per day or only 96% of the target. Crude oil production in 2017 was 77,200 barrels per day (bpd) down compared to the year previously 83,632 bph. PEP gas production in 2017 of 1,018 MMscfd increased compared to the previous year 989.27 MMscfd.

    Nanang explained that the company's oil and gas production in 2017 increased from September to December when oil prices began to strengthen. There is a positive element as oil prices rise at the end of 2017 and production rises at the end of 2017.

    Pertamina EP Exploration Director Achmad Alfian Husein said Pertamina EP oil and gas reserves in 2018 are planned to be added by 23 well drilling from Asset 1-5, development planning activities (POD) from the new findings structure at Karang Makmur and Bengal Field.

IN INDONESIA

Target PEP Naik Sedikit

    PT Pertamina Eksplorasi dan Produksi (PEP), anak perusahaan PT Pertamina (Persero), menargetkan produksi minyak dan gas bumi pada 2018 sebanyak 253.202 barel setara minyak per hari (boepd).

    Target produksi tersebut naik sedikit dibandingkan dengan realisasi pada 2017 sebanyak 253.000 boepd. Target produksi pada tahun ini terdiri dari minyak mentah 83.000 barel per hari dan gas bumi 986,11 juta kaki kubik per hari (MMscfd).

    Presiden Direktur Pertamina EP Nanang Abdul Manaf mengatakan bahwa produksi minyak perseroan pada tahun ini dari Lapangan Bunyu di Kalimantan Utara. Produksi gas masih mengandalkan pada proyek-proyek yang telah beroperasi.

    Pada beberapa pabrik yang menjadi konsumen PEP mengalami shut down/menghentikan operasi dalam beberapa waktu untuk perawatan mesin. Ada fasilitas mengalami shut down di Subang, DSLNG [Donggi-Snoro LNG]. DSLNG turn around [perawatan mesin], kita ikut turn around ujarnya saat memberikan penjelasan kinerja Pertamina EP.

    Untuk mencapai target produksi tersebut, PEP menganggarkan belanja modal pada 2018 sebesar US$ 755 juta. Selain kegiatan produksi, perseroan akan melakukan eksplorasi di beberapa lapangan migas dengan mengebor 16 sumur.

    Nanang menambahkan, Pertamina EP menargetkan pendapatan pada tahun ini sebesar US$ 2,73 miliar. Laba bersih ditargetkan sebesar US$ 547 juta. Menurutnya, untuk mencapai target tersebut, perseroan akan melaksanakan program tepat waktu dan pelaksanaan program berdasarkan skala prioritas serta melanjutkan upaya efisiensi.

    Sementara itu, realisasi produksi migas Pertamina EP pada 2017 sebesar 253.000 barel setara minyak per hari atau hanya 96% dari target. Produksi minyak mentah pada 2017 sebanyak 77.200 barel per hari (bph) turun dibandingkan dengan tahun sebelumnya 83.632 bph. Produksi gas PEP pada 2017 sebanyak 1.018 MMscfd naik dibandingkan dengan tahun sebelumnya 989,27 MMscfd.

    Nanang menjelaskan, produksi migas perseroan pada 2017 meningkat sejak September-Desember ketika harga minyak mulai menguat. Ada unsur positif seiring harga minyak naik pada akhir 2017 dan produksi naik di akhir 2017.

    Direktur Eksplorasi Pertamina EP Achmad Alfian Husein mengatakan, cadangan migas Pertamina EP pada 2018 direncanakan ditambah melalui 23 pengeboran sumur dari Asset 1-5, aktivitas pembuatan rencana pengembangan (POD) dari struktur temuan baru di Lapangan Karang Makmur dan Benggala.

Bisnis Indonesia, Page-30, Thursday, Feb 1, 2018