SKK Migas Spurs LNG Sales

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) will take aggressive steps in selling liquefied natural gas (LNG) while at the same time reducing production or curtailment in 2020.

Deputy of Finance and Monetization of SKK Migas Arief Setiawan Handoko hopes that the reduction in gas production (curtailment) will no longer be repeated in 2020. Because, one of the impacts of the curtailment in 2019 is the production performance of ready to sell (lifting) recorded only 5,934 million cubic feet per day (MMscfd), below the state budget target of 7,000 MMscfd.

"This year we are trying to avoid curtailment and sell the products as soon as possible," he said.

Last year, global LNG price pressures caused national LNG producers to cancel some of their production to avoid losses. Throughout 2019, SKK Migas successfully marketed 229.1 LNG cargo standards spread out with details of 168.6 cargoes to the export market and 60.5 cargoes to the domestic market. The LNG supply comes from 111.7 cargo Bontang refinery and 117.4 cargo Tangguh refineries.

Meanwhile, SKK Migas targets LNG production to reach 211.9 cargo standards, namely from Tangguh Refinery 122.35 cargo standards and Bontang 89.6 cargo standards by 2020.

This LNG production target is lower and the realization of production or last year's target. Arief added that the entire planned LNG production volume had been contracted or there were no remaining cargo (uncommitted cargo).

In addition to marketing LNG, SKK Migas also encourages pipeline gas distribution in accordance with the contract. Admittedly, domestic gas distribution is increasing, but some of them are still under contract. For example, such as the use of natural gas for the industrial sector, a contract of 1,910.58 BBTud was recorded, while only those that were realized.

A total of 1,600.12 BBTud, in addition, the electricity sector with contracts 1,151.22 BBTud, while 849.44 BBtud were realized. Likewise, for the fertilizer sector, gas contracts are recorded.

A total of 830.27 BBTud, while 748 BBTud was channeled, the export of piped gas was also recorded under the contract awarded with 723.99 BBTud from the contract of 809.85 BBTud. On the other hand, SKK Migas Head Dwi Soetjipto hopes that world LNG prices continue to improve. According to him in the last tender in 2019, the prices recorded had gone up by around 11.6%, with Brent valued at the US $ 8 per MMBTU.

"Indeed, sometimes prices are very low because of the situation. So the warming of Iran - the United States has caused prices to rise, "he said.

Meanwhile, SKK Migas also prioritized the domestic market after the contract with Westem Buyer Extension (WBX) ended in 2020. Arief Setiawan Handoko said that his party would offer it to domestic buyers before marketing it overseas. According to him, the step was taken to provide added value to the domestic industry.

"Domestic only. For example, selling cheap is okay, enjoying the local industry. "Instead of being sold on the cheap spot market abroad, it's better to sell cheap in the country," he said.

At present, SKK Migas continues to look for buyers to replace WBX. This was taken after LNG buyers on Japan's west coast were not expected to renew their LNG purchase contracts from the Bontang refinery, which expires at the end of 2019.

Actually, SKK Migas has made offers to WBX since last year, but until now there has been no agreement with these buyers. The WBX is a sales contract represented by five companies on the west coast of Japan. These five companies are Chubu Electric Co., Kansai Electric Power Co., Kyushu Electric Power Co., Nippon Steel Corp., and Osaka Gas Co. Ltd.

The LNG supply is brought from the Bontang LNG Plant which is operated by Badak LNG. Difficult negotiations with the WBX occurred regarding the LNG price agreement. Arief admitted that not all WBX members would agree to extend their contracts with Indonesia.

"When we will start renegotiating again after getting the price reference from the sale at the end of 2019," he added.

On the other hand, Wood Mackenzie, a global energy consultant, said market liberalization and low spot LNG prices had given birth to new players.

Principal Analyst WoodMac Asti Asra said lower spot LNG prices have made buyers look for ways to get cheaper access.

   According to him, in 2020, many companies will directly seek LNG directly to the spot market with short and medium-term agreements. On the other hand, gas demand growth in China has slowed by around 9% in 2019 compared to the previous year of 17%. The trade war is said to have a domino effect on the Chinese economy.

Woodmac Senior Manager Miaoni Huang said that with the power of the Siberian pipeline operating and having the first gas flowing from Russia to northern China, the need for winter LNG could be cut.

"In addition, domestic gas production is still increasing at a faster pace than in previous years. If this continues in 2020, gas imports will face slower growth. "

Bisnis Indonesia, Page-20, Tuesday, Jan 14, 2020

Pertamina Continues to Work on Rokan

Oil production from the Rokan Block in Indonesia continues to decline by 20,000 barrels per day due to the absence of well drilling activities since 2018. To withstand the natural decline, PT Pertamina will drill 20 wells in the Rokan Block in 2020.

the Rokan Block

Pertamina Corporate Communication Vice President Fajriyah Usman said the target for drilling 20 wells in the Rokan Block was an initial assumption set by the state-owned oil and gas company.

Fajriyah Usman

"As an initial assumption to withstand the rapid rate of natural decline (natural decline), said Fajriyah.

Fajriyah explained that, despite having an initial assumption of the number of drilling wells in the Rokan Block, the true number of development wells was still under technical study by Pertamina's management. 

    Previously, Pertamina targeted the development well drilling to be carried out at the end of 2020. Now, so that the target could be realized faster, Pertamina continued to make the transition process between Pertamina as the operator of the Rokan Block after the Chevron Pacific Indonesia (CPI) contract which expires in 2021 could be immediately resolved.

Fajriyah explained, to date both Pertamina and Chevron continue to discuss finalization of the Rokan Block transition. According to him, there are still a number of important points that must be resolved as soon as possible by both parties. But Fajriyah was still not willing to explain in detail about these points.

"(In addition) we have also prepared investments," explained Fajriyah without being willing to disclose the value of the investment prepared.

Deputy of the Special Keqa Planning Unit Implementing the Upstream Oil and Gas Business Activities (SKK Migas) Jafee Suardin Arizon said the transition to the management of the Rokan Block depends on the results of talks between Pertamina and Chevron.

"We only help set up a joint program with Pertamina. Later we will see what business to business results will be like," he said

Jafee said, if the B to B discussions between the two parties were completed, Pertamina could immediately start the drilling and investment plan in the Rokan Block. The drilling of wells in this block is targeted to start in the third quarter of 2020 and will be carried out in stages. The transition process over the management of the Rokan Block has become one of the focuses of the government in 2020.

Arifin Tasrif

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif emphasized that the transition process from Chevron Pacific Indonesia to Pertamina could be completed in 2020. Arifin said he was pushing for accelerated implementation of the oil and gas drilling process in the block located in Riau Province. Of the 72 drilling well targets in the Rokan Block, at least Pertamina has been able to do 20 drilling this year. Thus, it is expected that the rate of decline will not deepen.

IN INDONESIA

Pertamina Terus Upayakan Garap Rokan

Produksi minyak dari Blok Rokan di RIau terus merosot 20.000 barel per hari akibat tidak adanya kegiatan pemboran sumur sejak tahun 2018. Untuk menahan laju penurunan alamiah atau natural decline tersebut, PT Pertamina akan melakukan pemboran 20 sumur di Blok Rokan pada tahun 2020 ini. 

    Vice President Corporate Communication Pertamina Fajriyah Usman mengatakan, target pemboran 20 sumur di Blok Rokan merupakan asumsi awal yang dipasang oleh perusahaan migas milik negara ini. 

"Sebagai asumsi awal untuk menahan deras laju penurunan alamiah (natural decline), kata Fajriyah.

Fajriyah menjelaskan, meskipun telah memiliki asumsi awal jumlah pengeboran sumur di Blok Rokan, sejatinya jumlah sumur pengembangan masih dalam kajian teknis oleh manajemen Pertamina. Sebelumnya, Pertamina menargetkan pemboran sumur pengembangan dilakukan di akhir tahun 2020. 

    Nah, supaya target tersebut bisa Iebih cepat terealisasi, Pertamina terus mengupayakan agar proses transisi antara Pertamina sebagai operator Blok Rokan setelah kontrak Chevron Pacific Indonesia (CPI) yang habis di tahun 2021 bisa segera diselesaikan. 

Fajriyah menjelaskan, hingga saat ini baik Pertamina dan Chevron masih terus melakukan diskusi finalisasi mengenai transisi Blok Rokan. Menurut dia, masih ada sejumlah poin penting yang harus diselesaikan sesegera mungkin oleh kedua pihak. Namun Fajriyah masih belum bersedia menjelaskan secara rinci seputar poin-poin tersebut. 

"(Selaln itu) investasi juga telah kami siapkan," terang Fajriyah tanpa bersedia membeberkan nilai investasi yang disiapkan.

Deputi Perencanaan Satuan Keqa Khusus Pelaksana kegiatan Usaha Hulu Minyak dan gas Bumi (SKK Migas) Jafee Suardin Arizon mengatakan, transisi alih kelola Blok Rokan bergantung pada hasil pembicaraan antara Pertamina dan Chevron. 

"Kami hanya membantu menyiapkan program bersama dengan Pertamina. Nanti kami lihat hasil business to business seperti apa," ujar dia.

Jafee menuturkan, jika pembahasan B to B kedua belah pihak rampung, maka Pertamina dapat segera memulai rencana pengeboran dan investasi pada Blok Rokan. Adapun pengeboran sumur di blok ini ditargetkan mulai kuartal III-2020 dan dilakukan secara bertahap. Proses transisi alih kelola Blok Rokan menjadi salah satu fokus pemerintah tahun 2020 ini. 

Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif menekankan, agar proses transisi dari Chevron Pacific Indonesia ke Pertamina bisa selesai tahun 2020. Arifin mengatakan, pihaknya mendorong percepatan pelaksanaan proses pemboran migas di blok yang terletak di Provinsi Riau itu. 

     Dari target pengeboran 72 sumur di Blok Rokan, paling tidak Pertamina sudah bisa melakukan 20 pengeboran pada tahun ini. Dengan demikian, diharapkan laju penurunan tidak semakin dalam.

Kontan, Page-14, Monday, Jan 13, 2020

Minister of EMR Finalizes Collaboration with UAE

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif held a working visit to Abu Dhabi, United Arab Emirates (UAE) on Saturday (11/1) to Tuesday (1/14). The work visit precedes the planned visit of President Joko Widodo (Jokowi) on Sunday (12/1) to witness the signing of several business cooperation agreements in the energy and mineral resources sector.

According to the Head of the Communication, Public Information Service and Cooperation Bureau of the Ministry of Energy and Mineral Resources, Agung, the signed business cooperation document will be exchanged at the United Arab Emirates Presidential Office, Qasr Alwatan and witnessed by the two heads of state. 

    During his visit, Minister Arifin had a meeting with the Minister of State of the United Arab Emirates, as well as the CEO of the Abu Dhabi National Oil Company (Adnoc). The meeting also discussed the exploration of cooperation between PT Pertamina with Adnoc and Mubadala.

"At present, all documents are brought by Adnoc and Mubadala. If both parties agree, a 12 January 2020 cooperation agreement will be signed in Abu Dhabi," Agung said.

In addition, the Minister of Energy and Mineral Resources has also witnessed the signing of the Addendum of Memorandum of Understanding (MoU) between Emirates Global Aluminum (EGA) and PT Indonesia Asahan Aluminum (lnalum) regarding technology transfer that will be beneficial in increasing mining production.

IN INDONESIA

Menteri ESDM Finaslisasi Kerjasama dengan UEA

Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif menggelar kunjungan kerja ke Abu Dhabi, Uni Emirat Arab (UEA) pada Sabtu (11/1) hingga Selasa (14/1). Adapun kunjungan kerja tersebut mendahului rencana kunjungan kenegaraan Presiden Joko Widodo (Jokowi) pada Minggu (12/1) untuk menyaksikan beberapa penandatanganan kerjasama bisnis di sektor energi dan Sumber daya mineral.

Menurut Kepala Biro Komunikasi, Layanan Informasi Publik, dan Kerjasama Kementerian ESDM Agung Pribadi, dokumen kerjasama bisnis yang telah ditandatangani itu akan dipertukarkan di lstana Kepresidenan Uni Emirat Arab, Qasr Alwatan dan disaksikan kedua kepala negara. 

    Dalam kunjungannya, Menteri Arifin sempat melakukan pertemuan dengan Minister of State Persatuan Emirat Arab, sekaligus CEO Abu Dhabi National Oil Company (Adnoc). Dalam pertemuan itu juga dibahas mengenai penjajakan kerjasama antara PT Pertamina dengan Adnoc dan Mubadala. 

"Saat ini semua dokumen dibawa oleh Adnoc dan Mubadala. Bila kedua pihak sepakat, akan dilakukan penandatangan kerjasama 12 Januari 2020 di Abu Dhabi," kata Agung.

Selain itu, Menteri ESDM juga telah menyaksikan penandatangan Addendum of Memorandum of Understanding (MoU) antara Emirates Global Aluminium (EGA) dan PT Indonesia Asahan Aluminium (lnalum) mengenai transfer teknologi yang akan bermanfaat dalam meningkatkan produksi pertambangan.

Kontan, Page-14, Monday, Jan 13, 2020

Government to Open Auction for Oil and Gas Block 2020

The government will hold a phase 1 auction of Working Areas (WK) this year in the first quarter. In this auction, the government will again offer the production sharing contract / PSC investment cost scheme, in addition to the gross split scheme (gross split), Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif said, both schemes PSC auction will be offered to investors in this 2020 oil and gas block auction.

"We have been able to use two oil and gas contract schemes. But we are currently fixing the cost recovery provisions. We justified the one that didn't quite fit, "he said in Jakarta.

Regarding the oil and gas blocks to be auctioned, Acting Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources, Djoko Siswanto, added that he could not confirm the amount.

The reason is, that his party is still waiting for the results of his study with the Geological Agency and the Work Unit for Upstream Oil and Gas Business Activities (SKK Migas) related to which oil and gas blocks are ready to be auctioned. Oil and gas blocks that were not in demand at last year's auction will also be auctioned again in 2020.

Blogger Agus Purnomo in SKK Migas

"Yes [the oil and gas block] yesterday that was not in demand was auctioned again. Maybe the auction will be in the first quarter, "said Djoko.

Unfortunately, Djoko did not specify which blocks will be re-auctioned. For information, there are eight oil and gas blocks that are not in demand by investors at the three auction stages held in 2019. The details are West Kampar, West Kaimana, Kutai, Bone, East Gebang, West Tanjung I, Belayan I, and Cendrawasih VIII blocks.

Cendrawasih VIII blocks

The West Kampar Block, located on mainland Riau and North Sumatra, has oil and gas resources of 4.3 billion barrels of oil stock. West Kaimana Block The oil resources of this block are 2.44 billion barrels and 4.64 trillion cubic feet of gas.

Furthermore, the East Gebang Block has 6 prospects and 7 leads with an estimated 1.36 trillion cubic feet. This block is also adjacent to production facilities and infrastructure in the Gebang Block and Glagah Kambuna.

West Tanjung I Block has 6 leads with an estimated 150 million barrels of oil resources. This block is adjacent to several blocks that have good facilities and can be tied in with the Karendan and Tanjung Blocks.

The Belayan I Block has a proven basin with an estimated resource of 2.59 billion barrels of oil. In this block, there are at least three types of play, namely structural, stratigraphic, and combination, where 4 prospects and 10 leads are identified.

Belayan I Block is also adjacent to existing production facilities. The Cendrawasih VIII block in Papua is estimated to have gas resources of 3.84 trillion cubic feet and 1.02 billion barrels of oil. This block is located in a remote area and lacks facilities.

Investor Daily, Page-9, Monday, Jan 13, 2020

Pertamina Is Expected to Increase Lifting This Year

The Executive Director of the Center for Energy Policy, M. Kholid Syeirazi, said that in 2020 Pertamina was expected to be able to increase lifting, considering that the BUMN's performance in 2019 succeeded in exceeding the oil lifting target.

"I appreciate the achievement of Pertamina's achievement which exceeded last year's lifting target. For this reason, in 2020 I hope Pertamina can be more aggressive and dare to take risks to explore new areas, "he said as quoted by Antara.

Towards the end of 2019, Pertamina's oil lifting through Pertamina EP reached 29,939,653 BBL and Gas 272,954 MMSCF. Specifically for Pertamina EP Asset 3, it succeeded in producing 13,092 BOPD, equivalent to 100.6 percent of the WP&B target, while gas production reached 262 MMSCFD.

Based on that, Kholid believes that in 2020 Pertamina can increase lifting even more, but to achieve that, the company must be more daring to explore in new field areas.

Kholid added that the achievement could not be separated from the application of technology and human resources (HR) used by the state gas company. However, the use of high technology will impact Pertamina's high production costs. Besides that, the assignment of factors in a number of fields or oil and gas blocks was the trigger for Pertamina's success last year.

the Cepu Block

"This assignment factor has increased the amount of oil and gas production, one of which is the Cepu Block, which has contributed greatly to Pertamina. Not only Pertamina, but the Cepu Block production also contributes to the National oil and gas production, "he said.

IN INDONESIA

Pertamina Diharapkan Tingkatkan Lifting Tahun Ini

Direktur Eksekutif Center for Energy Policy, M. Kholid Syeirazi, mengatakan pada 2020 Pertamina diharapkan bisa lebih meningkatkan lifting mengingat kinerja BUMN tersebut pada 2019 berhasil melampaui target lifting minyak.

“Saya mengapresiasi hasil pencapaian Pertamina yang berhasil melampaui target (lifting) tahun lalu. Untuk itu, tahun 2020 ini saya harap Pertamina bisa lebih agresif dan berani mengambil resiko (taking risk) untuk melakukan eksplorasi di wilayah-wilayah lapangan baru,” katanya seperti dikutip Antara.

Menjelang akhir 2019, lifting minyak Pertamina melalui Pertamina EP mencapai 29.939.653 BBL dan Gas 272.954 MMSCF. Khusus untuk Pertamina EP Asset 3, berhasil memproduksi 13,092 BOPD atau setara dengan 100,6 persen target WP&B, adapun produksi gas mencapai 262 MMSCFD. 

Berdasarkan hal itu, Kholid yakin pada 2020 Pertamina bisa lebih meningkatkan lifting tetapi untuk mencapai itu, perusahaan harus lebih berani melakukan eksplorasi di wilayah-wilayah lapangan baru. 

Kholid menambahkan, pencapaian itu tidak bisa lepas dari penerapan teknologi dan Sumber Daya Manusia (SDM) yang digunakan oleh perusahaan gas negara ini. Namun, penggunaan teknologi tinggi, akan berdampak tingginya cost produksi Pertamina. Selain itu faktor alih tugas sejumlah lapangan atau blok migas, jadi pemicu keberhasilan Pertamina di tahun lalu.

“Faktor alih tugas ini menambah jumlah produksi Migas, salah satunya Blok Cepu yang memberikan kontribusi sangat besar bagi Pertamina. Tidak hanya Pertamina, produksi Blok Cepu ini juga memberikan kontribusi bagi produksi migas Nasional,” katanya.

Investor Daily, Page-9, Monday, Jan 13, 2020

POD Sakakemang Completed in the First Quarter

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is targeting the Sakakemang Block Plan of Development / POD to be completed in the first quarter of 2020.

the Sakakemang Block

SKK Migas Planning Deputy Jafee Suadin said that his office was speeding up the completion of the Sakakemang Block POD. For this reason, his party will meet with Repsol to discuss the POD preparation.

Repsol

"But I have to meet with Repsol," he said at the ESDM Ministry Office.

In his presentation on the 2019 SKK Migas Performance and 2020 Plan, Jafee mentioned the Sakakemang Block POD completion target in the quarter I / 2020.

"The Sakakemang Block was announced in January 2019, when seen on average from discovery to POD to full stream it can be 10-15 years. Our target for the first quarter of 2020 can be POD in Sakakemang, "he said.

Lemigas

However, Repsol is still waiting for the issuance of 1 TCF proven reserve certification from the Center for Research and Development of Oil and Gas Technology (Lemigas) before discussing the development plan.

Previously, Repsol as a new operator in the Sakakemang Block submitted a proven reserve certification of 1 TCF from the potential proven reserves of 2 TCF. Previously, SKK Migas Head Dwi Sutjipto said the number of delineation wells in the field development in Sakakemang Block was not too much. 

    For information, delineation wells are wells drilled with the aim of setting oil and gas reservoir limits and well productivity. If according to plan, the field will start producing (on-stream) in 2021.

IN INDONESIA

POD Sakakemang Rampung Kuartal I

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menargetkan rencana Plan Of Development/POD Blok Sakakemang dapat rampung pada kuartal I/2020. 

Deputi Perencanaan SKK Migas Jafee Suadin mengatakan pihaknya sedang mempercepat penyelesaian POD Blok Sakakemang. Untuk itu, pihaknya akan bertemu dengan Repsol untuk membahas penyusunan POD.

“Tapi saya harus ketemu dengan Repsol,” katanya di Kantor Kementerian ESDM.

Dalam paparan Kinerja SKK Migas 2019 dan Rencana 2020, Jafee menyebut target penyelesaian POD Blok Sakakemang pada kuartlal I/2020.

“Blok Sakakemang diumumkan discovery Januari 2019, kalau dilihat rata-rata dari discovery sampai POD ke full stream bisa 10-15 thn. Target kami kuartal I/2020 ini bisa ada POD di Sakakemang,” katanya.

Namun Repsol masih menunggu penerbitan sertifikasi cadangan terbukti 1 TCF dari Pusat Penelitian dan Pengembangan Teknologi Minyak dan Gas Bumi (Lemigas) sebelum membahas nencana pengembangan. 

Sebelumnya, Repsol sebagai operator baru di Blok Sakakemang mengajukan sertiflkasi cadangan terbukti sebesar 1 TCF dari potensi cadangan terbukti 2 TCF.  Sebelumnya, Kepala SKK Migas Dwi Sutjipto mengatakan jumlah sumur delineasi dalam pengembangan lapangan di Blok Sakakemang belum terlalu banyak. 

    Sebagai informasi, sumur delineasi adalah sumur yang dibor dengan tujuan menetapkan batas reservoir minyak dan gas bumi dan produktivitas sumur. Apabila sesuai rencana, lapangan tersebut sudah mulai berproduksi (on-stream) pada 2021.

Bisnis Indonesia, Page-20, Monday, Jan 13, 2020

Rokan and Cepu Blocks Become the Mainstay of Lifting 2020

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) stated that the achievement of the 2020 oil lifting target of 755 thousand barrels per day (BPD) depends on the success of the Rokan Block transition and the revised environmental impact analysis (Amdal) of the Cepu Block. Because, there is still a difference of 50 thousand BPD between the proposed target of oil and gas producers and the state budget.

Dwi Soetjipto

Head of SKK Migas Dwi Soetjipto said that the proposed oil production from the cooperation contract contractor (KKKS) based on technical conditions was still recorded at 705 thousand BPD. While the oil production target set in the 2020 APBN reaches 775 thousand BPD. Thus, it still has to look for additional oil production of up to 50,000 BPD. According to him, additional production in the Rokan Block and the Cepu Block could help to sharpen the difference.

the Cepu Block

"If Pertamina enters into investing in the Rokan Block, then the 50 thousand BPD gap can be reduced. For the Cepu Block, we are preparing a revised Environmental Impact Analysis (EIA) so that production can be increased to 235 thousand BPD, "he said in Jakarta.

the Rokan Block 

Dwi explained, PT Pertamina (Persero) could work on the Rokan Block after having an agreement on the implementation of the management transition with PT Chevron Pacific Indonesia (CPI). He hopes that the discussion will shrink at the beginning of this year so that the management of the Rokan Block can be started sooner.

"We will give this transition process in such a way that it does not interfere with the optimization of oil and gas production and lifting," he said.

ExxonMobil Cepu Limited (EMCL) FIELD

Regarding the Cepu Block, the existing Amdal limits the maximum production of the block to 220 thousand BPD. Last year the production of the Banyu Urip Field, the Cepu Block had reached 209 thousand BPD. In fact, ExxonMobil Cepu Limited (EMCL) has started oil production at the Kedung Keris Field at the end of last year. The current field of oil production is around 5,000 BPD and could reach 10,000 BPD.

"If it does not succeed in raising [the production limit] at Amdal, we must limit [production] to a maximum of 220 thousand BPD," Dwi said.

Deputy Head of SKK Migas Fatar Yani Abdurrahman added the transition to the management of the Rokan Block should have started last year. However, Pertamina and CPI business to business negotiations are very complicated because they involve state revenues, so they require more time. SKK Migas will encourage this negotiation to finish in January.

"So drilling 70 wells in 2020 can occur. If Pertamina enters, it can increase the production of the Rokan Block. If it can reach 20 thousand, it is fine, "he explained.

the Offshore North West Java (ONWJ)

In addition to the Rokan Block and the Cepu Block, additional oil production can also be obtained by the Offshore North West Java (ONWJ) Block. This was done by redeveloping the YY Field which was delayed last year due to the oil eruption incident.

"This is accelerated from relief well to production well so that it can help increase oil production," he said.

Another effort is to ensure that the planned activities in 2020 run according to the target. This year, the upstream work plan that will be carried out is the workover of 837 wells, maintenance of 28,163 wells activities, drilling of 395 well development wells, and 61 exploration wells. If it is fully implemented, he is optimistic that the additional oil production produced will help reduce the difference of 50 thousand BPD.

"If the workover goes according to the target, then there will be an increase in production from the Banyu Urip Block, the ONWJ Block, and the Rokan Block, an additional 50 thousand BPD may be possible. At least to reach 755 thousand BPD is not too far away, "he explained.

In 2020, the national oil and gas lifting was set at 1.95 million barrels of oil equivalent per day / boepd, up slightly from last year's realization of 1.8 million boepd. Specifically, oil production rose to 755 thousand barrels per day (BPD) from the realization of 746 thousand BPD, and gas to 1.19 million boepd from the realization of 1.06 million boepd. While upstream oil and gas investment is targeted at the US $ 13.8 billion.

IN INDONESIA

Blok Rokan dan Cepu Menjadi Andalan Lifting 2020

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menyatakan pencapaian target lifting minyak 2020 sebesar 755 ribu barel per hari (bph) bergantung pada keberhasilan transisi Blok Rokan dan revisi analisis dampak lingkungan (Amdal) Blok Cepu. Pasalnya, masih ada selisih 50 ribu bph antaran target usulan produsen migas dan APBN.

Kepala SKK Migas Dwi Soetjipto mengatakan, usulan produksi minyak dari kontraktor kontrak kerja sama (KKKS) berdasarkan kondisi teknis tercatat masih sebesar 705 ribu bph. Sementara target produksi minyak yang ditetapkan dalam APBN 2020 mencapai 775 ribu bph. Sehingga, pihaknya masih harus mencari tambahan produksi minyak hingga 50 ribu bph. Menurut dia adanya tambahan produksi di Blok Rokan dan Blok Cepu bisa membantu memperkceil selisih tersebut. 

“Kalau Pertamina masuk ikut investasi di Blok Rokan, maka gap 50 ribu bph itu bisa berkurang. Untuk Blok Cepu, kami sedang siapkan revisi Analisis mengenao Dampak Lingkungan (Amdal) agar produksi bisa dinaikkan ke 235 ribu bph,” kata dia di Jakarta.

Dwi menjelaskan, PT Pertamina (Persero) bisa ikut menggarap Blok Rokan setelah memiliki kesepakatan pelaksanaan transisi pengelolaan dengan PT Chevron Pacific Indonesia (CPI). Pihaknya berharap pembahasan tersebut bisa mengecil di awal tahun ini sehingga alih kelola Blok Rokan bisa dimulai lebih cepat.

“Kami akan memberi masukkan proses peralihan ini sedemikian rupa sehingga tidak mengganggu optimalisasi produksi dan lifting migas,” ujarnya. 

Terkait Blok Cepu, Amdal yang ada saat ini membatasi produksi maksimal blok tersebut sebesar 220 ribu bph. Tahun lalu produksi Lapangan Banyu Urip, Blok Cepu telah mencapai 209 ribu bph. Padahal, ExxonMobil Cepu Limited telah memulai produksi minyak di Lapangan Kedung Keris pada akhir tahun lalu. Produksi minyak lapangan tersebut saat ini sekitar 5 ribu bph dan bisa mencapai 10 ribu bph.

“ Kalau tidak berhasil menaikkan [batasan produksi] di Amdal, kami harus batasi [produksi] maksimum 220 ribu bph,” tutur Dwi.

Wakil Kepala SKK Migas Fatar Yani Abdurrahman menambahkan, transisi pengelolaan Blok Rokan seharusnya dimulai pada tahun lalu. Namun, negosiasi bisnis (business to business) Pertamina dan CPI sangat rumit lantaran menyangkut pendapatan negara, sehingga memerlukan waktu lebih lama. SKK Migas akan mendorong negosiasi ini selesai di Januari.

“Jadi pengeboran 70 sumur di 2020 bisa terjadi. Kalau Pertamina masuk, bisa menambah produksi Blok Rokan. Kalau bisa mecapai 20 ribu sudah lumayan,” jelasnya. 

Selain Blok Rokan dan Blok  Cepu, tambahan produksi minyak juga bisa diperoleh Blok Offshore North West Java (ONWJ). Hal ini dilakukan dengan melakukan pengembangan kembali Lapangan YY yang tertunda di tahun lalu lantaran insiden semburan minyak. 

“Ini diakselerasi dari relief well ke production well, sehingga bisa membantu naikkan produksi minyak,” ujar dia.

Upaya lainnya yakni dengan memastikan rencana kegiatan di 2020 berjalan sesuai target. Pada tahun ini, rencana kerja hulu yang akan dilakukan yakni kerja ulang (workover) 837 sumur, perawatan sumur 28.163 kegiatan, pengeboran sumur pengembangan 395 sumur, dan sumur eksplorasi 61 sumur. Jika terlaksana seluruhnya, dia optimistis tambahan produksi minyak yang dihasilkan bisa membantu mengurangi selisih 50 ribu bph.

“Kalau workover berlangsung sesuai target, kemudian ada peningkatan produksi dari Blok Banyu Urip, Blok ONWJ, dan Blok Rokan, mungkin bisa dicapai tambahan 50 ribu bph. Paling tidak untuk mencapai 755 ribu bph tidak terlalu jauh,” papar dia.

Pada 2020, lifting migas nasional justru ditetapkan 1,95 juta barel setara minyak per hari/boepd, naik sedikit dari realisasi tahun lalu 1,8 juta boepd. Rincinya, produksi minyak naik menjadi 755 ribu barel per hari (bph) dari realisasi 746 ribu bph, serta gas menjadi 1,19 juta boepd dari realisasi 1,06 juta boepd. Sementara investasi hulu migas ditargetkan sebesar US$ 13,8 miliar.

Investor Daily, Page-9, Saturday, Jan 11, 2020

Ask Sinopec to Immediately Build Oil Depot, Riau Islands Governor Surati President Jokowi

Acting Governor of Riau Islands (Kepri) Isdianto continues to encourage the development of an oil storage depot (Batam storage) in Batam, Riau Islands to be realized immediately. For this reason, Isdianto also sent a letter to the central government to support the project which has been delayed since 2012. 

the President Joko Widodo (Jokowi)

    In his letter to President Joko Widodo (Jokowi) dated January 7, 2020, Isdianto said that the construction of the oil depot in the Westpoint Maritime Industrial Park area would encourage job creation and have a positive impact on the economy in the Riau Islands Province, particularly in the city of Batam.

"We hope that the construction of the oil depot which has been delayed can be realized soon. The company has also obtained permits in accordance with the provisions of the applicable laws and regulations and is one of the Direct Investment Construction Areas (KLIK) that has been determined by the Investment Coordinating Board (BKPM), "Isdianto said in his letter.

As is known, the construction of this oil depot reaches the US $ 841 million or around Rp. 11.77 trillion (exchange rate of Rp. 14,000 / US $). The owner of the oil depot development project is PT West Point Terminal (WPT), a joint venture company between PT Mas Capital Trust and Sinomart KTS Development Limited.

Sinomart, which controls 95 percent of shares in WPT, is a subsidiary of Sinopec, a Chinese state-owned company. Isdianto hopes with the acceleration of oil depot development in Batam can increase investor confidence in the investment climate in Batam and will attract other global investors. Moreover, Batam is one of the parameters of investment in Indonesia.

"The realization of the construction of an oil depot owned by investors such as Sinopec from China will have a wide impact on the interests of other investors. We ask Sinopec to immediately build an abandoned oil depot since 2012, "Isdianto stressed.

The Riau Islands Governor's letter was also addressed to a number of ministers in the advanced cabinet. Among them is the Coordinating Minister for Maritime Affairs and Investment, the Coordinating Minister for the economy and the Head of the Investment Coordinating Board (BKPM). 

     Syamsul Bahrum, secretary of the investment acceleration of the regional government of the Riau Islands confirmed the existence of a letter sent by the Governor of Riau Islands to President Jokowi.

According to him, the letter related to the request of central government support was part of the Riau Islands government's effort to complete abandoned investment projects. The Riau Islands government hopes that the support of the president and the central government will encourage investors like Sinopec to immediately implement their investment plans. Moreover, the position of Batam as an investment destination and investment success parameters in Indonesia.

"President Jokowi's support is very important considering that this investment also involves foreign investors. The development of investment in Batam will also be very positive for the national economy, "he said.

IN INDONESIA

Minta Sinopec Segera Bangun Depo Minyak, Gubernur Kepulauan Riau Surati Presiden Jokowi

Pelaksana Tugas Gubernur Kepulauan Riau (Kepri) Isdianto terus mendorong pembangunan depo minyak (oil storage) di Batam, Kepulauan Riau agar segera terwujud. Untuk itu, Isdianto pun mengirimkan surat kepada pemerintah pusat agar mendukung proyek yang sudah tertunda sejak tahun 2012 tersebut. 

    Dalam suratnya kepada Presiden Joko Widodo (Jokowi) tertanggal 7 Januari 2020 itu, Isdianto menyampaikan bahwa pembangunan depo minyak di kawasan Westpoint Maritime Industrial Park itu akan mendorong terciptanya lapangan kerja serta memberikan dampak positif bagi perekonomian di Provinsi Kepulauan Riau, khususnya di kota Batam.

“Kami mengharapkan kiranya pembangunan depo minyak yang telah tertunda tersebut dapat segera direalisasikan. Pihak perusahaan juga telah memperoleh izin-izin sesuai dengan ketentuan peraturan perundangan yang berlaku dan merupakan salah satu Kawasan langsung Investasi Konstruksi (KLIK) yang telah ditetapkan oleh Badan Koordinasi Penanaman Modal (BKPM),” ujar Isdianto dalam suratnya.

Seperti diketahui, pembangunan depo minyak ini nilainya mencapai US$ 841 juta atau sekitar Rp 11,77 triliun (kurs Rp 14.000/US$). Pemilik proyek pembangunan depo minyak adalah PT West Point Terminal (WPT), perusahaan joint venture antara PT Mas Capital Trust dan Sinomart KTS Development Limited. 

Sinomart yang menguasai 95 persen saham di WPT, merupakan anak usaha dari Sinopec, perusahaan BUMN berasal Tiongkok. Isdianto berharap dengan percepatan pembangunan depo minyak di Batam dapat meningkatkan kepercayaan investor terhadap iklim investasi di Batam dan akan menarik investor global lainnya. Apalagi Batam adalah salah satu parameter investasi di Indonesia.

“Realisasi pembangunan depo minyak milik investor seperti Sinopec dari Tiongkok itu akan berdampak luas terhadap minat investor lainnya. Kami minta Sinopec segera untuk membangun Depo minyak yg terlantar sejak 2012 “ tegas Isdianto.

Surat Gubernur Kepri ini juga ditujukan ke sejumlah menteri di kabinet maju. Diantaranya Menteri Koordinator Kemaritiman dan Investasi, Menteri Koordinator perekonomian dan Kepala Badan Koordinasi Penanaman Modal (BKPM). Syamsul Bahrum, sekretaris percepatan investasi pemerintah daerah Kepri membenarkan adanya surat yang dikirimkan Gubernur Kepri kepada Presiden Jokowi itu. 

Menurutnya, surat terkait permintaan dukungan pemerintah pusat itu merupakan bagian dari upaya pemerintah Kepri untuk menyelesaikan proyek-proyek investasi yang terbengkalai. Pemerintah Kepri berharap dukungan presiden dan pemerintah pusat akan mendorong investor seperti Sinopec untuk segera menjalankan rencana investasinya. Apalagi posisi Batam sebagai salah satu wilayah tujuan investasi dan parameter keberhasilan investasi di Indonesia.

“Dukungan Presiden Jokowi sangat penting mengingat investasi ini juga melibatkan investor asing. Berkembangnya investasi di Batam tentu juga akan sangat positif bagi ekonomi nasional,” ujarnya.

Investor Daily, Page-9, Saturday, Jan 11, 2020