google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 All Posts - MEDIA MONITORING OIL AND GAS -->

Petronas Interested in Working on the Masela Block


    The Special Task Force for Upstream Oil and Gas Activities (SKK Migas) stated that a Malaysian oil and gas company, Petronas, expressed interest in working on the Masela Block, replacing Shell, which had left the largest gas project in Indonesia.

Petronas

    Petronas is also interested in entering into cooperation with Pertamina in terms of replacing Shell if possible. This is the latest development regarding Shell," said Head of SKK Migas Dwi Soetjipto in a hearing with Commission VII.

The Masela Block

    Apart from Petronas, previously there were two companies that were known to be interested in replacing Shell in acquiring a 35% stake in the Masela Block, namely Pertamina and ExxonMobil. Dwi said Pertamina had opened the Masela Block data room this November. It is hoped that Pertamina can submit a Non-Binding Offer to Shell.

ExxonMobil

    The government is targeting that discussions on the acquisition of Shell's participating interest (PI) in the Masela Block by Pertamina can be completed this year. One of the main conditions for reaching an agreement is the certainty of PI's acquisition value. According to Dwi, Pertamina must find an agreement with Shell to get into the Masela project.

Shell

    According to Dwi, Shell already has a minimum value base that must be prepared by Pertamina. This value is the total funds that have been spent by the company while being Inpex's partner in Masela.

Blogger Agus Purnomo in SKK Migas

"Pertamina is negotiating with Shell. SKK Migas monitors and provides direction so that Shell sells at moderate prices. To keep the project going. We wrote to Shell to support the divestment. Around US$1.4 billion has been spent by Shell," Dwi said.

Inpex Corporation

    Meanwhile, for Pertamina, there is ExxonMobil which was also offered by Inpex to conduct the study. SKK Migas said Dwi hopes that there will be opportunities for cooperation between Pertamina and ExxonMobil to open again, instead of the scent of competition. However, it all comes back to the management of each company whether to continue the collaboration as it has been in the Cepu block.

"If all this time ExxonMobil is also conducting studies, it could be a potential collaboration with Pertamina. But we'll see now that each study has its results, whether we want to continue or not," said Dwi.


IDD Project

    Meanwhile, Dwi also stated that the Indonesia Deepwater Development (IDD) project is expected to start running in early 2023, due to the certainty that the replacement operator for PT Chevron Pacific Indonesia will be completed by the end of this year.

Chevron

“Chevron has decided to leave the IDD project. Now there is a potential replacement. IDD could run next year," said Dwi.

    According to information, an Italian oil and gas company, ENI, is rumored to be controlling 62% of Chevron Pacific Indonesia's (CPI) participating interest in the Indonesia Deepwater Development (IDD) Gas Project. The IDD project has the potential to produce up to 844 million standard cubic feet of gas per day (MMscfd) and 27,000 barrels of oil per day (BOPD). The plan is for the project to be targeted onstream in the fourth quarter of 2027.

Investor Daily, Page-4, Thursday, Nov 17, 2022

PGN and Turkiye SOE BOTAS Establish LNG Business

    PT Perusahaan Gas Negara Tbk (PGN) is collaborating with Turkish State-Owned Enterprise (SOE), and BOTAS to work on opportunities in natural gas, and Liquified Natural Gas (LNG).

    PGN President Director M. Haryo Yunianto explained that PGN's cooperation with Botas is not limited to the supply of natural gas and LNG, but also includes the development of hydrogen cooperation, LNG infrastructure, LNG trading, underground gas storage facilities, HR development, and another business potential. 

BOTAS

    Indonesia and Turkey can become essential energy markets for the sustainability of bilateral energy trading, especially natural gas. To support cooperation, PGN and BOTAS continue to coordinate regarding infrastructure readiness such as FSRU and LNG terminals, said Haryo in a press release.

    According to Haryo, diversification of natural gas supply routes and sources is important for the certainty of natural gas and LNG supplies. Therefore, the distribution of natural gas and LNG for Turkiye will also come from other sources, not only from Indonesia.

    Currently, the Arun LNG Hub is operating, which is managed by PT Perta Arun Gas (PAG) as an affiliate of Subholding Gas. Arun's strategic location makes it an Asian LNG trading center and Global LNG Hub destination such as China, Australia, Angola, Egypt, and the United States.

    PAG's main business is the LNG receiving terminal, regasification, and LNG Hub. Strategic location near the Malacca Strait with the potential for nearly 100,000 ships to sail through, making it an important capital for PAG as a world-class LNG Hub center. Its operation is fully supported by the government through the appointment of PAG, explained Haryo.

    Haryo continued, and this collaboration is expected to continue to the commercial stage. Later, it is believed that PGN will benefit from further expanding its business to the international arena. On the other hand, Turkey can be assisted in fulfilling natural gas energy in big cities and industrial centers as consumers of natural gas in large quantities.

Kontan, Page-12, Wednesday, Nov 16, 2022

Petronas Becomes Pertamina's New Competitor in the Masela Block

    The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said that a new competitor in the takeover of Shell Upstream Overseas Ltd.'s 35% stake has decided to leave the Masela Block.

    The presence of Petronas has increased the number of potential investors in the Masela Block. Because, previously, Pertamina-INA-Medco and ExxonMobil were reportedly interested in taking over Shell shares. Deputy Head of SKK Migas Fatar Yani Abdurrahman revealed that Petronas has just expressed its interest in replacing Shell in the Masela Block.

the Masela Block

"After someone made an offer, Petronas was interested in joining, but we are currently studying it. We will discuss this," said Fatar.

    Currently, Petronas is only waiting for the government's commitment. However, SKK Migas cannot confirm whether Petronas will enter with partners or alone. What is certain, "Petronas has expressed its interest in investing in this LNG project with a capacity of 9.5 million tons per year," said Fajar.

Blogger Agus Purnomo in SKK Migas

    SKK Migas previously targeted Pertamina to submit an offer to Shell for the acquisition of a 35% stake in the Masela Block this November.

    Until now, the filing of this interest has not been carried out. Pertamina's consortium is currently still being evaluated with various options.

    Potential replacement investors for Shell in the Masela Block must invest around US$ 1.4 billion if they are interested in taking over shell shares. The amount of this investment does not include the funding requirement of US$ 6.3 billion for the first five years of development as capital expenditure.

    In addition, with the addition of the Carbon Capture Utilization & Storage (CCUS) project to the Masela project, there is a potential for additional investment of around US$ 1.2 billion to US$ 1.4 billion.

    Fatar emphasized that learning from Shell's release in the Masela Project, SKK Migas is prepared to strengthen the existing provisions in the future oil and gas block Plan of Development (PoD).

    Fatar revealed that SKK Migas felt like it had been lied to by Shell leaving the Masela Block. Moreover, "When the POD, we provide incentives, but the conditions are poor. For example, until the commercial production is not allowed to leave the Masela Block," said Fatar.

    The Masela Block project is the first very large-scale project in Indonesia. This also makes the government happy. But unfortunately in the terms and conditions of the contract, there is no protection for the project so that investors don't just run away.

    So, in the future, SKK Migas is targeting regulations to provide protection so that investors do not leave the project until the commercial production stage. This provision applies to projects that receive incentives. As a result of Shell's escape, the construction and development of the Masela Block was delayed. Moreover, the release of management shares or Shell's participating interest requires approximately 18 months for a 35% stake in the Masela Block.

Kontan, Page-12, Wednesday, Nov 16, 2022

Pertamina Collaborates with ADNOC Companies to Work on EBT Projects

    Pertamina cooperates with two companies from the United Arab Emirates (UAE) to develop energy potential and refinery production in Indonesia, namely Masdar which is a leading renewable energy company, and Abu Dhabi National Oil Company (ADNOC).

    This commitment was announced in the presence of President Joko Widodo and President of the United Arab Emirates Mohammed bin Zayed Al Nahyan, during the peak of Business 20 (B20) activities in Nusa Dua, Bali, Monday (Nov 14).

President of the UEA Mohammed bin Zayed Al Nahyan 
with President Joko Widodo 

    The signing of the cooperation commitment was carried out previously some time ago in the UAE. The collaboration between Pertamina through Pertamina Power and New Renewable Energy (PNRE) with Masdar is the development of a Solar Power Plant (PLTS) in the Rokan Block with a cooperation agreement period of 2 years, starting November 12 2022 to 2024. PNRE and Masdar will work together to provide reliable and competitive solutions in the Rokan Phase 2 and Phase 3 PLTS development at the Rokan WK.

Nicke Widyawati

"This strategic collaboration between Pertamina NRE and Masdar will have the potential to accelerate the energy transition," said Pertamina Main Director Nicke Widyawati.

    PLTS Rokan Phase-2 is currently under study with a potential capacity of up to 50-MWp with an estimated total investment value of US$ 47 million. Meanwhile, PLTS

    Rokan Phase-3 with a potential capacity of up to 150 MWp with an estimated total investment value of US$ 140 million. This collaboration does not rule out opportunities for the development of other PLTS within Pertamina.

    Pertamina Power Indonesia (PPI) as the PNRE operator will form a joint venture with Masdar with the composition of ownership in the cooperation, namely PPI as much as 55% and Masdar as 45%. Meanwhile, the off-taker for Solar PV is PT Pertamina Hulu Rokan (PHR) with the benefit of cost savings, a reduction in CO2 footprint of up to 184,000 tons per year, and a reduction in gas consumption of up to 2816 MMSCF per year.

    In addition, PPI and Masdar also exchanged documents related to the Memorandum of Understanding for the Development of Renewable Energy Projects in Indonesia. These projects include developing new Renewable Energy (EBT) projects and sharing information for evaluating and analyzing project feasibility.


Masdar Mubdala Company

    Not only with Masdar, but Pertamina is also collaborating with ADNOC regarding the potential for cooperation in the production of Polyolefins in Indonesia. The agreement period is 1 year (12 November 2022 – 2023). 

    While the potential areas of cooperation are exploring opportunities for participation in cracker projects & new derivatives of the PT Kilang Pertamina International (KPI) Polyolefin project in Indonesia, where ADNOC is interested in utilizing ADNOC technology for Polyolefins, the potential for marketing Polyolefin products by ADNOC and supplying feedstock such as naphtha, LPG and Propane.

Transition Process

    Previously in the discussion session, Nicke also revealed that the energy transition process cannot be achieved in a short time. Requires various kinds of technology, costs, and human resources that are able to meet the standards of meeting the needs of renewable energy. 

    Meanwhile, when the transition process occurs the demand for energy needs also increases, so large-scale energy security must still be maintained. Nicke explained various strategies to face the challenge of alignment between transitions and energy needs.

    To achieve Net Zero Emission (NZE) aspirations while maintaining energy security in Indonesia, PT Pertamina has developed a comprehensive strategy that is delivered through two main pillars and 3 intermediate implementations. The first two main pillars are to focus on decarbonizing business activities, and the second is the development of a green mixed energy business.

    Then, three medium-term strategies that support the plan to drive Net Zero Emissions are first to develop carbon accounting standards that meet national and international standards. The second is stakeholder engagement to fully support the national NZE targets and commitments. This goal is supported by Pertamina's long-term investment strategy.

    The third is Pertamina's environmentally friendly sustainability business initiative which will focus on Biofuels, renewable energy sources, Carbon Capture Systems (CCS/CCUS), batteries as well as electric cars, hydrogen, and carbon businesses. Pertamina has also developed a strategy to support the energy transition by allocating capital costs (CAPEX) for low-emission energy and EBT development.

"We have set a goal to increase the Green Business portion in Pertamina's revenue mix from 5 percent in 2022 to 13 percent in 2030," said Nicke.

    Predictably, revenues from fossil fuels are expected to decline significantly from 86 percent in 2022 to 66 percent in 2040. The objective of this optimistic capital allocation has been coordinated with the Indonesian government and ensured that it is aligned with Indonesia's energy mix targets for renewable energy.

    To offset financing, Pertamina has also implemented a long-term investment strategy consisting of 14 percent Capex for green energy business actions. In addition, Pertamina continues to invest in fossil fuels and petrochemicals as its current main business, in an effort to ensure that the energy transition will not interfere with energy security.

    In addition to the capital investment strategy, Pertamina also collaborates with various parties to accelerate target achievement. Collaboration is needed, in facing the same challenges during the energy transition, especially in technology and financing.

“The cost of technology is still higher than fossil fuels. That's why, we are open to partnerships and collaborations, to drive innovation and lower technology costs, "explained Nicke.

    Collaborative efforts are being intensified because currently the use of technology in new, renewable energy still requires high costs, so the selling price to consumers is still very high. In reducing these operational costs, financing issues are expected to attract more inward investment, both international and domestic, in order to improve global financing mechanisms to support energy transition and decarbonization projects.

 Investor Daily, Page-10, Wednesday, Nov 16, 2022

Pertamina Invites ADNOC Companies to Invest in Indonesia


    PT Pertamina (Persero) is working with two companies from the United Arab Emirates (UAE) to develop new and renewable energy potential, as well as domestic refinery production.

    In the series of B20 Summit activities, Pertamina signed a partnership with the Abu Dhabi National Oil Company (ADNOC) and Masdar a company that focuses on developing renewable energy. 

Masdar Mubdala Company

    With Masdar, Pertamina through Pertamina Power and New Renewable Energy (PNRE) will develop a solar power plant or PLTS in the Rokan Block with a cooperation agreement period of 2 years starting November 12, 2022.

Nicke Widyawati

    The Main Director of Pertamina Nicke Widyawati said that PNRE and Masdar would work together to provide reliable and competitive solutions in the development of PLTS Rokan Phase 2 and Phase 3.

"This strategic collaboration between Pertamina NRE and Masdar will potentially accelerate the energy transition," said Nicke Widyawati.

    PLTS Rokan Phase 2 is currently under study with a potential capacity of up to 50-megawatt peak (MWp) with an estimated investment value of US$47 million. Meanwhile, PLTS Rokan Phase 3 with a potential capacity of 150 MWp has an estimated investment value of US$140 million.

    Later, Pertamina Power Indonesia as the PNRE operator will form a joint venture company with Masdar. The plan is for Pertamina Power Indonesia (PPI) to own 55% of the joint venture, and Masdar to control the remaining 45%.

As for ADNOC, Pertamina will work on cooperation in the production of Polyolefins in Indonesia for 1 year from 12 November 2022. In addition, ADNOC will also explore opportunities for participation in cracker projects and new derivatives from the PT Kilang Pertamina International (KPI) Polyolefin project in Indonesia, because the UAE company is interested in bringing its technology to Indonesia.

Bisnis Indonesia, Page-4, Wednesday, Nov 16, 2022

Pertamina Hulu Mahakam (PHM) Increases Well Drilling

    PT. Pertamina Hulu Mahakam (PHM) targets to be able to drill 95 development wells and one exploration well to maintain the rate of natural production decline in a number of old fields managed by PHM.

    General Manager of Pertamina Hulu Mahakam (PHM) Krisna said that his party was implementing a number of innovations and technological applications to increase the recovery rate of oil and gas wells in the area.

"We continue to try to contain the rate of natural production decline by applying the best engineering practices in production operations, drilling, well intervention or well connection, maintenance or inspection works," he said.

    Krishna added that this strategic step was taken to meet the 2022 WP&B target given by SKK Migas with the achievement of natural gas production of 550 MMSCFD, and 19.5 Kbbld of oil.

“PHM plans to drill 95 exploitation development wells and 1 exploration well. We also succeeded in realizing 24 wells in the first quarter of this year. This drilling target is expected to be able to increase the additional annual average production in 2022," said Krishna.

    The increase in PHM production is the contribution of the Jumelai, North Sisi, North Nubi Project which is on stream on May 20, 2022. Gas production from the project is estimated to reach 45 MMSCFD and 710 barrels of condensate per day.

    Krishna said the enormous production from the Jumelai Field is one of the supports for the current national oil and gas needs, as well as driving upstream oil and gas operations and investment activities.

    President Director of PT Pertamina Hulu Indonesia (PHI) Chalid Said Salim said the increase in PHM production was supported by the successful planning and implementation of the installation rejuvenation program carried out from May to June 2022.

"The upgraded installation inspection and rejuvenation program enables the continuous start-up of Sisi Nubi's new wells, thereby contributing significantly to the achievement of gas wellhead flow rates above 550 MMSCFD," he said.

Bisnis Indonesia, Page-4, Tuesday, Nov 8, 2022.

LEAKING AND EXPLOSING, THERE ARE INDICATIONS OF NORDSTREAM PIPE SABOTAGE. WHO DOES IT?!!

 



    The fact that the data is happening in the European Union is currently getting worse, the increase in electricity prices for example has been increased more than 10 times in the last 8 months and is currently increasing 5 times more electricity bills compared to last year, rising by 500%, prices in the market are rising 2 to 3 times more.

    Hotel room prices usually range from US $ 100-200 to US $ 200-400, so travelers are drastically reduced to European countries, quiet, even though the Euro is the weakest in 22 years at this time, the British pound sterling fell drastically the weakest in 40 years now, its value is the same as the dollar which should make more tourists enter Europe, but the price of airline tickets, then the price of food beverage and accommodation rose 3 times more.

    Europe is getting gloomy at the moment. Even more surprising is Winter comes early. It's now early winter, which usually happens at the end of October, now it's winter, and it's still dry.

    High electricity prices not only disrupted the economy of all European citizens but industrial factories and businesses were affected and all of this led to a recession with purchasing power dropping drastically in Europe plus now the European Union has new problems to face, namely food shortages, and energy shortages. even worse, the Russian gas pipeline leaked and exploded!!!

    Amazingly, this leak not only occurred in the North Stream 1 gas pipeline but also in the Nordstream 2 gas pipeline at the same time as the leak. Russia, which has increased gas prices twice more and reduced gas supply to only 50 percent, is suddenly unable to deliver gas at all soon because of the leak.

    Did this happen by chance or was it deliberately created so that the European community would be cold without gas from Russia?!! Whereas their country can buy gas from America, Norway, China, UAE, etc.

    Germany and Denmark say this is sabotage. Is that true?!! Russia built two pipelines North stream 1 originating from Vyborg, and Ust Luga for Nordstream 2 onshore to Greifswald Germany via the Baltic seabed pipeline.

    Coincidentally a few days ago both pipes mysteriously leaked together, starting with a sudden drop in pressure in the Nord Stream 1 pipe.

    Sweden was the first country to report air bubbles in the baltic sea which was confirmed to be from an underwater gas leak from the Nord Stream 1 pipeline, with two leaks in different places, then Denmark reported the same thing in Nord Stream 2. Even though the Nordstream 2 pipeline has not been fully utilized even though it is ready to flow gas, the war in Ukraine has already occurred and has hampered gas delivery operations to Europe.

    We review the field data again where in 2021 there is data that 45% of European Union countries get gas from Nordstream 1. By country, Germany uses Nord Stream 1 gas for 50% of Germany's national needs, France for 25% of national gas, and Italy for 46 % of national gas imported from this Nord Stream 1 gas pipeline as a Nord Stream 1 user country.

    Since the war in Ukraine, the capacity of the Nord Stream1 has been reduced by 20 to 50% which was downsized by Russia. According to Russia's plan, because of having to reduce the capacity of these products due to American and NATO sanctions, gas turbine goods for maintenance repairs purchased from European countries and Canada are hampered, detained, and complicated, Europe is actually getting Europe own loss. Moscow said the point is that if Europe wants gas to continue to grow, it will flow smoothly into Europe, and stop economic sanctions against Russia from now on.

    We're back to gas pipe leaks. Swedish intelligence got the facts and the explosion was near the pipe before the leak occurred. The question is Who did the sabotage the pipeline? Is it Europe, if you do it yourself, can you call it a stupid move that forces European countries to freeze or the Ukraine war could spread to all of mainland Europe while Russia claims it is not Russia that is carrying out sabotage, but underwater drones or sea gliders of "Foreign" countries, because of pipe damage gas is definitely 100% detrimental to Russia.

    Russian gas is a tool to suppress European countries if it is turned off 100%, Russia will experience a huge loss. If the pipeline is good, countries like Hungary, Bulgaria, and Italy have started to succumb now and it is better to get Russian gas, and this benefits Russia.

    Russia only needs to open gas channels to countries that are willing to comply with the Russian terms and conditions. This Russian strategy has proven to be very effective in suppressing European countries, especially NATO members, but if the Nord Stream pipeline is damaged, it can cause the dissolution of European countries and Russia as well as the former Soviet Union.

    How about we ask the defense intelligence expert whose dialogue I summarized when I asked this the answer is most likely America was behind the sabotage of the gas leak at Nord Stream 1.

    The goal is that there is no dualism, double agent, and doubt in the European Union to fight Russia and support Ukraine. I also need a more detailed explanation of what it means to make Europe angry, frozen and in recession, so that Europe is solid in supporting Ukraine and against Russia.

    So far, Europe is still two-faced, because it is still considering the energy supply from Russia. Now it's no longer possible, so its stance is more solid not to rely on Russia to strengthen the Abraham Accord, Europe's energy supply has been directed by America so that Europe buys into the Middle East, and asks the Middle East to serve Europe's needs using dollars.

    I also asked, what about American Shale gas? American shale gas is being processed, but it still takes a long time, therefore the dollar is made to strengthen its exchange rate so that when Europe buys gas from America later the price is very good, with the large debt of Europe to America later, it will be easier for America to maintain its hegemony in Europe which So far, since the second world war in recent years, Europe has begun to dare to fight America, especially Germany.

    It's the American version of looking at Europe today. When President Trump asked the European Union to set aside a portion of its Gross Domestic Product (GDP) to be able to participate in financing NATO operations, Europe left it alone, and Europe said the European Union did not need NATO at all, especially Germany. Now Russia's war in Ukraine is causing the European Union to panic, begging, asking NATO to be maintained in the European region.

    America in many positions is now in triumph. The dollar strengthened, and America's domestic oil and gas reserves were very independent. If European countries how anticipate the energy crisis, food, and recession with very expensive prices like today.

#Nord Stream 1 blowout
#Nord Stream 2 leak

PAKISTAN PEOPLE THINK CHINA IS JUST FOOLING IMRAN KHAN!!! THIS IS EXPORT DEBT!!!

    Once again we discuss the export debt. We will continue with information about the Belt Road Initiative (BRI). We discussed Pakistan's export debt.

    China builds a port in Pakistan, creates a road that divides Pakistan from the northeastern tip of Pakistan to mainland China the final destination of a seaport in southern Pakistan, builds five power plants, all of which are built with loans owed by China, while the contents of the port, the management of the port, the electricity generated used, and the road and rail facilities are for Chinese goods, most of which are actually goods from China.

    China exports debt to Pakistan, which exports debt, and imports debt is Pakistan, the estimated total amount of Pakistan's debt from China is 20.8 billing dollars, which is 23% of Pakistan's foreign debt with an interest of 5 percent per year with a loan tenor of 10- 20 years.

    This means that 5% multiplied by 20 years equals 100%. Even though the assets have been pledged as collateral, the dollars are taken to China, the goods are used by China, the payment is twice as much, even though the price has been marked up very large, that's the simple meaning of export debt.

    What happens if Pakistan fails to pay the debt, then the Chinese SOEs will take over the assets, so whatever it is whether it can pay the loan or fail to pay the loan, China is in control of the weight, really BRI is not a gift, BRI is also not helping let alone helping but a trap, very evil actually lending money for something that is not needed by the country, lending money for needs that are not really needed, indeed the country needs to build roads, it needs trains, but China is much more in need of these facilities, who really needs all of these things? who pays who once they are stuck with debts that cannot be paid, then Pakistan's valuable assets or strategic assets will be forcibly taken with a deal that is very profitable for the borrower aka China, sorry, this information is not anti-China propaganda.

    There are many facts in the world about the expropriation of strategic assets and natural resources that occur in many developing countries that get loans from China that cannot repay them.

    Gwadar port in Pakistan, for example, was taken by China because it was unable to pay Pakistan's debt so that it would be managed by China for the next 40 years.

    The port country of Djibouti, Aubock, is used as China's military base with nearly 10,000 Chinese troops there as security forces for Chinese assets in Africa managed by China for the next 20 years.

    Tajikistan has to hand over 1000 km2 of land to China, the ASEAN country Laos is even more sadistic, the Laos state electricity company is 100% managed by China at this time, then the handmaiden port, the high seas port of Sri Lanka has been managed by China for 99 years, the same as Malacca gateway in Malaysia was controlled by China for 99 years, and by the way, the 99 years were the same as Hong Kong was managed by the British which started in 1898.

    Financially, the World Bank said that there are 23 developing countries that take loans from China's debt or make China the financing and contractors of their projects, such as Pakistan, Sri Lanka, which are already bankrupt, Laos, Pakistan, and these 23 countries, 8 countries are already in a state of disrepair. emergency to save, and ask the IMF (International Monetary Fund) for help.

    Why is the crisis because the country's foreign debt on average is 50% owed to China, all countries affected by China's influence, of which 23 countries have weak democracies, their leaders suppress the people, in other words, are authoritarian, and their officials play with business people.

    Why did the officials accept China's offer? because the shine of the infrastructure hopes that it will make the country look developed so that its leaders can be said to be successful even though they use large debts.

    There is another fact that many countries that are hit by China's debt loans to be able to pay interest on loans are by borrowing again, and this is a red flag because it risks state sovereignty, its officials sell state assets in the name of a person, and group profits. And of course, the debt made China richer.

    What is the evidence that China is getting richer? the proof is that 7 out of 10 world construction companies are from China, a total of all Chinese projects are worth 350 billion dollars in the eight years since 2013 or this value is equal to 3x the Indonesian state budget where all projects were given by the Chinese government with Chinese money. The proof again is that 5 of the 20 wealthiest banks in the world are Chinese banks.

    Bank of China is involved in 612 projects in 37 countries worth 510 billion dollars, strangely free consultation and financing by Chinese banks. Earlier, it only contributed to China's national GDP of no more than 3%. What is it telling you? Do you understand?

    This means roughly meaning that all of this is not the main source of China's profits, but only one of the strategies for China to become rich and powerful because the original source of China's state profits is from what fills the road and port infrastructure, China's biggest profit actually.

    As many as 9 ports that are controlled by China 100% and control 80 ports of the world is another key to the success of China, and this is part of BRI, and this is a strategy to make high profits for China.

    All ports are like a string of pearls starting from Chinese ports to all corners of the world, this is China's Naval base connected all over the world, they can control ports, control ship routes, place Chinese warships, and of course dictate world trade shipping routes.

    So actually BRI is not an economic plan, but a plan to control the world. When will the BRI development plan end, in 2049, which coincides with the celebration of China's 100th anniversary!!!

    It is hoped by China that there will be 100 world ports tied up in one Chinese country, and Chinese ownership through the BRI strategy, aka at that time China was already dominating the world. Friends, hopefully, this can be material for all of us to think about.

#GEOPOLITICS

AMERICA WANT TO DOMINATE THE WORLD NEED ENEMIES!!! DARE TO DESTROY OTHER NATIONS!!!


    The world today has shifted its axis, the map, and the players. We are talking about geopolitics and this must continue to be studied. Starting from European-style colonialism throughout the world until the peak of the First World War and ending in the 2nd world war, then the New World order period entered.

    Under the control of allies, namely Quote-Unquote America, America's Axis Centrum of Gravitates the map is America's foreign policy and the player is America and its allies. Initially from the '50s until the early '90s, the enemy was communism under the Soviet Union and communist countries against democracy.

    China is still an under-developing country, still assisted by the Soviets in Mao Ze Dong's era until half of the time Deng Xiaoping was still assisted by the Soviets, which we will discuss specifically to analyze Deng Xiaoping.

    We will dissect Ezra Vogel's book, about China's economic reform in a special chapter for that. We return to America when the democratic war against communism was called the cold war, because of the war against spies, the James Bond 007-style war, the west killed Soviet scientists, the KGB took intelligence data, NASA data, and Pentagon data.

My Name Bond, James Bond. Shake not Stir

    The two sides fight each other Spy, data competition, attack each other in Shadow and silent operations, each creates weapons of mass destruction, both biological warfare and nuclear bombs, intercepts communications, and competes for the best in the air, whether fighter planes, communication tools such as wireless internet networks. until the satellite, then the Soviets disbanded with the entry of the understanding of the capitalist economy, the openness of Perestroika, and Mikhail Gorbachev's Glasnost, splitting the Soviet countries, each liberating their own country. Then Russia changed its shape of country.

    Then NATO was supposed to be disbanded because NATO was formed by the Defense Pact against the Warsaw Pact, namely Threat from the East. NATO was created to anticipate communist teachings and military threats from the east, namely from the Soviet bloc AKA Russia.

    Once the Eastern countries liberated themselves from communism to form democracy, it turns out that NATO is still carrying out its mission until now, but its mission is an economy camouflaged with defense, and control of the Eastern European market with the influence of military power, this is in the war book called colonialization 2.0.

    Finally, one by one the Eastern Bloc countries joined NATO, even if it is now 20 years since the dissolution of the Soviet Union, there have been 15 former Soviet countries that have joined NATO and have become a military power and their economic strength has strengthened.

    This makes Russia especially President Putin anxious. From Putin's point of view, Putin's actions against Ukraine have been since Ukraine said it would join NATO. Putin considers this a serious threat because NATO is already on Russia's borders, the countries that separate Russia from NATO countries are Finland, Belarus, and then Ukraine.

    Therefore Russia had to seize Georgia and then Crimea, Belarus has been in the hands of Russia for a long time and has been conquered. Finland, a Nordic country, has a neutral attitude and does not have a strong army nor is it a member of NATO, then Ukraine and Zelensky, who is descended from a Jewish minority, where the Jewish population is only 200,000 people compared to 40 million Ukrainians who became president of Ukraine, of course, assisted by NATO, and America, then Ukraine register as a member of NATO.

    Russia became very angry and burned his brain. So we are starting to understand more deeply now. Why did Russia use the Muslim forces of the Syrian army and the Chechen troops, namely Chechnya? because apart from their anti-Jewish ideology, they understand very well about the Urban War.

    In his campaign, Putin tends to relate to the Islamic world of Middle Eastern countries, including South and Southeast Asian countries, the Arabian block, Turkey, Persia, Iran-Iraq, Pakistan, Bangladesh, India to Indonesia, who continue to promote his spirit of uraaa between the powers of Russia versus NATO, and America, there is a country that always plays pretty and smooth, namely China.

    Inside China, Putin is highly exalted and respected. Putin's struggle against America's New World Order and Nato, Putin throughout the Chinese media is defended, supported, even trade with Russia continues to be increased where trade with Russia-China has increased more than 100% in the last 4 months especially energy and China is willing to pay using Ruble, that is a very close bilateral friendship solidarity.

    Putin before attacking Ukraine, Putin reported to Xi Jinping at the winter Olympics in Beijing to have a private one-on-one meeting. They talked for a long time at the beginning of February 2022 and it turns out that a few days later on February 24, what will be recorded in history, Putin finally attacked Ukraine after getting the Go-Ahead from Xi Jinping. The world only found out later, having just realized how close the two of them would be at the Beijing Winter Olympics.

    Back to the new world order whose ideals are that there should be no 3rd world war, then world transactions must use dollars, then use the euro as the number two currency in the world, which indeed America and its western allies are playing.

    After the Soviet Union was disbanded due to the Cold War, America had to create an Enemy. Indeed, the management of the country is an Enemy. America is centric on the Enemy. The country is always on the alert and in trade, the term is "Create Demand".

    Without war or without enemies, the demand for weapons and technology is slow to grow, but with enemies, we are alert and always in a hurry to be more prepared and faster, slower to grow if there are no targets or without competition. Just look at the analogy like excited boys if many of the girls they love become secret admirers.

    It doesn't matter whether it's morning or night, Fight tries his best to charm his lover, but his fighting spirit will lessen. That is very important there is an enemy, there is a common enemy, there is a fear, there is a passion to be a winner in the competition. If there are no enemies, all friends, free and active politics will be crushed!! state like a merchant.

    We return to America after there is no opponent. In the 90s began to be created a new opponent, again, was created. Dozens of people at the Pentagon built an understanding of Salafi Jihadi, which then planned for this ideology in the south of the Arabian Peninsula by creating ISIS so that Muslims would fight each other, and America without joining the war only supported weapons, then around Syria and the Iraqi region which the area was called Sham. They were originally built as a "Hornet Nest" only to protect Israel and America's interests in oil and gas in the Middle East.

    So America's initial intention was to have enemies and after the communist sect was destroyed, the hard-line Islamic ideology became their next game. Once again, it was only the Hornet's Nest Strategy, but when America continued to make war in the oil-producing countries, they finally fought America with an Islamic ideological campaign against America everywhere the blaze of war was Islam being fought by America.

    America then realized this mistake was at its peak when the Twin Towers were attacked by Al-Qaeda, America realized too late that its creation of a common enemy was hardline Islam, ISIS, and terrorists, which America promoted too late, misguided, and destroyed it.

    Islamophobia in the world has been created in a hurry, now the Islamic world is different from the world during the cold war, the Islamic world has drawn a red line with America, a thick line is anti-American and many parts of the world are allergic to Islam, especially white western countries and white America, America very conscious but discovered too late, due to Already Done damage. The damage has already been done.

    Then you are late next while relaxing and having fun war in the Middle East, taking the Middle East treasure that is the country of gold and oil, China played smoothly with Deng Xiaoping's strategy in the early '80s and peaked at the Beijing Olympics in 2008, America snapped startled!! The business is not finished with "What So Call Terrorist" which is framed with Islam, the economic enemy appears with China's new weapon, namely OBOR-(One Belt One Road).

#GEOPOLITICS

SILK ROAD AND MARITIME ROAD CHINA IN PAKISTAN

 


    Several hundred years ago there was a very wide human journey that was very far away, but actively passed by traders connecting the western world and the eastern world with a route of more than 10,000 KM there was an exchange of goods, ideas, and culture which was later called the "Silk Road".

    In 2013 a country wanted to revive the "Silk Road" and Xi Jinping added The Belt Road Initiative or BRI.

News Silk Road Belt Road Initiative (BRI)

    BRI binds the trade of countries under China's management which will bind 70% of world trade, accounting for 65% of global GDP!!!

    It will also link 65% of the world's population, control 70% of the world's energy resources, provide 70% of food needs and rotate 80% of the world's mineral resources.

    So BRI China launched multiple projects in all countries that agreed to be part of the BRI, such as multiple projects in Pakistan to build roads.

    In Sri Lanka, a very large seaport and then building a city for Chinese citizens in Malaysia, a hydropower plant in Uganda, and a highway in Serbia, and that is only a small part of what BRI plans to link the world.

    The first goal is indeed the distribution lines that have been built such as roads, railways, port shipping lines, oil refinery industrial parks, and power plants, all of which have been built in 72 countries that agreed to build with Chinese money and became part of BRI at the beginning, the deep Belt and Road. the simple meaning is the road and economic ties in their propaganda but what the nationalists fear is that it will soon be emphasized that the yuan is a means of payment and this is above the economy because the currency is sovereignty if you understand the state.

    Then ideology will enter through Chinese culture which becomes an understanding of the political ideology of course and this is feared by nationalists, China's political videos are part of a country, so many see this as a superhighway or fast track to make China a superpower.

    This is Xi Jinping's plan to become a World Power. Will the plan work? Are America and its allies under threat? Is your country stuck between the two and will not become a big country because it does not have an international policy? we will discuss this in more detail.

    Back to Belt and Road China's strategic initiatives tie the world together to make China a superpower. In China, the name of BRI is Yi Dai Yi Lu, and instead of spelling it wrong, we simplify it with BRI only.

    This BRI is estimated to require an investment of UD$ 8 trillion, a very large value, equal to 40 times the Indonesian state budget.

    Don't ask where the money came from, this is something that is always reminded without MMT, there will be no funds.

    The figure of 8 trillion is in 200 countries, there are only 16 countries whose GDP exceeds that number. So, how can BRI operate?

    Which countries are bound by it? Is it only economic integration BRI? or will you enter the politics of a country that does not agree to be included in the BRI cooperation plan, but the natural resources of a country that are bound by China's BRI must be taken? then the targeted country's politics are designed and capitalized so that the winner is the BRI person from China.

    Important questions must be answered immediately, will Indonesia's economic strategy benefit the participating countries in the long term or will it only benefit China?

    We will begin to explore it, we go back to October 2013 in Kazakhstan, Xi Jinping said the first time about the spirit of rebuilding the history of the past in the modern era about the medieval silk road which will become the driving force of the economy in this modern era BRI was inaugurated as unify the global market or unification global market started to run.

    One year later, Xi Jinping went to Indonesia and announced a new plan, namely the Maritime Silk Road, where the maritime sea route is expected because it is the cheapest compared to the land route, and the air route, in the distribution of goods in large quantities, the maritime route is the best.

    The sea route and without Indonesia joining, the Maritime Silk Road's big plan will fail, the sea in Indonesian territory and also the strait in Indonesia is important to the traffic of 80% of Made in China goods.

Silk Road and Maritime Road of BRI

    There are six main road plans in BRI, namely the first route from Guilin to Saint Petersburg, the land route, of course, using rail, Then the second is from Xiandong to Denmark, also through Kazakhstan, and Turkiye then from Heinan to Malaysia.

    Then from Guangdong to Bangladesh then from Xin Jian to Pakistan. Pakistan is very important to China because it cuts the sea route to Central China including entering energy sources from the Middle East, Aamir Khan is a figure of a Pakistani leader who is supported by China.

    Anything China wants in Pakistan, Aamir Khan will give it. But unfortunately, now Aamir Khan is no longer in power, and is no longer Prime Minister, but continues to shake Pakistani politics at home and abroad over a new official, namely Prime Minister Sharif.

    We focus our attention on Pakistan, in the BRI plan because the head of the belt is Pakistan. Pakistan is not only a road connection by land between the central region of China and the western region of China but also meets maritime routes that pass through Indonesia on the East Side and through the Suez Canal on the west side, all in the pool in Pakistan.

    Pakistan is where the Silk Road meets the maritime road, Pakistan's position is very strategic in the Arabian sea, this is a new alternative route for oil and gas supply to China, for Islamabad, this is a route for money to enter Pakistan.

    From the perspective of western countries, Pakistan was not a strategic choice and Western countries were shocked by China's strategy, Highway, railways, and hydropower were built in Pakistan on a massive scale worth half of Pakistan's GDP which is worth 270 billion dollars. Which country is financed? all of these projects are supported by Chinese loans. Once again with a full loan from China.

    China builds a channel in Pakistan for the distribution of Chinese goods but the capital uses assets of other countries, which finance is the Chinese state bank, and the recipient of the loan is the government of Pakistan, this project is definitely to facilitate Chinese goods, China is very much benefited, but the Pakistani government instead owe to China, have you come to understand so far?

#GEOPOLITICS

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