Pertamina Submits Proposal to NIOC

PT Pertamina has submitted a plan proposal floating two blocks to be acquired in Iran, namely the Ab-Teymour and Mansouri, to the National Iranian Oil Company (NIOC). However, there is no agreement between the two state-owned oil and gas company.

Senior Vice President Upstream Business Development Pertamina Denie Tampubolon said the development plan proposal is the result of the evaluation team of Pertamina according MoU (memorandum of understanding / MoU) were signed. Proposals submitted during a visit by the Indonesian government and the company to Iran start last weekend until Tuesday (28/2). "After that of a conversation between two parties (Pertamina and NIOC) for the next stage," he said.

As is known, Pertamina and NIOC has signed a memorandum of understanding in August last year. Based on this MoU, the company will have six months for the company to conduct a study and submit a preliminary proposal Ab-Teymour Field development and Mansouri in Iran. Now, the proposal submission is indeed the end of February. However, President Joko Widodo and Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan asked the company to enter as soon as possible the proposal in view of the number of competitors, one of which Lukoil, the Russian oil and gas company.

Related completed when talks with NIOC, Denie admitted can not be sure. Because the completion of these negotiations is not fully authorized Pertamina. "Because it involves two parties, the target also depends on progress on the part of Iran," he said.

Pertamina Upstream Director Syamsu Alam had expressed, after proposals from the development plan, the next stage which NIOC will review the proposal. It could not be sure how this process takes place considering it is the authority of NIOC. Thus, it also can not target acquisition when oil and gas blocks in

Iran is completed. "That's his call there (NIOC), we can not push push as well," said Alam.

As is known, the total reserves of Ab-Teymour Fields and Mansouri estimated at 5 billion barrels. Currently both are already in the production phase with the respective sizes of 48 thousand barrels per day (bpd) for the Ab-Teymour Field and 54 thousand bpd for Mansorui Field.

Ready to Fund

Pertamina Finance Director Arif Budiman said the company has set aside for the upstream business expansion overseas. Because the upstream business expansion will ensure supply of crude oil to the refinery fuel oil (BBM) owned by the company. This year, the fund set up for the acquisition of oil and gas blocks to reach US $ 1 billion. "If Iran's not the acquisition, but the bid (auction). So it may still be (funding), "he said.

Besides in Iran, he added, Pertamina is also negotiating the acquisition of oil and gas block in Russia. However, acquisitions in Russia is not to take the asset, but only shares in oil and gas blocks. This is because the system prevailing in Russia only allow local companies with an asset.

Only in the company allowed no foreign ownership. "So it's still our weigh-stations. If we essentially only in security of supply, "he said. Although not get the assets, Russia still allow Pertamina to bring the oil obtained to Indonesia.

In its official statement, Rosneft said it had signed a memorandum of understanding with Pertamina to work together on Fields The Northern Tip of Chayvo and Russkoye field. Field The Northern Tip of Chayvo, Pertamina could take a stake up to 20%, while in the Russkoye field to 37.5%.

Pertamina also has completed the French oil and gas company, which Maurel & Prom. According to Arif, the funds disbursed to take over ownership to 64.46% it is still within budget. "Under the US $ 1 billion (funds disbursed) to take over all the shares of the total," he said.

Pertamina is targeting oil and gas production increased to 1.9 million barrels of oil equivalent per day (barrel oil equivalent per day / boepd) in 2025 and 2.04 million boepd in 2030. Therefore, Pertamina should boost oil and gas production to be increased by 8% per year.

IN INDONESIAN

Pertamina Serahkan Proposal ke NIOC 

PT Pertamina telah menyerahkan proposal rencana pengambangan dua blok yang akan diakuisisi di Iran, yakni Ab-Teymour dan Mansouri, ke National Iranian Oil Company (NIOC). Namun, belum ada kesepakatan antara kedua perusahaan migas milik pemerintah  ini. 

Senior Vice President Upstream Business Development Pertamina Denie Tampubolon mengatakan, proposal rencana pengembangan itu merupakan hasil evaluasi Tim Pertamina sesuai nota kesepahaman (memorandum of understanding/MoU) yang diteken. Proposal diserahkan dalam kunjungan Pemerintah Indonesia dan pihaknya ke Iran mulai akhir pekan lalu sampai Selasa (28/2). “Setelah itu tentu pembicaraan dua pihak (Pertamina dan NIOC) untuk tahap selanjutnya,” kata dia.

Seperti diketahui, Pertamina dan NIOC telah meneken nota kesepahaman pada Agustus tahun lalu. Berdasarkan nota kesepahaman ini, perseroan mempunyai waktu enam bulan bagi perseroan untuk melakukan studi dan menyampaikan preliminary proposal pengembangan Lapangan Ab-Teymour dan Mansouri di Iran. Sehingga, batas penyerahan proposal ini memang akhir Februari ini. Namun, Presiden Joko Widodo dan Menteri Energi dan Sumber Daya Mineral (ESDM) Ignasius Jonan meminta Pertamina sesegera mungkin memasukkan proposal tersebut mengingat banyaknya pesaing, salah satunya Lukoil, perusahaan migas asal Rusia.

Terkait kapan pembicaraan dengan NIOC selesai, Denie mengaku tidak dapat memastikannya. Pasalnya, penyelesaian negosiasi ini bukan sepenuhnya wewenang Pertamina. “Karena menyangkut dua pihak, target juga tergantung progres di pihak Iran,” ujar dia.  

Direktur Hulu Pertamina Syamsu Alam sempat mengutarakan, setelah memasukkan proposal rencana pengembangan, tahap berikutnya yakni NIOC akan mereview proposal tersebut. Pihaknya tidak dapat memastikan berapa proses ini berlangsung mengingat hal itu merupakan wewenang NIOC. Sehingga, pihaknya juga tidak dapat menargetkan kapan akuisisi blok migas di

Iran ini selesai. “Itu call-nya di sana (NIOC), kami tidak bisa mendorong dorong juga,” Kata Alam.

Seperti diketahui, total cadangan Lapangan Ab-Teymour dan Mansouri diperkirakan mencapai 5 miliar barel. Saat ini keduanya sudah pada tahap produksi dengan besaran masing-masing 48 ribu barel per hari (bph) untuk Lapangan Ab-Teymour dan 54 ribu bph untuk Lapangan Mansorui.

Siap Danai

Direktur Keuangan Pertamina Arif Budiman mengatakan, perseroan telah menyiapkan dana untuk ekspansi bisnis hulu di luar negeri. Pasalnya, ekspansi bisnis hulu bakal menjamin pasokan minyak mentah untuk kilang  bahan bakar minyak (BBM) milik perseroan. Pada tahun ini, dana yang disiapkan untuk akuisisi blok migas mencapai US$ 1 miliar. “Kalau di Iran kan bukan akuisisi, tetapi bid (lelang). Jadi kemungkinan masih bisa (pendanaan),” kata dia.

Selain di Iran, lanjutnya, Pertamina juga tengah negosiasi akuisisi blok migas di Rusia. Namun, akuisisi di Rusia ini bukanlah untuk mengambil aset, melainkan hanya saham di blok migas. Hal ini lantaran sistem yang berlaku di Rusia hanya membolehkan perusahaan setempat yang memiliki aset.

Hanya saja dalam perusahaan tersebut dibolehkan ada kepemilikan asing. “Jadi itu masih kami timbang-timbang. Kalau kami intinya hanya di security of supply,” ujarnya. Meski tidak mendapat aset, Rusia masih membolehkan Pertamina membawa minyak yang diperoleh ke Indonesia. 

Dalam keterangan resminya, Rosneft menyatakan telah meneken nota kesepahaman dengan Pertamina untuk kerja sama menggarap Lapangan The Northern Tip of Chayvo dan Lapangan Russkoye. Di Lapangan The Northern Tip of Chayvo, Pertamina bisa mengambil saham sampai 20%, sementara di Lapangan Russkoye sampai 37,5%.

Pertamina juga telah merampungkan perusahaan migas asal Perancis, yakni Maurel&Prom. Menurut Arif, dana yang dikucurkan untuk mengambil alih kepemilikan saham sampai 64,46% itu masih sesuai anggaran. “Di bawah USS 1 miliar (dana yang dikucurkan) untuk ambil alih total semua saham itu,” kata dia.

Pertamina menargetkan produksi migasnya meningkat menjadi 1,9 juta barel setara minyak per hari (barrel oil equivalent per day/boepd) pada 2025 dan 2,04 juta boepd pada 2030. Untuk itu, Pertamina harus menggenjot produksi migasnya agar naik 8% per tahun. 

Investor Daily, Page-9, Thursday, March, 2, 2017