2016, Oil and Gas Investment Down

The government will offer 10 new blocks this May.

The Indonesian Petroleum Association (IPA) noted that upstream oil and gas investment during the year 1a1u fell 27 percent compared to the previous year. The value of upstream oil and gas investment in 2016 is only US $ 11.15 billion, well below the acquisition in 2015 which reached US $ 15.34 billion. IPA Director Marjolijn Wajong said the decline in investment had a significant effect on exploration activities to find new oil and gas reserves. The number of exploration areas is shrinking, Wajong said.

The investment value for exploration is only US $ 0.1 billion in 2016. That number dropped compared to 2014 which reached US $ 1.4 billion. In 2013, the exploration work area reached 238 areas. The number shrank to 199 by 2016. A total of 37 of these areas is in the process of terminating the contract.

Now we are in crisis. Wajong said that upstream oil and gas sector investors are not interested in Indonesia anymore. With such conditions, according to Wajong, oil and gas reserves are threatened because there is no new well discovery. In early February, spokesman for the Upstream Oil and Gas Business Unit (Task Force) Migrant Workers' Unit Taslim Yunus said the government needs to change the investment cost rules to attract investors.

According to him, exploration slumped due to decline of investors in upstream oil and gas. Unlike the IPA, according to SKK Migas, the investment value of upstream oil and gas sector only decreased to US $ 12.01 billion. According to Taslim, total oil and gas demand in 2025 is 3.5 million barrels of oil equivalent (BOE).

Currently, oil and gas production capability is only about 2 million BOE. With very little exploration and drilling, production capability will decrease.

The Ministry of Energy and Mineral Resources is preparing auction documents for 10 new oil and gas working areas. The Offer will begin this May. At the end of March, Director of Upstream Oil and Gas Business Development, Tunggal, said the Ministry of Energy will use a joint study scheme in seven blocks. The rest will be offered through regular auctions. The government is also reviewing the supply of other oil and gas blocks outside the 10 working areas.

Currently the Ministry of Energy faces the problem of unfavorable 15 of the 17 oil and gas working areas offered. Seven of the 17 blocks were offered through an open auction scheme, namely South CPP in Riau, Suremana I in Makassar Strait, South East Mandar in South Sulawesi, North Arguni in West Papua, Kasuri II in West Papua, Mamuju Manukra in Makassar Strait and Oti in East Kalimantan.

     Director General of Oil and Gas at the Ministry of Energy, I Gusti Nyoman Wiratmaja, said that the demand for crude oil is weak.

IN INDONESIAN

2016, Investasi Migas Menurun

Pemerintah akan menawarkan 10 blok baru pada Mei ini.

Asosiasi Perminyakan Indonesia (Indonesian Petroleum Association/IPA) mencatat investasi sektor hulu minyak dan gas bumi sepanjang tahun 1a1u turun 27 persen dibanding tahun sebelumnya. Nilai investasi hulu migas pada 2016 hanya US$ 11,15 miliar, jauh di bawah perolehan pada 2015 yang mencapai US$ 15,34 miliar. Direktur IPA Marjolijn Wajong mengatakan penurunan investasi itu berpengaruh signifikan terhadap kegiatan eksplorasi untuk mencari cadangan migas baru. Jumlah wilayah eksplorasi menyusut, kata Wajong.

Nilai investasi untuk eksplorasi tercatat hanya US$ 0,1 miliar pada 2016. Jumlah itu anjlok dibanding tahun 2014 yang mencapai US$ 1,4 miliar. Pada 2013 Wilayah kerja eksplorasi mencapai 238 wilayah. Jumlah itu menyusut hingga 199 wilayah pada 2016. Sebanyak 37 wilayah di antaranya sedang dalam proses pengakhiran kontrak. 

     Sekarang kami sedang krisis. Wajong mengatakan investor sektor hulu migas sudah tidak tertarik Iagi pada Indonesia. Dengan kondisi seperti itu, menurut Wajong, cadangan migas pun terancam karena tidak ada penemuan sumur baru. Awal Februari lalu, juru bicara Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas), Taslim Yunus, mengatakan pemerintah perlu mengubah aturan biaya investasi untuk menarik minat investor. 

Menurut dia, eksplorasi merosot karena terjadi penurunan investor di hulu migas. Namun berbeda dengan catatan IPA, menurut SKK Migas, nilai investasi sektor hulu migas hanya turun menjadi US$ 12,01 miliar. Menurut Taslim, total kebutuhan migas pada 2025 sebesar 3,5 juta barrel of oil equivalent (BOE). 

Saat ini, kemampuan produksi migas hanya sekitar 2 juta BOE. Dengan eksplorasi dan drilling yang sangat sedikit, kemampuan produksi akan semakin menurun.

Kementerian Energi dan Sumber Daya Mineral sedang menyiapkan dokumen lelang 10 wilayah kerja baru minyak dan gas bumi. Penawaran akan dimulai pada Mei ini. Akhir Maret lalu, Direktur Pembinaan Usaha Hulu Migas, Tunggal, mengatakan Kementerian Energi akan menggunakan skema studi bersama di tujuh blok.  Sisanya akan ditawarkan melalui lelang reguler. Pemerintah juga sedang merewiew penawaran blok migas lain di luar 10 Wilayah kerja tersebut.

Saat ini Kementerian Energi menghadapi masalah belum diminatinya 15 dari 17 wilayah kerja migas yang ditawarkan. Tujuh dari 17 blok itu ditawarkan melalui skema lelang terbuka, yakni South CPP di Riau, Suremana I di Selat Makassar, South East Mandar di Sulawesi Selatan, North Arguni di Papua Barat, Kasuri II di Papua Barat, Manakarra Mamuju di Selat Makassar dan Oti di Kalimantan Timur. 

Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi, I Gusti Nyoman Wiratmaja, mengatakan sepinya peminat karena harga minyak mentah melemah.

Koran Tempo, Page-20, Friday, May, 12, 2017