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Tuesday, November 7, 2017

Humpuss to Work on Java Floating Gas Floor 1



PT Humpuss Intermoda Transportasi Tbk (HITS) has shared with Exmar Marine NV NicoIas Saverys on October 10 last. They invest in floating gas terminal project Floating storage regasyicalion unit (FSRU) Gas Steam Power Plant (PLTGU) Java 1.

Just so you know, the operator of PLTGU Java I with a capacity of 1760 Megawatts (MW) is a consortium of Pertamina, Marubeni, Sojitz. The power plant project costs around US $ 1.8 billion. Meanwhile, Perusahaan Listrik Negara (PLN) has prepared the gas needs of PLTGU Java I from BP Tangguh.

President Director of PT Humpus Intermoda Transportasi Tbk Theo Lekatompessy said, with this cooperation HITS or Indonesia can get the source of FSRU technology and unlimited from Asian countries.

"In the LNG transport business, we have partnered with MOL Tokyo since 1985," he told KONTAN on Saturday (4/11).

Thoo revealed, it can not predict the end result of FRSU project for gas needs of PLTGU Java l.

"I can not say openly whether I won the PLN project or not yet, the official letter has not been issued from PLN," said Theo.

He said the official letter of the winner of FSRU auction of PLTGU Java I project is expected to come from PLN and Pertamina in the first quarter of 2018. Unfortunately, Humpuss does not want to disclose the total investment of FSRU for PLTGU Java I.

In addition to the FSRU PLTGU Java I project, Theo said it is also eyeing the potential of other FSRU projects to be auctioned between the period of 2017 to 2020. The project is located in the northern Philippines, southern Myanmar, eastern and central PLN, as well as other SOE projects with Indonesia and Asean market coverage.

"Asean market is about US $ 400 million, Projects can not be disclosed because there is a confidentiality agreement and business secret
reason, "he explained.

And the various projects, according to Theo, it requires funding of about US $ 300 million from loans. For creditors, it's not a local bank. Given that local banks set interest rates up to 12%. It has not yet calculated in detail the feasibility of the FSRU project.

"Revenue if the IRR (rate of return) 11% can not be calculated whether feasible or not," he said.

Despite the unattractive condition of the shipping industry, in the third quarter of 2017, HITS posted revenue growth of 20.68 percent to US $ 51.07 million. While earnings attributable to owners of the parent company shot 55%. From US $ 3.5 million in
in the third quarter of 2016 to US $ 4.85 million in the third quarter of 2017.

IN INDONESIA

Humpuss Akan Garap Terminal Gas Terapung Jawa 1


PT Humpuss Intermoda Transportasi Tbk (HITS) sudah berkongsi dengan Exmar Marine NV NicoIas Saverys pada 10 Oktober lalu. Mereka berinvestasi dalam proyek terminal gas terapung Floating storage regasyicalion unit (FSRU) Pembangkit Listrik Tenaga Gas Uap (PLTGU) Jawa 1.

Asal tahu saja, operator PLTGU Jawa I berkapasitas 1.760 Megawatt (MW) adalah konsorsium Pertamina, Marubeni, Sojitz. Proyek pembangkit ini menelan biaya sekitar US$ 1,8 miliar. Sementara Perusahaan Listrik Negara (PLN) sudah menyiapkan kebutuhan gas PLTGU Jawa I tersebut dari BP Tangguh.

Direktur Utama PT Humpus Intermoda Transportasi Tbk Theo Lekatompessy mengatakan, dengan kerjasama ini HITS atau Indonesia bisa
mendapatkan sumber teknologi FSRU dan tidak terbatas dari negara-negara Asia. 

"Di bisnis angkutan LNG, kami sudah bermitra dengan MOL Tokyo sejak tahun 1985," ungkapnya ke KONTAN, Sabtu (4/11).

Thoo mengungkapkan, pihaknya belum bisa memprediksi hasil akhir proyek FRSU untuk kebutuhan gas PLTGU Jawa l tersebut. 

"Saya tidak bisa bilang secara terbuka. Apakah sudah menang di proyek PLN atau belum. Surat resminya belum keluar dari PLN," kata Theo. 

Dia bilang, surat resmi pemenang lelang FSRU proyek PLTGU Jawa I diharapkan terbit dari PLN dan Pertamina pada kuartal I-2018. Sayangnya, Humpuss belum mau mengungkapkan total investasi FSRU untuk PLTGU Jawa I.

Selain proyek FSRU PLTGU Jawa I itu, Theo mengungkapkan pihaknya juga mengincar potensi proyek untuk FSRU lain yang akan dilelang antara kurun waktu tahun 2017 sampai 2020 mendatang. Proyek itu terletak di Filipina utara, Myanmar selatan, PLN wilayah timur dan tengah, Serta proyek BUMN lain dengan cakupan pasar Indonesia dan Asean. 

"Pasar Asean itu sekitar US$ 400 juta, Proyek-proyek tidak bisa di disclose karena ada confidentiality agreement and business secret reason," jelasnya.

Dan berbagai proyek tersebut, menurut Theo, pihaknya membutuhkan dana sekitar US$ 300 juta yang berasal dari pinjaman. Untuk kreditur, rasanya tidak bank lokal. Mengingat bank lokal menetapkan bunga pinjaman hingga 12%. Pihaknya belum menghitung secara mendetail kelayakan proyek FSRU itu. 

"Pendapatan kalau IRR (tingkat pengembalian) 11% belum bisa dihitung apakah layak atau tidak," katanya.

Meski kondisi industri perkapalan masih tidak menarik, di kuartal III-2017, HITS mampu mencatatkan pertumbuhan pendapatan sekitar 20,68% menjadi US$ 51,07 juta. Sedangkan laba yang dapat diatribusikan ke pemilik entitas induk melesat 55%. Dari US$ 3,5 juta di kuartal III-2016 menjadi US$ 4,85 juta di kuartal III-2017. 

Kontan, Page-13, Monday, Nov 6, 2017

1 comment:

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