Margin Gas Sales Trimmed

The transition cuts margin to 7% granted for 18 months The Ministry of Energy and Mineral Resources (ESDM) finally cuts its gas sales margin through pipes from about 2.5% to 7%.

The provision is in the Minister of Energy and Mineral Resources Regulation N0. 58/2017 on Gas Sale Price through Pipes in Oil and Gas Downstream Business Activities. Not only cut the margin, in the new rules, the government also set the limit of return on the capital alias internal rate of return (IRR) is 11% in US Dollar. But it can be increased to 12% if infrastructure in the region has not developed (pioneering).

Ego Syahrial

Secretary-General of the ESDM Ministry Ego Syahrial said, with the regulation, gas prices to consumers can be more affordable and competitive. Even so, I can not guarantee the price of gas until the consumer can be US $ 6 per mmbtu, "he said

To be sure, the Ministry of Energy and Mineral Resources tries to follow the Presidential Regulation no. 40/2016 on Natural Gas Pricing.

"But the reality of specific development in the field is different," explained Ego.

Chairman of the Indonesian Natural Gas Trader Association (INGTA) aka Organization of Natural Gas Distributors Indonesia Sabrun Jamil stressed the decline in gas prices should start from upstream. Therefore, the largest component of gas prices in the upstream.

"Upstream has not been cut, the US $ 6 per mmbtu figure will not be achieved by this regulation, we usually sell US $ 9 per mmbtu," he said. But IRR at 11% 12%, according to the industry count.

Hatim Ilwan, Pertagas Public Relation & CSR Manager said that the target price of gas to consumers up to US $ (S per mmbtu is still difficult to achieve because the current average gas upstream price in the range of US $ 7-US $ 8 per mmbtu.

"If the upstream price is more than US $ 6 per mmbtu, how, perhaps, would give consumers a price of US $ 6 per mmbtu?" he said.

Based on data, at present, oil and gas upstream margin is 16%, transmission cost 5%, distribution cost 25%, and company margin reach 25% 35%. It's just that Hatim has not been able to answer Pertagas's gas trading margins by reason of not holding the data.

Secretary of PT Perusahaan Gas Negara Tbk (PGN), Rachmat Hutama, explained that the regulation on gas can reorganize the natural gas governance downstream for the better.

"This can rationalize the pricing of gas to the consumer," he said.

So, what about PGN gas prices? Based on data from the Ministry of Energy and Mineral Resources PGN gas prices in the West Java industry of US $ 8.77 per mmbtu, in Medan even reached US $ 12.22 per mmbtu.

Elisa Sinaga, Chairman of Indonesian Ceramic Industry Association, said that the Regulation of the Minister of EMR stated that the 18-month transition period for gas business entities to set a 7% margin and IRR of 11%.

"This rule is playful, we have been killed, he complained.

IN INDONESIA

Margin Penjualan Gas Dipangkas

Masa transisi memangkas margin menjadi 7% diberikan selama 18 bulan Kementerian Energi dan Sumber Daya Mineral (ESDM) akhirnya memotong margin penjualan gas bumi melalui pipa dari sekitar 2.5% menjadi 7%. 

Ketentuan itu ada didalam Peraturan Menteri ESDM N0. 58/2017 tentang Harga Jual Gas Bumi Melalui Pipa Pada Kegiatan Usaha Hilir Migas. Bukan saja memotong margin, dalam aturan baru itu, pemerintah juga menetapkan batasan pengembalian modal alias internal rate of return (IRR) paling besar 11% dalam mata uang dollar Amerika Serikat. Namun bisa ditambah menjadi 12%, jika infrastruktur di wilayah itu belum berkembang (pioneering).

Sekretaris Jenderal Kementerian ESDM Ego Syahrial mengatakan, dengan aturan tersebut, harga gas ke konsumen bisa lebih terjangkau dan kompetitif. Meski begitu, Saya tidak bisa menjamin harga gas hingga konsumen bisa US$ 6 per mmbtu," kata dia 

Yang pasti, Kementerian ESDM berusaha mengikuti Peraturan Presiden No. 40/2016 tentang Penetapan Harga Gas Bumi. 

"Tapi realitas pengembangan spesifik di lapangan berbeda-beda," terang Ego.

Ketua Indonesian Natural Gas Trader Association (INGTA) alias Organisasi Perusahaan Distributor Gas Alam Indonesia Sabrun Jamil menegaskan, penurunan harga gas harus dimulai dari hulu. Sebab, komponen terbesar harga gas di hulu. 

"Hulu belum dipotong. Angka US$ 6 per mmbtu tidak akan dicapai dengan (aturan) ini, kami biasa menjual US$ 9 per mmbtu," kata dia. Tapi IRR di 11%12%, sesuai hitungan industri.

Hatim Ilwan, Public Relattion & CSR Manager Pertagas mengatakan, target harga gas ke konsumen hingga US$ (S per mmbtu masih sulilt tercapai sebab rata-rata harga gas hulu saat ini di kisaran US$ 7-US$ 8 per mmbtu. 

"Jika harga hulu lebih dari US$ 6 per mmbtu, bagaimana, mungkin mau memberikan harga ke konsumen US$ 6 per mmbtu?" ungkapnya.

Berdasakan data, saat ini, margin hulu minyak dan gas 16%, biaya transmisi 5%, biaya distribusi 25%, dan margin perusahaan mencapai 25%35%. Hanya saja Hatim belum bisa menjawab margin niaga gas Pertagas dengan alasan tidak memegang data. 

Sekretaris PT Perusahaan Gas Negara Tbk (PGN) Rachmat Hutama menjelaskan, aturan soal gas pipa bisa menata kembali tata kelola gas bumi di hilir menjadi lebih baik. 

"Ini bisa merasionalkan penetapan harga gas ke konsumen," ujarnya.

Lantas, bagaimana dengan harga gas PGN? Berdasarkan data Kementerian ESDM harga gas PGN di industri Jawa Barat sebesar US$ 8,77 per mmbtu, di Medan bahkan mencapai US$ 12,22 per mmbtu.

Elisa Sinaga, Ketua Umum Asosiasi Aneka Industri Keramik Indonesia mengatakan Peraturan Menteri ESDM menyebutkan, masa transisi selama 18 bulan bagi badan usaha gas untuk menetapkan margin 7% dan IRR 11%. 

"Aturan ini main-main, sudah keburu mati kami, ujarnya mengeluh.

Kontan, Page-1, Friday, Jan 19, 2018