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Thursday, June 21, 2018

Regular Auction of Oil and Gas Blocks Extended



The government extended the period of regular auction process of conventional oil and gas working area 2018 to 3 July. The extension was made due to the deadline of the auction along with the Eid al-Fitr 2018. In its official announcement, the access limit of the regular auction document of the oil and gas block was changed to June 26, 2018. While the deadline for submission of the tender participation documents was revised to July 3. Previously, access to documents was limited to 7 June and the filing of documents on June 19.

"It is prolonged because there is a long the Eid al-Fitr holiday," said Director General of Oil and Gas of the Ministry of Energy and Mineral Resources (EMR) Djoko Siswanto in Jakarta.

This is related to the Joint Decree of the Minister of Religious Affairs, the Minister of Manpower and the Minister of Administrative Reform of the State and Bureaucratic Reform of the Republic of Indonesia concerning the National Holidays and the Together Leave of 2018. Referring to this letter, June 19, which is the deadline for submission of documents for the participation of regular block auctions conventional oil and gas, still including the period of leave with the Eid al-Fitr

Based on the announcement of the EMR Ministry, regular candidate candidates may submit participation documents prior to the deadline by sending directly to the Directorate of Upstream Oil and Gas Business Development. The participating documents submitted will be recorded as auction participant and secured by confidentiality.

As is known, the government auctioned 26 blocks of oil and gas in the year, namely through direct offers and regular auctions. For four of the five oil and gas blocks auctioned through direct deals, the government has set a winner in early May. In detail, East Ganal Block was won by Eni Indonesia Ltd. East Seram by Lion Energy Ltd. Southeast Jambi by Talisman West Bengara Consortium BV-MOECO South Sumatra Co Ltd, and Citarum by PT Cogen Nusantara Energi and PT Green World Nusantara.

As for oil and gas blocks that are still in the process of regular auction there are 19 blocks. In detail, South CPR Nibung Block, Batu Gajah Dua, Air Komering, West Bukit, East Sokang, Banyumas, East Muriah, North Kangean, Andika Bumi Kita, Belayan, West Sangasanga, Suremana I, Southeast Mahakam, Mamuju Manukra, Karaeng, Ebuny, West Berau, and Cendrawasih Bay II.

At the auction of this oil and gas block the government set a minimum investment commitment and signature bonus that must be met by investors. In every oil and gas block, minimum investment commitment requested on average in the form of geological and geophysical (G & G) and seismic studies, only 12 oil and gas blocks are required to drill one exploration well. As for the average signature bonus is set at least US $ 500 thousand.

IN INDONESIA

Lelang Reguler Blok Migas Diperpanjang


Pemerintah memperpanjang jangka waktu proses lelang reguler wilayah kerja migas konvensional 2018 hingga 3 Juli. Perpanjangan dilakukan lantaran batas akhir lelang bersamaan dengan cuti bersama Idul Fitri 2018. Dalam pengumuman resminya, batas akses dokumen lelang reguler blok migas tersebut diubah menjadi 26 Juni 2018. Sementara batas akhir pemasukan dokumen partisipasi lelang direvisi menjadi 3 Juli. Sebelumnya, akses dokumen dibatasi sampai 7 Juni dan pemasukkan dokumen pada 19 Juni.

“Diperpanjang karena ada libur panjang Idul Fitri,” kata Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral (ESDM) Djoko Siswanto di Jakarta.

Hal tersebut terkait dengan Surat Keputusan Bersama (SKB) Menteri Agama, Menteri Ketenagakerjaan dan Menteri Pendayagunaan Aparatur Negara dan Reformasi Birokrasi Republik Indonesia tentang Hari Libur Nasional dan Cuti Bersama Tahun 2018. Mengacu surat ini, 19 Juni yang merupakan batas akhir pemasukan dokumen partisipasi lelang reguler blok migas konvensional, masih termasuk masa cuti bersama Idul Fitri.

Berdasarkan pengumuman Kementerian ESDM, calon peserta lelang reguler dapat memasukkan dokumen partipasi sebelum batas akhir pemasukan
dengan mengirimkan langsung ke Direktorat Pembinaan Usaha Hulu Migas. Dokumen partisipasi yang dimasukkan akan dicatat sebagai peserta lelang dan dijamin kerahasiaannya.

Seperti diketahui, pemerintah melelang 26 blok migas pada tahun, yakni melalui penawaran langsung dan lelang reguler. Untuk empat dari lima blok migas yang dilelang melalui penawaran langsung, pemerintah telah menetapkan pemenang pada awal Mei lalu. Rincinya, Blok East Ganal dimenangkan oleh Eni Indonesia Ltd. East Seram oleh Lion Energy Ltd. Southeast Jambi oleh Konsorsium Talisman West Bengara BV-MOECO South Sumatra Co Ltd, serta Citarum oleh PT Cogen Nusantara Energi dan PT Green World Nusantara.

Sementara untuk blok migas yang masih dalam proses lelang reguler terdapat 19 blok. Rincinya, Blok South CPR Nibung, Batu Gajah Dua, Air Komering, Bukit Barat, East Sokang, Banyumas, East Muriah, North Kangean, Andika Bumi Kita, Belayan, West Sangasanga, Suremana I, Southeast Mahakam, Manakarra Mamuju, Karaeng, Ebuny, West Berau, dan Cendrawasih Bay II.

Pada lelang blok migas ini pemerintah mengatur minimal komitmen investasi dan bonus tanda tangan yang harus dipenuhi investor. Di setiap blok migas, minimal komitmen investasi yang diminta rata-rata berupa studi geologi dan geofisika (G&G) dan seismik, hanya 12 blok migas yang diminta ada pengeboran masing-masing satu sumur eksplorasi. Sementara untuk bonus tanda tangan rata-rata ditetapkan minimal US$ 500 ribu. 

Investor Daily, Page-9, Tuesday, June 5, 2018

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