PT Pertamina (Persero) targets the establishment of a joint venture with Saudi Aramco for the revitalization project of Cilacap Refinery in Cilacap Regency, Central Java, can be realized next year.
Saudi Aramco
Pertamina Corporate Secretary Syahrial Muchtar said that the Cilacap Refinery development plan (RDMP) plan was still going according to plan and there were no obstacles. The oil and gas company owned by the Kingdom of Saudi Arabia which is Pertamina's partner in revitalizing the Cilacap Refinery is still committed to increasing the refinery's capacity.
"[Establishment of a joint venture company] we must start next year. Everything is still consistent, "he said, Monday (12/17).
Syahrial stressed that the ownership of each party in the joint venture did not change. In the joint venture, Pertamina has controlled 55% shares and Aramco has 45%. However, both parties are still calculating assets in the revitalization process of the Cilacap Refinery. The two companies have different value calculations so they have not yet obtained an agreement.
"That's normal. They count, we also count. This is the stipulation in what number will be agreed upon. "
Arcandra Tahar
Previously, Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar acknowledged, currently related to the Cilacap Refinery project, Pertamina is evaluating the establishment of a joint venture in order to obtain benefits in accordance with the business framework.
"The business framework already exists, but for example Cilacap, the calculation of the valuation of its assets that has not yet been agreed upon, must be calculated in detail," Arcandra said.
Mohammad bin Salman
During a visit to Buenos Aires, Argentina at the end of November 2018, Vice President Jusuf Kalla held a bilateral meeting with Crown Prince of Saudi Arabia Mohammad bin Salman on the sidelines of the G-20 Summit. The meeting took place in a bilateral area located at Costa Salguero Center, Buenos Aires.
Jusuf Kalla
Both are committed to strengthening relations between countries, especially in the field of economic investment. In the meeting, Jusuf Kalla said that Saudi Arabia asked the Indonesian Government to accelerate the realization of the construction of an oil refinery in Cilacap, Central Java.
"We have an agreement to build an oil refinery in Cilacap. They ask to be accelerated. The investment is very large, around US $ 56 billion.
IN INDONESIAN
Pertamina & Aramco Bentuk Usaha Patungan
PT Pertamina (Persero) menargetkan pembentukan perusahaan patungan bersama dengan Saudi Aramco untuk proyek revitalisasi Kilang Cilacap di Kabupaten Cilacap, Jawa Tengah dapat terealisasi tahun depan.
Sekretaris Perusahaan Pertamina Syahrial Muchtar menuturkan bahwa rencana revitalisasi (refinery development master plan/RDMP) Kilang Cilacap masih berjalan sesuai dengan rencana dan tidak ada kendala. Perusahaan migas milik Kerajaan Arab Saudi yang menjadi mitra Pertamina dalam revitalisasi Kilang Cilacap itu masih tetap berkomitmen untuk menambah kapasitas kilang itu.
“[Pembentukan perusahaan patungan] pada tahun depan pun harus bisa kami mulai. Semua masih konsisten,” ujarnya, Senin (17/12).
Syahrial menegaskan bahwa kepemilikan saham masing-masing pihak pada perusahaan patungan tidak mengalami perubahan. Dalam perusahaan patungan itu, Pertamina telah menguasai saham 55% dan Aramco 45%. Namun, kedua belah pihak masih menghitung aset dalam proses revitalisasi Kilang Cilacap. Kedua perusahaan itu memiliki perhitungan nilai yang berbeda sehingga belum memperoleh kesepakatan.
“ltu normal. Mereka hitung, kami juga hitung. Ini ketentuannya di angka berapa yang nanti disepakati.”
Sebelumnya, Wakil Menteri Energi dan Sumber Daya Mineral (ESDM) Arcandra Tahar mengakui, saat ini terkait dengan proyek Kilang Cilacap, Pertamina sedang mengevaluasi pembentukan usaha patungan agar dapat memperoleh keuntungan yang sesuai dengan kerangka bisnis.
“Kerangka bisnisnya sudah ada, tetapi misalnya Cilacap, perhitungan valuasi asetnya ini yang belum sepakat, harus dihitung secara detail,” kata Arcandra.
Dalam kunjungan ke Buenos Aires, Argentina pada akhir November 2018, Wakil Presiden Jusuf Kalla melakukan pertemuan bilateral dengan Putra Mahkota Kerajaan Arab Saudi Mohammad bin Salman di sela-sela Konferensi Tingkat Tinggi (KTT) G-20. Pertemuan tersebut berlangsung di area bilateral yang terletak di Costa Salguero Center, Buenos Aires.
Keduanya berkomitmen untuk mempererat hubungan antarnegara, khususnya di bidang investasi ekonomi. Dalam pertemuan tersebut, Jusuf Kalla menyampaikan bahwa Arab Saudi meminta Pemerintah Indonesia untuk dapat mempercepat realisasi pembangunan kilang minyak di Cilacap, Jawa Tengah.
“Kita sudah ada perjanjian untuk bangun kilang minyak di Cilacap. Mereka minta dipercepat. Investasinya sangat besar, sekitar US$ 56 miliar.
Bisnis Indonesia, Page-24, Wednesday, Dec 19, 2018
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