Three Missed Gas Project

OIL AND GAS PRODUCTION

    Production of three oil and gas blocks shifted backward in the next year than this year because of the production facility is not ready. Based on data from Special Unit of Upstream Oil and Gas (SKK Migas), in 2016, targeted 13 oil and gas production facilities can operate, but until the end of the year there were only ten projects were realized. 

     Head of Public Relations SKK Migas Taslim Z. Yunus said the three projects namely Matindok retreat in Central Sulawesi, Wasambo in South Sulawesi, and Simenggaris in North Borneo.

    He said the project Matindok operated by PT Pertamina Exploration and Production (EP) retreated due to change of work done by contractors. According to him, these changes require considerable time in making decisions because of concerns the additional funds. Indeed, the production facilities are often delayed because of change orders [job change]. It concerns the additional funds, if additional funds rather timidly.

    Meanwhile, Wasambo project that has been operated by Energy Equity Epic Sengkang retreated operating schedules. This was due to the immature state of downstream activities related to liquefied natural gas / LNG That will be supplied from the block. Project Simenggaris (JOB Pertamina-Medco E&P Simenggaris) experience delays in operation due to the immature state of the production facility. Matindok project will produce 65 MMSCFD of gas and 500 barrels of oil per day (bpd).

    Wasambo projected to produce 80 MMSCFD gas and initially targeted operations in the third quarter / 2016 and supply gas to South Sumatra LNG. As a result of the delay, the SS LNG will be supplied from Bontang during Wasambo not produce gas. Meanwhile, gas production from Simenggaris projected at 30 MMSCFD.

    Several projects have already been produced throughout 2016 is Banyu Urip Train B operated by ExxonMobil Cepu Ltd. with a capacity of 185,000 bpd, Bukit Tua ORF with Petronas Carigali operator Ketapang 2 Ltd. with a production capacity of 20,000 bpd of oil and gas of 50 MMSCFD.

    In addition, the project operator Donggi with Pertamina EP has also produced 250 bpd of oil and gas of 60 MMSCFD. Project Pondok Makmur producing 4,000 bpd of oil and 42 MMSCFD gas. ConocoPhillips project Grisik Ltd namely Compression Paddle-2 has been producing 160 MMSCFD gas. IDD project with operator Chevron Indonesia Bangka Co. Rapak gas producing 4,000 bpd and 115 MMSCFD gas.

IN ENGLISH

Tiga Proyek Migas Meleset

    Produksi tiga blok minyak dan gas bumi bergeser mundur pada tahun depan dari target tahun ini karena fasilitas produksi belum siap. Berdasarkan data Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas), pada 2016 ditargetkan 13 fasilitas produksi migas bisa beroperasi, tetapi hingga akhir tahun hanya ada sepuluh proyek yang terealisasi. 

     Kepala Bagian Hubungan Masyarakat SKK Migas Taslim Z. Yunus mengatakan, ketiga proyek yang mundur tersebut yakni Matindok di Sulawesi Tengah, Wasambo di Sulawesi Selatan, dan Simenggaris di Kalimantan Utara.

    Dia menyebutkan, proyek Matindok yang dioperasikan oleh PT Pertamina Eksplorasi dan Produksi (EP) mundur karena ada perubahan pekerjaan yang dilakukan oleh kontraktor. Menurutnya, perubahan tersebut memerlukan waktu yang cukup lama dalam pengambilan keputusan lantaran menyangkut tambahan dana. Memang fasilitas produksi seringkali tertunda karena change order [perubahan pekerjaan]. Itu menyangkut tambahan dana, kalau tambahan dana agak takut-takut.

    Sementara itu, proyek Wasambo yang di operasikan oleh Energy Equity Epic Sengkang mundur jadwal pengoperasian. Hal itu disebabkan belum siapnya kegiatan hilir terkait dengan gas alam cair/LNG Yang akan dipasok dari blok tersebut. Proyek Simenggaris (JOB Pertamina-Medco E&P Simenggaris) mengalami keterlambatan operasi karena belum siapnya fasilitas produksi. Proyek Matindok akan memproduksi gas 65 MMscfd dan minyak 500 barel per hari (bph).

    Wasambo diproyeksi menghasilkan gas 80 MMscfd dan awalnya ditarget beroperasi pada kuartal III/2016 dan memasok gas ke South Sumatra LNG. Akibat keterlambatan, SS LNG akan mendapat pasokan dari Bontang selama Wasambo belum menghasilkan gas. Sementara itu, produksi gas dari Simenggaris diproyeksi sebesar 30 MMscfd.

    Beberapa proyek yang telah berproduksi sepanjang 2016 adalah Banyu Urip Train B yang dioperasikan ExxonMobil Cepu Ltd. dengan kapasitas 185.000 bph, Bukit Tua ORF dengan operator Petronas Carigali Ketapang 2 Ltd. dengan kapasitas produksi minyak 20.000 bph dan gas 50 MMscfd.

    Selain itu, proyek Donggi dengan operator Pertamina EP juga telah memproduksi minyak 250 bph dan gas 60 MMscfd. Proyek Pondok Makmur memproduksi minyak 4.000 bph dan gas 42 MMscfd. Proyek milik ConocoPhillips Grisik Ltd yaitu Dayung Compression-2 telah memproduksi gas 160 MMscfd. proyek IDD Bangka dengan operator Chevron Indonesia Co. Rapak memproduksi gas 4.000 bpd dan gas 115 MMscfd.

Bisnis Indonesia, Page-30, Wednesday, Dec,28,2016

Pertamina Focus 2 Block in Iran

PT Pertamina will focus on acquiring Block Ab Teymour and Mansauri in Iran next year.

    Oil and gas companies belonging to the country should apply for prciposal containing the technical and financial aspects of the study to the Iranians against the two blocks by February 2017. Pertamina's upstream director Syamsu Alam said that the company would be serious to work two oil and gas fields in Iran. In 2017, Pertamina will focus on acquiring blocks, although the company is also targeting several oil and gas fields in Russia, Africa, and other countries in the Middle East.

    According to him, there are several companies that are also eyeing the two blocks in Iran. Pertamina should be able to convince the National Iranian Oil Company (NIOC). Syamsu added that the company will not dominate the block entirely because they have a local partner. We most likely will be the operator [in Block Ab Teymour and Mansouri] if the regulation there, right Pertamina asked to invite local partners.

    He targeted, state-owned oil and gas it can submit a proposal related to technical and financial aspects on the block in February 2017. Block Ab Mansouri Teymour and each has oil reserves of about 3 billion barrels. February we put in a proposal, then asked them [NIOC] is Pertamina must show technical and financial capability interesting. Extra Special activities overseas assets, said Syamsu, the company allocated a capital expenditure of US $ 1 billion to $ 1.5 billion in 2017 as this year's allocation.

    President Joko Widodo has also instructed the Ministry of Energy and Mineral Resources (ESDM), the Ministry of SOEs, and Pertamina to immediately realize the cooperation management of oil fields in Iran. EMR Minister Ignatius Jonan said the government would propose Pertamina to become the operator. Currently, he said, Pertamina is preparing a proposal block management in Iran. Currently, Pertamina has been producing oil in the three countries of Iraqis, Algeria, and Malaysia. Courses in Iraq came from West Qurna 1 with 178 active wells.

    On the block, ExxonMobil controls the shares of participation 32.69% and is the operator, 32.69% PetroChina, Shell 19.62%, Pertamina International Exploration & Production (PIEP) controls 10%, and the South Oil Company (SOC) Iraq 5% , Pertamina is targeting aggressive growth in 2017 compared with this year. It was marked by the projected increase in net profit in 2017 rose 6% to US $ 3.04 billion compared with prognosis in 2016 amounted to US $ 2.88 billion.

    The achievement was supported by the projected increase in revenue surged 15% to US $ 42.59 billion compared with the prognosis in 2016 amounted to US $ 37.03 billion. Commissioner of Pertamina Mr. Abeng said the company's performance in 2016 is quite positive at the time oil prices fell and the expected performance of it can be maintained. Therefore, an increase in efficiency in all business lines were maintained.

    Tanri explained, the general meeting of shareholders (AGM) Pertamina agreed on all the exciting work plan in 2017 so that it can be better than this year. From the upstream side, Pertamina should more aggressively seek to add fields to spare both domestically and abroad.

IN INDONESIAN

Pertamina Fokus 2 Blok di Iran

PT Pertamina akan Fokus untuk mengaukuisisi Blok Ab Teymour dan Mansauri di Iran pada tahun depan.

    Perusahaan minyak dan gas bumi milik negara itu harus mengajukan prciposal yang berisi kajian teknis dan aspek finansial kepada pihak Iran terhadap dua blok tersebut paling lambat Februari 2017. Direktur Hulu Pertamina Syamsu Alam mengatakan, perseroan akan serius untuk menggarap dua lapangan migas di Iran. Pada 2017, Pertamina akan fokus untuk mengakuisisi blok, kendati perseroan juga membidik beberapa blok migas di Rusia, Afrika, dan negara lain di Timur Tengah.

    Menurutnya, terdapat beberapa perusahaan yang juga mengincar dua blok di Iran tersebut. Pertamina harus mampu meyakinkan National Iranian Oil Company (NIOC). Syamsu menambahkan, perseroan tak akan menguasai blok tersebut seluruhnya karena harus menggandeng mitra lokal. Kami kemungkinan besar akan jadi operator [di Blok Ab Teymour dan Mansouri] kalau di regulasi di sana, kan Pertamina diminta untuk mengajak mitra lokal.

Dia menargetkan, BUMN migas itu dapat mengajukan proposal terkait aspek teknis dan finansial atas kedua blok itu pada Februari 2017. Blok Ab Teymour dan Mansouri masing-masing memiliki cadangan minyak sekitar 3 miliar barel. Februari kami masukkan proposal, kemudian yang diminta mereka [NIOC] adalah Pertamina harus bisa menunjukkan kemampuan technical dan finansialnya menarik. Khusus kegiatan penambahan aset di luar negeri, ujar Syamsu, perusahaan mengalokasikan belanja modal senilai US$1 miliar US$ 1,5 miliar pada 2017 sama seperti alokasi tahun ini.

    Presiden Joko Widodo juga telah memerintahkan Kementerian Energi dan Sumber Daya Mineral (ESDM), Kementerian BUMN, dan Pertamina untuk segera merealisasikan kerja sama pengelolaan ladang minyak di Iran. Menteri ESDM Ignasius Jonan mengatakan, pemerintah tentu akan mengusulkan Pertamina untuk menjadi operator. Saat ini, katanya, Pertamina tengah menyusun proposal pengelolaan blok di Iran. Saat ini, Pertamina sudah memproduksi minyak di tiga negara yakni lrak, Aljazair, dan Malaysia. Di Irak berasal dari Lapangan West Qurna 1 dengan 178 sumur aktif.

    Pada blok tersebut, ExxonMobil menguasai saham partisipasi 32,69% dan menjadi operator, PetroChina 32,69%, Shell 19,62%, Pertamina Internasional Eksplorasi & Produksi (PIEP) menguasai 10%, dan South Oil Company (SOC) Iraq 5%. Pertamina menargetkan pertumbuhan agresif pada 2017 dibandingkan dengan tahun ini. Hal itu ditandai dengan proyeksi peningkatan pertumbuhan laba bersih 2017 yang naik 6% menjadi US$ 3,04 miliar dibandingkan dengan prognosa 2016 sebesar US$ 2,88 miliar.

    Pencapaian tersebut ditopang oleh proyeksi kenaikan pendapatan yang melonjak 15% menjadi US$42,59 miliar dibandingkan dengan prognosa 2016 sebesar US$ 37,03 miliar. Komisaris Utama Pertamina Tanri Abeng mengatakan, capaian perseroan pada 2016 cukup positif pada saat harga minyak turun dan diharapkan kinerja itu dapat dipertahankan. Oleh karena itu, peningkatan efisiensi di semua lini usaha tetap dipertahankan.

    Tanri menjelaskan, dalam rapat umum pemegang saham (RUPS) Pertamina disepakati semua rencana kerja yang menantang pada 2017 sehingga bisa lebih baik dari tahun ini. Dari sisi hulu, Pertamina harus lebih agresif mencari ladang untuk bisa menambah cadangan baik di dalam negeri maupun di luar negeri.

Bisnis Indonesia, Page-30, Wednesday, Dec,28,2016

It is believed Increasing Energy Prices

The price of energy commodities such as oil, natural gas, and coal expected to increase in the next year along with the reduced fren surplus supply in the market.

    On Tuesday (27/12) at 17:44 pm, the price of WTI oil contracts in February 2017 is at US $ 53.16 per barrel, up 0.14 points or 0.26%. Meanwhile, the price of Brent oil contract last February 2017 at US $ 55.16, the same as the previous trade. At the same time, the price of natural gas contracts in January 2017 heats up 2.89% or 0.1 points towards 3.76 mmbtu. At the close of trade on Friday (23/12), the price of the coal contract in January 2017 in Rotterdam ICE exchange rose 0.12%, or 0.1 points, to US $ 83.85 per ton. Financial Company Limited lnternational Choice explained in his research, in November 2016, WTI oil prices managed to rise 6%, while Brent grew 6.6%.

    The main sentiment drives prices is planned production cuts by number of producing countries. In a 30 November meeting in Vienna. Austria, the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut production in early January 2017 by 1.2 million barrels per day (bpd), or more than 3% to the 32.5 million bpd. Saudi Arabia will take the lion's share by cutting around 486,000 bpd to 10.06 million bpd. As for the Iraqis, as the second largest producer of OPEC, which previously refused finally agreed to cut production by 200,000 bpd to 4.35 million bpd.

    Meanwhile, Iran choose to maintain the level of mining amounted to 3.68 million bpd to rebuild after the lifting of sanctions export market in early 2016. The agreement in Vienna was a victory for all members of OPEC. History shows both in the organization is committed, but poor in implementation, "cites research that, on Tuesday (27/12). Meanwhile, US crude oil inventories showed 'a rising trend since October 2016.

    On 30 September 2016, the stock of approximately 469.1 million barrels grew 21.17 million barrels on 11 November 2016 be 490.28 million barrels. Trends inventory gradually thinned toward 485.45 million barrels at December 16, 2016. The market is still wait and see the continuation of US stocks for the oil price, taking into account the cold weather conditions in the US.

THE FED

    According to Choice, oil prices entered a bullish trend in line with the expectations balance Clan supply demand, so prices are likely to improve in 2017. However, the challenge still facing of the plan the Fed to raise interest rates three times. The Fed raising interest rates became the basis of the strengthening US dollar, putting pressure on demand for the commodity. On the other hand, the level of OPEC production above 30 million bpd limit price growth.

    Strengthening oil prices will support the increase in commodity prices of other energy. In the next month, Choice predict the price of oil will be in the range of US $ 48-US $ 58 a barrel. For natural gas, the price at New York Mercantile Exchange grew more than 10% in November 2016 because of strong demand in the winter. About 50% of homes in the US use the commodity as a heater.

    The cold weather is a major factor affecting natural gas demand, "cites research Choice. Citing data from the US Energy Information Administration, natural gas stockpiles per December 9 already tunm to 147 billion cubic feet, compared with the previous year. Some analysts still anticipate inventory reports ahead ahead to predict prices. With a projected level of natural gas production and exports remained strong bearish, the price is likely to strengthen next year. the positive sentiment came from the industrial sector consumption growth.

    In the next month, the price of natural gas is predicted to move in the range of US $ 3,21- $ 3.9 per mmbtu. In other research, investment banking firm Albilad Capital, expressed in oil prices has improved along with the reduced surplus of supply. In 2015, the surplus amounted to 2.05 million bpd supply is reduced to the 190,000 bpd in the quarter III / 2016. Turkey Fadaak, Research & Advisory Manager Albilad Capital, said that with the OPEC production cuts and other producing countries in oil prices in 2017 will grow in the range of US $ 51 per barrel.

    Saudi Arabia's production level will drop to 10.06 million bpd from 10.39 million bpd in 2016 number. Andy Wibowo Gunawan, Senior Analyst Daewoo Securities Indonesia, said coal prices fueled by Chinese government intervenes measures the amount of production in the country. Starting April 2016, the local government set a firm working time cuts coal per year from 330 days to 276 days per year.

    The World Bank report said the Chinese government plans to reduce the stock of coal is between 60% -64% by 2020 and switch to nuclear power, natural gas, and renewable energy. Production of national black stone is also cut by 500 tons in the next 3-5 years. Andy predict the price of black stone they will heat up next year with a range of US $ 65-US $ 70 per ton which is mainly driven by China sentiment. Trends significant increase will be felt until the first half of 2017.

IN ENGLISH

Harga Energi Diyakini Meninggi

Harga komoditas energi seperti minyak, gas alam, dan batu bara diperkirakan semakin meningkat pada tahun depan seiring dengan berkurangnya fren surplus pasokan di pasar.

    Pada perdagangan Selasa (27/12) pukul 17:44 WIB, harga minyak WTI kontrak Februari 2017 berada di posisi US$ 53,16 per barel, naik 0,14 poin atau 0,26%. Sementara itu, harga minyak Brent kontrak Februari 2017 bertahan di US$ 55,16, sama seperti perdagangan sebelumnya. Dalam waktu yang sama, harga gas alam kontrak Januari 2017 memanas 2,89% atau 0,1 poin menuju 3,76 mmbtu. Pada penutupan perdagangan Jumat (23/12), harga batu bara kontrak Januari 2017 di bursa ICE Rotterdam meningkat 0,12% atau 0,1 poin menjadi US$ 83,85 per ton. Perusahaan finansial Choice lnternational Limited dalam risetnya memaparkan, pada November 2016, harga minyak WTI berhasil meningkat 6%, sedangkan Brent tumbuh 6,6%.

    Sentimen utama yang mendorong harga ialah rencana pemangkasan produksi oleh sejumlah negara produsen. Dalam rapat 30 November di Wina. Austria, Organization of the Petroleum Exporting Countries (OPEC) sepakat memangkas produksi pada awal Januari 2017 sebesar 1,2 juta barel per hari (bph), atau lebih dari 3% menuju 32,5 juta bph. Arab Saudi akan mengambil bagian terbesar dengan pemotongan sekitar 486.000 bph menjadi 10,06 juta bph. Adapun lrak, sebagai produsen kedua terbesar OPEC, yang sebelumnya menolak akhirnya sepakat memangkas produksi 200.000 bph menjadi 4,35 juta bph.    

    Sementara itu, Iran memilih mempertahankan level penambangan sebesar 3,68 juta bph untuk membangun kembali pasarnya pasca pencabutan sanksi ekspor pada awal 2016. Perjanjian di Wina merupakan kemenangan bagi semua anggota OPEC. Sejarah menunjukkan organisasi baik dalam berkomitmen, tetapi buruk dalam implementasi," mengutip riset itu, Selasa (27/12). Sementara itu, persediaan minyak mentah AS menunjukkan 'tren meningkat sejak Oktober 2016.

    Pada 30 September 2016, stok sekitar 469,1 juta barel tumbuh 21,17 juta barel pada 11 November 2016 menjadi 490,28 juta barel. Tren persediaan berangsur menipis menuju 485,45 juta barel pada 16 Desember 2016. Pasar masih menunggu dan melihat kelanjutan stok AS terhadap harga minyak, dengan mempertimbangkan kondisi cuaca dingin di AS.

THE FED

    Menurut Choice, harga minyak memasuki tren bullish seiring dengan adanya ekspektasi keseimbangan suplai Clan permintaan, sehingga harga cenderung membaik pada 2017. Namun, tantangan masih menghadang dari rencana The Fed yang menaikkan suku bunga sebanyak tiga kali. Penaikan suku bunga The Fed menjadi basis penguatan dolar AS, sehingga menekan permintaan komoditas minyak. Di sisi lain, produksi OPEC di atas level 30 juta bph membatasi pertumbuhan harga.

    Penguatan harga minyak akan mendukung peningkatan harga komoditas energi lainnya. Pada bulan depan, Choice memprediksi harga minyak akan berada dalam rentang US$ 48-US$ 58 barel. Untuk gas alam, harga di bursa Nymex tumbuh melebihi 10% pada November 2016 karena menguatnya permintaan dalam musim dingin. Sekitar 50% rumah di AS menggunakan komoditas tersebut sebagai pemanas.

    Cuaca dingin menjadi faktor utama yang memengaruhi permintaan gas alam," mengutip riset Choice. Mengutip data U.S. Energy Information Administration, stok gas alam per 9 Desember sudah tunm ke 147 miliar kaki kubik, dibandingkan dengan tahun sebelumnya. Beberapa analis masih mengantisipasi laporan persediaan ke depan ke depan untuk memprediksi harga. Dengan proyeksi tingkat produksi gas alam melesu dan ekspor tetap kuat, harga berpeluang menguat tahun depan. Sentimen positif juga datang dari pertumbuhan konsumsi sektor industri.

    Pada bulan depan, harga gas alam diprediksi bergerak dalam kisaran US$ 3,21- US$3,9 per mmbtu. Dalam riset lainnya, perusahaan bank investasi Albilad Capital, menyampaikan harga minyak semakin membaik seiring dengan berkurangnya suprlus pasokan. Pada 2015, surplus pasokan sebesar 2,05 juta bph berkurang menuju 190.000 bph pada kuartal lll/2016. Turki Fadaak, Research & Advisory Manager Albilad Capital, menuturkan dengan adanya pemangkasan produksi OPEC dan negara produsen lain harga minyak 2017 akan tumbuh di kisaran US$51 per barel.

    Tingkat produksi Arab Saudi akan turun menjadi 10,06 juta bph dari 2016 sejumlah 10,39 juta bph. Andy Wibowo Gunawan, Senior Analyst Daewoo Securities Indonesia, mengatakan harga batu bara memanas akibat langkah pemerintah China yang mengintervensi jumlah produksi di dalam negeri. Mulai April 2016, pemerintah setempat menetapkan pemangkasan waktu kerja perusahaan batu bara dari 330 hari per tahun menjadi 276 hari per tahun.

    Laporan Bank Dunia menyebutkan pemerintah China berencana mengurangi stok batu bara antara 60%-64% sampai 2020 dan beralih ke tenaga nuklir, gas alam, serta energi terbarukan. Produksi batu hitam nasional juga dipangkas sebesar 500 ton dalam 3-5 tahun ke depan. Andy memprediksi harga batu hitam masih akan memanas hingga tahun depan dengan kisaran US$ 65-US$ 70 per ton yang utamanya didorong oleh sentimen China. Tren kenaikan signifikan akan terasa sampai pertengahan tahun pertama 2017.

Bisnis Indonesia, Page-16, Wednesday, Dec,28,2016

Pertamina Must Manage Block Out of Contract

    The role of PT Pertamina as national oil companies (national oil company / NOC) should be expanded to provide an opportunity to manage and exploit oil and gas blocks nationwide. Moreover, the new Pertamina contributed 26% of
national oil and gas products, NOC far when compared to other countries such as Malaysia's Petronas, which have contributed up to 70%. After being appointed to manage the Mahakam block began in January 2018 and got the full right management of the Offshore North West Java [ONWJ], Pertamina also be appointed to manage Sanga-Sanga who is out of contract in August 2018.

    As of June 30, 2016, Special Unit of Upstream Oil and Gas (SKK Migas) recorded Sanga-Sanga accounted ready to sell oil production (lifting) 18 thousand barrels per day. While lifting gas by 31 thousand barrels of oil equivalent per day (boepd). Head of Public Relations SKK Migas Taslim Z Yunus said the contract decision Sanga-Sanga in the hands of the government through the Ministry of Energy and Mineral Resources (ESDM).

    Pertamina has the right and priority to ask who is out of contract because the field has been set regulation. Pertamina so submit a work plan for the next 20 years. Head of Communications, Public Information Service and Cooperation of the Ministry of Energy Sujatmiko said the government will provide a great opportunity for Pertamina to manage oil and gas blocks are out of contract. Pertamina as the representative of the state in oil and gas sector will certainly have the support of the state to develop the oil and gas sector.

    Pertamina given the freedom of business, given the freedom tandem partner, the same yesterday to the Iranian government G to G with Iran, then it only just continue the talks, "he said. According to members of the National Energy Council (DEN) Syamsir Abduh, granting the right to manage the expired blocks to Pertamina becomes a necessity.

    The government should place the role and position of Pertamina in accordance with the nature and purpose of its formation by independently managing oil and gas blocks in the country. Observers energiv of Reforminer Institute Komaidi Notonegoro assess Pertamina has been shown to be ready.

    However, due to a matter of business, Pertamina would be more prudent to take over oil and gas blocks out of contract. Pertamina should also selectively choose the field that will be taken, should be measured all aspects of readiness, "said Komaidi. Earlier, Commissioner of Pertamina Mr. Abeng said in 2016, Pertamina has a nice achievement, but shareholders gave the aspiration that the company's performance is much better again.

    In 2017, on the upstream side, Pertamina should be more aggressive look for the fields to be able to add reserves in the country and abroad. On the downstream side, all lines to be driven increase efficiency. Pertamina is projecting an increase in net profit in 2017 rose 6% to US $ 3.04 billion of prognosis in 2016 amounted to US $ 2.88 billion.

IN INDONESIAN

Pertamina Harus Kelola Blok Habis Kontrak

    Peran PT Pertamina sebagai perusahaan minyak nasional (national oil company/NOC) harus diperluas dengan memberi kesempatan untuk mengelola dan mengusahakan blok-blok migas nasional. Apalagi Pertamina baru berkontribusi 26% dari
produk migas nasional, jauh jika dibandingkan dengan NOC negara lain seperti Petronas Malaysia yang telah berkontribusi hingga 70%. Setelah ditunjuk mengelola Blok Mahakam mulai Januari 2018 dan mendapat hak sepenuhnya pengelolaan Blok Offshore North West Java [ONWJ], Pertamina juga bisa ditunjuk mengelola Blok Sanga-Sanga yang akan habis masa kontraknya pada Agustus 2018.

    Per 30 Juni 2016, Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas (SKK Migas) mencatat Blok Sanga-Sanga menyumbang produksi siap jual minyak (lifting) 18 ribu barel per hari. Sementara lifting gas sebanyak 31 ribu barrel of oil equivalent per day (boepd). Kepala Bagian Humas SKK Migas Taslim Z Yunus mengatakan keputusan kontrak Blok Sanga-Sanga ada di tangan pemerintah melalui Kementerian Energi dan Sumber Daya Mineral (ESDM).

    Pertamina mempunyai hak dan prioritas untuk meminta lapangan yang habis kontraknya karena telah diatur regulasi. Pertamina jadi menyampaikan rencana kerja untuk 20 tahun ke depan. Kepala Biro Komunikasi, Layanan Informasi Publik dan Kerja Sama Kementerian ESDM Sujatmiko mengatakan pemerintah akan memberikan kesempatan yang besar bagi Pertamina untuk mengelola blok migas yang habis kontraknya. Pertamina sebagai wakil negara dalam sektor migas tentu akan mendapat dukungan dari negara mengembangkan sektor migas.

    Pertamina diberikan keleluasaan bisnis, diberi kebebasan gandeng partner, sama kemarin ke Iran- pemerintah G to G dengan Iran, kemudian Pertamina hanya tinggal melanjutkan pembicaraan,” ungkap dia. Menurut anggota Dewan Energi Nasional (DEN) Syamsir Abduh, pemberian hak kelola blok expired kepada Pertamina menjadi sebuah keniscayaan.

    Pemerintah harus menempatkan peran dan posisi Pertamina sesuai dengan hakikat dan tujuan pembentukannya dengan mengelola blok migas secara mandiri di Tanah Air. Pengamat energiv dari Reforminer Institute Komaidi Notonegoro menilai Pertamina telah terbukti siap.

    Namun karena menyangkut masalah bisnis, Pertamina tentu akan lebih hati-hati mengambil alih blok migas yang habis kontraknya. Pertamina perlu juga selektif memilih lapangan yang akan diambil, harus diukur semua aspek kesiapannya,” kata Komaidi. Sebelumnya, Komisaris Utama Pertamina Tanri Abeng mengatakan pada 2016 pencapaian Pertamina sudah bagus, tetapi pemegang saham memberikan aspirasi agar kinerja perusahaan jauh lebih bagus lagi.

    Pada 2017, dari sisi hulu, Pertamina harus lebih agresif mencari ladang untuk bisa menambah cadangan dalam negeri dan luar negeri. Di sisi hilir, semua lini dipacu meningkatkan efisiensi. Pertamina memproyeksikan peningkatan laba bersih 2017 sebesar 6% menjadi US$ 3,04 miliar dari prognosis 2016 sebesar US$ 2,88 miliar.
Media Indonesia, Page-19, Tuesday, Dec, 27,2016

Pertamina "is" Not Dairy Cattle

    Request for funding corporate social responsibility (CSR) or corporate social responsibility PT Pertamina by the Ministry of Energy and Mineral Resources to fund some health officials regrettable. Demand was by no means the exploitation of state-owned enterprises (SOEs).

    Through a letter dated December 8, 2016, the Ministry of Energy requested oil company red plate gives CSR funds for health insurance 58 high leadership primary, 15 experts and 218 officials administrator. The Ministry argues they do not allocate the budget to the health experts, who joins assist the Minister in the early years when the budget is prepared. The demand is very awkward. Supposedly, the Ministry of Energy to understand that CSR funds of state enterprises can not be allocated arbitrarily.

    Everything must be decided by a general meeting of shareholders, in this case by the Ministry of SOEs. The Ministry of Energy can not arbitrarily suppress PT Pertamina to disburse the aid. Moreover, state-owned companies use CSR funds are already regulated in Law Number 40 Year 2007 regarding Limited Liability Company.

     Article 74 paragraph 1 of the law mentioned, the company engaged in natural resource Mandatory implement CSR. If not, they will be penalized. CSR funds could be spent on infrastructure or educational facilities and places of worship in the company operates.

    Rules also clearly set up two classes of beneficiaries of CSR, namely the stakeholders in the company-the board of directors, managers, members of staff, and administration as well as stakeholders outside the company, ie customers, suppliers, local communities, and local governments.

    Beyond that there is no other institution that may enjoy the CSR funds. Abundant funds administered SOEs, around Rp 1,400 trillion, is often used as a field extortion for personal or group interests. SOE also seemed to be a dairy cow. In an age of SOE Minister Dahlan Iskan, a practice that has become a tradition that seeks to be eroded.

     Dahlan grouping them frequently intervenes and squeeze SOEs, including those close to power, the Internal Ministry, state, members of the House of Representatives (DPR), community leaders, non-governmental organizations (NGOs), local governments, law enforcement agencies, unscrupulous media , crony directors of state enterprises and foreign intervention.

    The intention of the Ministry of Energy this time is tantamount to a group called Dahlan it. They intend to use the funds CSR PT Pertamina's interests outside which is set by law. It's not procedure. If this request is approved, it would be a bad precedent for other state enterprises.

    Luckily, after the fuss in the media, the Ministry of Energy withdraw the request letter on Friday 23 Des 2016. The letter, signed by the Secretary General of the Ministry of Energy, Pamudji True, it was not known to the Minister Ignatius Jonan. So as not to repeat itself, the Minister Jonan need to take action in the form of reprimand. If necessary, to impose sanctions on those who do this dirty practice. Internal control of the Ministry of Energy also needs to be addressed and tightened.

IN INDONESIAN

Pertamina Bukan Sapi Perah

    Permintaan dana corporate social responsibility (CSR) atau tanggung jawab sosial perusahaan PT Pertamina oleh Kementerian Energi dan Sumber Daya Mineral untuk dana kesehatan beberapa pejabatnya patut disesalkan. Permintaan itu tak ubahnya pemerasan terhadap badan usaha milik negara (BUMN).

     Melalui Surat bertanggal 8 Desember 2016, Kementerian Energi meminta perusahaan minyak pelat merah itu memberikan dana CSR untuk jaminan kesehatan 58 pimpinan tinggi utama, 15 tenaga ahli, dan 218 pejabat administrator.

     Kementerian beralasan mereka tidak mengalokasikan anggaran untuk kesehatan para tenaga ahli tersebut, yang bergabung membantu Menteri pada awal tahun saat anggaran disusun.  Permintaan tersebut amat janggal. Semestinya, Kementerian Energi paham bahwa dana CSR perusahaan negara tidak bisa dialokasikan secara sembarangan.

     Semuanya harus diputuskan melalui rapat umum pemegang saham, dalam hal ini oleh Kementerian BUMN. Kementerian Energi tak bisa seenaknya menekan PT Pertamina menggelontorkan dana bantuan tersebut. Lagi pula, penggunaan dana CSR perusahaan BUMN sudah diatur dalam Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas.

     Dalam Pasal 74 ayat 1 undang-undang itu disebutkan, perseroan yang bergerak di bidang sumber daya alam Wajib melaksanakan CSR. Jika tidak, mereka akan dijatuhi sanksi. Dana CSR bisa dikeluarkan untuk pembangunan infrastruktur atau sarana pendidikan dan ibadah di tempat perusahaan beroperasi.

    Aturan itu juga dengan jelas mengatur dua golongan penerima dana CSR, yaitu pemangku kepentingan dalam perusahaan-jajaran direksi, manajer, anggota staf, dan administrasi serta pemangku kepentingan di luar perusahaan, yakni konsumen, pemasok, masyarakat sekitar, dan pemerintah daerah.

    Di luar itu tak ada lembaga lain yang boleh menikmati dana CSR. Dana berlimpah yang dikelola BUMN, sekitar Rp 1.400 triliun, sering dijadikan ladang pemerasan untuk kepentingan pribadi ataupun kelompok. BUMN pun seakan menjadi Sapi perah. Di zaman Menteri BUMN Dahlan Iskan, praktek yang sudah menjadi tradisi itu berupaya dikikis.

     Dahlan mengelompokkan mereka yang sering mengintervensi dan memeras BUMN, antara lain orang-orang dekat kekuasaan, kalangan internal Kementerian, BUMN, anggota Dewan Perwakilan Rakyat (DPR), tokoh masyarakat, lembaga swadaya masyarakat (LSM), pemerintah daerah, penegak hukum, oknum media, kroni direksi BUMN dan intervensi luar negeri.

    Niat Kementerian Energi kali ini sama saja dengan kelompok yang disebut Dahlan itu. Mereka bermaksud memanfaatkan dana CSR PT Pertamina untuk kepentingan di luar yang sudah diatur undang-undang. Hal ini menyalahi prosedur. Jika permintaan ini disetujui, hal itu akan menjadi preseden buruk bagi BUMN lain.

    Beruntung, setelah diributkan di media, Kementerian Energi menarik kembali surat permintaan tersebut pada Jumat tanggal 23 Des 2016. Surat yang ditanda tangani Sekretaris Jenderal Kementerian Energi, Teguh Pamudji, itu sempat tidak diketahui Menteri Ignasius Jonan. Agar tak terulang, Menteri Jonan perlu mengambil tindakan berupa teguran keras. Bila perlu, memberikan sanksi kepada mereka yang melakukan praktek kotor ini. Pengawasan internal Kementerian Energi pun perlu dibenahi dan diperketat.

Koran Tempo, Page-11, Tuesday, Dec, 27,2016

Pertamina CSR Case Cover Solicitation of Funds

The Ministry of Energy recall letter without explanation

    Ministry of Energy and Mineral Resources letter requesting funds attract corporate social responsibility or corporate social responsibility (CSR) to PT Pertamina. With recall that, Pertamina immediately halt review of the CSR request. "There is a cancellation letter the Secretary General of the Ministry of Energy, so be it," Pertamina spokesman, Wianda Pusponegoro.

    Tempo received a copy of the letter signed by the Secretary General of the Ministry of Energy Teguh Pamudji on request of the Ministry to Pertamina to provide health insurance fund CSR as a number of experts, employees of the administrator, and high officials of the Ministry. A letter dated December 8, 2016 requesting that the state-owned oil company that provides health insurance for 58 leaders of a major high, 15 experts and 218 officials of the Ministry administrator.

    The reason, hundreds of people were referred to require a guarantee of better health. Wianda explained, after receiving the letter, Pertamina directly examine the request. According to him, only this time Pertamina received requests to meet CSR to officials of the Ministry of Energy in the form of health insurance. Pertamina all depends review decisions and provisions of the company, "he said.

    Wianda said this during Pertamina CSR funds should be given to the beneficiaries directly. Funding of corporate social responsibility was handed over to communities or cooperatives located around the work area Pertamina. For example, people who are in the ring 1, 2, and 3 work areas of Pertamina. If for stakeholders, to be seen again. Wianda asserted, the postal budget for CSR funds should be the immediate impact to the community.

    As for the request of the Ministry, according to him, the review process has been terminated because the demand is already in the recall letter. Spokesman for the Ministry of Energy, Sujatmiko, confirmed that it had canceled CSR demand for health care employees and officials to Pertamina. But he was reluctant to mention the reasons for the cancellation. Already canceled his day Friday, December 23, 2016, he said.

    Earlier, Secretary General of the Ministry of Energy said Teguh testifying to Pertamina CSR funding request is only for 15 experts of the Ministry. They are non-civil servants (PNS) and do not have health insurance at all. Reason for request CSR fund, said Teguh, because the Ministry does not allocate a budget for the health experts. The reason, experts are not joining assist the Minister in the beginning of the year when the budget is prepared.

IN INDONESIAN

Pertamina Tutup Kasus Permintaan Dana CSR

Kementerian Enérgi recall suratnya tanpa penjelasan

    Kementerian Energi dan Sumber Daya Mineral menarik surat permintaan dana tanggung jawab sosial perusahaan atau corporate social responsibility (CSR) kepada PT Pertamina. Dengan recall itu, Pertamina langsung menghentikan review permintaan CSR tersebut. “Ada Surat pembatalan Sekjen Kementerian ESDM, ya sudah,” kata juru bicara Pertamina, Wianda Pusponegoro.

    Tempo mendapat salinan Surat yang diteken Sekretaris Jenderal Kementerian Energi Teguh Pamudji tentang permintaan Kementerian kepada Pertamina untuk memberikan dana CSR sebagai jaminan kesehatan sejumlah tenaga ahli, pegawai administrator, dan pegawai tinggi Kementerian. Surat bertanggal 8 Desember 2016 itu isinya meminta perusahaan minyak milik negara itu menyediakan jaminan kesehatan untuk 58 pimpinan tinggi utama, 15 tenaga ahli, dan 218 pejabat administrator Kementerian.

    Alasannya, ratusan orang itu disebut memerlukan jaminan kesehatan yang lebih baik. Wianda menjelaskan, setelah mendapat surat tersebut, Pertamina langsung mengkaji permintaan itu. Menurut dia, baru kali ini Pertamina mendapat permintaan untuk memenuhi CSR kepada pejabat Kementerian Energi dalam bentuk jaminan kesehatan. Keputusan Pertamina semua tergantung review dan ketentuan perusahaan,” ujar dia.

    Wianda mengatakan selama ini dana CSR Pertamina harus diberikan kepada penerima manfaat langsung. Pemberian dana tanggung jawab sosial perusahaan itu diserahkan kepada masyarakat atau koperasi yang berada di sekitar area kerja Pertamina. Misalnya, masyarakat yang berada di ring 1, 2, dan 3 Wilayah kerja Pertamina. Kalau untuk stakeholder, harus dilihat lagi. Wianda menegaskan, pos anggaran untuk dana CSR mesti yang membawa dampak langsung kepada masyarakat.

    Adapun tentang permintaan Kementerian, menurut dia, proses review sudah dihentikan karena surat permintaan sudah di recall.  Juru bicara Kementerian Energi, Sujatmiko, membenarkan bahwa pihaknya telah membatalkan permintaan CSR untuk jaminan kesehatan pegawai dan pejabat kepada Pertamina. Namun dia enggan menyebut alasan pembatalan itu. Sudah dibatalkan suratnya hari Jumat, 23 Desember 2016, kata dia.

    Sebelumnya, Sekretaris Jenderal Kementerian Energi Teguh Pambudi mengatakan permintaan dana CSR kepada Pertamina hanya untuk 15 tenaga ahli Kementerian. Mereka non-Pegawai Negeri Sipil (PNS) dan belum memiliki jaminan kesehatan sama sekali. Alasan permintaan dana CSR, kata Teguh, karena Kementerian tidak mengalokasikan anggaran untuk kesehatan para tenaga ahli tersebut. Pasalnya, tenaga ahli tersebut tidak bergabung membantu Menteri di awal tahun saat anggaran disusun.

Koran Tempo, Page-5, Monday, Dec, 26,2016

Oil, gas Projects Expedited to Meet Lifting Target

    The oil and ,gas special task force plans to speed up the approval of development projects in the upstream industry and boost investment in a bid to meet the government’s national lifting target. As of November, there were 28 plans of development (POD), plans of further development (POFD) and put-on-production (POP) proposals approved by the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) since the beginning of this year with an estimated total investment value of US$ 2.94 billion.

    Those 28 development projects are expected to increase the country’s oil and gas reserves in the future, with an additional capacity of 142.45 million barrels of oil (MMBO) and 645 billion standard cubic feet (bscf) of gas. Meanwhile, state revenue from the projects is expected to reach $ 6.85 billion. “There are 23 other POD that are still in the pipeline. We expect to approve three out of the 23 next Week [this week] so that 31 approved development projects can be achieved by year-end,” SKK Migas spokesperson Taslim Z. Yunus previously said.

Among the 28 projects, 13 proposals came from the country’s largest oil producer Chevron Pacific Indonesia in a bid to further develop various fields in its Rokan blockin Riau. Meanwhile, 10 proposals came from Pertamina ER an upstream subsidiary of state-owned oil and gas giant Pertamina, to develop various blocks, including the Muara Tanjung Una field in East Kalimantan and Jatibarang field in West Java. The three proposals that are expected to be approved this week come from local firm Bumi Siak Pusako to develop Coastal Plains Pekanbaru block in Siak, Riau. “All of the approved projects this year are expected to be on stream  during the period of 2016 to 2020.

    A POFD tends to be faster because it is already located at a producing field, while the POD will take much longer as it needs to complete the development of production facilities first,” Taslim said. All of the 28 projects so far are estimated to contribute 35.8 percent to the country’s oil and gas reserve replacement ratio (RRR), or the newly discovered receives compared to production. Meanwhile, by taking the other 23 projects in the pipeline into account, the RRR will reach 59.7 percent.

    As of November, Indonesia’s oil and gas lifting figures, or domestic ready-to-sell production, surpassed the original target stated in the revised 2016 state budget, the first time since 2008. At that time, the oil lifting reached 821,800 barrels of oil per day (bopd), slightly higher than this year’s target of 820,000 bopd. Whereas gas lifting reached 6,643 million standard cubic feet of oil per day (mmscfd), surpassing the target of 6,438 mmscfd.

    Such positive results were attributed to the oil lifting from Cepu block in West Java operated by United States oil and gas company ExxonMobil Indonesia. Cepu, which currently produces 185,000 bopd, is the second-largest source of oil in the country, which began operations at the beginning of this year, even though it was initially slated for production in 2008. Moreover, it also aims to increase the investment value in the oil and gas upstream industry to around $ 13 billion in 2017 from this year’s $ 12 billion. Most of the figure will be used for oil and gas production.

    Next yean the government aims to lift 815,000 bopd and 6,439 mmscfd of gas in a bid to collect tax and non-tax revenues from the oil and gas sector of Rp 101.93 trillion ($ 7.5 billion). To meet the target, SKKMigas is putting high hopes on the Sidayu 4V exploration well in the offshore Pangkah block in Gresik, East Java. The recently discovered oil and gas source, operated by Saka Energi Indonesia, is believed to have reserves amounting to a 300 million barrels of oil equivalent (BOE). Several oil and gas fields are expected to be on stream next year, including the Matindok field in Central Sulawesi with a capacity of 800 bopd and 65 mmscfd and the Jangkrik field in East Kalimantan with a capacity of 200 bopd and 450 mmscfd.

Jakarta Post, Page-10, Tuesday, Dec, 27,2016

2017, Pertamina to Be More Aggressive

    PT Pertamina is targeting aggressive growth in 2017 compared to 2016. It is characterized by the projected increase in the growth of net profit in 2017 rise 6% to US $ 3.04 billion compared to 2016 prognosis by USSS 2.88 billion. It is supported by the projected increase in revenue surged 15% to US $ 42.59 billion compared to 2016 prognosis of US $ 37.03 billion.

    Commissioner of Pertamina Mr. Abeng said, in 2016, Pertamina has a nice achievement, but shareholders aspiring to be the company's performance is much better again. This is not easy because it is a challenge for Pertamina, "said Tanri after the General Meeting of Shareholders (AGM) in the Office of the Minister of SOEs Pertamina.

    GMS led by Deputy for Energy, Logistics, Metro and Tourism Ministry of SOEs Edwin Hidayat Abdullah and the entire board of directors and commissioners. Tauri explained in the GMS approved by all the challenging work plan in 2017 so that it can be better than this year.

    From the upstream side, Pertamina should more aggressively seek to add fields to the reserves, both domestically and abroad. If downstream, all lines must continue to improve efficiency. Pertamina AGM also decided net profit before taxes, depreciation and amortization rise 6% to US $ 7.43 billion from the previous USS 6.98 billion. While 8% EBITDA margin fell from 18.9% to 17.4%. As for capital expenditure (capex) fell 6% to US $ 6.67 billion compared to the prognosis of 2016 amounted to US $ 6.90 billion.

    Chairman of Commission VII of the House of Representatives Gus Irawan Pasaribu appreciate Pertamina's performance during 2016 and aggressive growth projections by 2017. The target is considered realistic for financial performance forecast is not too large. Our concern at the Commission VII Pertamina, growth performance was not by increasing prices or tariffs are a burden on society, but is achieved through increased productivity and efficiency on the other side so that the target can be achieved but it does not impose on the community, "he said.

    According to Gus Irawan, the government and Parliament should support the efforts of Pertamina improve performance, including regulation should provide space for Pertamina could act better. I think the government will support it, because the state-owned Pertamina, Pertamina bigger we want, can grow performance and could increase the contribution to building the country, "he said.

    Chairman of the Standing Committee of the Upstream Oil and Gas Chamber of Commerce and Industry (Kadin) Indonesia Firlie H Ganinduto Pertamina aggressive growth rate in 2017 is positive despite global crude oil prices are still low. In the upstream sector, Pertamina must increase production in addition to increasing reserves.

    The increase in reserves is obligatory, especially with many oil and gas fields managed by Pertamina already old. Expansion abroad is the right choice for Pertamina. Until the third quarter of 2016, Pertamina oil and gas production reached 646 thousand barrels of oil equivalent / boepd up 12.3 percent over the same period last year. The production consists of oil 309 thousand barrels of oil per day (bpd), up 12% and the same period last year 277 thousand bpd. While gas production rise 13% to 1,953 million cubic feet per day (MMSCFD) of 1.728 MMCSFD.

IN INDONESIAN

2017, Pertamina Bakal Makin Agresif

    PT Pertamina menargetkan pertumbuhan agresif pada 2017 dibandingkan 2016. Hal ini ditandai dengan proyeksi peningkatan pertumbuhan Iaba bersih 2017 yang naik 6% menjadi US$ 3,04 miliar dibandingkan prognosa 2016 sebesar USSS 2,88 miliar. Hal ini ditopang proyeksi kenaikan pendapatan yang melonjak 15% menjadi USS 42,59 miliar dibandingkan prognosa 2016 sebesar USS 37,03 miliar.

    Komisaris Utama Pertamina Tanri Abeng mengatakan, pada 2016 pencapaian Pertamina sudah bagus, tetapi pemegang saham memberi aspirasi agar kinerja perusahaan jauh lebih bagus lagi. Ini tidak mudah karena itulah tantangan bagi Pertamina,” ujar Tanri usai Rapat Umum Pemegang Saham (RUPS) Pertamina di Kantor Menteri BUMN.

    RUPS dipimpin Deputi Bidang Usaha Energi, Logistik, Kawasan dan Pariwisata Kementerian BUMN Edwin Hidayat Abdullah dan seluruh direksi dan komisaris Pertamina. Tauri menjelaskan, dalam RUPS tersebut disepakati semua rencana kerja yang menantang pada 2017 sehingga bisa lebih baik dari tahun ini.

    Dari sisi hulu, Pertamina harus lebih agresif mencari ladang untuk bisa menambah cadangan, baik di dalam negeri maupun di luar negeri. Kalau di hilir, semua lini harus terus meningkatkan efisiensi. RUPS Pertamina juga memutuskan laba bersih sebelum pajak, depresiasi dan amortisasi naik 6% menjadi USS 7,43 miliar dari sebelumnya USS 6,98 miliar. Sementara EBITDA Margin turun 8% dari 18,9% menjadi 17,4%. Adapun belanja modal (capital expenditure) turun 6% menjadi USS 6,67 miliar dibandingkan prognosa 2016 sebesar US$ 6,90 miliar.

    Ketua Komisi VII Dewan Perwakilan Rakyat Gus Irawan Pasaribu mengapresiasi kinerja Pertamina selama 2016 dan proyeksi pertumbuhan agresif pada 2017. Target tersebut dinilai realistis karena proyeksinya kinerja finansialnya juga tidak terlalu besar. Konsen kami di Komisi VII Pertamina, pertumbuhan kinerja itu jangan dengan cara meningkatkan harga atau tarif yang membebani masyarakat, tapi dicapai melalui peningkatan produktivitas dan efisiensi di sisi lain sehingga target bisa tercapai tapi tidak bebani masyarakat,” katanya.

    Menurut Gus Irawan, pemerintah dan DPR harus mendukung upaya Pertamina meningkatkan kinerja, termasuk regulasi yang harus memberi ruang bagi Pertamina bisa bertindak lebih baik. Saya kira pemerintah akan mendukung, sebab pertamina milik negara, kita ingin Pertamina lebih besar, bisa tumbuh performance dan bisa meningkatkan kontribusi bagi membangun negeri,” katanya.

    Ketua Komite Tetap Hulu Minyak dan Gas Bumi Kamar Dagang dan Industri (Kadin) Indonesia Firlie H Ganinduto menilai pertumbuhan agresif Pertamina pada 2017 lebih positif kendati harga minyak mentah dunia masih rendah. Di sektor hulu, Pertamina memang harus meningkatkan produksi selain menambah cadangan.

    Peningkatan cadangan itu wajib hukumnya, apalagi banyak lapangan migas yang dikelola Pertamina sudah berusia tua. Ekspansi ke luar negeri adalah pilihan yang tepat bagi Pertamina. Hingga kuartal III 2016, produksi migas Pertamina mencapai 646 ribu barel setara minyak/boepd naik 12,3 persen dibanding periode yang sama pada tahun lalu. Produksi tersebut terdiri dari minyak 309 ribu barel per hari minyak (bph), naik 12% dan periode yang sama tahun lalu 277 ribu bph. Sementara produksi gas tercatat naik 13% menjadi 1.953 juta kaki kubik per hari (MMSCFD) dari 1.728 MMCSFD.

Investor Daily, Page-9, Tuesday, Dec, 27,2016

Pertamina Had Appointed to Manage Block Out of Contract

    The role of PT Pertamina as national oil companies (national oil company / NOC) should be expanded to provide an ample opportunity to manage and exploit oil and gas blocks nationwide. Moreover, the new Pertamina contribute 26 percent of the national oil and gas products, much compared to other countries such NOC Petronas, Malaysia has contributed up to 70 percent. The government should place the role and position of Pertamina in accordance with the nature and purpose of its creation by managing oil and gas blocks independently in the homeland, "said Syamsir Abduh, Member of the National Energy Council (DEN).

    According to him, the technical ability Pertamina doubt. In fact, the facts show oil and gas blocks in which the management was taken over by Pertamina, production is much better than the previous operators, such as in the field Ramba. Moreover, the existing regulations, Pertamina was given first rights to manage the block are out of contract. To achieve the vision of independence and national energy security the government should appoint Pertamina in order to manage oil and gas blocks in Indonesia that his contract is up, "said Siregar.

    Komaidi Notonegoro, energy analyst of Reforminer Institute said Pertamina has been shown to be ready. However, due to a matter of business, Pertamina would be more prudent to take over the oil and gas blocks are out of contract. Pertamina should also selectively choose the field that will be taken, should be measured all aspects of readiness, "said Komaidi. After being appointed to manage the Mahakam block start of January 2018 and fully devolved management of the Offshore North West Java (ONWJ), Pertamina expects also be appointed to manage the Sanga-Sanga who is out of contract in August 2018.

    Ministry of Energy and Mineral Resources (ESDM) targets this year has been no decision on the contract Sanga-Sanga. The goal is that no investment certainty for operators in the block which has been operating 50 years. Sanga-Sanga participation rights controlled by BP East Kalimantan, 26.25%, 26.25% Lasmo Sanga Sanga, Virginia Indonesia Co. LLC 7.5%, OPICOIL Houston Inc. by 20%, Universe Gas & Oil Company 4.37%, and Virginia International Co LLC 15.63%. PT VICO Indonesia is the operator of Sanga-Sanga. As of June 30, 2016, SKK Migas recorded Sanga-Sanga has contributed lifting or production is ready to sell as many as 18 thousand barrels of oil per day. While the gas lifting as much as 31 thousand BOEPD.

IN INDONESIAN

Pertamina Harus Ditunjuk untuk Kelola Blok Habis Kontrak
    Peran PT Pertamina sebagai perusahaan minyak nasional (national oil company/NOC) harus diperluas dengan memberi kesempatan yang luas untuk mengelola dan mengusahakan blok-blok migas nasional. Apalagi Pertamina baru berkontribusi 26 persen dari produk migas nasional, jauh dibandingkan dengan NOC negara lain seperti Petronas, Malaysia yang telah berkontribusi hingga 70 persen. Pemerintah harus menempatkan peran dan posisi Pertamina sesuai dengan hakekat dan tujuan pembentukannya dengan mengelola blok migas secara mandiri di tanah air,” ujar Syamsir Abduh, Anggota Dewan Energi Nasional (DEN).

    Menurut dia, kemampuan teknis Pertamina tidak diragukan. Bahkan, fakta menunjukkan blok migas yang pengelolaannya diambil alih oleh Pertamina, produksinya jauh lebih baik dibandingkan operator sebelumnya, seperti di lapangan Ramba. Apalagi dalam regulasi yang ada, Pertamina diberikan hak pertama untuk bisa mengelola blok yang habis masa kontraknya. Untuk mencapai visi kemandirian dan ketahanan energi nasional pemerintah harus menunjuk Pertamina agar bisa mengelola blok migas di Indonesia yang masa kontraknya sudah habis,” tegas Syamsir.

    Komaidi Notonegoro, pengamat energi dari Reforminer Institute mengatakan Pertamina telah terbukti siap. Namun karena menyangkut masalah bisnis, Pertamina tentu akan lebih hati-hati untuk mengambil alih blok migas yang habis kontraknya. Pertamina perlu juga selektif memilih lapangan yang akan diambil, harus diukur semua aspek kesiapannya,” kata Komaidi. Setelah ditunjuk untuk mengelola Blok Mahakam mulai Januari 2018 dan menyerahkan sepenuhnya pengelolaan Blok Offshore North West Java (ONWJ), Pertamina mengharapkan juga bisa ditunjuk untuk mengelola Blok Sanga-Sanga yang akan habis masa kontraknya pada Agustus 2018.

    Kementerian Energi dan Sumber Daya Mineral (ESDM) menargetkan tahun ini sudah ada keputusan tentang kontrak Blok Sanga-Sanga. Tujuannya agar ada kepastian investasi bagi operator di blok yang sudah beroperasi 50 tahun itu. Hak partisipasi Sanga-Sanga dikuasai BP East Kalimantan sebesar 26,25%, Lasmo Sanga Sanga 26,25%, Virginia Indonesia Co LLC 7,5%, OPICOIL Houston Inc sebesar 20%, Universe Gas & Oil Company 4,37%, dan Virginia International Co LLC 15,63%. PT VICO Indonesia tercatat menjadi operator Blok Sanga-Sanga. Per 30 Juni 2016, SKK Migas mencatat Blok Sanga-Sanga telah menyumbang lifting atau produksi siap jual minyak sebanyak 18 ribu barel per hari. Sedangkan lifting gas sebanyak 31 ribu BOEPD.

Investor Daily, Page-9, Tuesday, Dec, 27,2016

Exploitation by Pertamina Needs to be Improved

    In order to achieve the vision of independence and national energy security, the role of PT Pertamina as national oil companies (national oil company / NOC) assessed needs to be expanded. The integrated energy SOEs should be given a greater opportunity in the management and exploitation of oil and gas blocks in the country. Currently, this new Pertamina contribute 26% of the national oil and gas products. Contributions are still far below the NOC far other countries, such as Petronas, Malaysia, which have contributed up to 70%.

    The government should place the role and position of Pertamina in accordance with the nature and purpose of its formation, which manages oil and gas blocks independently in the country, "said a member of the National Energy Council (DEN) Syamsir Abdu. According to him, the technical ability Pertamina no doubt. In fact, the facts show block oil and gas management is taken over by Pertamina, production is much better than the previous operators, such as in the field Ramba.

    In the existing regulations, Pertamina was given the first right to manage the block are out of contract. Therefore, the government should appoint Pertamina in order to manage oil and gas blocks of his contract is up, "said Siregar.

    Observers energy of Reforminer Institute Komaidi Notonegoro assess Pertamina has been shown to be ready. However, as a matter of business, Pertamina need to remain cautious in taking over the oil and gas blocks out of contract. Pertamina needs to be selective in choosing the field to be taken, should be measured all aspects of readiness, "said Komaidi.

    After being appointed to manage the Mahakam block began in January 2018 and fully devolved management of the Offshore North West Java (ONWJ), Pertamina expects also be appointed to manage the Sanga-Sanga who is out of contract in August 2018. The Ministry of Energy and Mineral Resources (ESDM ) targets, this year has been no decision on the contract Sanga- Sanga block.

    As of June 30, 2016 Special Unit of the Upstream Oil and Gas (SKK Migas) recorded Sanga-Sanga has accounted ready to sell oil production (lifting) as much as 18,000 barrels per day. Meanwhile, gas lifting 31,000 BOEPD. Head of Public Relations SKK Migas Taslim Z Yunus said the contract decision Sanga-Sanga in the hands of the Ministry of Energy. However, Pertamina has the right to request and priority field is out of contract having been djatur regulation.

    Head of Communications, Public Information Service and Cooperation of the Ministry of Energy Sujatmiko said the government will provide a great opportunity for Pertamina to manage oil and gas blocks are out of contract. Pertamina as a state representative in the oil and gas sector according to him would have the support of the state to develop the oil and gas sector.

IN INDONESIAN

Pengusahaan oleh Pertamina Perlu Ditingkatkan
    Guna mencapai visi kemandirian dan ketahanan energi nasional, peran PT Pertamina sebagai perusahaan minyak nasional (national oil company /NOC) dinilai perlu diperluas. BUMN energi terintegrasi tersebut harus diberi kesempatan lebih luas dalam pengelolaan dan pengusahaan blok-blok migas didalam negeri. Saat ,ini pertamina baru berkontribusi 26% terhadap produk migas nasional. Kontribusi tersebut masih jauh di bawah jauh NOC negara lain, seperti Petronas, Malaysia, yang telah memberi kontribusi hingga 70%.

    Pemerintah harus menempatkan peran dan posisi Pertamina sesuai dengan hakikat dan tujuan pembentukannya, yakni mengelola blok migas secara mandiri di Tanah Air," ujar anggota Dewan Energi Nasional (DEN) Syamsir Abdu.  Menurut dia, kemampuan teknis Pertamina tidak diragukan. Bahkan, fakta menunjukkan blok migas yang pengelolaannya diambil alih oleh Pertamina, produksinya jauh lebih baik dibandingkan operator sebelumnya, seperti di lapangan Ramba.

    Dalam regulasi yang ada, Pertamina memang diberikan hak pertama untuk bisa mengelola blok yang habis masa kontraknya. Untuk itu, pemerintah harus menunjuk Pertamina agar bisa mengelola blok migas yang masa kontraknya sudah habis," kata Syamsir.

Pengamat energi dari Reforminer Institute Komaidi Notonegoro menilai Pertamina telah terbukti siap. Namun, karena menyangkut masalah bisnis, Pertamina perlu tetap berhati-hati dalam mengambil alih blok migas yang habis kontraknya. Pertamina perlu selektif memilih lapangan yang akan diambil, harus diukur semua aspek kesiapannya," kata Komaidi.

    Setelah ditunjuk untuk mengelola Blok Mahakam mulai Januari 2018 dan menyerahkan sepenuhnya pengelolaan Blok Offshore North West Java (ONWJ), Pertamina mengharapkan juga bisa ditunjuk untuk mengelola Blok Sanga-Sanga yang akan habis masa kontraknya pada Agustus 2018. Kementerian Energi dan Sumber Daya Mineral (ESDM) menargetkan, tahun ini sudah ada keputusan tentang kontrak Blok Sanga- Sanga.

    Per 30 Juni 2016 Satuan Kerja Khusus Pelaksana Kegiatan Hulu Minyak dan Gas Bumi (SKK Migas) mencatat Blok Sanga-Sanga telah menyumbang produksi siap jual minyak (lifting ) sebanyak 18.000 barel per hari. Sedangkan, lifting gas sebanyak 31.000 BOEPD. Kepala Bagian Humas SKK Migas Taslim Z Yunus mengatakan, keputusan kontrak Blok Sanga-Sanga di tangan Kementerian ESDM. Namun, Pertamina memang mempunyai hak dan prioritas untuk meminta lapangan yang habis kontraknya karena telah djatur dalam regulasi.

    Kepala Biro Komunikasi, Layanan Informasi Publik dan Kerja Sama Kementerian ESDM Sujatmiko mengatakan, pemerintah akan memberikan kesempatan besar bagi Pertamina untuk mengelola blok migas yang habis kontraknya. Pertamina sebagai Wakil negara dalam sektor migas menurutnya tentu mendapat dukungan dari negara untuk mengembangkan sektor migas.

Koran Sindo, Page-19, Tuesday, Dec, 27,2016