Jonan Visit the Mahakam Block Jump

Minister of Energy and Mineral Resources Ignatius Jonan reviewing the site "South Processing Unit" one of the Mahakam Block field in Anggana, Kertanegara Kutai Regency, East Kalimantan.

Region of the block, will be visited include South Processing Unit (SPU), Field Bekapai and Gas Terminal Senipah. The Mahakam block is the largest gas producer in Indonesia which is equipped with a terminal Liquefied Natural Gas (LNG), in addition to LNG, and LNG Donggi Senoro. Contributions Mahakam gas block in the total national gas production by about 20 percent, followed by about 17 per cent of the Tangguh project.

Block run by the Contractor of Cooperation Contract (PSC) Total E & P Indonesie and Inpex Corporation will end its contract on December 31, 2017.

Currently the Mahakam block in stages over the management of the existing contractor to the new contractor, namely PT Pertamina Hulu Mahakam. Cooperation Contract (KKS) was signed between the Mahakam block SKK Migas and PT Pertamina Hulu Mahakam dated December 29, 2015 and will be effective on January 1, 2018.

"The transition process from the Mahakam block Total and Inpex to Pertamina is an example of governance over oil and gas blocks which runs quite smoothly. Has been well prepared so that the continuity of operations of oil and gas is maintained at the turn of the operator, "said Ignatius Jonan.

In the transition period over the Mahakam block management, SKK Migas and Pertamina Hulu has signed amendments Mahakam PSC in October 2016. The amendment became the basis for Pertamina to be able to invest early for drilling activities Mahakam block in order to maintain the level of oil and gas production Mahakam block.

In 2017 is planned to be carried out as many as 6 wells drilling by Total E & P Indonesie and 19 wells by PT Pertamina Hulu Mahakam. It is important to ensure the level of oil and gas production Mahakam block. While oil prices are still around 50 dollars a barrel, oil and gas production should be maintained and even improved. 2016 ago, the first time in 10 years, the national oil lifting higher than targeted in the budget Lifting approximately 829 thousand barrels of oil per day (bpd), while the target in the state budget amounted to 820 thousand bpd, said Jonan.

During the visit the Minister also mentioned the importance of efficiency and technology in the management of oil and gas blocks, because the price of oil over an element out of control PSC. The more efficient the operations of oil and gas, then the contribution of all stakeholders will increase. This is a Government priority.

"Moreover Mahakam block is a block that is old, so it takes its production technology in order to stay awake," said Jonan. "The transition process from the Mahakam block Total and Inpex to Pertamina, has been well prepared since 2015. Production should be maintained and the operation must be efficient. For that cost should not rise and production should not be dropped, "added Ignatius Jonan.

IN INDONESIAN

Jonan Tinjau Langsung Blok Mahakam

Menteri Energi dan Sumber Daya Mineral Ignasius Jonan meninjau lokasi “South Processing Unit” salah satu lapangan Blok Mahakam di Anggana, Kabupaten Kutai Kertanegara, Kalimantan Timur.

Wilayah Blok Mahakam yang akan dikunjungi meliputi South Processing Unit (SPU), Lapangan Bekapai dan Terminal Gas Senipah. Blok Mahakam merupakan produsen gas terbesar Indonesia yang dilengkapi dengan terminal Liquified Natural Gas (LNG), selain LNG Tangguh, dan LNG Donggi Senoro. Kontribusi gas Blok Mahakam dalam total produksi gas nasional sekitar 20 persen, disusul Proyek Tangguh sekitar 17 persen.

Blok yang dikelola oleh Kontraktor Kontrak Kerja Sama (KKKS) Total E & P Indonesie dan Inpex Corporation akan berakhir kontraknya pada 31 Desember 2017.

Saat ini blok Mahakam dalam tahap alih kelola dari kontraktor eksisting kepada kontraktor baru yaitu PT Pertamina Hulu Mahakam. Kontrak Kerja Sama (KKS) Blok Mahakam telah ditandatangani antara SKK Migas dengan PT Pertamina Hulu Mahakam tanggal 29 Desember 2015 dan akan berlaku efektif pada tanggal 1 Januari 2018. 

“Proses transisi Blok Mahakam dari Total dan Inpex kepada Pertamina merupakan contoh alih kelola blok migas yang berjalan cukup mulus. Telah dipersiapkan dengan baik sehingga keberlangsungan operasi migas tetap terjaga di saat pergantian operator,” kata Ignasius Jonan.

Dalam masa transisi alih kelola blok Mahakam, SKK Migas dan Pertamina Hulu Mahakam telah menandatangi amendemen KKKS pada bulan Oktober 2016. Amendemen tersebut menjadi dasar bagi Pertamina untuk dapat berinvestasi lebih awal untuk kegiatan pengeboran blok Mahakam dalam rangka menjaga tingkat produksi Migas Blok Mahakam.

Pada tahun 2017 rencananya akan dilakukan pengeboran sebanyak 6 sumur oleh Total E & P Indonesie dan 19 sumur oleh PT Pertamina Hulu Mahakam. Penting untuk memastikan tingkat produksi migas Blok Mahakam. Disaat harga minyak yang masih sekitar 50 dolar AS per barel, produksi migas harus tetap dijaga bahkan ditingkatkan. Tahun 2016 lalu, pertama kalinya dalam 10 tahun terakhir, lifting minyak nasional lebih tinggi dari yang ditargetkan dalam APBN Lifting minyak sekitar 829 ribu barrel per day (bpd), sedangkan target dalam APBN sebesar 820 ribu bpd, kata Jonan.

Dalam kunjungan ini Menteri ESDM juga mengungkapkan pentingnya efisiensi dan teknologi dalam pengelolaan blok migas, karena harga jual migas lebih merupakan unsur di luar kendali KKKS. Semakin efisien kegiatan operasi migas, maka kontribusi bagi seluruh pemangku kepentingan akan meningkat. Hal ini menjadi prioritas Pemerintah.

“Apalagi blok Mahakam ini merupakan blok yang sudah tua, sehingga dibutuhkan teknologi agar produksi nya tetap terjaga,” ujar Jonan. “Proses transisi Blok Mahakam dari Total dan Inpex kepada Pertamina, telah dipersiapkan dengan baik sejak 2015. Produksi harus dipertahankan dan operasi harus efisien. Untuk itu biaya tidak boleh naik dan hasil produksi tidak boleh turun,” tambah Ignasius Jonan.

Investor Daily, Page-9, Saturday, March, 11, 2017

Fuel Price Can Still Be Hold

The government still could not raise fuel prices despite the trend of rising world oil prices. If fuel prices rise, inflation is expected to reach 5 percent this year.

Executive Director of the Institute Komaidi ReforMiner Notonegoro said, although there is a trend in world oil prices rise, the amount is insignificant. Moreover, the rupiah against the US dollar in recent times relatively stable. With these assumptions, the potential rise in the price of fuel oil (BBM) is quite small.

"If it should be increased because oil prices are rising, that increase should be distributed in time or not in the near future," said Komaidi

Referring to the Bloomberg page on Friday afternoon (10/3), the price of Brent crude pegged to 52.32 dollars per barrel and WTI 49.48 dollars per barrel. The price was not much different in the same period last year when the government lowered fuel prices on the first April 2016.

When the premium price dropped from Rp 6,950 to Rp 6,450 per liter and diesel prices down from Rp 5,650 to Rp 5,150 per liter.

Fueling Inflation

Meanwhile, Chief Representative of Bank Indonesia East Java province Difi Ahmad Johansyah said, if the government raised fuel prices in the next 1-2 months time, inflation could rise. Moreover, the increase in the cost of motor vehicle tax and electricity tariff increases became the biggest contributor to inflation in January 2017.

"We recommend that (oil prices) should not be increased because there are two components that rose last month, namely the motor tax and electricity tariffs. Moreover, the price of chili which ranks third contributor to inflation is still high and a burden on society, "said Difi.

Lecturer at the Faculty of Economics and Business, University of Indonesia, Lana Soelistianingsih, say, inflation is projected to rise to 5-per cent if fuel prices increased. In fact, the national inflation rate in February 2017 was recorded at 3.83 percent.

"The assumption is that if the world oil prices touched 60 dollars per barrel, inflation could reach 5.32 percent to 5.53 percent," said Lana.

IN INDONESIAN

Harga Bahan Bakar Minyak Masih Bisa Ditahan

Pemerintah masih bisa tidak menaikkan harga bahan bakar minyak walaupun ada tren kenaikan harga minyak dunia. Jika harga bahan bakar minyak naik, inflasi diperkirakan bisa mencapai 5 persen pada tahun ini.

Direktur Eksekutif ReforMiner Institute Komaidi Notonegoro mengatakan, meskipun ada kecenderungan harga minyak dunia naik, besarannya tidak terlalu signifikan. Apalagi nilai tukar rupiah terhadap dollar AS dalam beberapa waktu terakhir relatif stabil. Dengan asumsi tersebut, potensi kenaikan harga bahan bakar minyak (BBM) cukup kecil.

”Bila memang harus dinaikkan karena harga minyak dunia sedang naik, kenaikan itu sebaiknya bisa di distribusikan waktunya atau tidak dilakukan dalam waktu dekat,” kata Komaidi

Mengacu pada laman Bloomberg pada Jumat sore (10/3), harga minyak jenis Brent dipatok 52,32 dollar AS per barrel dan WTI 49,48 dollar AS per barrel. Harga tersebut tidak jauh berbeda pada periode sama tahun lalu saat pemerintah menurunkan harga BBM pada I April 2016.

    Saat itu harga premium turun dari Rp 6.950 menjadi Rp 6.450 per liter dan harga solar turun dari Rp 5.650 menjadi Rp 5.150 per liter. 

Memicu inflasi

Sementara itu, Kepala Perwakilan Bank Indonesia Provinsi Jawa Timur Difi Ahmad Johansyah mengatakan, apabila pemerintah menaikkan harga BBM dalam Waktu 1-2 bulan ke depan, inflasi bisa naik. Apalagi, kenaikan biaya pajak kendaraan bermotor dan kenaikan tarif listrik menjadi penyumbang inflasi terbesar pada Januari 2017.

”Sebaiknya (harga BBM) jangan dinaikkan karena sudah ada dua komponen yang naik bulan lalu, yakni pajak motor dan tarif listrik. Terlebih lagi harga cabai rawit yang menempati urutan ketiga penyumbang inflasi masih tinggi dan membebani masyarakat,” ujar Difi.

Pengajar pada Fakultas Ekonomi dan Bisnis Universitas Indonesia, Lana Soelistianingsih, mengatakan, inflasi berpotensi naik menjadi 5-persen apabila harga BBM dinaikkan. Padahal, angka inflasi nasional pada Februari 2017 tercatat sebesar 3,83 persen.

”Asumsinya, apabila harga minyak dunia menyentuh 60 dollar AS per barrel, inflasi bisa mencapai 5,32 persen hingga 5,53 persen,” kata Lana.

Kompas, Page-18, Saturday, March, 11, 2017

Deep Sea Gas Project constrained Oil Prices

Development Gendalo-Gehem compiled when the crude oil price of US $ 100 per barrel.

Special Unit of Upstream Oil and Gas (SKK Migas) said that until now Chevron Indonesia Company has not deposited revision project development plans deep-sea gas (Indonesia deepwater development / IDD) phase 2. 

Indonesia deepwater development / IDD

  According to a spokesman SKK Migas, Taslim Z. Yunus, Gendalo and Gehem field development in the Makassar Strait restrained by the price of oil is still low. "Economies are still marginal projects," said Taslim.

Chevron

Chevron has filed a document in the development plan (the plan of development / POD) Gendalo-Gehem the end of 2015. However, SKK Migas return it because it is considered incomplete. 

SKK Migas

    Planning Control Deputy SKK Migas, Sutadiwiria Gunawan, said the revision POD for IDD also contains changes in production schedules or onstream and investment value. Therefore, IDD project documents have been prepared assuming oil prices of US $ 100 per barrel. In fact, the current world oil prices in the Brent market is the only US $ 53.11 per barrel.

As for the trade market West Texas Intermediate crude oil priced at the US $ 50.28 per barrel. "They still use the old benchmark oil price at the US $ 100 per barrel," said Gunawan.

Gunawan said the production schedule Gendalo-Gehem field to postpone to 2023. To improve the economics of the project, Chevron asked for incentives in the form of investment loans above 100 percent. But the government refused. Moreover, the investment value of the project is not expected until IDD US $ 10 billion. 

 Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources, I Gusti Nyoman Wiratmaja, confirmed the existence of the incentive request. Currently, Wiratmaja said, it is still being discussed along with Chevron and SKK Migas. "While intensively discussed."

The Ministry of Energy noted Gendalo and Gehem field production is expected to reach 1.1 billion cubic feet of natural gas and 47 thousand barrels of condensate per day. The IDD project phase I in the Bangka field has been producing since the end of August last year. Wednesday, Chevron meets with Vice President Jusuf Kalla at the Vice Presidential Office, Jakarta. 

   Vice President Public Affairs Chevron Indonesia, Sianipar Yanto, said Chevron will continue to increase the number of production and reduce operating costs. "We want to continue the good cooperation with the government.

IN INDONESIAN

Proyek Gas Laut Dalam Terkendala Harga Minyak

Pengembangan Gendalo-Gehem disusun saat harga minyak mentah US$ 100 per barel.

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menyatakan sampai kini Chevron Indonesia Company belum menyetorkan revisi rencana pengembangan proyek gas laut dalam (Indonesia deepwater development/ IDD) tahap 2. Menurut juru bicara SKK Migas, Taslim Z. Yunus, pengembangan lapangan Gendalo dan Gehem di Selat Makassar tertahan oleh harga minyak yang masih rendah.  “Keekonomian proyek masih marginal,” ujar Taslim.

Chevron telah mengajukan dokumen rencana pengembangan (plan of development/POD) Gendalo-Gehem pada akhir 2015. Namun SKK Migas mengembalikannya karena dinilai kurang lengkap. 

Deputi Pengendalian Perencanaan SKK Migas, Gunawan Sutadiwiria, mengatakan revisi POD untuk IDD juga berisi perubahan jadwal produksi atau onstream dan nilai investasi. Sebab, dokumen proyek IDD disusun dengan asumsi harga minyak US$ 100 per barel. Padahal, saat ini harga minyak dunia di pasar Brent hanya US$ 53,11 per barel.

Adapun dalam perdagangan pasar West Texas Intermediate, minyak mentah dibanderol dengan harga US$ 50,28 per barel. “Mereka masih pakai acuan harga minyak lama, yakni US$ 100 per barel," ujar Gunawan.

Gunawan mengatakan jadwal produksi lapangan Gendalo-Gehem dimundurkan menjadi 2023. Untuk memperbaiki keekonomian proyek, Chevron meminta insentif berupa kredit investasi di atas 100 persen. Namun pemerintah menolak. Apalagi, nilai investasi proyek IDD diperkirakan tidak sampai US$ 10 miliar. 

 Direktur Jenderal Minyak dan Gas Bumi Kementerian Energi dan Sumber Daya Mineral, I Gusti Nyoman Wiratmaja, membenarkan adanya permintaan insentif tersebut. Saat ini, ujar Wiratmaja, hal itu masih dibahas bersama Chevron dan SKK Migas. “Sedang intensif didiskusikan.”

Kementerian Energi mencatat produksi Lapangan Gendalo dan Gehem diperkirakan mencapai 1,1 miliar kaki kubik gas alam dan 47 ribu barel kondensat per hari. Adapun proyek IDD tahap I di lapangan Bangka sudah berproduksi sejak akhir Agustus tahun lalu. Rabu lalu, Chevron menemui Wakil Presiden Jusuf Kalla di kantor Wakil Presiden, Jakarta. 

  Vice President Public Affairs Chevron Indonesia, Yanto Sianipar, mengatakan Chevron terus berusaha meningkatkan angka produksi dan mengurangi biaya operasinya. “Kami ingin meneruskan kerja sama yang baik dengan pemerintah.

Koran Tempo, Page-20, Friday, March 10, 2017

Construction of Tangguh Train III to Start

Tangguh Train III Refinery Project is finally ready to walk. The capacity of liquefied natural gas (LNG) at the refinery to 3.8 million tonnes per year. This means that BP will have three LNG plants with a total capacity of 11.4 million tons per year.

Head of Country BP Indonesia Samsu Darmawan revealed, the Tangguh Train III had the land preparation stage. "The process we've cleared the land, but slowly. Hopefully smoothly," said Darmawan, Tuesday (8/3).

To facilitate land preparation, Darmawan said, BP Indonesia continued to socialize with stakeholders around the Work Area of ​​the Tangguh. BP is targeting, site preparation can be completed by the end of this year. Thus, the construction of Tangguh Train III could begin in the third quarter or fourth quarter of 2017. "Rig of its recently come around October," he said.

BP targets first gas production from the Tangguh Train III can be achieved by the year 2020. Thus the construction of Tangguh Train III takes about two years. "If the first gas in 2020, during that period was the construction project. We expect all of the land is ready for the end of the year, before the end of the year we have started construction," he said.

At the end of 2017, BP Indonesia also targets can start drilling Train III. So that it can meet the gas sales commitments to customers, both domestically and abroad.

"What is clear our commitment to Train III shall be the volume required. There is also a commitment of fertilizers. It is also that we are focused," said Darmawan. That is why, at the end of this year had already started drilling

BP Indonesia must submit commitments gas from Tangguh Train III to the electricity needs of the people of Papua is 20 million cubic feet. If in 2019 in Papua electrical infrastructure has been built, but the Tangguh Train III still can not produce, then BP will meet the gas from Tangguh Tangguh Train Train I and II.

Darmawan said, it did maintenance rotating Tangguh Tangguh Train Train I and II in order to achieve stable production. This year BP will carry out checks and maintenance routines for the Tangguh LNG Train II

IN INDONESIAN

Proyek Train III Tangguh Mulai Berjalan

Proyek Kilang Train III Tangguh akhirnya siap berjalan. Kapasitas liquefied natural gas (LNG) di kilang tersebut mencapai 3,8 juta ton per tahun. Artinya BP akan memiliki tiga kilang LNG dengan kapasitas total 11,4 juta ton per tahun. 

Head of Country BP Indonesia Darmawan Samsu mengungkapkan, saat ini proyek Tangguh Train III sudah tahap persiapan lahan. "Prosesnya, kami sudah membuka lahan, tapi pelan-pelan. Mudah-mudahan lancar,“ kata Dharmawan, Selasa (8/3).

Untuk memperlancar persiapan lahan, Dharmawan bilang, BP Indonesia terus melakukan sosialisasi dengan pemangku kepentingan di sekitar Wilayah Kerja Tangguh. BP menargetkan, persiapan lahan bisa selesai pada akhir tahun ini. Dengan begitu, proses konstruksi proyek Tangguh Train III bisa dimulai pada kuartal III atau kuartal IV 2017. "Rig-nya baru datang sekitar bulan Oktober," ujarnya.

BP menargetkan, produksi gas pertama kali dari Tangguh Train III bisa tercapai pada tahun 2020. Dengan begitu proses konstruksi proyek Tangguh Train III memakan waktu sekitar dua tahun. "Jika first gas tahun 2020, selama periode itu adalah proyek konstruksi. Kami harapkan semua lahan sudah siap akhir tahun, sebelum akhir tahun kami sudah mulai konstruksi," katanya.

Pada akhir tahun 2017, BP Indonesia juga menargetkan sudah bisa memulai kegiatan pengeboran Train III. Sehingga bisa memenuhi komitmen penjualan gas kepada konsumen, baik di dalam negeri maupun luar negeri.

"Yang jelas komitmen kami untuk Train III haruslah volume yang dibutuhkan. Ada juga komitmen pupuk. Itu juga yang kami sedang fokuskan," kata Dharmawan. Itu sebabnya, pada akhir tahun ini sudah mulai melakukan pengeboran

BP Indonesia memang harus menyerahkan komitmen gas dari Tangguh Train III untuk kebutuhan listrik masyarakat Papua sebesar 20 juta kaki kubik. Jika pada tahun 2019 infrastruktur listrik di Papua sudah dibangun, tapi proyek Tangguh Train III masih belum bisa berproduksi, maka BP akan memenuhi gas tersebut dari Tangguh Train I dan Tangguh Train II.

Dharmawan bilang, pihaknya melakukan pemeliharaan bergilir di Tangguh Train I dan Tangguh Train II agar bisa mencapai produksi yang stabil. Tahun ini BP akan melakukan pengecekan dan perawatan rutin untuk Tangguh LNG Train II

Kontan, Page-14, Friday, March, 10, 2017

Tangguh Train-2 stops While

BP Indonesia, operator of liquefied natural gas refinery in Bintuni Bay, West Papua, immediately take care refinery Train-2 April 2017. Head of Country BP Indonesia Dharmawan Samsu said, the current refinery has been operating in accordance with the capacity of 7.6 million tons per year (Mtpa).

The Company will conduct Train-2 treatment plant that does not produce liquefied natural gas / LNG for a while that from the beginning of April until the weekend second in May 2017. The refinery Care Train-1 was conducted in 2016.

Based on data from the work plan and budget (work plan and budget / WP & B), the volume of production ready for sale or lifting the gas from Block Berau, Muturi and Wiriager 1,303 million cubic feet per day (MMSCFD) in 2016

In 2017, gas lifting of the three oil and gas blocks it down to 986 MMSCFD with the maintenance activities of the 155 wells ready to sell gas production decrease was due to the low absorption of the needs of consumers as well as some unplanned shutdowns LNG plant.

"Checks and maintenance routines for LNG Train-2, which will start from the beginning of April until about the second week of May 2017," he said.

Care refinery should be performed every year alternately. Temporary suspension of production activities of the LNG plant, according to him, does not affect the production of, and commitment to the consumer.

Based on data from Special Unit of Upstream Oil and Gas (SKK Migas), the production of LNG in Indonesia this year were 163 278 freight cargo among others came from the Bontang LNG plant and 115 cargoes of LNG Tangguh.

"The process of checking and maintenance is already factored into the production plan Tough 2017 and will not interfere with our commitment to the LNG consumer."

In addition to refinery maintenance activity, the current refinery capacity expansion project goes according to set targets. Before starting the physical construction around the quarter III / 201 7, he said, BP is preparing a location while to disseminate to the surrounding community. With these activities, the project is expected to begin generating the first gas in 2020.

Tangguh LNG Project Train-3 is a phase of development in the form of one additional new LNG process facilities. Through the addition of the LNG processing facilities, there are additional production capacity of 3.8 Mtpa). In total, the refinery capacity to 11.4 Mtpa LNG from Train 1 and Train-2 that has been in operation since 2009. Apart from the addition of one LNG processing facilities, there are an additional 13 new production wells, two offshore platforms and new as LNG loading jetty ,

Darmawan explained, a process that also run concurrently namely drilling activities. Tangguh LNG Project Train-3 which requires an investment of US $ 8 billion, 75% of production of LNG will be sold to PLN.

IN INDONESIAN

Tangguh Train-2 Stop Sementara

BP Indonesia, operator kilang gas alam cair di Teluk Bintuni, Papua Barat, segera melakukan perawatan kilang Train-2 pada April 2017. Head of Country BP Indonesia Dharmawan Samsu mengatakan, saat ini kilang telah beroperasi sesuai dengan kapasitas 7,6 juta ton per tahun (Mtpa).

Perusahaan akan melakukan perawatan kilang Train-2 sehingga tidak menghasilkan gas alam cair/LNG untuk sementara yakni dari awal April hingga pekan kedua Mei 2017. Perawatan kilang Train-1 telah dilakukan pada 2016. 

Berdasarkan data rencana kerja dan anggaran (work plan and budget/WP&B), volume produksi siap jual atau lifting gas yang berasal dari Blok Berau, Muturi, dan Wiriagar 1.303 juta kaki kubik per hari (MMSCFD) pada 2016

Pada 2017, lifting gas dari ketiga blok migas itu turun menjadi 986 MMscfd dengan kegiatan perawatan terhadap 155 sumur Penurunan produksi gas siap jual itu karena rendahnya penyerapan kebutuhan konsumen serta penghentian operasi terencana beberapa kilang LNG.

“Pengecekan dan perawatan rutin untuk LNG Train-2 yang akan dimulai dari awal April hingga sekitar minggu kedua Mei 2017,” ujarnya.

Perawatan kilang sudah lazim dilakukan setiap tahun secara bergantian. Penghentian sementara kegiatan produksi kilang LNG, menurutnya, tidak berpengaruh terhadap produksi serta komitmen terhadap konsumen. 

Berdasarkan data Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas), produksi LNG di Indonesia pada tahun ini 278 kargo yang 163 kargo antara lain berasal dari Kilang LNG Bontang dan 115 kargo dari Kilang LNG Tangguh.

“Proses pengecekan dan perawatan ini sudah diperhitungkan dalam rencana produksi Tangguh tahun 2017 dan tidak akan mengganggu komitmen terhadap konsumen LNG kami.”

    Selain kegiatan perawatan kilang, saat ini proyek penambahan kapasitas kilang berjalan sesuai target yang telah ditetapkan. Sebelum memulai konstruksi fisik di sekitar kuartal III/ 201 7, dia menyebut, BP sedang menyiapkan lokasi sambil melakukan sosialisasi kepada masyarakat sekitar. Dengan kegiatan tersebut, proyek diharapkan mulai menghasilkan gas pertama pada 2020.

Proyek Kilang LNG Tangguh Train-3 merupakan fase pengembangan berupa tambahan satu fasilitas proses LNG baru. Melalui penambahan fasilitas pemroses LNG tersebut, terdapat tambahan kapasitas produksi 3,8 Mtpa). Secara total, kapasitas kilang LNG Tangguh menjadi 11,4 Mtpa dari Train-1 dan Train-2 yang sudah beroperasi sejak 2009. Selain tambahan satu fasilitas pemrosesan LNG, ada tambahan 13 sumur produksi baru, dua anjungan lepas pantai dan dermaga baru sebagai pemuatan LNG.

Dharmawan menjelaskan, proses yang juga berjalan bersamaan yakni kegiatan pengeboran sumur. Proyek Kilang LNG Tangguh Train-3 yang membutuhkan investasi US$8 miliar itu, 75% produksi LNG akan dijual kepada PLN. 

Bisnis Indonesia, Page-30, Friday, March, 10, 2017

End of Year, Construction Tangguh LNG Train-3 Begins

BP Indonesia will start the construction of liquefied natural gas (liquefied natural gas / LNG) Train-3 in Teluk Bintuni, West Papua at the end of this year. Tangguh Train-3 is targeted to begin operation in 2020.

Head of Country BP Indonesia Darmawan Syamsu said it was working on the preparation of the location (site preparation) This 3-Train project. In addition, it also still to disseminate to the surrounding community. According to the plan, construction of the project began in the third or fourth quarter of 2017.

"We expect all parties are ready, so before the end of the year could be construction. So far socialization too smoothly, "he said.

As reported earlier, contractors who worked on this project which is a consortium of PTT Tripatra Engineering. As for drilling scheduled to begin 2018-2019. Work on refineries and drilling will be integrated so that finished at the same time.

     The development of Tangguh project will add one new LNG process facilities (Train 3) and the additional production capacity of 3.8 million tonnes per year (million tonnes per annum / mtpa), which makes a total capacity of LNG Tangguh to 11.4 mtpa.

This project will also add two offshore platforms, 13 new production wells, new LNG loading docks, and other supporting infrastructure. "First gas (first gas production) in 2020. Our commitment, Train-3 should terdeliver (finished)," Darmawan said.

Related to gas supply for electricity in Papua, it remains committed to channeling amounted to 20 million standard cubic feet per day / MMSCFD. BP also remained committed to supplying gas to fertilizer plants to be built in West Papua. Based on the commitment, gas for the fertilizer must flow in 2019.

"We see there is a possibility that sooner completed in 2019, when the infrastructure is ready, we give gas from existing," he said. Currently, Tangguh is operated with a capacity of 7.6 mtpa. According Darmawan, it plans to do routine maintenance (maintenance) on the existing train. Routine maintenance done once every year; "End of March is our preparation (maintenance), how long depends on the level of difficulty," he said.

The investment value of Tangguh LNG Train-3 to reach US $ 8 billion. BP has obtained a loan of US $ 3.7 billion to cover the needs of this investment. The Tangguh project loan facility made through methods Trustee Borrowing Scheme (TBS) with HSBC (New York) as trustee (Trustee) and HSBC (Jakarta) as a bank account in the country. This funding has received approval from the Foreign Commercial Loan team (PKLN) The Government of Indonesia.

As many as 75% of the production of LNG from Tangguh Train-3 sold to PT PLN. PLN will receive 688 cargoes of LNG Tangguh refinery during 2016-2033, ie as many as 12 cargoes in 2016, 20 cargoes per year during 2017-2019, and 44 cargo in the period 2020-2033. Other LNG buyers the Kansai Electric Power Company of 1 million tonnes per year.

IN INDONESIAN

Akhir Tahun, Konstruksi Kilang LNG Tangguh Train-3 Dimulai

BP Indonesia akan memulai konstruksi kilang gas alam cair (liquefied natural gas/ LNG) Tangguh Train-3 di Teluk Bintuni, Papua Barat pada akhir tahun ini. Kilang LNG Tangguh Train-3 ini ditargetkan mulai operasi pada 2020.

Head of Country BP Indonesia Darmawan Syamsu mengatakan, pihaknya sedang mengerjakan persiapan lokasi (site preparation) proyek Train-3 ini. Selain itu, pihaknya juga masih melakukan sosialisasi ke masyarakat sekitar. Rencananya, konstruksi proyek dimulai pada kuartal ketiga atau keempat 2017.

“Kami harapkan semua pihak siap, jadi sebelum akhir tahun sudah bisa konstruksi. Sejauh ini sosialisasi juga lancar,” kata dia.

Seperti diberitakan sebelumnya, kontraktor yang menggarap proyek ini yakni konsorsium PTT Tripatra Engineering. Sementara untuk pengeboran sumur dijadwalkan dimulai 2018-2019. Pengerjaan kilang dan pengeboran  ini akan diintegrasikan sehingga selesai pada saat bersamaan.

Proyek Pengembangan Kilang Tangguh akan menambahkan satu fasilitas proses LNG baru (Train 3) dan tambahan kapasitas produksi sebesar 3,8 juta ton per tahun (million ton per annum/ mtpa) yang menjadikan kapasitas total kilang LNG Tangguh menjadi 11,4 mtpa. 

Proyek ini juga akan menambahkan dua anjungan lepas pantai, 13 sumur produksi baru, dermaga pemuatan LNG baru, dan infrastruktur pendukung lainnya. “First gas (produksi gas pertama) pada 2020. Komitmen kami, Train-3 ini harus terdeliver (selesai) ,” kata Darmawan.

Terkait pasokan gas untuk kelistrikan di Papua, pihaknya tetap berkomitmen menyalurkan sebesar 20 million standard cubic feet per day/ mmscfd. BP juga tetap berkomitmen akan memasok gas untuk pabrik pupuk yang akan dibangun di Papua Barat. Berdasarkan komitmen, gas untuk pupuk ini harus mengalir pada 2019. 

“Kami melihatnya ada kemungkinan kalau lebih cepat selesai pada 2019, kalau infrastruktur sudah siap, kami beri gas dari eksisting,” katanya. Saat ini, Kilang Tangguh beroperasi dengan kapasitas sebesar 7,6 mtpa. Menurut Darmawan, pihaknya berencana melakukan perawatan rutin (maintenance) pada train eksisting. Perawatan rutin dilakukan satu kali setiap tahunnya; “Akhir Maret ini kami persiapan (maintenance), berapa lamanya tergantung tingkat kesulitan,” ujarnya.

Nilai investasi Kilang LNG Tangguh Train-3 mencapai USS 8 miliar. BP telah memperoleh pinjaman sebesar US$ 3,7 miliar untuk menutup kebutuhan investasi ini. Fasilitas pinjaman Proyek Tangguh dilakukan melalui metode Trustee Borrowing Scheme (TBS) dengan HSBC (New York) sebagai wali amanat (trustee) dan HSBC (Jakarta) sebagai akun bank dalam negeri. Pendanaan ini telah mendapatkan persetujuan dari Tim Pinjaman Komersial Luar Negeri (PKLN) Pemerintah Indonesia.

Sebanyak 75% produksi LNG dari Kilang Tangguh Train-3 dijual ke PT PLN. PLN nantinya akan menerima 688 kargo dari Kilang LNG Tangguh selama 2016-2033, yakni sebanyak 12 kargo pada 2016, 20 kargo per tahun selama 2017-2019, dan 44 kargo pada periode 2020-2033. Pembeli LNG lainnya yakni Kansai Electric Power Company sebesar 1 juta ton per tahun.

Investor Daily, Page-9, Thursday, March, 9, 2017

Oil, chemical industry integration needed

Business players are calling for the integration of existing and future oil refineries with the petrochemical industry to meet rising domestic demand for raw materials from plastics and textile industries.

Deputy chairman of the Indonesian Olefin, Aromatics and Plastics lndustry Association (INAPlas), Suhat Miyarso, said Indonesia currently imported half of all its ethylene demand, which currently averages around 1.6 million tons each year. At present, local production annually stands around 800,000 tons.

“Chandra Asri Petrochemical currently produces around 860,000 tons, which is around 50 percent of our needs. The rest is imported from Korea, Japan, Singapore and Malaysia,” Suhat said Tuesday, referring to the publicly listed petrochemical giant. 

lNAPlas estimates that petrochemical demand Will rise to more than 2 million tons per year in 2021. The surging demand will be driven primarily by industrial sectors such as plastics and textiles, Suhat said.

National demand for plastics products now reaches 5.2 million tons each year, While annual domestic output currently settles at around 2.4 million tons. Apart from fulfilling the country’s demand, business players believe integrating oil refineries with the petrochemical industry can create added value to derivative materials.

Under current crude oil prices, Suhat estimates that refined fuels made from‘~'crud‘e~‘ oil arelat' present Worth only around US$480 per ton. 

“For example, if crude oil is currently around $500 [per ton], the ethylene produced from it can average $900 to $1,100. When it is further processed to polypropylene, it can be sold at $1,400,” he said.

“Compared to refined fuels, the crude oil can increase its original value threefold if it is turned into polypropylene.”

Meanwhile, state-owned oil and gas giant Pertamina is considering expanding petrochemical facilities at its existing and future refineries. Pertarnina senior Vice president for petrochemical projects Dhani Prasetyawan said the firm would focus on the production of polypropylene and polyethylene in the petrochemical sector as the two products seemed to be the most promising.

Polypropylene is widely used in packaging for consumer products and plastic ‘parts for numerousindustries like automotives and textiles. Meanwhile, polyethylene is primarily deployed to make plastic bags, containers and bottles.

“Now Pertamina only has a small number of petrochemical products because We previously designed them as by-products only. For instance, We only produce around 45,000 tons of poly-propylene at the Plaju refinery every year,” he said. “Based on petrochemical supply and demand, Pertamina is now considering developing the business and building olefine crackers to produce polyethylene and polypropylene.” 

Dhani further added that Pertamina planned to design and produce petrochemical products at its future Tuban refinery in East Java. Separately, the government is discussing a plan to distribute piped gas from the upcoming Masela block in the Arafura Sea in Maluku to nearby petrochemical and fertilizer firms.

Industry Ministry’s upstream chemical industry director Muhammad Khayam said the government was reconsidering the piped gas capacity of 474 million standard cubic feet per day (mmscfd) as Pertamina had shown an interest in obtaining around 200 mmscfd.

Jakarta Post, Page-13, Thursday, March, 9, 2017

Pertamina president in Table President

Race for President Director of Pertamina getting hot. BOC Pertamina already provides three recommendations of the best names of the five internal Pertamina.

Of the three candidates that will have one as the number one Pertamina. '' The names have been submitted and there on the desk of President Joko Widodo, "said Mr. Abeng, Commissioner of Pertamina

Deputy Energy, Logistics, and Tourism Region ministerial SOE also Pertamina Commissioner Edwin Hidayat Abdullah said, actually there are five internal candidates proposed BOC Pertamina Pertamina. Three of them are Rachmad Hardadi, Director of Mega Project Processing and Petrochemicals, Syamsu Alam, Pertamina Upstream Director and Acting (Pit) Director of Pertamina Yenni Andayani. Related to the two candidates again, Edwin reluctant openly.

"The board asked for a five-fifths in the assessment, but there are three best," said Edwin, Wednesday (8/3). He explained that a number of criteria skipper of Pertamina. Among these are the ability to lead and control the business. Pertamina president also able to synergize this state. Edwin also hope, president director of Pertamina has integrity and experience. But he stressed that the main criterion is Zeaidership.

"We're not likely to find that understands all the technical, essential leadership, have a vision, have a good strategy to bring Pertamina up to the vision set forth as a world class energy company," he added.

In addition to the three internal candidates for Pertamina, Edwin also revealed that there will be candidates from the external. But he said he did not know the number of candidates Pertamina chief come from external sources, as well as the names of the candidates.

Outstanding is the name Arcandra Tahar, Elia Massa Manik, PTPN Holding CEO and President Director Sofyan Basir PT Perusahaan Listrik Negara (PLN). Usually candidates SOE president presented to the president consisting of three to five people. The process of appointing the number one Pertamina done tiered.

Minister of SOEs submit names of candidates to the President. The target, in March 2017, the President has chosen the new Pertamina chief.

IN INDONESIAN

Dirut Pertamina di Meja Presiden

Perebutan kursi Direktur Utama Pertamina semakin panas. Dewan Komisaris Pertamina sudah memberikan rekomendasi tiga nama terbaik dari lima orang internal Pertamina.

Dari tiga nama kandidat itulah akan dipilih satu sebagai orang nomor satu Pertamina. "‘Nama-namanya sudah diserahkan dan ada di meja Presiden Joko Widodo," kata Tanri Abeng, Komisaris Utama Pertamina

Deputi Bidang Energi, Logistik, Kawasan dan Pariwisata Menetri BUMN yang juga Komisaris Pertamina Edwin Hidayat Abdullah menyebutkan, sejatinya ada lima kandidat internal Pertamina yang diusulkan Dewan Komisaris Pertamina. Tiga di antaranya adalah Rachmad Hardadi, Direktur Mega Proyek Pengolahan dan Petrokimia, Syamsu Alam, Direktur Hulu Pertamina dan Pelaksana Tugas (Pit) Direktur Utama Pertamina Yenni Andayani. Terkait dua calon lagi, Edwin enggan buka-bukaan.

"Dewan komisaris meminta lima-limanya di assessment, tapi ada tiga terbaik," jelas Edwin, Rabu (8/3). Ia menjelaskan sejumlah kriteria nakhoda Pertamina. Di antaranya adalah kemampuan memimpin dan menguasai bisnis. Dirut Pertamina juga mampu mensinergikan BUMN ini. Edwin juga berharap, Dirut Pertamina memiliki integritas dan pengalaman. Tapi ia menegaskan, kriteria paling utama itu adalah Zeaidership.

"Kami tidak mungkin mencari yang mengerti semua teknikal, yang penting leadership, punya visi, mempunyai strategi yang jitu membawa Pertamina sampai ke visi yang ditetapkan sebagai world cLass energy company," imbuhnya.

Selain tiga calon internal Pertamina, Edwin juga mengungkapkan, akan ada calon dari eksternal. Namun dia mengaku tidak mengetahui jumlah calon Dirut Pertamina yang berasal dari eksternal, begitu juga dengan nama calon-calon tersebut.

Yang beredar adalah nama Arcandra Tahar, Elia Massa Manik, CEO PTPN Holding, dan Sofyan Basir Dirut PT Perusahaan Listrik Negara (PLN). Biasanya nama calon dirut BUMN yang disodorkan kepada presiden berjumlah tiga hingga lima orang. Proses penunjukan orang nomor satu Pertamina dilakukan berjenjang. 

Menteri BUMN menyerahkan nama calon-calon ke Presiden. Targetnya, pada Maret 2017 ini, Presiden sudah memilih Dirut Pertamina yang baru.

Kontan, Page-14, Thursday, March, 9, 2017

Trends in Oil Price Rises

Potential increase in fuel prices should be anticipated

Trends in Indonesia increased petroleum prices since the announcement of OPEC member oil production cuts late last year. The government needs to anticipate the impact of the oil price increase on the price of fuel oil in the country.

In the announcement of Indonesian Oil Price Team at the Ministry of Energy and Mineral Resources (ESDM), the Indonesian Crude Price (ICP) in February 2017 rose 0.62 US dollars per barrel compared to January 2017. Thus, compared with the fourth quarter of 2016, the trend of increased ICP, especially if it is associated with the policy of the Organization of Petroleum Exporting countries, or OPEC cut oil production members.

The increase in ICP is in line with the increase in oil prices is also used as a benchmark, namely Brent rose from 55.45 dollars per barrel to 56 dollars per barrel and WTI rose from 52.61 dollars per barrel to 53.46 dollars per barrel , OPEC reference price also rose from 52.4 dollars per barrel to 53.37 dollars per barrel.

Lecturer Trisakti University, Jakarta, Pri Agung Rakhmanto, argues, increases in ICP and other highly influenced benchmark measures the countries that are members of OPEC. If the production reduction policy is not actually applied and an oversupply of production of oil shale (shale oil) from the United States, oil prices could potentially weaken.

"ICP upward trend will not necessarily continue in three months or six months. More likely is the fluctuation of oil prices in the range of 50 dollars to 55 dollars per barrel, "said Pri Agung, Wednesday (8/3), in Jakarta.

Special Unit of Upstream Oil and Gas (SKK Migas) noted, the average ICP in 2016 by 39; 15 dollars per barrel. This figure is lower than the 2016 state budget benchmark of 40 dollars per barrel. This year, ICP pegged to 45 dollars per barrel, while oil production targets ready for sale or lifting amounted to 815 000 barrels per day. The government is optimistic that the realization of the lifting in 2017 reached 825,000 barrels per day.

Production Dropped

In the explanation of Oil Price Team Indonesia Ministry of Energy, global oil production period January 2017 fell 1.29 million barrels per day to 95.82 million barrels per day. Contributions decreased production of OPEC members reached 890,000 barrels per day.

Policy of cuts in production came from oil prices plunged below 30 dollars per barrel at the beginning of 2016. For the Asia Pacific region, rising oil prices influenced by demand from India rose 197,000 barrels per day to 4.7 million barrels per day in December 2016. in addition, stocks in China was reduced 400,000 barrels to 362.8 million barrels in December 2016.

"Fundamentally, policy member OPEC production cuts have not been able to prevent oversupply in the market. However, psychologically, the policy impacts to the market, "he said.

Pri Agung added, it should be anticipated by the government with regard to the rising trend in global oil prices is the potential increase in the price of fuel oil (BBM) in the country. If you have to raise fuel prices in line with rising oil prices, the government must balance the state budget and taking into account the accuracy preparing financial impact on PT Pertamina as suppliers and sellers of fuel in Indonesia. "Raising the price of fuel is one option that should be calculated following all the risks," said Pri Agung

On many occasions, Minister Ignatius Jonan ensure, fuel price of subsidized premium and diesel fuel will not go up until the end of March. Currently the premium price of Rp 6,450 per liter and the price of subsidized diesel to Rp 5,150 per liter. The Government will review the price of subsidized gasoline and diesel fuel in March 2017 to determine the price as of 1 April. Government evaluate fuel prices every three months.

Meanwhile, Pertamina raised the price of fuel types pertamax, pertalite, and dexlite as the impact of rising world oil prices. Since the beginning of January 2012 the three types of fuel prices rose Rp 300 per liter. The price increase applies in all regions in Indonesia.

"We abide by the price set by the government for the fuel type of assignment (premium) and subsidized fuel (diesel). However, the movement of world oil prices will continue to be monitored, "said Vice President Corporate Communications Pertamina Wianda Pusponegoro.

IN INDONESIAN

Tren Harga Minyak Meningkat

Vice President Corporate Communication 

Pertamina Wianda Pusponegoro

Tren harga minyak bumi Indonesia meningkat sejak pengumuman pemangkasan produksi minyak anggota OPEC akhir tahun lalu. Pemerintah perlu mengantisipasi dampak kenaikan harga minyak itu terhadap harga jual bahan bakar minyak dalam negeri.

Dalam pengumuman Tim Harga Minyak Indonesia pada Kementerian Energi dan Sumber Daya Mineral (ESDM), harga minyak Indonesia (ICP) Februari 2017 naik 0,62 dollar AS per barrel dibandingkan Januari 2017. Maka, dibandingkan dengan triwulan IV-2016, tren ICP meningkat, terutama jika dikaitkan dengan kebijakan Organisasi Negara-negara Pengekspor Minyak atau OPEC memangkas produksi minyak anggotanya.

Kenaikan ICP tersebut seiring dengan kenaikan harga minyak dunia yang juga dijadikan patokan, yakni Brent naik dari 55,45 dollar AS per barrel menjadi 56 dollar AS per barrel dan WTI naik dari 52,61 dollar AS per barrel menjadi 53,46 dollar AS per barrel. Harga patokan OPEC juga naik dari 52,4 dollar AS per barrel menjadi 53,37 dollar AS per barrel.

Pengajar Universitas Trisakti, Jakarta, Pri Agung Rakhmanto, berpendapat, kenaikan ICP dan patokan lain sangat dipengaruhi langkah negara-negara yang tergabung dalam OPEC. Jika kebijakan pengurangan produksi tidak benar-benar diterapkan dan terjadi kelebihan pasokan dari produksi minyak serpih (shale oil) dari Amerika Serikat, harga minyak berpotensi kembali melemah.

”Tren kenaikan ICP ini belum tentu berlanjut dalam tiga bulan atau enam bulan ke depan. Yang lebih memungkinkan adalah terjadi fluktuasi harga minyak di kisaran 50 dollar AS sampai 55 dollar AS per barrel,” ujar Pri  Agung, Rabu (8/3), di Jakarta.

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) mencatat, rata-rata ICP tahun 2016 sebesar 39;15 dollar AS per barrel. Angka ini lebih rendah dari patokan APBN 2016 yang sebesar 40 dollar AS per barrel. Tahun ini, ICP dipatok 45 dollar AS per barrel, sementara target produksi minyak siap jual atau lifting sebesar 815.000 barrel per hari. Pemerintah optimistis realisasi lifting 2017 mencapai 825.000 barrel per hari. 

Produksi turun

Dalam penjelasan Tim Harga Minyak Indonesia Kementerian ESDM, produksi minyak dunia periode Januari 2017 turun 1,29 juta barrel per hari menjadi 95,82 juta barrel per hari. Kontribusi penurunan produksi anggota OPEC mencapai 890.000 barrel per hari.

Kebijakan pemangkasan produksi berawal dari harga minyak yang anjlok hingga berada di bawah 30 dollar AS per barrel pada awal 2016. Untuk kawasan Asia Pasifik, kenaikan harga minyak dipengaruhi permintaan dari India yang naik 197.000 barrel per hari menjadi 4,7 juta barrel per hari pada Desember 2016. Selain itu, stok di China berkurang 400.000 barrel menjadi 362,8 juta barrel pada Desember 2016.

”Secara fundamental, kebijakan pemangkasan produksi anggota OPEC belum mampu mencegah kelebihan pasokan di pasar. Namun, secara psikologis, kebijakan tersebut berdampak ke pasar,” katanya.

Pri Agung menambahkan, hal yang harus diantisipasi pemerintah berkaitan dengan tren kenaikan harga minyak dunia adalah potensi kenaikan harga bahan bakar minyak (BBM) di dalam negeri. Jika harus menaikkan harga BBM seiring kenaikan harga minyak, pemerintah harus mengimbangi dengan ketelitian menyusun APBN dan memperhitungkan dampaknya terhadap keuangan PT Pertamina selaku pemasok dan penjual BBM di Indonesia. ”Menaikkan harga BBM termasuk salah satu opsi yang patut dihitung berikut segala resikonya,” ujar Pri Agung

Dalam berbagai kesempatan, Menteri ESDM Ignasius Jonan memastikan, harga BBM jenis premium dan solar bersubsidi tidak akan naik hingga akhir Maret. Saat ini harga premium Rp 6.450 per liter dan harga solar bersubsidi Rp 5.150 per liter. Pemerintah akan mengkaji ulang harga premium dan solar bersubsidi pada Maret 2017 untuk menentukan harga per 1 April. Pemerintah mengevaluasi harga BBM setiap tiga bulan.

Sementara itu, Pertamina menaikkan harga BBM jenis pertamax, pertalite, dan dexlite sebagai dampak kenaikan harga minyak dunia. Sejak awal Januari 2012 harga BBM ketiga jenis tersebut naik Rp 300 per liter. Kenaikan harga itu berlaku di seluruh daerah di Indonesia.

”Kami patuh pada harga yang ditentukan pemerintah untuk BBM jenis penugasan (premium) maupun BBM bersubsidi (solar). Namun, pergerakan harga minyak dunia akan terus dipantau,” ujar Vice President Corporate Communication Pertamina Wianda Pusponegoro. 

Kompas, Page-18, Thursday, March, 9, 2017