Pertamina pushes for more efficiency

State-owned energy giant Pertamina aims to save up to US$100 million through the introduction of efficiency measures in the company’s integrated supply chain (ISC) activities.

Pertamina ISC senior vice president Daniel Purba said the company expected to reach the target by for example, finding cheaper suppliers and optimizing the newly upgraded facilities in Tanjung Uban and the Sambu islands, both in Riau Islands, to manage its own fuel blending process in an attempt to reduce imports of finished fuel products.

“We will also import more crude oil from Asia, because we can obtain better margins there,”

Daniel said recently Pertamina’s ISC activities covers the trading, procurement and distribution of crude oil, gas and fuel. Last month, Finance Minister Sri Mulyani Indrawati issued a ministerial regulation revoking the imposition of income tax for oil obtained from Indonesian Fields but sold by a contractors trading arm overseas. 

Previously the government charged 3 percent of income tax for oil transactions using such a scheme. However, it is common for foreign contractors to sell their oil through trading arm subsidiaries located abroad. Pertamina sees the change in regulations as an opportunity to boost domestic crude oil supply.

Daniel said the company, for this year, was planning to secure 181.3 million barrels of oil from domestic procurement, a slight increase from the 176.6 million barrels secured in 2016.

“With the revocation of the income tax rule, we expect there to be more contractors that are willing to sell their oil to us,” he said. Pertamina’s ISC unit was established in 2015 after the dissolution of its Singapore-based subsidiary Petral, the operation of which was cancelled as a result of allegations of corruption and illicit practices in procurement. 

Daniel previously served as Petral’s vice president. According to Pertamina, the unit has earned $523 million in efficiency from the introduction of streamlined fuel procurement. The full liquidation of Petral, meanwhile, is still pending the debt clearance of its two subsidiaries, namely Zambesi Investment Ltd., established in 1979 and based in Hong Kong, and Pertamina Energy Services Pte. Ltd., which was created in 1992 and incorporated in Singapore.

Jakarta Post, Page-15, Wednesday, April, 12, 2017

As of March, Pertamina Oil Production Reaches 95% of target

PT Pertamina EP posted a subsidiary of PT Pertamina oil production of 80 727 barrels per day (bpd) by March, or just 95% of this year's target of 85 thousand bpd. Realization of gas production is still below the target, which is 961.6 million standard cubic feet per day / MMSCFD or 93% of the target of 1,041 MMSCFD.

Pertamina EP is optimistic to achieve the target of oil and gas production this year. Daily Acting President Director of Pertamina EP Nanang Abdul Manaf said it has made various efforts to optimize to achieve production targets this year. Thus, some of the field oil and gas production rose significantly.

Until the first quarter, Pertamina EP can withstand the natural production decline rate of 20% per year and maintain production levels the range of 80 thousand bpd. "We are optimistic to meet the target in 2017 amounted to 85 thousand bpd," he said

Fields with this positive performance which Jatibarang Field. Increased production is obtained from wells or repair results Working Repeat Move Layer (KUPL) XA 09 wells offshore platform in the field of initial production rate XRAY in the range of 87 bpd to 2,781 bpd.

In addition, the performance of Rantau Field also showed a positive trend, Field Overseas production increased from 2,100 bpd at the beginning of the year to 2,831 bpd in early April 2017 with the achievement of 127% against a target. The increase in production obtained from five wells repair work and one well drilling.

3 Assets Pertamina EP includes Jatibarang Field, will be the backbone of Pertamina EP to achieve the internal target of 100 thousand barrels per day, along with the General Manager of Asset Asset 5. 3 Vishnu Hindadari said Jatibarang Field is targeted to produce oil by 10 551 bpd this year.

As of April, the realization of production has reached 7318 barrels of oil and 50.43 MMSCFD of gas. As for the structure of the backbone of production in Jatibarang Field is X-Ray Structure which is the offshore field and Jatibarang structure, as well as the Coral Complex and Pine for onshore field.

Jatibarang Field Manager Herman Rachmadi explained, the production target this year is mainly focused on the structure Jatibarang and structure of X-Ray "On the Structure Jatibarang will do drilling, fracturing and well intervention in volcanic layer while in Structure X-Ray focused on the repair and production optimization in layer X ~ 26 X-25, X-34 and X-35 ", he said.

Exploration commitment

Nana added, in addition to the production performance, seismic performance also showed a positive trend. Until the end of March 2017, the realization of 2D Seismic reached 426 kilometers, or 48% of the target along 833 kilometers. While 3D seismic has been realized 171 square kilometers or 26% of the target of 669 square kilometers.

Pertamina EP is committed to add reserves to ensure increased oil and gas production. For drilling, exploration, the company has completed the drilling of three wells and is currently working on six other wells that have started in the first quarter. "So the target of exploration wells by 12 wells can we accomplish by the end of 2017", he said.

According to Nana, discover trends in the future lies in Eastern Indonesia. It had entered the region, namely by conducting seismic Klamasosa, along 500 kilometers of West Papua. This year, seismic will be added along the 200 kilometers and 300 kilometers in 2018 continued.

Furthermore, Nana added that Pertamina EP also obtain exploration wells findings Piraiba in Tanjung South Kalimantan in 2014 ago. "Seeing the potential of the Piraiba well, this year we entered the seismic activity in Tanjung South Kalimantan with a total target of 350 kilometers. Then we will add 2D seismic data in the area of ​​the Cape Areas of the West, "he said.

Related Seismic Area Kupalanda Bintuni, West Papua that has been started since 2016, it targets should derive a significant amount of reserves. Because, if the findings of a small reserve, it will not be economical, given the enormous efforts made because the area is a majority of the swamp.

IN INDONESIAN

Per Maret, Produksi Minyak Pertamina Capai 95% dari Target

PT Pertamina EP anak usaha PT Pertamina membukukan produksi minyak sebesar 80.727 barel per hari (bph) per Maret lalu, atau baru 95% dari target tahun ini 85 ribu bph. Realisasi produksi gas juga masih di bawah target, yaitu 961,6 million standard cubic feet per day/mmscfd atau sebesar 93 % dari target 1.041 mmscfd.

Pertamina EP optimistis dapat mencapai target produksi migas tahun ini. Pelaksana Tugas Harian Presiden Direktur Pertamina EP Nanang Abdul Manaf mengatakan, pihaknya telah melakukan berbagai upaya optimalisasi untuk mencapai target produksi tahun ini. Sehingga, produksi migas beberapa lapangan naik cukup signifikan.

Sampai Triwulan 1 ini, Pertamina EP dapat menahan laju penurunan produksi alamiah sebesar 20% per tahun dan menjaga tingkat produksi dikisaran 80 ribu bph. “Kami optimis untuk memenuhi target 2017 sebesar 85 ribu bph,” kata dia 

Lapangan dengan kinerja positif ini yakni Jatibarang Field. Peningkatan produksi didapatkan dari hasil reparasi sumur atau Kerja Ulang Pindah Lapisan (KUPL) Sumur XA 09 di lapangan lepas pantai Platform XRay dari awalnya tingkat produksi di kisaran 87 bph menjadi 2.781 bph.

Selain itu, kinerja Rantau Field juga menunjukkan tren positif, produksi Rantau Field mengalami kenaikan dari 2.100 bph pada awal tahun menjadi 2.831 bph pada awal April 2017 dengan pencapaian 127% terhadap target. Peningkatan produksi didapatkan dari pekerjaan lima sumur reparasi dan satu sumur pengeboran.

Aset 3 Pertamina EP termasuk di dalamnya Lapangan Jatibarang, akan menjadi tulang punggung Pertamina EP untuk mencapai target internal 100 ribu bph, bersama Aset 5. General Manager Asset 3 Wisnu Hindadari menuturkan, Lapangan Jatibarang ditargetkan bisa memproduksi minyak sebesar 10.551 bph pada tahun ini. 

Per April ini, realisasi produksinya telah mencapai 7.318 bph untuk minyak dan 50,43 mmscfd untuk gas. Adapun struktur yang menjadi backbone produksi di Jatibarang Field adalah Struktur X-Ray yang merupakan lapangan offshore dan Struktur Jatibarang, serta Karang Komplek dan Cemara untuk lapangan onshore.

Jatibarang Field Manager Herman Rachmadi menjelaskan, pencapaian target produksi tahun ini terutama difokuskan pada Struktur Jatibarang dan Struktur X-Ray “Di Struktur Jatibarang akan dilakukan pemboran, fracturing dan well intervention di lapisan vulkanik sedangkan di Struktur X-Ray difokuskan pada reparasi dan optimasi produksi di lapisan X~26, X-25, X-34 dan X-35”, ujarnya.

Komitmen Eksplorasi

Nanang menambahkan, selain capaian produksi tersebut, kinerja Seismik juga menunjukkan tren yang positif. Hingga akhir Maret 2017, realisasi Seismik 2D tercatat mencapai 426 kilometer, atau 48% dari target sepanjang 833 kilometer. Sementara seismik 3D sudah terealisasi 171 kilometer persegi atau 26% dari target sebesar 669 kilometer persegi. 

Pertamina EP berkomitmen menambah cadangan untuk memastikan peningkatan produksi migas. Untuk kegiatan pemboran eksplorasi, pihaknya sudah menyelesaikan pengeboran tiga sumur dan sedang mengerjakan 6 sumur lainnya yang telah dimulai pada kuartal pertama lalu. “Jadi target sumur eksplorasi sebanyak 12 sumur dapat kami selesaikan hingga akhir tahun 2017", tegasnya.

Menurut Nanang, tren eksplorasi ke depannya terletak di Kawasan Timur Indonesia. Pihaknya telah masuk kawasan ini, yakni dengan melakukan seismik di Klamasosa, Papua Barat sepanjang 500 kilometer. Tahun ini, seismik akan ditambah sepanjang 200 kilometer dan dilanjutkan 300 kilometer pada 2018.

Lebih lanjut, Nanang menambahkan, Pertamina EP juga mendapatkan temuan eksplorasi di Sumur Piraiba di Tanjung Kalimantan Selatan pada 2014 lalu. “Melihat potensi dari sumur Piraiba tersebut, tahun ini kami masuk kegiatan seismik di Tanjung Kalimantan Selatan dengan target total 350 kilometer. Kemudian kami akan menambah data seismik 2D di area Tanjung Area Barat,” jelasnya.

Terkait Seismik Kupalanda di Area Bintuni, Papua Barat yang sudah di mulai sejak 2016, pihaknya menargetkan harus memperoleh cadangan yang besarnya signifikan. Pasalnya, apabila temuan cadangannya kecil, maka tidak akan ekonomis, mengingat upaya yang dilakukan sangat besar karena areanya mayoritas merupakan rawa.

Investor Daily, Page-9, Wednesday, April, 12, 2017

In May, Pertamina Acquires ExxonMobil in Blue Tiung

PT Pertamina, through its subsidiary, PT Pertamina EP Cepu (PEPC), expects to take over the rights of participation in the Project ExxonMobil Jambaran Tiung Blue in May. The acquisition is to ensure the project can begin to produce oil and gas (on stream) in 2020

This is a follow-up letter of the Minister of Energy and Mineral Resources No. 9/13 / MEM.M / 2017 dated January 3, 2017 ordered Pertamina to develop a full and complete discussion ITB field with ExxonMobil through business scheme (business to business / b to b). Pertamina has started this business negotiations step by ExxonMobil.

Director of PEPC Adriansyah said, through negotiations, ExxonMobil's management rights Jambaran-Tiung Blue will be transferred to it. In March, the company and ExxonMobil have signed an Interim Agreement, which agreed that both must harmonize technical matters relating to the acquisition of participation rights. "May we are targeting the negotiation has been completed, the existing settlement agreement," he said.

The scheme will be carried out by Pertamina, the sole permanent risk. This means the right of participation will be appreciated commercially ExxonMobil suit prevailing business practices. Furthermore, so no compensation or payment, ExxonMobil will no longer have the right to re-engage in the management of project-Tiung Jambaran Blue.

Adriansyah explained, of negotiations that has been running, the company and ExxonMobil have synchronized several economic parameters as the basis of calculation of the value of the participation rights. While some things that have not been agreed that the discount rate and interpretations about taxation. These are things that must be resolved so that existing participation rights takeover decision in May.

"May need to be completed for the Project Blue Jambaran-Tiung should begin later this year in order to be on stream in 2020. If not, then the project will change the economic profile, as well as the price of gas. So that could be an even longer process, "said Adriansyah. Each one-year production schedule delays resulting IRR called down the value of more than 2%.

This is because of his cooperation contract expires in 2035. Jambaran Field is part of the Cepu Block operated by ExxonMobil. However, for Jambaran-Tiung Project Blue, PEPC is the operator for most field Tiung Fields connected with Blue PT Pertamina EP. Currently, the ownership rights to participation in Cepu itself that PEPC 45%, Ampolex 24.5%, ExxonMobil 20.5%, and ROE 10%.

Senior Vice President Upstream Business Development Denie S Tampubolon PT Pertamina said, the company has a budget for the acquisition of upstream oil and gas assets, including rights to take over ExxonMobil's participation in Jambaran Field. "If it is a strategic project, the budget must have prepared," he said.

Meanwhile, related to the sale of gas produced from the Project Jambaran-Tiung Blue, will be finalized once an agreement is reached with ExxonMobil. According Ardiansyah. it had obtained a letter allocations to gas-Tiung Jambaran Project Blue of PT Pupuk Kujang Cikampek to Pertamina. 

     Thus, the gas produced by 172 million standard cubic feet per day / MMSCFD. It also has set up a gas sales agreement (GSA) with the company. "Finalization of the GSA, we are targeting in the second quarter in 2017," he said.

This year, Pertamina EP Cepu has to spend approximately US $ 100 million to continue construction projects Jambaran Field unitization-Tiung Blue. Budget is not too large because of the activities carried out this year has not been a lot of construction activity.

Activities conducted the engineering construction (engineering), preparation, and the release of a small portion of land required. Field development is currently under implementation EPC ITB Early Civil Work (ECW). "If all is ok, we are committed to complete as soon as possible because the contract with the EPC contractor has been prepared," said Ardiansyah.

Blue-Tiung Jambaran field can produce gas for up to 320 million standard cubic feet per day / MMSCFD. However, the carbon dioxide content of 30%, a clean gas which can be used is only about 180-185 MMSCFD.

IN INDONESIAN

Mei, Pertamina Ambil Alih Saham ExxonMobil di Tiung Biru

PT Pertamina melalui anak usahanya, PT Pertamina EP Cepu (PEPC), menargetkan dapat mengambilalih hak partisipasi ExxonMobil di Proyek Jambaran Tiung Biru pada Mei nanti. Akuisisi ini untuk memastikan proyek tersebut dapat mulai menghasilkan migas (on stream) pada 2020

Hal ini adalah sebagai tindak lanjut Surat Menteri ESDM No 9/13/ MEM.M/ 2017 tertanggal 3 Januari 2017 yang memerintahkan Pertamina untuk mengembangkan secara penuh lapangan ITB dan menyelesaikan pembahasan dengan ExxonMobil melalui skema bisnis (business to business/b to b). Pertamina telah memulai langkah negosiasi bisnis ini dengan ExxonMobil.

Direktur Utama PEPC Adriansyah menuturkan, melalui negosiasi tersebut, hak kelola ExxonMobil untuk Jambaran-Tiung Biru akan dialihkan ke pihaknya. Pada Maret lalu, pihaknya dan ExxonMobil telah meneken Interim Agreement yang menyepakati bahwa keduanya harus menyelaraskan hal-hal teknis berkaitan dengan pengambilalihan hak partisipasi ini. “Mei nanti kami targetkan negosiasi sudah selesai, sudah ada settlement agreement,” kata dia 

Skema yang akan dilakukan Pertamina, yakni permanent sole risk. Hal ini berarti hak partisipasi ExxonMobil akan dihargai secara komersil sesuai praktik bisnis yang berlaku. Selanjutnya, begitu ada kompensasi atau pembayaran, ExxonMobil tidak lagi memiliki hak untuk kembali terlibat dalam pengelolaan Proyek Jambaran-Tiung Biru.

Adriansyah menjelaskan, dari negosiasi yang telah berjalan, pihaknya dan ExxonMobil telah menyelaraskan beberapa parameter keekonomian yang dijadikan dasar perhitungan nilai hak partisipasi tersebut. Sementara beberapa hal yang belum disepakati yakni soal discount rate dan interpretasi perpajakan. Hal-hal inilah yang harus diselesaikan sehingga sudah ada keputusan pengambilalihan hak partisipasi pada Mei.

“Mei harus selesai karena Proyek jambaran-Tiung Biru harus di mulai tahun ini juga supaya on stream pada 2020. Jika tidak, maka profil keekonomian proyek akan berubah, demikian juga harga gasnya. Sehingga bisa jadi lebih panjang lagi prosesnya,” kata Adriansyah. Setiap penundaan jadwal produksi satu tahun disebutnya mengakibatkan IRR turun nilai lebih dari 2%. 

Hal ini lantaran kontrak kerja samanya berakhir pada 2035. Lapangan Jambaran merupakan bagian dari Blok Cepu yang di operasikan oleh ExxonMobil. Namun, untuk Proyek Jambaran-Tiung Biru, PEPC menjadi operator karena sebagian lapangannya terhubung dengan Lapangan Tiung Biru milik PT Pertamina EP. Saat ini, untuk kepemilikan hak partisipasi di Blok Cepu sendiri yakni PEPC 45%, Ampolex 24,5%, ExxonMobil 20,5%, dan BUMD 10%. 

Senior Vice President Upstream Business Development Denie S Tampubolon PT Pertamina menuturkan, perseroan memiliki anggaran untuk akuisisi aset hulu migas, termasuk untuk mengambilalih hak partisipasi ExxonMobil di Lapangan jambaran. “Kalau memang proyeknya strategis, anggarannya pasti disiapkan,” ujar dia.

Sementara itu, terkait penjualan gas yang dihasilkan dari Proyek Jambaran-Tiung Biru, akan diselesaikan begitu tercapai kesepakatan dengan ExxonMobil. Menurut Ardiansyah. pihaknya sudah memperoleh surat yang mengalihkan alokasi gas Proyek Jambaran-Tiung Biru dari PT Pupuk Kujang Cikampek ke Pertamina. 

     Sehingga, gas yang diproduksikan sebesar 172 million standard cubic feet per day/mmscfd. Pihaknya juga sudah menyiapkan perjanjian jual beli gas (PJBG) dengan perseroan. “Finalisasi PJBG kami targetkan di kuartal kedua di 2017,” ujar dia.

Tahun ini, Pertamina EP Cepu telah menyiapkan dana sekitar US$ 100 juta untuk melanjutkan pengerjaan Proyek Unitisasi Lapangan Jambaran-Tiung Biru. Anggaran tidak terlalu besar lantaran kegiatan yang dilakukan pada tahun ini belum banyak kegiatan konstruksi. 

Aktifitas yang dilakukan yakni pengerjaan rekayasa (engineering), persiapan, dan pembebasan sebagian kecil lahan yang dibutuhkan. Saat ini pengembangan Lapangan ITB sedang dalam pelaksanaan EPC Early Civil Work (ECW). “Kalau semua sudah ok, kami berkomitmen selesaikan secepatnya karena kontrak dengan kontraktor EPC sudah disiapkan,” kata Ardiansyah.

Lapangan Jambaran-Tiung Biru bisa menghasilkan gas hingga 320 million standard cubic feet per day/ mmscfd. Namun dengan kandungan karbondioksida sebesar 30%, gas bersih yang bisa digunakan hanya sekitar 180-185 mmscfd.

Investor Daily, Page-9, Wednesday, April, 12, 2017

Pertamina Competing Get Gas Field in Iran

PT Pertamina are competing for the right to manage two oil and gas fields in Iran, the Ab-Teymour and Mansouri. Rival energy SOEs include the Russian oil company Lukoil and Maersk Oil of Denmark.

"We are optimistic. We have to convey the proposal to NIOC (National Iranian Oil Company). At the moment we are waiting for a response from Iran," said Pertamina Upstream Director Syamsu Alam, in Cirebon, West Java

According to him, the government fully supports the desire of Pertamina to manage the full two oil and gas fields in Iran. In fact, when President Joko Widodo met with the Iranian president has explicitly communicated a desire to be able to manage these two oil and gas blocks. "I think it is a government support that is extraordinary. Now depending upon the Iranian government's decision, ".

He said Pertamina has prepared two investments in oil and gas fields located in the land within a period of 20 years. The investment is prepared Pertamina amounted to USD12 billion. "We hope that this year has been appointed, after it could direct the execution," he said.

He added that Pertamina is ready to cooperate with local companies from Iran. Under the rules of the Iranian government, oil and gas contractors who make investments must involve local companies in addition to NIOC.

Senior Vice President Upstream & Development Business Pertamina Denie Tampubolon said that the desire to manage oil and gas fields in Iran is an effort to develop Pertamina upstream sector. He called the total production capacity in two oil and gas blocks, namely Ab-Teymour and Mansouri of 100,000 barrels of oil equivalent per day (BOEPD). As each block has a production of 50,000 BOEPD.

"That figure could still be improved significantly. However, Pertamina appointed to develop this field, we have the technical competence and is ready for funding the development of the field," he said.

He believes that the proposed auction proposal Pertamina is able to compete with competitors. "We're optimistic. The Iranian government would not only consider the commercial side, but also good relations with Indonesia. In addition, prior to submission, we also test the proposal with NIOC, "he added.

In addition to the Middle East, Pertamina also plans to develop oil and gas upstream businesses in Russia and is also expanding into Africa and Asia Pacific.

IN INDONESIAN

Pertamina Bersaing Dapatkan Ladang Migas di Iran

PT Pertamina bersaing mendapatkan hak pengelolaan dua ladang minyak dan gas di Iran, yaitu Ab-Teymour dan Mansouri. Saingan BUMN energi tersebut antara lain perusahaan migas Rusia Lukoil dan Maersk Oil dari Denmark.

"Kita optimistis. Kita sudah sampaikan proposal ke NIOC (National Iran Oil Company). Saat ini kita menunggu respon dari Iran," ujar Direktur Hulu Pertamina Syamsu Alam, di Cirebon, Jawa Barat

Menurut dia, pemerintah mendukung penuh keinginan Pertamina mengelola secara penuh dua ladang migas di Iran. Bahkan, ketika Presiden Joko Widodo bertemu dengan presiden Iran, secara eksplisit telah disampaikan keinginan untuk dapat mengelola dua blok migas tersebut. ”Saya kira itu merupakan dukungan pemerintah yang sangat luar biasa. Sekarang tergantung keputusan pemerintah Iran,".

Dia mengatakan, Pertamina telah menyiapkan investasi pengelolaan dua ladang migas yang terletak di darat tersebut dalam jangka waktu selama 20 tahun. Adapun investasi yang disiapkan Pertamina sebesar USD12 miliar. "Kita harapkan tahun ini sudah ditunjuk, setelah itu bisa langsung eksekusi," ujarnya.

Dia menambahkan, Pertamina siap bekerja sama dengan perusahaan lokal dari Iran. Berdasarkan aturan dari Pemerintah Iran, kontraktor migas yang melakukan investasi memang harus melibatkan perusahaan lokal selain NIOC.

Senior Vice President Upstream & Development Business Pertamina Denie Tampubolon mengatakan bahwa keinginan mengelola ladang migas di Iran merupakan upaya Pertamina mengembangkan sektor hulu. Dia menyebut total kapasitas produksi di dua blok migas, yakni Ab-Teymour dan Mansouri sebesar 100.000 barel oil equivalent per day (BOEPD). Adapun masing-masing blok mempunyai produksi sebesar 50.000 BOEPD.

"Angka itu masih bisa ditingkatkan secara signifikan. Kalau Pertamina ditunjuk mengembangkan lapangan ini, kita punya kompetensi teknis dan siap pendanaan pengembangan lapangan," ujarnya.

Dia meyakini proposal lelang yang diajukan Pertamina mampu bersaing dengan kompetitor. ”Kita optimistis. Pemerintah Iran tentu tidak hanya mempertimbangkan sisi komersial, tapi juga hubungan baik dengan Indonesia. Di samping itu, sebelum submit, kita juga sudah tes proposal dengan NIOC,” imbuhnya.

Di samping Timur Tengah, Pertamina juga berencana mengembangkan bisnis hulu migas di Rusia dan juga berekspansi ke Afrika dan Asia Pasifik.

Koran Sindo, Page-8, Wednesday, April, 12, 2017

Premium Auction Block Gas New Scheme

Ministry of Energy and Mineral Resources (EMR) will again auction off a number of work areas block new oil and gas this year. The first stage of the tender will be conducted in 2017 in May 2017, to coincide with the event IPA Conference.

Director General of Oil and Gas Ministry of Energy and Mineral Resources Wiratmaja Puja IGN said the government is ready to auction 15 oil and gas blocks consisting of 10 blocks of conventional and non-conventional 5 blocks. "It's still tentative, would we Squeeze. Report to the Minister first, we will announce," said Wiratmaja, Tuesday (11/4). To attract investors, the government will offer a gross scheme split for the entire oil and gas blocks to be auctioned this year.

In addition to gross split, the government will provide the opportunity for potential investors to bid and the amount of signature bonus scheme. "To be more interesting, in addition to gross split, we open bid signature bonus right, once is limited so," he explained.

Even so, the government will still set boundaries signature bonus in each block to be auctioned. "There is no owner estimated, because the auctioned from the side of the basin has the shape of each character, different data and potential also varies," he said.

Meanwhile, for the oil and gas blocks unsold after the auction last year will likely be re-auctioned at the second stage of this year. Most likely the auction phase II will be conducted in the second half 2017.

"The 2016 was our first re-evaluation, perhaps in the second half we evaluated again why not sell. It takes time," said Wiratmaja.

Last year, the government has been auctioning 14 conventional oil and gas blocks, precisely in April 2016. However, only two blocks desired. Currently it is still negotiating the winning bidder does not wear gross split. They still want the alias production sharing contract scheme production sharing contract (PSC).

Erwin Maryoto, Vice President of Public and Government Affairs ExxonMobil Indonesia, say, ExxonMobil will see the block to be auctioned. Then Exxonmobil evaluate the block. "We will look at all, Because there is on offer, we are evaluating," he said.

Erwin also can not ensure that oil and gas blocks auction this year will be more interesting, especially with the split gross scheme. Because ExxonMobil should compare all potential oil and gas blocks to be offered.

"Not only gross or PSC split is seen, but the quality, the potential of the block. Exxonmobil has evaluation individually. But we will see what is on offer," he said.

If Exxonmobil still opportunities assess oil and gas blocks to be offered this year, in contrast to PT Pertamina. Pertamina's upstream director Syamsu Alam has said Pertamina has no plan to follow the new block deals. Pertamina currently focusing on the blocks that has become the company's portfolio. "We are currently the focus of the existing deal, including the PSC will end," said Alam.

IN INDONESIAN

Lelang Perdana Blok Migas Skema Baru

Kementerian Energi dan Sumber Daya Mineral (ESDM) akan kembali melelang sejumlah wilayah kerja blok minyak dan gas bumi baru pada tahun ini. Lelang tahap pertama 2017 akan di laksanakan pada Mei 2017, bertepatan dengan perhelatan IPA Conference.

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM IGN Wiratmaja Puja mengatakan, pemerintah siap melelang 15 blok migas yang terdiri dari 10 blok konvensional dan 5 blok non konvensional. "Ini masih tentatif, akan kami rapatkan. Lapor kepada Menteri dulu, kami umumkan," kata Wiratmaja, Selasa (11/4). Demi menarik investor, pemerintah akan menawarkan skema gross split untuk seluruh blok migas yang akan dilelang pada tahun ini. 

Selain gross split, pemerintah akan memberikan kesempatan kepada calon investor menawar skema dan besaran signature bonus. "Agar lebih menarik lagi, selain gross split, signature bonus kami open bid kan, dulu dibatasi sekian," urainya.

Meskipun begitu, pemerintah masih akan menetapkan batasan signature bonus di setiap blok yang akan dilelang. "Masih ada owner estimated, karena yang dilelang ini dari sisi bentuk cekungan punya karakter masing-masing, data berbeda dan potensi juga berbeda-beda," katanya.

Sementara, untuk blok migas yang tidak laku setelah dilelang tahun lalu kemungkinan besar akan kembali dilelang pada tahap kedua tahun ini. Kemungkinan besar lelang tahap II akan dilakukan pada semester II-2017.

"Yang tahun 2016 itu kami evaluasi ulang dulu, mungkin pada semester dua kami evaluasi lagi kenapa tidak laku. Itu membutuhkan waktu," kata Wiratmaja.

Tahun lalu, pemerintah memang telah melelang 14 blok migas konvensional, tepatnya pada April 2016. Namun hanya dua blok yang diminati. Saat ini pemenang lelang itu masih berunding tidak memakai gross split. Mereka tetap menginginkan skema kontrak bagi hasil alias production sharing contract (PSC).

Erwin Maryoto, Vice President Public and Goverment Affairs ExxonMobil Indonesia, bilang, Exxonmobil akan melihat blok yang akan dilelang. Kemudian Exxonmobil mengevaluasi blok itu. “Kami akan melihat semua, Karena belum ditawarkan, kami evaluasi," ujarnya.

Erwin juga belum bisa memastikan lelang blok migas tahun ini akan lebih menarik, terutama dengan adanya skema gross split. Pasalnya EXXonmobil harus membandingkan seluruh potensi blok migas yang akan ditawarkan. 

"Tidak hanya gross split atau PSC yang dilihat, tapi kualitas, potensi blok. Exxonmobil punya evaluasi sendiri- sendiri. Tapi kami akan lihat apa yang ditawarkan," jelasnya.

Jika Exxonmobil masih membuka peluang mengkaji blok migas yang akan ditawarkan tahun ini, berbeda dengan PT Pertamina. Direktur Hulu Pertamina, Syamsu Alam pernah menyatakan Pertamina belum berencana mengikuti penawaran blok baru. Pertamina saat ini masih fokus pada blok-blok yang telah menjadi portofolio perseroan.  “Kami sedang fokus menangani yang eksisting, termasuk PSC yang akan berakhir," kata Alam.

Kontan, Page-14, Wednesday, April, 12, 2017

WK Auction Terms Gas More Soft

Ministry of Energy and Mineral Resources (MEMR) plans to auction 15 working areas (WK) of oil and gas in May. Details, 10 work areas of conventional and 5 non-conventional working area.

    Director General of Oil and Gas Ministry of Energy and Mineral Resources Wiratmaja Puja IGN stated, the entire auction scheme in the form of gross revenue share split to replace the cost recovery scheme. With a gross scheme the government split a share of oil and gas that is smaller than the percentage for the results so far. 

     However, the oil and gas section received by the government that no longer intact due to reduced operating costs for the replacement of oil exploitation activities are charged cooperation contract (PSC).

     According Wiratmaja, preferably split scheme PSC's gross cash flow is not affected because the duration of the operational cost recovery and Special Unit of Upstream Oil and Gas (SKK Migas). "For the auction in the first half of this year, there were 15 WK. All will be offered in the PSC (production sharing contract) gross split," he said

     Not only split the gross scheme, the government also asked for a signature bonus (signature bonus) with an open auction system. Later auction participants mentioned financial capability guarantees that the bidding documents and gas working areas. 

    So, between the government and bidders, made possible bargain signature bonus value. Bargaining occurs because of the potential and challenges of each region is different oil and gas work.

"In the past (signature bonus) is limited so. There was owner estimate because the shape of the basin (oil and gas working areas) have their respective characters. The data is different and also different potential" says the professor of ITB.

IN INDONESIAN

Syarat Lelang WK Migas Lebih Lembut

Kementerian Energi dan Sumber Daya Mineral (Kementerian ESDM) berencana melelang 15 wilayah kerja (WK) minyak dan gas pada Mei mendatang. Perinciannya, 10 wilayah kerja konvensional dan 5 wilayah kerja non-konvensional.

Direktur Jenderal Migas Kementerian ESDM IGN Wiratmaja Puja menyatakan, seluruh lelang menggunakan skema bagi hasil berupa gross split untuk menggantikan skema cost recovery. Dengan skema gross split pemerintah memperoleh bagian minyak dan gas bumi yang lebih kecil jika dibandingkan dengan persentase bagi hasil selama ini. 

     Namun, bagian minyak dan gas yang diterima pemerintah itu utuh karena tidak lagi dikurangi penggantian biaya operasional untuk kegiatan eksploitasi minyak yang ditagihkan kontraktor kontrak kerja sama (KKKS).

Menurut Wiratmaja, skema gross split lebih disukai KKKS karena arus kasnya tidak terpengaruh durasi pengembalian biaya operasional dan Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas). "Untuk lelang pada semester pertama tahun ini, ada 15 WK. Semua akan ditawarkan dalam PSC (production sharing contract) gross split,” ujarnya 

Bukan hanya skema gross split, pemerintah juga meminta bonus tanda tangan (signature bonus) dengan sistem lelang terbuka. Nanti peserta lelang menyebutkan jaminan kemampuan keuangan tersebut dalam dokumen lelang wilayah kerja migas.

     Jadi, antara pemerintah dan peserta lelang, dimungkinkan terjadi tawar-menawar nilai signature bonus. Tawar-menawar terjadi karena potensi dan tantangan setiap wilayah kerja migas berbeda-beda.

"Dulu (signature bonus) dibatasi sekian. Ada owner estimate karena bentuk cekungan (wilayah kerja migas) punya karakter masing-masing. Datanya berbeda dan potensi juga berbeda-beda" kata guru besar ITB tersebut.

Jawa Pos, Page-5, Wednesday, April, 12, 2017

Exxon Looking for Other Sources

Cepu Block Development

ExxonMobil Cepu Limited, a subsidiary of ExxonMobil, which has a stake in Cepu, is developing the field and other structures on the block of oil and gas are located in East Java and Central Java.

Vice President of Public and Government Affairs ExxonMobil Indonesia Erwin Maryoto said, now that he is undergoing the process of commercial negotiations to take off 45% stake in Gas Fields participation Jambaran-Tiung Blue, Cepu PT Pertamina EP Cepu.

Jambaran-Tiung Blue is a gas field between Jambaran Fields (Cepu) and Field Tiung Blue (block PT Pertamina EP). In the project, Pertamina EP Cepu as the operator controls the shares of participation of 45%, while the remaining 10% owned by entities owned cooperation area.

Based on the letter from the Minister of Energy and Mineral Resources (ESDM) No. 9/13 / MEM / 2017 on January 3, 2017, the government commissioned Pertamina to develop the full-Tiung Jambaran Blue for quick operation. Because, since the field development plan (POD) was signed in 2015, the field can not be developed because there are differences in the economic standard between Exxon and Pertamina projects.

"To JTB [Jambaran-Tiung Blue], at this time I can not comment because it is negotiating with Pertamina commercial. We want to get the best solution for all parties, "he said

Meanwhile, ExxonMobil still has some structure which may be developed further in Cepu. This time, it was still a high rate well test or tests to achieve the production of over 200,000 barrels per day (bpd). Because the oil production will be increased from the original 165,000 bpd to 200,000 bpd.

However, the revision of the environmental impact assessment (EIA) has not been obtained from the Ministry of Forestry and the Environment in order to perform daily production of 200,000 bpd. Other structures are also being developed which Kedung Courses planned Keris produce 10,000 bpd in 2019. "To Kedung Keris, we are currently in the preparation stage for development activities," he said.

Earlier, President Director of PT Pertamina EP Cepu Adriansyah said, in the development phase 1, will be carried out geological and geophysical studies, the proposed delineation and exploration drilling for structure, Alas Alas Tua Tua West and East.

In the second phase of development for 2019 until 2022, PoD Iapangan Iapangan Cendana and Alas Tua East is targeted to be delivered in 2018. In addition, exploration drilling and Pilang Giyanti structure and advanced dewatering activities (od enhanced recovery / EOR) Iapangan Banyu Urip also performed.

In the third phase of development in 2022 to 2035, Pertamina to drill wells in the Field Kalisari verification, preparation of PoD for four structures (Giyanti, Kalisari, Alas Tua East and Pilang) also pilot EOR-Banyu Urip. There are plans to develop Cendana and Alas Tua West, "he said.

IN INDONESIAN

Exxon Mencari Sumber Lain

ExxonMobil Cepu Limited, anak usaha ExxonMobil yang memiliki saham di Blok Cepu, sedang mengembangkan lapangan dan struktur lain di blok minyak dan gas bumi yang berlokasi di Jawa Timur dan Jawa Tengah tersebut.

Vice President Public & Government Affairs ExxonMobil Indonesia Erwin Maryoto mengatakan, saat ini pihaknya menjalani proses negosiasi komersial untuk melepas 45% saham partisipasi Lapangan Gas Jambaran-Tiung Biru, Blok Cepu kepada PT Pertamina EP Cepu.

Jambaran-Tiung Biru merupakan lapangan gas antara Lapangan Jambaran (Blok Cepu) dan Lapangan Tiung Biru (blok PT Pertamina EP). Pada proyek tersebut, Pertamina EP Cepu sebagai operator menguasai saham partisipasi 45%, sedangkan sisanya 10% dimiliki oleh badan kerja sama badan usaha milik daerah.

Berdasarkan surat dari Menteri Energi dan Sumber Daya Mineral (ESDM) No. 9/13/MEM/2017 pada 3 Januari 2017, pemerintah menugaskan Pertamina untuk mengembangkan secara penuh Jambaran-Tiung Biru agar cepat beroperasi. Pasalnya, sejak rencana pengembangan lapangan (POD) diteken pada 2015, lapangan belum bisa dikembangkan karena terdapat perbedaan standar keekonomian proyek antara Exxon dan Pertamina.

“Untuk JTB [Jambaran-Tiung Biru], saat ini saya belum bisa memberikan komentar karena sedang melakukan negosiasi komersial dengan Pertamina. Kami ingin mendapatkan solusi yang terbaik bagi semua pihak,” ujarnya 

Sementara itu, ExxonMobil masih memiliki beberapa struktur yang mungkin bisa dikembangkan lebih lanjut di Blok Cepu. Saat ini, pihaknya masih melakukan uji sumur atau high rate test untuk mencapai produksi lebih dari 200.000 barel per hari (bph). Pasalnya, produksi minyak akan dinaikkan dari semula 165.000 bph menjadi 200.000 bph.

Namun, revisi analisis dampak lingkungan (Amdal) belum diperoleh dari Kementerian Kehutanan dan Lingkungan Hidup agar bisa melakukan produksi harian 200.000 bph. Struktur lainnya yang juga sedang dikembangkan yakni Lapangan Kedung Keris yang direncanakan menghasilkan 10.000 bph pada 2019. “Untuk Kedung Keris, kami sedang dalam tahap persiapan untuk kegiatan pengembangannya,” katanya.

Sebelumnya, Direktur Utama PT Pertamina EP Cepu Adriansyah mengatakan, pada pengembangan tahap 1, akan dilakukan kajian geologi dan geofisika, usulan pengeboran sumur delineasi dan eksplorasi untuk stuktur, Alas Tua West dan Alas Tua East.

Pada pengembangan tahap 2 untuk 2019 hingga 2022, PoD Iapangan Cendana dan Iapangan Alas Tua East ditargetkan bisa disampaikan pada 2018. Selain itu, pengeboran eksplorasi struktur Giyanti dan Pilang serta kegiatan pengurasan lanjutan (enhanced od recovery/EOR) Iapangan Banyu Urip juga dilakukan.

Dalam pengembangan tahap 3 pada 2022-2035, Pertamina akan mengebor sumur pembuktian di Lapangan Kalisari, penyusunan PoD untuk empat struktur (Giyanti, Kalisari, Alas Tua East dan Pilang) juga uji coba EOR-Banyu Urip. Ada rencana untuk kembangkan Cendana dan Alas Tua West,” katanya.

Bisnis Indonesia, Page-30, Wednesday, April, 12, 2017

Tax Regulation Unclear

PSC Gross split Scheme 

Oil and gas contractor asked the government to establish regulatory tax matter in the scheme of the contract for gross proceeds or gross split in order not to disrupt oil and gas investment climate in the country.

Regulations on tax payments not listed in the Regulation of the Minister of Energy and Mineral Resources No. 8/2017 on the Production Sharing Contract Gross Split. In Article 13 of Regulation of the Minister of Energy and Mineral Resources No. 8/2017 states contractors are obliged to pay income tax in accordance with the provisions of legislation income tax treatment in the fields of business activities of oil and gas.

Executive Director of the Indonesia Petroleum Association (IPA) Marjolijn Wajong said the tax should be confirmed and clarified in detail through other regulations so that oil and gas contractors can determine a budget and move on to the profit-sharing scheme that replaces gross cost recovery scheme.

"The regime of taxation gross matter of split unclear. There needs to be more assertive rules. IPA will convey this to the Ministry of Energy, "he told a media briefing about the energy crisis in Indonesia Judging from the Perspective of Economics.

Marjolijn said oil and gas contractors who switch from cost recovery scheme to split will be confusion in the gross tax payments. Contractors may incorrectly calculate taxes. Or maybe, there is a tax that is not known by the contractor that ultimately must be paid "

He argues MEMR should immediately determine a common policy Ministry of Finance to prepare regulations. According to him, cooperation between ministries also need to be strengthened for the preparation of the regulation that the contractor believes the gross basic scheme split 53% government and 47% contractors.

This scheme is an effect on investment in the oil and gas sector. According to him, the scheme could have made the investment in the oil and gas sector is not interesting, because the costs are still unclear. "In addition, the government is not at risk," said Marjolijn.

Meanwhile, oil and gas investment in Indonesia has decreased over the last few years. Note Policy Survey Perception Index 2016 released by the Fraser Institute shows that the oil and gas investment climate in the country less competitive than its neighbors. It was seen from the quiet auction enthusiasts Work Area (WK) in the last 2 years.

The government offered 17 oil and gas working areas in the past year. However, only one contractor that is interested in participating in the auction. The previous period, the government offered 11 oil and gas blocks, but none of the contractors who are interested.

Observers Indonesian oil and gas Patmukismo Suyitno said, several factors that influence is uncertainty about taxes and regulations. "Of course it affects the investment in the oil and gas sector."

Suyitno is also a former Director General of Oil and Gas and the former Director of Pertamina EP believes that there are several strategic steps to be taken by the government.

According to him, the national private sector should be given the opportunity to contribute to building a strong oil and gas industry. He also believes that government measures necessary for a new contract. The government needs to provide blocks without tender, without paying the bonus, but with an active exploration, as privileged. However, it is devoted to the PSC was not renewed.

WORK AREA 15 (WK) auctioned

MEMR ready to auction off 15 work areas of oil and gas in May 2017 using contract scheme for gross proceeds or gross profit-sharing scheme split replace operating costs that can be restored or cost recovery.

There are 10 areas of work (WK) conventionally be auctioned. A total of three WK will use regular auction mechanism, namely WK Dunan in Riau Islands, WK Tanimbar in Moluccas, and WK Memberamo in Papua.

Meanwhile, seven WK other conventional'll do direct deals is WK Andaman 1, WK Andaman 2, WK South Tuna in the Riau Islands, WK Merak in Banten and Lampung, WK Pekawai in East Kalimantan, WK West Yamdena in Maluku, and WK Kasuri 3 in West Papua.

      The five other WK is a non-conventional area consisting of two WK shale hydrocarbons, namely WK 1 and WK Jambi Jambi 2. The other three are WK CBM, namely WK King in South Sumatra, WK and WK Bungamas West Air Ogan in South Sumatra.

     Director General of Oil and Gas Ministry of Energy and Mineral Resources Wiratmaja Puja I Gusti Nyoman said the split gross scheme implemented in the hope of working area deals become more attractive.

"In the first half / 2017 there were about 15 WK ready we auction. Everything will be offered using PSC [production sharing contract / contract scheme for the results] gross split. "

IN INDONESIAN

Regulasi Pajak Belum Jelas

Kontraktor minyak dan gas bumi meminta pemerintah membentuk regulasi soal pajak dalam skema kontrak bagi hasil kotor atau gross split agar tidak mengganggu iklim investasi migas di Tanah Air.

Peraturan tentang pembayaran pajak tidak tercantum dalam Peraturan Menteri Energi dan Sumber Daya Mineral Nomor 8/2017 tentang Kontrak Bagi Hasil Gross Split. Dalam Pasal 13 Peraturan Menteri ESDM No. 8/2017 menyatakan kontraktor wajib membayar pajak penghasilan sesuai dengan ketentuan peraturan perundang-undangan perlakuan pajak penghasilan di bidang kegiatan usaha minyak dan gas bumi.

Executive Director Indonesia Petroleum Association (IPA) Marjolijn Wajong mengatakan, pajak tersebut perlu dipertegas dan diperjelas secara rinci melalui regulasi lain agar kontraktor migas bisa menentukan anggaran dan beralih ke skema bagi hasil kotor yang menggantikan skema cost recovery.

“Rezim soal perpajakan gross split belum jelas. Perlu ada aturan yang lebih tegas. IPA akan menyampaikan hal ini kepada Kementerian ESDM,” katanya dalam temu media soal Menilik Krisis Energi di Indonesia dari Sudut Pandang Ekonomi.

Marjolijn mengatakan, kontraktor migas yang beralih dari skema cost recovery ke gross split akan kebingunan dalam pembayaran pajak. Kontraktor bisa saja salah menghitung pajak. Atau mungkin, ada pajak yang tidak diketahui oleh kontraktor yang pada akhirnya harus dibayar”

Dia berpendapat seharusnya Kementerian ESDM segera menentukan kebijakan bersama Kementerian Keuangan untuk menyusun regulasi. Menurutnya, kerja sama antar kementerian juga perlu dipererat untuk penyusunan regulasi agar kontraktor percaya dengan skema dasar gross split 53% pemerintah dan 47% kontraktor. 

Skema ini berpengaruh terhadap investasi di sektor migas. Menurutnya, skema ini bisa saja membuat investasi di sektor migas tidak menarik, karena biaya yang harus dikeluarkan masih belum jelas. “Selain itu, pemerintah juga tidak menanggung risiko," kata Marjolijn.

Sementara itu, investasi migas di Indonesia mengalami penurunan selama beberapa tahun terakhir. Catatan Survey Policy Perception Index 2016 yang dirilis Fraser Institute menunjukkan bahwa iklim investasi migas di Tanah Air kalah bersaing dibandingkan dengan negara tetangga. Hal itu terlihat dari sepinya peminat lelang Wilayah Kerja (WK) dalam 2 tahun terakhir.

Pemerintah menawarkan 17 wilayah kerja migas pada tahun lalu. Namun, hanya satu kontraktor yang berminat mengikuti lelang. Periode sebelumnya, pemerintah menawarkan 11 blok migas, tetapi tidak satupun kontraktor yang tertarik.

Pengamat minyak bumi dan gas Indonesia Suyitno Patmukismo mengatakan, beberapa faktor yang memengaruhi adalah soal ketidakpastian pajak dan regulasi. “Tentu saja hal ini berpengaruh terhadap investasi di sektor migas."

Suyitno yang juga mantan Dirjen Minyak Bumi dan Gas sekaligus mantan Direktur Pertamina EP tersebut berpendapat bahwa ada beberapa langkah strategis yang harus dilakukan pemerintah.

Menurutnya, swasta nasional perlu diberi kesempatan untuk ikut membangun industri migas yang tangguh. Dia juga berpendapat langkah pemerintah yang perlu dilakukan untuk kontrak baru. Pemerintah perlu memberikan blok tanpa tender, tanpa bayar bonus, namun dengan eksplorasi aktif, sebagai privilege. Namun, hal ini dikhususkan bagi PSC yang tidak diperpanjang.

15 WILAYAH KERJA (WK) DILELANG

Kementerian ESDM siap melelang 15 wilayah kerja minyak dan gas bumi pada Mei 2017 dengan menggunakan skema kontrak bagi hasil kotor atau gross split menggantikan skema bagi hasil biaya operasional yang dapat dikembalikan atau cost recovery.

Ada 10 wilayah kerja (WK) konvensional yang akan dilelang. Sebanyak tiga WK akan menggunakan mekanisme lelang reguler, yakni WK Dunan di Kepulauan Riau, WK Tanimbar di Maluku, dan WK Memberamo di Papua.

Sementara itu, tujuh WK konvensional lainnya yang akan dilakukan penawaran langsung adalah WK Andaman 1, WK Andaman 2, WK South Tuna di Kepulauan Riau, WK Merak di Banten dan Lampung, WK Pekawai di Kalimantan Timur, WK West Yamdena di Maluku, dan WK Kasuri 3 di Papua Barat.

Adapun lima WK lainnya merupakan wilayah non-konvensional yang terdiri dari dua WK hidrokarbon serpih, yakni WK Jambi 1 dan WK Jambi 2. Adapun tiga lainnya adalah WK gas metana batu bara, yakni WK Raja di Sumatera Selatan, WK Bungamas dan WK West Air Komering di Sumatra Selatan. 

Direktur Jenderal Minyak dan Gas Bumi Kementerian ESDM I Gusti Nyoman Wiratmaja Puja mengatakan, skema gross split tersebut diterapkan dengan harapan penawaran wilayah kerja menjadi lebih menarik.

“Pada semester I/2017 ada sekitar 15 WK yang siap kita lelang. Semuanya akan ditawarkan dengan menggunakan PSC [production sharing contract/skema kontrak bagi hasil] gross split.” 

Bisnis Indonesia, Page-30, Wednesday, April, 12, 2017