New Pertamina chief faces uphill task in boosting Indonesia's energy security

 Aug 30 (spglobal.com) - President Joko Widodo is preparing for presidential and legislative elections in 2019 and is inclined to maintain populist measures such as fuel subsidies, in which Pertamina will have a key role to play. Widyawati, who has been appointed by the president, will be treading a thin line between the official mandate and keeping the oil major afloat amid rising import bills, falling domestic oil and gas production levels and attracting foreign investment in the upstream sector.read the article

Indonesia's push to nationalize energy assets could chill foreign investment

Aug 29, 2018 | source: reuters.com

Indonesia is pushing to nationalize more of its oil and gas assets as it tries to reduce imports and boost government revenue amid emerging market turbulence that has staggered Southeast Asia’s biggest economy. read the article

 Exceeding Target, Pertamina EP Asset 4 Oil and Gas Production Grows 110 Percent

 Aug 3 (netralnews.com) - PT Pertamina EP through Asset 4 unit as of the end of July 2018 posted a positive performance. This is indicated by oil production rate which as of 31 July 2018 reached 15,811 barrels per day (bpd) or 110.11 percent of the target of 14,032 bpd. read the article

 Percent Indonesia's Pertamina to Take Over Chevron's Rokan Block in 2021

 Aug 1 / The Jakarta Post - Indonesia has decided Pertamina will take over operation of the Rokan oil block, the country's second-biggest crude producing field, once Chevron's operating contract there expires in 2021, Deputy Energy Minister Arcandra Tahar said late on Tuesday (31/07). Rokan has been a focus area for Chevron, which asked Indonesia earlier this year to extend its operating contract beyond 2021. read the article

 Indonesia to auction three onstream blocks in August

 Jul 31 / The Jakarta Post - The government is set to open bidding for three ready-to-produce oil and gas blocks — Makassar Strait, Selat Panjang and South Jambi B — in the first week of August. Deputy Energy and Mineral Resources Minister Arcandra Tahar said on Monday that there was enough data on the three blocks to entice potential bidders. read the article

 Oil and Gas Holding Company Strengthens   National Gas Business 

 JAKARTA, May 31st / Netral English - The establishment of oil and gas holding company will optimize the gas business in Indonesia, among others through the optimization of gas supply and improvement of gas infrastructure efficiency, thus creating competitive gas prices. read the article

Pertamina builds projects valued at US$20 trillion in eastern Indonesia

JAKARTA, July 30th / AntaraNews - The 12 units of LPG terminal valued at Rp10 trillion were built to support the program of conversion of kerosene into LPG all over Indonesia.In eastern Indonesia alone, Pertamina built 4 Terminals of LPG Pressurized in Bima, Kupang, Wayame and Jayapura. read the article

Japanese foreign minister to visit Indonesia next week

JAKARTA, June 23rd / Antara - Japan`s total investment in Indonesia had reached US$5 billion in 2017, while the trade balance was recorded at $33 billion. Indonesia exports oil, liquefied natural gas, coal as well as other sectors to Japan.

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Indonesia's Pertamina says oil, gas output climbs 7 pct in 2017

 

JAKARTA, May 2 / Reuters - Indonesia’s state energy company Pertamina said in a statement its oil and gas production increased to 693,000 barrels of oil equivalent (boepd) in 2017 from 650,000 boepd in 2016.

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Indonesia’s proven oil reserves to last just 12 years: Arcandra

 March 27, 2018 / source: thejakartapost.com

Deputy Energy and Mineral Resources Minister Arcandra Tahar has said that Indonesia needs to intensify exploration for new oil fields, because the country’s proven oil reserves will only support about 12 years of exploitation.
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 Kunjungi Wapres JK, Petinggi Exxon Ungkap Rencana Investasi Baru

 March 22, 2018 / source: katadata.co.id, Ameidyo Daud

Exxon tidak menutup peluang investasi di sektor hulu, termasuk mengikuti lelang blok minyak dan gas bumi/migas yang digelar Kementerian Energi dan Sumber Daya Mineral/ESDM Februari lalu.
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 JP Morgan: Oil Could Hit $78 Within Months

 January 30, 2018 / source: oilprice.com, Irina Slav 

The global economy will continue to expand, which will stimulate growth in oil demand and healthy prices. 
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Indonesia Pastikan Jual Gas 1,5 Juta Ton ke Pakistan

January 30, 2018 / source: cnnindonesia.com, Safyra Primadhyta

Indonesia menandatangani kesepakatan kerja sama dengan pemerintah Pakistan (Inter Government Agreement/IGA) di bidang energi. Kesepakatan tersebut memastikan penjualan gas alam cair (LNG) dari Indonesia ke negara kawasan Asia Selatan, termasuk Pakistan.
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Iri 'BBM Satu Harga', PGN Ingin Harga Gas Sama Rata

January 26, 2018 / source: cnnindonesia.com, Dinda Audriene

PT Perusahaan Gas Negara Tbk (PGN) telah meminta Badan Pengatur Hilir Minyak dan Gas Bumi (BPH Migas) untuk membuat harga gas bumi menjadi sama di seluruh daerah di Indonesia. maraknya jargas ini juga akan mengurangi ketergantungan pemerintah dengan elpiji impor.​
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PGN Inginkan Harga Jual Gas Bisa Dibuat Satu Harga

January 25, 2018 / source: republika.co.id, Rep: Intan Pratiwi/ Red: Nidia Zuraya

Adanya kebijakan satu harga maka masyarakat seluruh wilayah Indonesia bisa menikmati harga gas yang sama. Apabila kebijakan satu harga gas melalui jaringan pipa  ini berjalan masif, maka ketergantungan pemerintah atas elpiji impor juga bisa ditekan. ​
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Spending Back on Agenda For Newly Confident Oil Companies

January 25, 2018 / source: The Times, Greig Cameron 

A survey found that 66% expected to increase capital spending this year.
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Indonesia's Pertamina Nears Takeover of State Gas Distributor

January 25, 2018 / source: asia.nikkei.com , Wataru Suzuki and Erwida Maulia, Nikkei Staff Writers

Deal marks step forward for President Widodo’s SOE consolidatoin plans
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PGN Bakal 'Masuk' ke Pertamina Meski PP Belum Diteken

January 23, 2018 / source: www.cnnindonesia.com , Dinda Audriene

Pertamina ditunjuk oleh Kementerian BUMN sebagai holding migas. Rencananya, Pertamina membuat subholding hulu (upstream), subholding refinery dan petrochemical, subholding pemasaran dan ritel, serta subholding gas.​
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Indonesia Sets Sights on $17.04b Oil and Gas Investment in 2018

January 10, 2018 / source: www.thejakartapost.com

Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) head Amien Sunaryadi said the government was attempting to boost investment in a number of upstream oil and gas projects in order to achieve the target.
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Kadin: Pembentukan Holding Migas Jadi Momentum Tepat Implementasikan BBM ke Gas Industri​

January 04, 2018 / source: www.industry.co.id , Ridwan

Kementerian Perindustrian memproyeksikan kebutuhan gas untuk sektor industri sebesar 35 persen pada 2018. Kebutuhan terhadap gas akan terus meningkat seiring peningkatan proyeksi pertumbuhan industri pengolahan nonmigas sebesar 5,67 persen tahun depan.​
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Lelang Blok Migas 2017 Resmi Ditutup: 5 Blok Migas Skema Gross Split Diminati Investor

December 29, 2017 / source: www.esdm.go.id, Tim Komunikasi ESDM

Pada penawaran langsung WK Migas Konvensional, dari 7 blok yang ditawarkan, 5 blok diminati oleh investor.
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Darmin: Penurunan Harga Gas Industri Pertimbangkan PNBP

December 27, 2017 / source: id.beritasatu.com

Penetapan harga gas bumi ini ditujukan bagi pengguna yang bergerak di bidang industri pupuk, petrokimia, oleochemical, baja, keramik, kaca dan sarung tangan.​
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Pemerintah Tunjuk PGN Lego LNG Kilang Badak Blok Sanga-sanga​

December 13, 2017 / source: cnnindonesia.com , Safyra Primadhyta

"Penunjukkan PGN sebagai penjual LNG Blok Sanga-Sanga ini kami terima sebagai sebuah kepercayaan dari pemerintah kepada kami selaku perusahaan BUMN yang fokus di bidang usaha gas bumi,"​
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