Thursday, 4 July 2013

OIL GAS TASK FORCE APPROVED PERTAMINA TO SUPPLY OIL WORTH RP 750 BILLION TO CNOOC



The Oil and Gas Special Taskforce for Up-stream Business Activities [SKK Migas] approved Pertamina [Persero] to supply oil for oil gas upstream industry as commitment to expand BUMN.

The approval by SKK Migas was to support PT Pertamina [Persero] as BUMN which needed priority to supply BBM in the oil-gas upstream industry. PT Pertamina would supply industrial oil gas of the High Sulphur Diesel Type [HSD] to CNOON SES Ltd with contract value totaling Rp 753 billion of USD 81 million for the period of 2013. The oil gas supply was needed to produce oil and gas from oil fields managed by CNOOC SES Ltd.

“Our support to PT Pertamina in selling industrial oil gas to CNOOC was proof that we firmly support Pertamina in the effort to grow and this was prove that we stand on the side of national industry” Head of the SSK Migas Rudi Rubiandini was quoted as saying.
               
Attainment target of use of domestic component of oil of HSD type in CNOOC ltd was set at 98.64%. Beside supporting PT Pertamina to supply oil fuel for oil gas upstream industry. SKK Oil Gas also obliged oil-gas suppliers to use BUMN bank or BUMD bank services.
               
“CNOOC SES must oblige providers of goods and services of contract undertakers to prioritize funding from BUMN and BUMD banks when they needed funding from third party” he said
               
Rudi underscored that SKK Migas would continue to give support to BUMN like Pertamina, PT PAL, PT Adhi Karya, PT Pelayaran, PT Sucofindo, PT Surveyor, PT Rekayasa Industri, PT Telekomunikasi Tbk, PT Wijaya Karya Tbk, PT Elnusa, PT Rekayasa Industri, PT Sucofindo to be involved in oil gas upstream industry activities.
               
The total value of goods and services by BUMN in the upstream oil gas industry since 2010 to January 2013 had reached around Rp 24 trillion or around USD 2.54 billion. “ We wish that the role of BUMN could be stepped up in the oil gas upstream industry. We do not wish BUMN to be cast aside in upstream oil gas industry activities as the value was high and meaningful for developing our BUMN” Rudi said.
               
Pertamina [Persero] was a BUMN getting the biggest portion in upstream oil gas industry which came to USD 1.2 billion in the period from 2010-2012.(SS)

Business News - March 15,2013

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