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PERTAMINAPerusahaan Pertambangan Minyak Dan Gas Bumi Negara
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The operation of the oil-rich Mahakam Block by Pertamina since January 1, 2018 not only reinforces the national capability in managing the upstream oil and gas sector, but also shows a significant progress towards national energy sovereignty,' Hasto added.
As part of this agreement, in December 2016, Andalas submitted its first 2 x 30 MW Wellhead IPP project development with Pertamina for government approval.
This is the first shipment of LPG out of a total 600,000 tonnes that Pertamina has agreed to buy from the National Iranian Oil Company in a contract signed in May for deliveries this year and next.
Pertamina has been developing several projects on geothermal power plants, namely Kamojang 5 (1x35 MW) and Karaha (1x30MW) in West Java Province, Ulubelu 3 and 4 (2x55 MW) in Lampung Province, and Lumut Balai 1 and 2 (2x55 MW) in South Sumatra Province.
The plan to transform Pertamina into a non-listed company had existed since the late 1990s.
In July 2014, Pertamina said its target for the production of crude oil, natural gas and geothermal energy by 2025 was 2.
Pertamina director for trade and marketing Hanung Budya said in a press statement in Jakarta last week that the very large gas carrier (VLGC) was the world's biggest and most technologically advanced LPG carrier that would reinforce the company's tanker fleet.
Pertamina is wholly owned by the Indonesian government.
9 May 2011 -- S&P today awarded its BB+ long-term corporate credit rating with a "positive" outlook to Indonesian oil and gas firm PT Pertamina (Persero).
The law opened up opportunities and challenges for Pertamina as the industry became more competitive.
Syamsu Alam, exploration director of the unit of PT Pertamina, 'This ensures the growth of Pertamina EP's output.
According to Pertamina, the project will proceed in three phases.