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Oil production in Tempino-Plaju Disetop For Looting, Stock Fuel Safe

  • Posted on September 10, 2017 at 5:29 pm

PT Pertamina (Persero) South Sumatra asked people not to panic about the availability of fuel oil (BBM). Pertamina guarantee enough stock of fuel, although oil production of pipe-Plaju Tempino stopped due to looting or theft.

“There’s no problem so stock enough for South Sumatra,” said Pertamina’s Marketing and Commercial Director Hanung Budya during the discussion with the media at the Hotel Grand Hyatt, Jakarta, Tuesday (07/30/2013).

According to Hanung, crude oil production (crude oil) from Tempino-Plaju only 12,000 barrels / day or 2,000 kiloliters (KL) crude oil refined per day. Of that number only 70% or 1,400 KL which can be fuel oil (BBM).

While the current stock of fuel remaining 4 million KL. Production of oil through pipelines Tempino-Plaju accidentally closed by Pertamina due to rampant theft of crude oil in the region.

“So 2,000 KL of crude oil produced, 70% is a fuel, or about 1,400 KL per day. Stock fuel we’re still 4 million KL. 1,400 KL less if need, there’s no problem. So enough stock,” he added.

Pertamina continues to check and re-look at the inventory and increase the amount of fuel consumption especially before Eid. However, if the fuel is not sufficient, it is ready to bring up to 200,000 barrels of fuel imports.

“We continue to check every day we have to keep a minimum stock. Cessation of operations actually no impact on fuel supplies in South Sumatra. Reduced if indeed we are probably going to import one cargo of 200,000 barrels and finished (are wrong),” Hanung said.

First semester of 2013, Pertamina EP Records Profit of Rp 10 Trillion

  • Posted on May 2, 2017 at 1:45 pm

In the first half (I) 2013, PT Pertamina Exploration and Production (EP) posted a profit of Rp 10 trillion more. Targeted for this year, a subsidiary of state-owned PT Pertamina is able to reap a profit of Rp 18 trillion.
Public Relations Manager of PT Pertamina EP, Amperianto Agus told reporters in Jakarta, Saturday (3/8) night suggests, corporate profits optimistic embrace of it is based on the production performance of oil and gas corporation that produced it.
He said that the present level of oil production per day PT Pertamina EP reached 132 thousand barrels. The expected production rate constant and even increases with the exploration and discovery of new reserves by corporations. “In 2012, corporate profit reached Rp 21.5 trillion,” he said.
This year profit target of Rp 18 trillion does not mean a decrease compared to last year. Agus argues that profits surge last year in addition to the corporate consistency in producing oil and gas, as well as exchange rate differences and the rise in oil prices in the international market.
“Target profit last year (2012) amounted to Rp 17 trillion,” he added.
Most of PT Pertamina EP oil fields located in Sumatra, especially in Jambi, South Sumatra, North Sumatra, and Riau. Pertamina EP also has oil fields in West Java, Central Java and East Java.
“We’re also there is quite a large project in Central Java and East Java. BUT, it is where the gas production is later used to supply gas power plant Tambaklorok Semarang. If that was to be our gas production, is estimated to be saving USD 2 billion of fuel conversion used oil to gas power plant Tambaklorok Semarang, “he explained.
As a subsidiary of PT Pertamina engaged in the upstream oil and gas sector, according to Agus, operational and corporate performance requires the support of many parties, especially the government and society.
Oil theft cases in a massive scale in the pipeline Tempino-Plaju South Sumatra should not happen in other places. In the pipeline along the 265 kilometer (KM), he said, about 75% have been embedded in the ground at the depth of 1.5 meters to 2 meters.
“But, it remains stolen. Trick with building above the oil pipelines, oil pipelines and oil drilled and taken,” he said.

Net profit soared PTPP Doubles

  • Posted on February 16, 2017 at 8:35 am

Housing Development Tbk PT or PTPP recorded net profit surge 2.2 times or to Rp 143.4 billion in the first half of this year compared to the same period in 2012 of Rp 64.8 billion.

The increase in earnings was driven by increased revenue also doubled to Rp 4.17 trillion. The increase was, among others, the contributions of some major projects such as EPC projects and plant PLTGU Tanjung kitbag Duri Riau, Kalibaru port, Kuala Namu Airport, Semarang toll road-Bawen, Donggi Senoro roads and building projects privately owned.

In addition, the subsidiary factory precast concrete industry has also begun to contribute revenue and profit.

“The contribution of income and profit from property business pillar is projected to increase significantly in the next five years”, said Managing Director PTPP, Bambang Triwibowo, in Jakarta, Thursday (01/08/2013).

As of June 2013, the company has bagged new contracts amounting to Rp 9.5 trillion, or 2.5 times over the same period in 2012. Large projects that were achieved, among others, the Port-Cilegon Krakatau Bandar Samudra, Nifaro Apartments, St Moritz, The Kencana and Cikampek Toll-palimanan.

In addition, there is also a toll road development projects Gempol-Pandaan, Tunjungan Surabaya Plaza V, Terminal 3 Soekarno Hatta airport, railway in South Sumatra PT KAI, Infrastructure Sarulla 300 MW power plant in North Sumatra, Banten and Intermark apartment project 120 MW Combined Cycle Power Plant EPC Tanjung kitbag, 160 MW power plant in Muara Tawar Bangkanai and CNG.

With the acquisition of this new contract the Order book as of June 2013 reached Rp 25.3 trillion. This year the company expects revenue of Rp 10.2 trillion and net profit of Rp 370 Billion which is contributed from the five areas of the business they work at the company’s Construction, Property, EPC, Investment and Production of Precast concrete.