Pertamina to Free From Intervention

Position

Home

News

Oil and Gas

Pertamina to Free From Intervention

Monday, 22 March 2010 10:11

Article Index
Pertamina to Free From Intervention
Pertamina Harus Bebas Dari Intervensi ( bahasa )
All Pages

Page 1 of 2

Jakarta - PT Pertamina must be free from intervention noncorporate to corporate performance reaches an optimum level, said Secretary of the Ministry of SOEs Said Didu told AFP in Jakarta, Saturday ..
"Intervention noncorporate will disturb independence in managing the company," he said.

Memnyatakan said there is dynamics in the business management of the national oil company, one of which proposed the establishment of institutions / agencies that regulate or supervise the export of oil and gas Pertamina imported contrary to state law.

"The establishment of export and import regulatory agencies are not in accordance with Law No. 19 Year 2009 on state enterprises, so the proposal is difficult to materialize," he said.

He explained that state law other than the organ of the corporation insists, is prohibited on state intervention.

Board of Commissioners of Pertamina, the Memorandum Number 072/K/DK/2010 dated February 22, 2010, asking President Director of Pertamina Karen Setiawan change the rules of procurement of crude oil imports.

Implementing Task Commissioner and Independent Commissioner Umar Said, Pertamina, said that crude oil purchases can be made directly through trading companies (traders) who are appointed by national oil companies (national oil company / NOC).

In the appendix to the memorandum also mentioned Petral, a subsidiary of Pertamina, was appointed as one of the "trader" Azeri crude oil from Azerbaijan and the NOC of crude oil or any other manufacturer.

According to Said, transparency of procurement of goods and services embodied in the implementation of governance is good and right (GCG).

Didu said adding, that the directors and commissioners, Pertamina has signed a very detailed performance contracts with the government's requirements are essentially free from intervention, including the procurement of goods and services.

"So if there is interference, would have violated state law-Undan," he said. |antaranews.com|tenderoffer.biz|

Prev - Next >>