|
JAKARTA: PT Pertamina (Persero) expects to soon begin construction of Banten Bay Refinery Refinery after the government promised immediate issue of fiscal incentives is expected out late January 2010.
With the granting of fiscal guarantees, the National Iranian Oil Refining and Distribution Co. (NIORDC) Iran-partners Pertamina and controlled 40% shares of Banten refinery-ready to build by using its own funds. In addition, Iran's state-owned oil and gas was also ready to supply crude oil.
Pertamina president director Karen Agustiawan suggests refinery facilities are part of the national energy security that its presence is necessary for maintaining it.
"Therefore, the government has to understand it. One way is to provide fiscal incentives. Now that the discussion was in the Ministry of Finance and included in the 100-day program. This means that fiscal policy is expected to be out late January," he said last week.
In order to build the needed megaproyek investment of U.S. $ 19 billion that, many companies are interested in working on the project go.
However, Indonesia is considered not competitive compared with other countries, particularly in Southeast Asia.
In addition, the project also requires a large fund. Therefore, South Korea's STX also been offered entry into the refinery. STX proposed requirement that products sent to the country.
"Indeed they filed the conditions. Additionally, refinery also requested modification. Yes finally an agreement is not reached," said Pertamina processing director Rukmi Hadihartini.
If the incentive out of spare parts import duty exemption, he added, the project could be realized, although there are other small obstacles such as land rental PT Pelindo.
"Hopefully, the problem can be resolved. We will find funding for the project, not from internal funds. Question asked to Mr. funding Ferederick [Dirkeu Pertamina]."
Apart from Banten refinery, several refinery projects planned outside Pertamina refinery in Banten include revamping Plaju FCCU capacity of 2320 bph with 92 RON premium product that will be finished in 2012, RFCC capacity of 10,410 bpd Cilacap premium 91 RON in 2013.
In connection with the project Natuna D-Alpha, she also admitted that the project is expected to be realized. "Fiscal terms are also part of the continuation of the project. However, it is expected to clear in January," he said.
According to him, there are eight potential partners included in the list Pertamina shortlist.
Natuna
But wait about a fiscal incentive policy, he added, prospective foreign partners to work on the Natuna D-Alpha must be willing to deliver state-owned oil and gas it becomes world class company, including through transfer of technology and asset swap.
Meanwhile, the government will issue a ministerial regulation (candy) on guidelines for oil and gas production increase plan was published on December 21, 2009.
Consequences of candy was a KKKS (contractor contracts) at risk of losing ground if the management rights are not able to make production activities in accordance with the plans submitted to the government.
According to the Director General of the Department of Energy and Mineral Resources Oil and Gas Evita Herawati Legowo, candy that requires all oil and gas companies KKKS mengiventarisasi all productive field and reported that field development is expected to increase national production.
"We had to tell his KKKS that the field can be transferred to another contractor if it is not capable of production activities in accordance with the plan."
|
