| Pertamina Prepared Preceding Chevron in 2015 |
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| Wednesday, 22 June 2011 00:00 | |||||||
Page 1 of 2 Pertamina Prepared Preceding Chevron in 2015Jakarta - PT Pertamina (Persero) as the locally-owned state-owned oil and gas companies could set up corresponding to defeat Chevron's oil production in 2015. Where Pertamina trying to increase its oil production to 385,000 barrels per day through the Chevron oil production in Indonesia. This was conveyed by Deputy Minister of Strategic Industries and Manufacturing Bada Ministry of State Owned Enterprises (SOEs) Irnanda executive in the presence of members of Commission VII of DPR RI, Jakarta, Tuesday (06/21/2011). "With a stretch effort and hard work, lifting can be raised to 385,000 barrels per day. So that we can become number one in Indonesia and more than Chevron," he said. He considered it the result to be achieved from the transformation of the synergy between subsidiaries and parent company Pertamina. Coupled also with the acquisition of businesses in the areas upstream, both domestically and abroad. "If we can reach 385,000 barrels per day in 2015 and succumbing Chevron, sales (sales) we can also be increased from the now Rp 450 trillion to Rp 750 trillion could," explained Irnanda with spirit. In addition, the net profit increased 300% Pertamina could, from the current Rp 16.7 trillion to Rp 54 trillion. "So we also asked for assistance to the Commission VI. We have many old wells that are still potential, and it takes EOR (Enhance Oil Recovery). We want to be facilitated also associated permits the management of oil wells," he said. Irnanda explained, that if Pertamina was forced to rapidly increase its oil production, while permits for existing wells management of very long process, it will be difficult to increase production. "Now our national production is 900 thousand barrels per day. We used to be 1.1 million barrels per day, it happens because we are past the bureaucracy and if there is a need then do the shortcut," said Irnanda. He said, it tries to coordinate with BP Migas (Upstream Executing Body Oil and Gas Activities), as well as the relevant parties. "Before we can do the drilling, but now when entering the protected forest, and there are new pertauran us so should not be ngebor. It happens time managing geothermal. Once we can ngebor, but suddenly banned," he complained According to him, such rules were not optimal, and Pertamina and KBUMN trying to seek to overcome such problems in cross-ministry and work units that exist. "We're trying to do a breakthrough, but not as fast as desired.'s Why we need the support, if not oil production may fall. We want difasiliasi with BP Migas or authorities relating to licensing issues. For that, we want to make the MoU to be executed together . So the government's target to achieve oil production targets can be achieved in coming years, "he said. (NRS / hen)
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