Ada Pertanyaan? Hubungi Kami 
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Ada Pertanyaan? Hubungi Kami Christina Desy
In accordance with a directive issued by President Joko Widodo’s, state-owned oil company Pertamina has officially stopped the operations of PT Pertamina Energy Trading Limited (Petral). Pertamina says that Petral, which is based in Singapore and Hong Kong, no longer has any significant role. Effective from April 2016, Pertamina will also dissolve Petral’s subsidiaries following certain audits.Dwi Soetjipto, Pertamina’s President Director, said that Petral’s activities of exporting and importing crude oil and other oil refinery products will be taken over by Pertamina’s Integrated Supply Chain (ISC). Pertamina will also take over Petral’s existing rights and obligations, including its assets.
Supporting Mr. Soetjipto’s statement, Sudirman Said, Minister of Energy and Mineral Resources (ESDM), stated that the liquidation is in accordance with a recommendation from the Oil and Gas Management Reform Team. The liquidation aims to realize a more efficient supply chain as well as clean up Pertamina.
According to Dadan Kusdiana, Head of Public Communications at ESDM, Petral was the object of many controversies and suspicions regarding its purported unhealthy practices for fuel and crude oil procurement. Since its establishment in Hong Kong during President Soeharto’s era, Petral has always been related to the oil and gas mafia.
“More than that, many of the mafia were able to take part in the legislation making process which resulted in the state being vulnerable in establishing policies for development,” said Mr. Kusdiana.
Mr. Said believes that Petral’s dissolution is should not be complicated if all relevant stakeholders are committed to realizing a clean oil and gas sector in Indonesia. In addition, the dissolution has already given a positive impact in that Pertamina is now able to save IDR 250 billion per day from oil import transactions.
Supporting Mr. Said’s views, Faisal Basri, Chairman of the Reform Team, welcomes the dissolution of Petral. According to Mr. Basri, Petral is the lion’s den for the oil and gas mafia and the government will now have improved ability to control the mafia by dissolving the company.
(hot/kc)
Christina Desy
In accordance with a directive issued by President Joko Widodo’s, state-owned oil company Pertamina has officially stopped the operations of PT Pertamina Energy Trading Limited (Petral). Pertamina says that Petral, which is based in Singapore and Hong Kong, no longer has any significant role. Effective from April 2016, Pertamina will also dissolve Petral’s subsidiaries following certain audits.Dwi Soetjipto, Pertamina’s President Director, said that Petral’s activities of exporting and importing crude oil and other oil refinery products will be taken over by Pertamina’s Integrated Supply Chain (ISC). Pertamina will also take over Petral’s existing rights and obligations, including its assets.
Supporting Mr. Soetjipto’s statement, Sudirman Said, Minister of Energy and Mineral Resources (ESDM), stated that the liquidation is in accordance with a recommendation from the Oil and Gas Management Reform Team. The liquidation aims to realize a more efficient supply chain as well as clean up Pertamina.
According to Dadan Kusdiana, Head of Public Communications at ESDM, Petral was the object of many controversies and suspicions regarding its purported unhealthy practices for fuel and crude oil procurement. Since its establishment in Hong Kong during President Soeharto’s era, Petral has always been related to the oil and gas mafia.
“More than that, many of the mafia were able to take part in the legislation making process which resulted in the state being vulnerable in establishing policies for development,” said Mr. Kusdiana.
Mr. Said believes that Petral’s dissolution is should not be complicated if all relevant stakeholders are committed to realizing a clean oil and gas sector in Indonesia. In addition, the dissolution has already given a positive impact in that Pertamina is now able to save IDR 250 billion per day from oil import transactions.
Supporting Mr. Said’s views, Faisal Basri, Chairman of the Reform Team, welcomes the dissolution of Petral. According to Mr. Basri, Petral is the lion’s den for the oil and gas mafia and the government will now have improved ability to control the mafia by dissolving the company.
(hot/kc)