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Company Profile
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Company Profile
PERTAMINA is a State Owned oil & gas company (National Oil Company), established on December 10, 1957 under the name PT PERMINA. In 1961 the company changed its name to PN PERMINA and after the merger with PN PERTAMIN in 1968 it became PN PERTAMINA. With the enactment of Law 8 of 1971 the company became PERTAMINA. This name persisted until after PERTAMINA changed its legal status to PT PERTAMINA (PERSERO) on October 9, 2003.
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Opportunities within Pertamina are extremely wide because we operate such a diverse set of businesses: Exploration & Production, Refining, Distribution to Marketing of products, and geothermal.
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PERTAMINA in conducting business activities in the field of energy and petrochemicals, was divided into two sectors, namely upstream and downstream, and supported by the activities of Children's Subsidiaries and Joint Ventures
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The business activities of the Pertamina Upstream Directorate cover exploration, production, and transmission of oil and gas. Other activities are Coal Bed Methane (CBM) and geothermal operations.
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Increasing Reliability of Supply, Pertamina Operates Fuel Transit Terminal Baubau
10 Februari 2012
14:31 WIB
BAU BAU, February 10, 2012 - PT Pertamina (Persero) officially commenced the operation of Feul Terminal Transit Baubau, Southeast Sulawesi with a capacity of 100 000 kiloliters (KL).The US$ 40 million investment is believed to increase the reliability of supply and reduce the cost of fuel distribution in the Sulawesi region.
Inauguration of the most advanced fuel transit terminal in Eastern Indonesia was conducted by the President Director of PT Pertamina (Persero) Karen Agustiawan on February 10, 2012. Also present at the inauguration Pertamina's board of directors, the Governor of South Sulawesi and Southeast Sulawesi Province Muspida ranks, along with the Mayor of Bau Bau along with Muspida Baubau City Government, as well as the entire head of local government in the region of Southeast Sulawesi Province.
The development of Fuel Transit Terminal Bau Bau is intended to reduce costs at the port of Makassar demurrage caused by the installation load that already exceeds the Makassar capacity. The Transit Terminal will serve as back loading activities to the Palopo Depot, Kolaka, Raha, and Kendari Depot that previously served by the Makassar installation, as well as Kolonade Depot, Luwuk and Banggai Depot that previously served by Bitung Depot. "By converting the Baubau Depot to become Terminal Transit it is expected improving the reliability of supply, and reduce the cost of fuel distribution to the region, especially South Sulawesi and Southeast Sulawesi. The efficiency of tanker loading costs to the East of sulawesi will have saved the distance of tanker supply up to 517 miles if the Kolaka, Palopo, Raha, Kendari, Kolondale and Luwuk Depot are supplied by the Bau Bau Transit Terminal rather than by the Bitung Depot or the Makassar Installation,” said Karen. “The existence of Baubau Transit Terminal is also expected to serve as back-up for Makassar installation and Bitung Depot, as well as others Depot in East Nusa Tenggara region in case of critical conditions (emergency)."
Transit Terminal Fuel Baubau has tank capacity up to 100,000 kiloliters of fuel oil (KL) comprise of Solar and Premium type of gasoline and called for US$40million worth of investment.The Transit Terminal is equipped with a fuel dock 35 000 DWT (dead weight tons) and 6,500 DWT for loading, unloading and bunkering.
The project commenced in December 10, 2008 and completed in June 2011 with a 1-year maintenance period and will expire on May 30, 2012. Acting as contractor activities Engineering, Procurement, and Construction is PT Krakatau Engineering.
Transit Terminal Operation Baubau was accordance with the determination of the company's to make contribution maintaining the national energy security through the strengthening of fuel supply and distribution infrastructure. Fuel Terminal Transit Baubau is Pertamina ninth operating terminal, in addition to Teluk Kabung The Main Transit Terminal (TTU), Wayame TTU, Sorong TT, Bitung TT, Makasar TT, Kupang TT, Kota Baru TT and Pulau Sambu TT.
In fact, for Pulau Sambu TT Pertamina soon will developed into Hyper Terminal with a capacity of 300,000 KL of fuel, as an action following the agreement of the maximizing the use of gasoline terminal in Pulau Sambu between Pertamina and Pertamina Energy Services Pte Ltd on 22 December 2011. This US$50 million worth project will be equipped with a maximum size 100.000 DWT of ship and was targeted to complete in 2013.
Meanwhile, the strengthening of fuel transportation to improve fuel efficiency is realized with the shipment of 47 units Pertamina's own fleet tankers from 2007 to 2015. Till now Pertamina has received 21 unit a new tanker fleet and this year will receive 12 more units.
Pertamina currently operating 173 tankers which consists of 153 oil tanker and 20 gas carrier vessel. Of the total number of vessels, 42 of which are own fleet tankers and 131 other vessels were chartered ship.
