Take Control Of The Mahakam Block, Pertamina Had To Pitch A Children's New Venture

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Jakarta -the contract management of the Mahakam Block in Borneo which is managed by Total E&P Onesie and Inpex will expire in 2017. If the Government provides 100% management of such blocks to PT Pertamina (persero), then Pertamina must create a new subsidiary.

As said the President Director of Pertamina Hulu Energi, Aprilian Salis, if management of the Mahakam Block 100% given to Pertamina Pertamina would then create a new subsidiary with a special block.

"If given a 100% given to Pertamina Mahakam Block management then Pertamina must create a new subsidiary," said Salis when encountered interrupted the event Luncheon Talks ' the certainty and the protection of the law of Contract (PSC) for the results ', at the Hotel Ritz Carlton SCBD, Jakarta, Monday (12/11/2012).

According to Salis it must be done because Pertamina EP can not manage it because certain areas of terganjal.

"If 100% managed Mahakam Block, Pertamina could not be submitted to the EP, since certain regions work EP so Mahakam Block cannot manage," he said.

Another choice is not handed over to Pertamina PHE or forming new subsidiaries. "But to us (PHE) in fact the management of PHE in each block there must have been others who have opted to manage such blocks, can not 100%, if 100% of that part of Pertamina EP," said Salis.

But asserted Salis, PHE was very ready and hope the management of such blocks fall to his side. "We hope his own PHE could manage Easter Mahakam Block the block contract expires in 2017, let alone this is best of the talk in the media that many such blocks will be given over a few percent per other contractors, so it's not 100% managed Pertamina," demolished Salis.

(an rrd/dru)



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