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Pertamina reveals cooperation with UAE companies in the presence of Jokowi-MBZ

JakartaPertamina collaborates with several companies in the United Arab Emirates (UAE) for developmentkand energy potential and refinery production in Indonesia. This engagement was announced in the presence of President Joko Widodo and the President of the UAE, Mohammed bin Zayed Al Nahyan.

The previously signed cooperation commitment has been renewed from during peak activity of Business 20 (B20) in Nusa Dua, Bali on Monday (14/11). This meeting was attended by, in addition to Jokowi and the President of the United Arab Emirates Coordinating Minister of Maritime Affairs and Investments Luhut Binsar Pandjaitan, Minister of Foreign Affairs Retno LP Marsudi, Minister of Environment and Forestry Siti Nurbaya Bakar, Minister of Public Works and Housing Basuki Hadimuljono, Minister of Industry Airlangga Hartarto, Serta CEO Masdar Mohammed Jameel Al Ramahi.

Chief Conductor of Pertamina Nicke Widyawati find out there two UAE companies partnering with Pertamina. One of them Masdar, the world’s leading renewable energy company and the Abu Dhabi National Oil Company (ADNOC). As for psigned a commitment to work together this it was done some time ago in UAE.

Collaboration between Pertamina through Pertamina Power and New Renewable Energy (PNRE) with Masdar covers development of a Solar Power Plant (PLTS) in the Rokan Block with a 2-year cooperation agreement. This collaboration inStart On November 12, 2022 to next 2024.

PNRE and Masdar will work together to provide a complete solution reliable and competitive in the development of PLTS Rokan Phase 2 And Phase 3 at WK Rokan.

“This strategic partnership between Pertamina NRE and Masdar will potentially accelerate the energy transition,” Nicke said in a written statement, Wednesday (16/11/2022).

For your information, PLTS Rokan Phase 2 it is being studied with a potential capacity of up to 50 MWp And estimated total value of the investment US$ 47 million. Meanwhile, PLTS Rokan Phase 3 has a potential capacity of up to 150 MWp to have estimated total value of the investment US$ 140 million. Tdoes not excludewantada other PLTS development opportunities within Pertamina in this collaboration.

A part from that, Pertamina Power Indonesia (PPI) will be formed as a PNRE operator joint venture with the Master. This cooperation has The ownership composition of PPI is 55% and that of Masdar is 45%.

As for supplier question (detractor) of Solar PV is PT Pertamina Hulu Roka (PHR) with the advantage of saving costs, reducing CO2 footprint up to 184,000 tons per year, and reduction of gas consumption up to 2816 MMSCF per year.

In addition, PPI and Masdar also exchange documents related to Memorandum of Understanding (MoU) Development of energy projects Tupdated in Indonesia. These projects include developing new renewable energy (EBT) projects and sharing information for project feasibility assessment and analysis.

Not only with Masdar, Pertamina is also collaborating with ADNOC regarding the cooperation potential in polyolefin production in Indonesia. The duration of the contract is 1 year (November 12, 20222023).

As for potential work area The cooperation between Pertamina and ADNOC covers exploration opportunity to participate in cracker projects And a new derivative from PT Kilang Pertamina International’s (KPI) Polyolefin project in Indonesia. ADNOC is interested on pthe use of ADNOC technology for polyolefins, the potential for commercialization of polyolefin products by ADNOC, as well as procurement raw material such as naphtha, LPG and propane.

(adv/adv)

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