Formation of Holding of Oil and Gas State-Owned Enterprises Do Not Needed to Be Preceded by PGN Acquisition By Pertagas
By : Hariyanto And Aldo Bella Putra | Saturday, January 20 2018 - 20:00 IWST
![PT Pertamina Gas (Pertagas)](https://eagle.industry.co.id/uploads/berita/detail/1308.jpg)
PT Pertamina Gas (Pertagas)
INDUSTRY.co.id - Jakarta - Member of Parliament Bowo Sidik Pangarso said the formation of the holding company of oil and Gas Company does not need to be preceded by the acquisition of PT Perusahaan Gas Negara (PGN) to PT Pertamina Gas (Pertagas) because Pertagas will automatically merge with PGN.
"At the time of holding, Pertagas will automatically be under PGN. He becomes the same business entity, so there will be no more dualism," said Vice Chairman of Commission VI of the House of Representatives in charge of the BUMN issue in his written statement in Jakarta, Friday (19/1/2018).
According to Bowo, Oil and Gas Holding must be established first, whereby Pertamina becomes the parent company. Only then will there be consolidation, to clarify which is part of the oil and gas business.
Bowo said healthy financial condition and performance of Pertagas should also be a consideration of the acquisition plan. For that reason, while waiting for the completion of the holding process, all that can be done is to allow PGN and Pertagas to concentrate on its business.
In order not to occur in the field, the Ministry of SOEs can coordinate and bring together the president of each company on a single table.
Meanwhile, Chairman of the Association of Indonesian Gas Users (Apigas) Sumut Johan Brien said, North Sumatra province is an example of a region that became "victims" policy high gas prices. Until now the price of gas in the region is the highest in Indonesia, even the world, he said.
"Therefore, we strongly disagree with the acquisition of PGN against Pertagas, the acquisition of Pertagas will make us worse off," said Johan.
Even so Apigas agreed related to Oil and Gas Holding plan. However, Holding Migas should be able to guarantee the availability of gas supply and utilization of more efficient infrastructure so that gas prices can be cheaper in North Sumatra.
Read Also
The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant…
Pertamina Hulu Rokan expounds on wetland innovations at COP28
Pertamina reaffirms its commitment to net zero emissions by 2060
President Jokowi Inaugurates Tangguh Train 3 Project in Teluk Bintuni…
MMA Offshore Automates Onboarding With Boomi
Today's Industry
![Flag of the United Nations Organization.](https://eagle.industry.co.id/uploads/berita/small/5783.jpg)
Kamis, 15 Agustus 2024 - 14:26 WIB
Modena Officially Becomes a Member of the UN Global Compact
Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
News Comment