Holding BUMN Migas Creates Energy Sustainability

INDUSTRY.co.id - Jakarta - The existence of Holding of SOEs of Oil and Gas, Pertamina as the parent and PGN and Pertagas under Pertamina, is believed to boost the economy and national energy security.

"It happens through the management of connected gas infrastructure from western Indonesia (Arun) to Eastern Indonesia (Papua)," said Reforminer Institute Executive Director, Komadi Notonegoro, in Jakarta, Wednesday (4/7/2018)

According to Komaidi, Holding BUMN Oil and Gas will generate a number of benefits. These include strengthening the oil and gas infrastructure in Indonesia, creating efficiencies in the natural gas business chain to create more affordable gas prices to consumers, as well as increasing the capacity and volume of national natural gas management.

It also improves the financial performance of SOE Holding Oil and Gas and saves investment costs with no duplication of development, the director of the energy assessment institute said.

"The main objective of Holding BUMN Oil and Gas is to build a world class gas business that encourages national energy security through 4A (availability, accessibility, affordability and acceptability) of gas in Indonesia If sovereignty and energy security are created, will certainly bring benefits to society and state, "said Komaidi.

Komaidi added that in holding, the role of PGN and Pertagas is very important. Therefore, both PGN and Pertagas will manage the gas business in an integrated manner as Sub Holding Gas under the coordination of Petamina as the holding holding of BUMN Oil and Gas.

"The two competing companies, from now on will be shoulder to shoulder in expanding and investing, in order to pursue even bigger targets in the downstream sector of the natural gas business."

Related to that, Komaidi hopes the integration process between PGN and Pertagas also according to existing roadmap. All employees of PGN and Pertagas are expected to work hand in hand to carry out the same vision and mission for the company's progress and employees' welfare.

"Moreover, on several occasions, both the Ministry of SOEs and the directors of Pertamina and PGN have ensured that there will be no layoffs in this integration process and that all employees will get the same rights," Komaidi said.

Holding BUMN Oil and gas officially established since April 11, 2018 ago. In completing the process of establishing the State-Owned Oil and Gas Enterprise (BUMN) in the future, Komaidi continued, a clear roadmap was developed with important milestones in the short and medium term in integrating Sub Holding Gas. "And to this day, several milestones have been achieved," he said. (Ant)