Local Government Bojonegoro Obtains DBH Oil and Gas Rp 940 Billion

By : Hariyanto And Aldo Bella Putra | Tuesday, July 10 2018 - 03:30 IWST

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Ilustrasi Migas

INDUSTRY.co.id - Bojonegoro - Bojonegoro Regency Government, East Java, will get profit sharing fund (DBH) of oil and gas Rp940 billion from the target set at Rp986 billion, but the acquisition of new oil and gas III Quarter III will be received early September.

"The acquisition of DBH oil and gas in the third quarter will be received in early September after an audit from BPK related to oil and gas DBH," said Head of Regional Bojonegoro Revenue Agency Herry Sudjarwo, in Bojonegoro, Monday (9/7/2018)

Currently, according to him, the area has received DBH oil and gas quarter I and II that have been entered into the regional treasury of the Central Government of about Rp540 billion.

"The second quarter, III and III oil and gas DBH is safe," he told the media crew.

He explained in accordance Perpres 107 of 2017 on the Details of APBN 2018 that the prognosis DBH oil Bojonegoro Rp1, 346 trillion.

If the prognosis can be realized 70 percent according to FMD Number: 112 / PMK.07 / 2017, then the acquisition of Rp942, 3 billion.

The regency government through a letter to the Minister of Finance requested the distribution of the fourth quarter of Q4 / 3 in 2017 can be realized in 2018 through the mechanism of the Revised State Budget 2018.

"The remaining quarter of 2017 is Rp806.5 billion, and the over-settlement and underpayment of DBH issuance until 2016," he said.

He also mentioned that according to the Regulation of the Directorate General of Fiscal Balance Number: 5 / PK / 2017, there are more paid for oil and gas DBH in 2016 of Rp263.9 billion.

If calculated with the calculation of less and more previous pay the total deficit of DBH oil Bojonegoro Bojonegoro Rp699 billion.

According to him, the increase in world oil prices from the assumption in the 2018 state budget of 48 US dollars per barrel to 68 US dollars will increase the acquisition of oil and gas region's oil and gas DBH.

Based on the rough calculations made, according to him, the acquisition of oil and gas DBH in the region by referring to the realization of "lifting" as well as the increase in world oil prices could reach Rp 2 trillion from the prognosis of oil and gas DBH 2018 of Rp1, 3 trillion.

He is optimistic oil lifting of 77 million barrels in 2018 can easily be realized, because in the first quarter has been realized about 19 million barrels.

Bojonegoro oil production is obtained from the Cepu Block Banyuurip oil field, with ExxonMobil Cepu Limited (EMCL) operators, Sukowati field by Pertamina Petrochina East Java (PPEJ) and a number of other oil fields.

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