Indonesia: Pertamina to Build Three Oil Refinery Projects in 2017

Indonesia: Pertamina to Build Three Oil Refinery Projects in 2017

State-owned oil and gas firm PT Pertamina hopes it will see the
groundbreaking of the development of three oil refinery plants in 2017,
notably RDMP RU V Balikpapan, NGRR Tuban and RDMP RU IV Cilacap.

"We hope that the groundbreaking of the refinery plant development in
Balikpapan would be done in the quarter I, the Tuban in quarter III and the
Cilacap in quarter IV. Hopefully, the activities of all these would be seen
in 2017," Pertamina President Director Dwi Soetjipto told a press conference
in Jakarta on Monday, January 30.

He said the Refinery Development Master Plan (RDMP) of refinery Balikpapan
is now in the process of site preparation and pier development. Pertamina
hopes that the construction of the two (RDMP and pier) could be finished in
one year so that machinery and heavy equipment of the project could be
transported through the pier.

In the meantime, its basic engineering design (BED) will be completed by the
end of January 2017 and front-end engineering design (FEED) by the end of
July 2017, so that the Balikpapan RDMP will be under construction between
2017 and 2019.

On the same occasion, Management and Petrochemical Megaproject Director,
Rachmad Hardadi, stated that the groundbreaking of RDMP Balikpapan will be
done by the end of February 2017.

"The president will inaugurate the groundbreaking by the end of February,
particularly after its environmental impact analysis (Amdal) is completed on
February 18, 2017," he added.

The other projects that will have a groundbreaking ceremony this year are
the RDMP RU IV Cilacap and New Grass Root Refinery (NGRR) Tuban. The two are
expected to be on stream by the end of 2021.

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Link to Original Article:
https://en.tempo.co/read/news/2017/01/31/056841390/Pertamina-to-Build-Three-
Oil-Refinery-Projects-in-2017

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com