Emcl Agreement
Syamsu Alam, director of upstream affairs at PT Pertamina (Persero), said that the JTB gas field project was a strategic project of the government ™, and despite the obstacles encountered in its implementation, the project has made good progress thanks to the implementation of the comparison agreement, thus paving the way for the work of the CPEs. In response to this development, Syamsu Alam has sought the support of EMCL, BUMDs and stakeholders, both regionally and nationally, for the development of the JTB project. “We still have a long way to go. PEPC will work with gas management, PEP and other related parties, as JTB is currently the largest project within upstream management,” he added. It is therefore essential for pepc, as a subsidiary carrying out this project, to take into account health, safety, safety and environmental (HSSE) factors, since a large staff is involved in its operation and, therefore, safety at work is a priority. Managing JTB`s projects also requires special attention to monitor timing and costs, the ability to reduce significant gaps. After the signing of the documents, the event ended with a joint prayer, a photo opportunity and a social mix. Jakarta “The signing of a series of additional documents was signed on Friday (3/11) at the headquarters of PT Pertamina (Persero). in particular the Association Agreement (AU) – Unit Operating Agreement (UOA), the Joint Operating Agreement (JOA) and the termination of the Cepu Gas Marketing Agreement (CGMA), as well as the signing of a transaction agreement (SA) by and between PT Pertamina EP Cepu (PEPC), PT ExxonMobil Cepu Limited (EMCL) and Ampolex.
Those involved in such a signing were PEPC President Adriansyah, EMCL President Daniel L. Wieczynski, PT Pertamina EP President Nanang Abdul Mana™af, President of Mr Asri Dharma Sejahtera, Ganesha H. Askari, PT President Jatim Utama Cendana, Heru Pramono, PT President Blora Patragas Hulu, Imam Mukhyar, whose president of PT Sarana The signature was also carried out by The Director for Upstream Affairs of PT Pertamina (Persero), Syamsu Alam, and the director of gas affairs of PT Pertamina (Persero), The Jambaran-Tiung Biru field (JTB) is, as is already known, the combination of the Jambaran field, located inside the cepu work area (WK), with the Tiung Biru field, which is located in the Work area of Pertamina EP. Based on the letter from the Minister of Energy and Mineral Resources (MESDM) No. 9/13/MEM. M/2017 to the president of PT Pertamina (Persero) of 3 PT Pertamina (Persero), operator of the JTB field, responded on 13 January 2017 with the letter from the President of PT Pertamina (Persero) no 012/C00000/2017-SO of 13 January 2017. Pertamina continues to make efficiency efforts to achieve an acceptable price for the JTB gas market. In the revised 2015 pod, a number of steps were taken to successfully reduce the Capex in the revised 2015 pod worth $2,056 million to $1.547 million (excluding the acquisition value of the management transmission), to build a facility with a capacity of 330 MMSCFD producing 172 MMSCFD gas sales with a 16-year plateau. The JTB project is expected to create approximately 6,000 peak-hour jobs.