About Pertamina

As a state-owned company To carry out integrated business core in oil,

gas, renewable and new energy based on strong commercial principles
both inside and outside the country, Pertamina strives to provide the best
and a real contribution to the welfare of the nation in utilizing every
potential of Indonesia.

Improvements and innovations in all operations, as demanded by global conditions,

are some of Pertaminas commitments in fulfilling its strategic role in the national
economy. The currently proclaimed Renewable Spirit is one proof of Pertaminas
commitment in creating alternatives in providing more efficient energy sources
which are sustainable and environmentally sound. Given initiatives in harnessing
resources and potentials for new and renewable energy sources in addition to its
main business, Pertamina has moved forward steadily to actualize its Vision of
Becoming a World Class National Energy Company.

To support its vision, Pertamina has established a longterm corporate strategy,

Aggressive Upstream, Profitable Downstream, in which the Company seeks to
expand its upstream business while making the downstream business more efficient
and profitable.

Pertamina relies on a solid foundation in actualizing its vision and mission through
implementing Corporate Governance in accordance with global standards of best
practice, as well as upholding the corporate governance values of Clean,
Competitive, Confident, Customer-focused, Commercial, and Capable. Along with
this, Pertamina manifests its commitment to stakeholder concerns through well-
structured social programs and environmental practices.

Since establishment on December 10th, 1957, Pertamina has participated in the oil
and gas business, upstream to downstream. Pertaminas upstream business is
conducted in several regions in Indonesia and abroad include activities in the fields
of exploration, production, and oil and gas distribution. To support the exploration
and production activities, Pertamina also pursues technology and drilling service
businesses, as well as other activities that develop geothermal energy and Coal Bed
Methane (CBM). In exploiting oil and gas both within and outside the country,
Pertamina operates either independently or through various partner cooperation
arrangements, namely through Cooperation Operations (KSO), a Joint Operation
Body (JOB), a Technical Assistance Contract (TAC), Indonesia Participating/Pertamina
Participating Interest (IP/PPI), and a Joint Operations Board (BOB).

Pertamina Geothermal exploration and production activities are conducted entirely

within the country and are intended to support government programs providing a
second stage 10,000 Mega Watt (MW) of electricity. In addition, Pertamina is also
developing CBM, a coal with methane gas (GMB) product, in order to support energy
diversification, increasing the governments national gas supply.

Currently managed methane gas reserves of Indonesia by Pertamina number 6

Production Sharing Contracts (PSC)-CBM.
Pertaminas downstream sector includes processing of crude oil, marketing and
trade of oil products, gas and petrochemicals, and shipping related to distributing
Company product. Processing activities consist of: RU II (Dumai), RU III (Plaju), RU IV
(Cilacap), RU V (Balikpapan), RU VI (Balongan) and RU VII (Sorong).

Furthermore, Pertamina also operates the Arun LNG Plant Unit (Aceh) and Bontang
LNG Plant Unit (East Kalimantan). Products include fuel oil (BBM) as premium,
kerosene, diesel fuel, diesel oil and fuel oil, and non-fuels such as lubricants,
asphalt, Liquefied Petroleum Gas (LPG), and Musicool as well as Liquefied Natural
Gas (LNG), paraxylene, propylene, Polytam, PTA and other products.