Re-shaping Sustainable Energy for the

Nation

Pertaminas effort to re-shape energy portfolio of the nation

Jakarta, 18 August 2013

PT Pertamina (Persero)
Jln. Medan Merdeka Timur No.1A Jakarta 10110
Kongres Diaspora Indonesia II Telp (62-21) 381 5111 Fax (62-21) 384 6865
http://www.pertamina.com
Table of Content

Indonesia Growing Economics

Pertamina Aspirations

Pertamina Green Energy Development

1
 Answering International Optimism to
Indonesias Economic
IMF has projected that Indonesia economic growth will be among 18 largest economic
growth countries in 2009-2015
Indonesia 12.8%

Russia 12.5%

China 12.3%

India 11.8%

Brazil 10.0%

Turkey 9.0%

South Korea 8.7%

Japan 4.3%

USA 4.2%

ASEAN (excl. Indonesia) 8.8%

Sumber : International Monetary Fund, World Economic Outlook Database, October 2010
Slide - 2
As National Energy Company, Pertamina is facing huge challenge to
ensure Indonesia Energy Sustainability

Declining Domestic Oil Production

(kbpd)
1,500 1,456
1,400
1,300
1,200
1,087
1,100
1,000 969

900
800 778
700
600
500
400 389
300
200
100
0
2000 2005 2010 2015 2020
 2010
Energy Security will be very crucial as the high demand
Growth 2010-2025

Primer Energy of Indonesia Needs 2025 Growth/ye Surplus/Defisit

Million ton oil equivalent, per year ar Million ton oil equivalent

-18
(~0.4 Mmbpd)
Oil 63 5%
65 63 128 -86
(~1.7 Mmbpd)

113
Coal 75 9%
29 75 104
109
(~210 Mt)

42
(~50 bcm)
Natural gas 33 38
38 71 5%
28
(~30 bcm)

Pertamina has to be a leader to secure national

Others.1 55 24
24 79 2%
energy security while to keep the business process
are aligned with Good Corporate Governance
principal

1 Solar, wind, hydro, geothermal, nuclear, fire wood, manure, biomass (rice residu, sugar, rubber, palm oil, agribusiness cogeneration)
Mton= Million tons ; Bcm= Billion Cubic Meter); Mmbpd= Million barrel of oil per day
SUMBER: IEA, FACTS, Industry sources, ASEAN
Meanwhile, International community urge to give best solution
for climate change issues
Temperature anomaly
Recent past
Late 20th century warmer than
any period during past 1,000
years
Rate of change over the last
50 years gone up nearly
twice that of last 100 years

Future
Temperatures rising even
faster for the next 2 decades
In the business as usual
scenario, temperatures will
increase by ~3C by 2035

Pre-industrial Industri-
alization

SUMBER : IPCC, 2007; Stern Review;

5
Target Energi Primer Mix Pemerintah

Peraturan Presiden No. 5 Tahun 2006

Terwujudnya energi (primer) mix yang optimal pada tahun 2025, yaitu peranan
masing-masing jenis energi terhadap konsumsi energi nasional :

Target 2025 = 3200 MMBOE

Minyak, 20% Biofuel, 5%

Gas, 30% Geothermal, 5%

EBT,17%
Biomass, Nuclear,
Hydro, Solar Energy,
Wind Power, 5%
Batu Bara , 33%
Batu Bara Cair 2%

6
Table of Content

Indonesia Growing Economic

Pertamina Aspirations

Pertamina Green Energy Development

7
Pertamina 2025 Asian Energy Championship aspiration to shape the energy
future of this country
Energizing asia
Fortune 100 position (Revenue ~$200b USD, EBITDA ~$40b USD)

Leadership in existing core Growth in new businesses Increase efficiency in PSO

E&P
Leading Asian NOC: 2.2
mmboepd production with
domestic leadership (50%)
and intl foot-print (~30% of
own prodn.)
Midstream gas
Integrated gas champion with
trans-Sumatera and trans-
Jawa gas infra-structure
Refining
Economically competitive
refining capacity; Top quartile
operating performance
Industrial fuels & lubes
Maintain position of strength
with over 50% market share,
while sustaining profitability
Trading
Optimize supply chain and
improve profitability
PetChem Oil products
Largest petchem player in Maintain position of strength
Indonesia with 35% market with 60% market share; new
share, high margins through service model through New
integration pasti pas and NFR
Coal
Maximizing coal based
energy (e.g. CBM, UCG)
Biofuels
Serving mandate of 20% LPG
Optimize supply chain and
blend; upstream presence to
reduce losses and supply risk infrastructure
Geothermal
Increase Geothermal sites
and output to capitalize on
Indonesias resources
Power Shipping
One of the largest Indonesian Support own supply chain and
IPP player with ~ 3-5 GW also build third party service
capacity model

Project & Technology Center: Technology leader on CBM, Geothermal, EOR and
deepwater; Strong project executor with delivery on time and within budget
Organization & Capability: Accountability and delivery; Employer of choice to attract and retain best talent

8
Oil & Gas Production Increasing & Improvement in our business aspects ~ 2012

UPSTREAM DOWNSTREAM
Subsidized Fuel Gas Domestic
Oil and Gas Production Geothermal Installed Capacity
MBOEPD, In MW In Million KL In Million KL 5,1
402 +3% +28%
+12% 4,4
45
7.19% 42 1,2
39 38 3,8
37 1,2
443 458 462
414 272 272 272
252 2,9 1,1
350
1,9 1,1
3,9
3,3
1,3 2,7
1,8
0,6

2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012

DIVIDEND ( IN TRILLION RUPIAH)

8,0

3,0
2,3
2,0 1,7 1,9
1,1 0,8 0,9
0,7
 Upstream integrated transformation program (ITP)
to achieve aspiration 2025

2025:
2,2 million bopd

Strengthen and grow core E&P

Build new growth frontiers
(organic and M&A)
A B C D E F
Exploration Development Production Geothermal CBM PDSI

Disvocer two Brigade Brigade 100k Accelerate Expand

big fields ; current CBM capabilities
200k ; development
Accelerate of and partner
Accelerate
key projects
current
(e.g. Cepu)
projects,

SOURCE: Team analysis

Upstream Global Expansion

PERTAMINA will continue expanding its global portfolios

Central
Asia
Asia
Middle
Pacific
East

Africa South
America

11
 Hilir Ekspansi Pemasaran ke Luar Negeri
Pelumas Pertamina, Aviasi (Avtur), Bunker

Pelumas Aviation Fuel (AVTUR)

Korea
Wilayah penjualan di lebih dari 18 negara Selatan

Jeddah Hongkong
(JED)
(HKG)
Madina

Penang
Bombay Bangkok
(BKK)

Kuala Lumpur Manila

(KUL)
Singapore
(SIN)

Menggunakan konsep Conco Delco, Aviasi Pertamina berada di 10

bandara internasional

Bunker Bunker charging beroperasi

menggunakan pihak ketiga dengan
menggunakan konsep Conco Delco:
1. Singapura
2. Fujairah
3. Jepang
4. China
5. Jepang

12
Table of Content

Indonesia Growing Economic

Pertamina Aspirations

Pertamina Green Energy Development

13
 Gas will be transtitional energy resources (as long as renewable energy has not
been optimized yet) ~ 50 years

THAILAN LAOS Manila

D LNG Receiving Terminal
Bangko
kBan CAMBO
DIA
Philipines Existing Pipeline
Mabtapu
d Phno VIETNA South Planned Pipeline
m M
Ho Chi
Penh China LNG Plant,
Minh
Khan Eraw City existing and planned
Arun LNG on an Sea
Plant (12 Songk Bangk
hla ot
MMTpa) and La
Jerne
Regasification wit
Plant (3 h
Gunt Kota Massive gas infrastructure
Banda Pena Kinibal
Natu Alp
ong BRUN
MMTpa)
Aceh
Lhokseum ng West
na ha Bandara
EI u Bontang
development will be very
WESTKert Duyo
awe Mog
ng Natuna Tangguh
MALA
YSIA
eh
Kuala
pu Seri LNG Plant
LNG Plant
crucial :
Bin
Begawan
Med
Port
Klang
Port Lumpu EASTtul
22 MMTpa
7 MMTpa Pipeline
an
Dickson r A u Pacific
Du
SINGAPO Kuc
MALAYSI
Manad
o Ternat Ocean
Bigscale LNG plant
mai HALMAHER
Bata Bint hin
Duri
m
RE
an g e A FSRU
Attaka
KALIMANTA Samarind Tu
Padan a Balikpap Bekapa
nu Sorong
N
g Jam an i
bi SULAWE Jayap
Gris ura
Palemb Banjarma SI
sik ang sin IRIAN
BURU SERAM
JAYA
Ujung
West Java
Ardjuna Panda
FSRU 3 ng
Fields Maluku Selatan
MMTpa Jakarta CireboSemara MADUR
IPagerunga
N D O N E S I
n ng ABangkal
J A V ASuraba an nSUMBAW
ya AA FLORE
S
Mera
uke
BALI
Central Java Indian LOMBOK TIMOR
FSRU SUMB
3 MMTpa Ocean A AUSTRALIA

Donggi Masela
Senoro LNG Plant
LNG Plant 3 MMTpa
Trans Java Gas 2 MMTpa
Pipeline Project
Pertamina roadmap in green energy development

RE Project 2011 2012 2013 2014 2015 2016

Geothermal
292 MW 402 412 547 817 1082

Bio Ethanol

Waste To Energy
120 MW

Green Diesel
10,000 bbl/day

Bioavtur
5000 bbl/day

Wind
10 MW

Algae

Legend: Project Plan Commercial Milestone

15
 Environmental Friendly Technology has been applied for the sake of Sustainability
of energy development

emisi Nox dan CO rendah

Enclosed
Flare System
Reduksi emisi CO2 tipe HTF Efisiensi konsumsi air
Co2 Recycles
Removal water
Unit Cooling

HSD
Reduksi emisi CO2 substitutiion
Zero Flaring for gas as Reduksi emisi 5000
generatos
fuel ton Co2e/thn

Green
Bottom Business Water
Loading in
optimation
tank truck Efisiensi refinery fuel
preheating
filling
Reduksi emisi hidrokarbon

TEL
substitution
to become Flare Gas
MTBE Recovery
Utilisasi gas buang
Reduksi kadar polutan
Boiler &
Floating Roof
Furnace
Tank
optimation Efisiensi refinery fuel
Reduksi emisi VOC 60 80%

www.pertamina.com
 Initiatives to meet diversification energy (1/2)
Coal Bed Methane CBM Development
Target 2015
Location : Lubai Sub-distric, Muara Enim,
South Sumatera
Capacity : 250,000 cubic feet per day
First coal wells ME-III-CBM-001 of eight wells planned in Muara Enim

Waste To Energy

Target 2015
Location : Final Disposal
Facility, TPST Bantargebang, West Java
Process 2,000 tonnes per day waste to produce 120 MW electricity
through environmentally friendly technology.

17
 Other Initiatives...(2/2)
CNG Infrastructure
Conversion Pertaminas Operational Car
2013
December 2012, Pilot Project for Fuel
August 2013 Conversion from diesel to CNG Fuel :
2 Operational Car Hyundai
December
2012 2 Fuel tank truck

SPBG
CNG Pertamina Mobile Refueling Terminal
1 Mother
SPBG station Pertamina will provide
Cililitan 4 MRU
Mobile Refueling Unit as
Crash Pulogadung SPBG in
Revitalization of Jabodetabek distribution way, to reach remote
Program
2 SPBG (Mampang location of SPBG
SPBG Daan
Mogot & Bendagading)

LNG for Vehicles

August 2012
Location : Pilot project at
PT Badak NGL,
Bontang East Kalimantan
Fuel conversion from diesel to dual fuel

Target 2014
Location : Indominco Mining in East
Kalimantan
Fuel conversion from diesel to LNG
Fuel for Heavy duty vehicles

18
Laba Bersih Dan Kontribusi Terhadap Penerimaan Negara
Tahun 2009 - 2012

80.00
(dalam Trilyun Rupiah )
70.00 66.67
63.02
63.03
60.00 8.30
52.90 7.26
49.75
50.00
7.12
7.10
40.00

30.00 25.33 58.37

25.89
20.47 55.77
20.00 16.20 42.65 16.78 45.78 Laba Bersih

10.00 Deviden
Kontribusi pada
0.00 Penerimaan Negara
2009 2010 2011 2012
2009 2010 2011 2012

*) Laba bersih 2012 sebesar USD 2,76 miliar , kurs rata-rata 1 USD = IDR 9,380

19
Conclusion

Utmost effort from Pertamina and Stakeholders to realize a sustainable

energy supply by 2030 is essential, by
Support in establishing a strong domestic base in Upstream; facilitate
E&P through mutual beneficial partnerships
Support for New and Renewable Energy

Investing for growth: Agreeing on dividend policy in line with the growth

Through Leadership in existing core business (petroleum), growth in new

business (energy diversifications), and developing green energy in
operations, Pertamina is ready to play a significant role for the sustainability
energy of the country as well as the region.

21
 T hank You

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