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Fuel prices lowered, again Indonesians will enjoy lower fuel, cooking gas and cement prices next week, yet prices of other goods and services may not immediately follow suit as business struggle with a weakening currency and high distribution costs.

Posted in Economy @ 17 January 2015 01:23 CET by Jeroen · permalink · 0 reactions


Government to announce another cut in fuel prices on Friday The government is set to announce another cut in the prices of subsidized premium gasoline, diesel oil, and liquefied petroleum gas (LPG) on Friday (Jan. 16). Energy and Mineral Resources Minister Sudirman Said stated here on Wednesday that the government had shortened the fuel pricing period to biweekly from monthly as originally planned.

Posted in Economy @ 14 January 2015 19:52 CET by Blog Bot · permalink · 0 reactions


Oil subsidy set at Rp81 trillion in revised 2015 budget The Indonesian government has set a fuel subsidy of only Rp81 trillion in the 2015 revised budget, down from Rp276 trillion set previously in the 2015 budget. "The value includes carryover debt from last year totaling Rp25 trillion to Pertamina," Finance Minister Bambang Soemantri Brodjonegoro stated here on Friday.

Posted in Economy @ 09 January 2015 20:45 CET by Blog Bot · permalink · 0 reactions


Pertamax consumption up by 137 percent after fuel price hikes Consumption of non-subsidized gasoline pertamax has increased by some 137 percent since the subsidized fuel price hikes. State-owned oil and gas company PT Pertamina recorded that consumption in the past week has increased to 5,200 kiloliters per day, the companys Vice President for Marketing and Distribution, Suhartoko, said here on Wednesday.

Posted in Economy @ 03 December 2014 20:09 CET by Blog Bot · permalink · 0 reactions


Pertamina steps up production target by 9 percent for 2015 The state oil and gas company Pertamina has forecast an increase of 9 percent in its oil and gas production target for the next year as compared to its projected target for 2014.

Posted in Economy @ 03 November 2014 16:02 CET by Blog Bot · permalink · 0 reactions


Diesel supply to Jakarta secured despite pipeline explosion State-owned oil company PT Pertamina announced that Jakartas diesel supply is still secure despite oil pipeline explosion in Subang area, West Java Province, on Thursday.

Posted in Accidents @ 28 August 2014 19:50 CET by Blog Bot · permalink · 0 reactions


IAEA officer supports Indonesian experimental nuclear power plant Alexander Bychkov, the Deputy Director General of Nuclear Energy for International Atomic Energy Agency (IAEA), stated his support for the Indonesian experimental nuclear power plant to be built in Serpong, Tangerang.

Posted in Power supply @ 21 August 2014 17:07 CET by Blog Bot · permalink · 0 reactions


Karen resigns as Pertamina president director Karen Agustiawan has tendered her resignation as president director of state oil and gas company Pertamina due to personal reasons, Pertamina spokesman Ali Mundakir reported.

Posted in General @ 18 August 2014 20:20 CET by Blog Bot · permalink · 0 reactions


Minister has yet to agree to gas price hike Chief economic minister, Chairul Tanjung, has not yet agreed to increase the price of the 12-kg gas cylinder although state-owned oil and gas firm Pertamina has plans to raise it.

Posted in Economy @ 13 August 2014 23:27 CET by Blog Bot · permalink · 0 reactions


Govt unlikely to raise quota of subsidized fuel The government is unlikely to raise the subsidized fuel quota of 46 million kiloliters in the revised 2014 state budget even if the quota will be exceeded, Finance Minister Chatib Basri said. "No matter what happens, we have no other choice but to maintain the quota at 46 million kiloliters," he said here on Friday.

Posted in Economy @ 18 July 2014 20:01 CET by Blog Bot · permalink · 0 reactions


Pertamina labor union threatens to stop gas supplies to PGN The Federation of Pertamina United Labor Unions (FSPPB) has threatened to stop gas supplies to state gas distributor PT Perusahaan Gas Negara (PGN) following a planned acquisition of PT Pertamina Gas (Pertagas) by PT PGN.

Posted in Oddly enough ... @ 13 May 2014 23:20 CET by Blog Bot · permalink · 0 reactions


Dumai residents panic following oil refinery fire The fires that devoured the oil refinery of the state energy company, PT Pertamina, in Dumai, Riau Province on Sunday at 22.00 p.m., triggered panic among residents and irate officers of the company.

Posted in Accidents @ 17 February 2014 15:50 CET by Blog Bot · permalink · 0 reactions


Fuel truck driver blamed for deadly crash with train A railway company official has blamed the truck driver for the deadly crash with a passenger train at a railway crossing in Bintaro in Jakartas southwestern outskirts on Monday.

Posted in Accidents @ 09 December 2013 22:23 CET by Blog Bot · permalink · 0 reactions


7 dead after commuter train crashes into fuel truck in Jakarta Seven people reportedly died following a crash involving a commuter train and a fuel truck near Bintaro Permai areas railway crossing in the Tangerang province, on Monday at 11:15 West Indonesia Time (WIB).

Posted in Accidents @ 09 December 2013 18:46 CET by Blog Bot · permalink · 0 reactions


Pertamina president answers anti-graft body summons President Director of the states oil and gas company PT Pertamina Karen Agustiawan responded to the anti-graft bodys summons as a witness in the oil and gas bribery case of 2012-2013.

Posted in Corruption @ 07 November 2013 19:33 CET by Blog Bot · permalink · 0 reactions


Army deployed  to avoid oil stealing in Palembang Indonesian Army Chief of Staff Moeldoko said Indonesian Military (TNI) has deployed personnel to avoid oil stealing that often takes place in Palembang, South Sumatra.

Posted in Crime @ 28 August 2013 17:24 CET by Blog Bot · permalink · 0 reactions


Three flights from Dumai cancelled due to haze Three flights from Dumai city are cancelled due to low visibility following haze that is still happening in the area, chief of Dumai airport`s authority, Catur Hargowo, said here on Monday.

Posted in Forest fires @ 01 July 2013 17:28 CET by Blog Bot · permalink · 0 reactions


Dumai airport cancels two flights due to haze Dumai city`s airport in Riau province cancels two flights here on Wednesday due to thick haze from the forest fire that hit the area, the airport management`s spokesman, Catur Hargowo, said.

Posted in Forest fires @ 19 June 2013 12:19 CET by Blog Bot · permalink · 0 reactions


Police foil attempt to hoard 5.2 tonnes of subsidized fuel Sukabumi police foiled an attempt to hoard 5.2 tons of subsidized fuel oil in Purabaya Subdistrict, Sukabumi District, following the government`s plan to increase fuel prices.

Posted in Crime @ 17 June 2013 19:20 CET by Blog Bot · permalink · 0 reactions


Pres. Yudhoyono to inaugurate hospital for workers in August President Susilo Bambang Yudhoyono is expected to inaugurate Hospital for Workers in August 2013, according to State Enterprises Minister Dahlan Iskan.

Posted in General @ 03 June 2013 18:28 CET by Blog Bot · permalink · 0 reactions


Thousands of workers to take to streets of Jakarta Around 10 thousands of workers, grouped in the Confederation of Indonesian Workers Union (KSPI), will take to the streets of Jakarta on Wednesday to demand improvement of their fate.

Posted in Protests @ 10 April 2013 10:45 CET by Blog Bot · permalink · 0 reactions


Indonesian army prefers Black Hawk to Apache The government is still undecided whether it would finally buy Black Hawk or Apache helicopters from the US. The army however prefers Black Hawk to Apache because Apache is more expensive, army chief of staff General Pramono Edhi Wibowo said here on Monday.

Posted in Military @ 25 February 2013 17:30 CET by Blog Bot · permalink · 2 reactions


Two vessels caught red handed in illegal transaction Two tankers flying Indonesian flag have been caught red handed by a customs and excise sea patrol when the tankers allegedly committing illegal transfer of cargo in the Riau Island Provincial waters.

Posted in Crime @ 30 January 2013 23:57 CET by Blog Bot · permalink · 0 reactions


Four killed in Jambi landslides Four people were killed when they were buried by a landslade in Lempur village, Gunung Raya, sub-district,Kerinci district, Jambi,on Saturday, a disaster mitigation official said.

Posted in Weather @ 27 January 2013 17:53 CET by Blog Bot · permalink · 0 reactions


Govt: 'Luxurious car owners to use non-subsidized fuel' The Indonesian government has urged owners of luxurious cars to use non-subsidized fuel oils as their quotas are predicted to be used up by December 24. "Have an empathy with those deserving the subsidy," Deputy Minister of Energy Rudi Rubiandini said here on Wednesday.

Posted in General @ 28 November 2012 17:01 CET by Blog Bot · permalink · 0 reactions


Police say situation in Kutai Barat returning to normal National Police Chief General Timur Pradopo said situation in Kutai Barat, Kalimantan, has returned to normal while the cause of the conflict was purely criminal and suspects involved had been caught.

Posted in Violence @ 26 November 2012 18:25 CET by Blog Bot · permalink · 0 reactions


Pertamina oil pipe explodes killing five people in Jambi An oil pipe of state oil and gas company PT Pertamina exploded leaving five people dead and 18 others injured at the sub-district of Bayung Lencir, in the regency of Musi Banyuasin of Jambi, South Sumatra.

Posted in Accidents @ 03 October 2012 18:56 CET by Blog Bot · permalink · 0 reactions


Pertamina plants 10.000 trees in mangrove areas The State-owned oil company, PT Pertamina has demonstrated its commitment to Bali’s environment by planting 10,000 trees in mangrove areas in the vicinity of Serangan Beach and Mertasari Beach in Sanur.

Posted in Environment @ 18 September 2012 12:01 CET by Blog Bot · permalink · 0 reactions


Minister Dahlan sits on floor with newsmen at palace State Enterprises Minister Dahlan Iskan has again surprised many as he sat on the floor while answering questions from newsmen at the presidential palace here on Thursday.

Posted in Politics @ 19 April 2012 11:39 CET by Blog Bot · permalink · 0 reactions


Pertamina : 'Subsidized fuel quota only enough until October' Indonesia`s subsidized fuel oil quota of 40 million kiloliters for 2012 will only be enough to meet consumption until the third week of October, officials at state oil and gas company Pertamina have predicted.

Posted in Economy @ 13 April 2012 12:25 CET by Blog Bot · permalink · 0 reactions


Doubts over announced fuel subsidy cut Tempo Interactive reports that the State-Owned Oil company Pertamina have publicly admitted that are not prepared to implement the government policy to sell non-subsidized Pertamax fuel to the public on April 1, 2012.

Posted in Economy @ 22 January 2012 08:26 CET by Jeroen · permalink · 0 reactions


House to decide subsidized fuel cut next week The House of Representatives (DPR)`s Commission VII on energy affairs will decide next week its attitude regarding the government`s plan to limit subsidized fuel oil consumption beginning on April 1, 2012.

Posted in Economy @ 17 January 2012 02:31 CET by Blog Bot · permalink · 0 reactions


President Yudhoyono makes working visit to Cilacap President Susilo Bambang Yudhoyono left Gambir station by special train at 6.15 on Wednesday morning for a two-day working visit to Cilacap, Central Java. The president this time left for Cilacap without the company of First Lady Ani Yudhoyono who was still sick at Gatot Subroto hospital.

Posted in Polio @ 28 December 2011 13:16 CET by Blog Bot · permalink · 0 reactions


Merpati Nusantara cancels flights over unpaid fuel bills Despite disruption to its flight schedules operating to other destinations, Merpati Nusantara (MZ) flights to and from Bali operated without interruption on Saturday, October 15, 2011.

Posted in Travel @ 17 October 2011 02:44 CET by Jeroen · permalink · 0 reactions


Indonesia deploys Navy ships after second death in Tiaka riots The Indonesian government on Tuesday deployed two Navy ships to the northeastern island of Tiaka after a second death was reported due to ongoing riots.

Posted in Violence @ 24 August 2011 13:01 CET by Blog Bot · permalink · 0 reactions


Fierce riots on Indonesia's Tiaka Island leaves one dead At least one person was shot dead on Monday after riots broke out on the northern Indonesian island of Tiaka, officials said on Tuesday.

Posted in Crime @ 23 August 2011 07:58 CET by Blog Bot · permalink · 0 reactions


New airport on Lombok to be opened on October 1? Vice-president Boediono has ordered the management of PT Angkasa Pura I, the manager of airports in Indonesia, to open up the new Lombok international airport from October 1, 2011. "I want to hear from PT Angkasa Pura I that they will be able to open the airport, because it should have been opened in early 2010 already."

Posted in Economy @ 17 July 2011 11:08 CET by Jeroen · permalink · 0 reactions


Indonesia to invest 200 billion dollars in 14 years Indonesian President Susilo Bambang Yudhoyono on Monday announced that the country is planning a $200-billion investment in the next 14 years to advance economic development.

Posted in Economy @ 18 April 2011 15:03 CET by Blog Bot · permalink · 0 reactions


Pertamina refinery fire extinguished, no plan to import extra fuel The Pertamina refinery fire in Indonesia was completely put out, five days after the initial explosion that began burning the refinery's fuel tanks.

Posted in Accidents @ 07 April 2011 16:12 CET by Blog Bot · permalink · 0 reactions


Pertamina refinery fire gains strength again The Pertamina refinery fire in Indonesia is again burning one of its tanks after it had been temporarily contained, the refinery said Wednesday.

Posted in Accidents @ 06 April 2011 14:14 CET by Blog Bot · permalink · 0 reactions


Minister: situation improving in Pertamina refinery fire Indonesia's Energy and Mineral Resources Minister Darwin Zahedy Saleh on Monday said the fire-fighting efforts at the Pertamina refinery in Central Java was going well, three days after the initial explosion.

Posted in Accidents @ 05 April 2011 02:22 CET by Blog Bot · permalink · 0 reactions


Mitsubishi to invest $2.8 billion in Indonesian LNG plant Mitsubishi Corporation on Monday announced that the final investment decision on the Donggi-Senoro LNG project in Indonesia has been reached and will cost approximately 230 billion JPY ($2.8 billion).

Posted in Economy @ 25 January 2011 06:01 CET by Blog Bot · permalink · 0 reactions


Govt to withdraw nine million faulty gas canisters The government will soon withdraw nine million 3-kilogram gas cylinders from circulation for failing to meet the national standard, a minister said Wednesday. Coordinating People's Welfare Minister Agung Laksono told reporters the faulty cylinders would be collected through state-owned oil and gas company Pertamina refill depots.

Posted in General @ 29 July 2010 02:32 CET by Jeroen · permalink · 0 reactions


Garuda to go public within a matter of months The Indonesian government has confirmed that the national airline PT Garuda Indonesia will offer up to 25% of its shares via an initial public offering scheduled for Q2 of 2010. To this end, an underwriter has been appointed by Garuda.

Posted in Garuda Indonesia @ 21 January 2010 06:16 CET by Jeroen · permalink · 0 reactions


Bali's fishing fleet confined to port A shortage of fuel at Bali's port of Benoa has forced 600 ships from an estimated fleet of 830 fishing boats to remain alongside until more fuel becomes available. According to the Bali Post, around 9,000 fishing ships crews have been idled by the fuel shortage that has brought protests from the Indonesian Longline Tuna Fishing Association. (ALTI).

Posted in General @ 12 June 2009 11:11 CET by Jeroen · permalink · 0 reactions


Indonesia resource nationalism stirs before polls As Indonesia heads for elections, some politicians are taking a more nationalist line on the country's vast natural resources, a move that could scare off much-needed foreign capital amid the global credit crunch. While some industry experts see the rumblings over foreign investment as campaign trail posturing, the rhetoric highlights the risks for investors in Southeast Asia's biggest economy, particularly in its energy and mining sectors.

Posted in Elections @ 22 March 2009 06:44 CET by Jeroen · permalink · 0 reactions


Pertamina drops planned diesel exports Indonesian state oil firm Pertamina has scrapped plans to export diesel this month for the first time because of low regional diesel prices, a company official said on Monday. Pertamina had earlier planned to export some diesel to reduce high stockpiles and was also looking at cutting runs at its nine refineries with a combined capacity of around 1 million barrels per day.

Posted in Economy @ 16 February 2009 05:22 CET by Jeroen · permalink · 0 reactions


Pertamina fuel depot in Jakarta burns down State oil and gas company PT Pertamina`s public relations officer Wianda Pusponegoro has said reports were still not available on the cause of the fire at one of the company`s fuel storage tanks in Plumpang village in North Jakarta. "We are still trying to find the cause of the fire," Wianda told on Sunday night.

Posted in Accidents @ 19 January 2009 02:54 CET by Jeroen · permalink · 0 reactions


One liter of petrol for 50.000 Rupiah in West Timor A fuel crisis that grips six districts near Kupang, in the province of East Nusa Tenggara, has caused the price for just one liter of petrol to be as high as 50.000 Rupiah, which is ten times as much as the current official price. Diesel fuel and cooking oil are traded at 25.000 per liter, which has caused the transportation sector to come to a complete stop. "Only rich people can afford it to buy fuel here for their vehicles," said Martinus Rohi, a teacher at an elementary school in the area.

Posted in Economy @ 06 January 2009 15:24 CET by Jeroen · permalink · 0 reactions


LPG price hike hurts the poor - once again Residents in some areas have protested against the latest price hike of LPG. The price of a 12 kilogram bottle of LPG was hiked today. The official price was increased by some 6.000 Rupiah, while local shops sold the LPG at prices around 75.000 Rupiah per unit. In just over a year the price of LPG has risen by almost 50 per cent, which means that many who were forced to transfer from cooking oil to gas earlier on, now feel the burden as well.

Posted in Economy @ 25 August 2008 11:22 CET by Jeroen · permalink · 0 reactions


Indonesia's Pertamina hikes price of LPG tomorrow The state-owned oil and gas company PT Pertamina said on Monday it will hike the price of liquefied petroleum gas (LPG) for households by 23 percent starting July 1. Pertamina said the move takes into account the sharp increase in LPG prices in the international market as well as the higher operation and distribution costs as a result of the fuel price hike.

Posted in Economy @ 30 June 2008 04:12 CET by Jeroen · permalink · 0 reactions


Indonesia to quit OPEC soon Indonesia will quit the Organization of Petroleum Exporting Countries (OPEC) due to years of declining production and investment in the field, a senior official has said. Energy and Mineral Resources Minister Purnomo Yusgiantoro said at a press conference Wednesday that Indonesia, the only Southeast Asian member of the oil cartel, will not renew its membership at the end of this year which means that Indonesia will lose its vote at OPEC to influence global oil prices.

Posted in General @ 29 May 2008 10:34 CET by Jeroen · permalink · 0 reactions


Long rows at gas stations ahead of expected price hike Queues are emerging ahead of the announcement from the government to increase fuel prices. In many parts of the country people are looking for a way to buy the now still cheap fuels in larger quantities than normal. In cities like Palangkaraya, Banjarmasin (Kalimantan), Jambi and across the island of Java people are queuing up. Some gas stations have even limited the amount sold to one customer.

Posted in General @ 11 May 2008 07:09 CET by Jeroen · permalink · 0 reactions


Fuel crisis hits Bali, three days for new supplies Fuel shortage has been hitting Indonesia's resort island of Bali over the last few days, causing an unusual view in which many empty-tanked vehicles are left unattended on streets. Motorists have left their cars and motorcycles with empty tanks on streets as many fuel outlets they came by no longer had gasoline or diesel fuel stocks, national Antara news agency reported Friday.

Posted in General @ 04 April 2008 15:56 CET by Jeroen · permalink · 0 reactions


Detikcom: 'Former president Suharto passes away' According to Indonesian news website www.detiknews.com, former president Suharto has passed away at 13:10 local time (GMT+7) in the Pertamina hospital in Jakarta. Other news sources report he is in a coma at the moment however.

Posted in General @ 27 January 2008 07:44 CET by Jeroen · permalink · 0 reactions


Pertamina needs 70 million dollars per day for imports Pertamina is in need of twice as much foreign money because of high oil prices on the international market with prices reaching as high as 100 US dollars per barrel. Earlier today the general manager of PT Pertamina, Ari Hernanto Sumarno, said that Pertamina was in need of foreign money to pay for the imports of oil for the company. Pertamina has to buy oil from outside Indonesia, even if the prices rise. This is caused by the fact that the total production of oil in Indonesia is not sufficient to cover all of it's needs.

Posted in Economy @ 18 January 2008 05:50 CET by Jeroen · permalink · 0 reactions


Suharto develops possible deadly blood infection Ailing former dictator Suharto has developed sepsis, a potentially deadly blood infection, and the 86-year-old's heart became unstable Tuesday, his medical team said. Sepsis, characterized by a whole-body inflammatory state caused by infection, can progress to blood circulatory dysfunction and eventually death. It is considered especially dangerous for the elderly or patients in critical condition and can lead to septic shock, which has a fatality rate of more than 60 percent.

Posted in General @ 15 January 2008 08:32 CET by Jeroen · permalink · 0 reactions


Suharto losing consciousness, Kalla arrives at hospital Former president Suharto was losing consciousness, the hospital treating him said, and the Vice President had been summoned to his bedside to witness the 86-year-old's death. Suharto was losing consciousness and having difficulty breathing at 17:00 local time (08:00 GMT). on Friday, according to a statement released at 8.30 p.m. by Pertamina hospital in Jakarta where he is being treated.

Posted in General @ 11 January 2008 15:48 CET by Jeroen · permalink · 0 reactions


Doctors: 'ailing Suharto getting worse' Former Indonesian president Suharto's condition was deteriorating after the 86-year-old was hospitalised in Jakarta, doctors said Saturday. Suharto was suffering complications after his heart became too weak to pump blood properly around his body, causing large amounts of swelling, hospital director Djoko Rahardjo said, adding that he was in need of a pacemaker operation.

Posted in General @ 05 January 2008 11:47 CET by Jeroen · permalink · 0 reactions


Govt assures it will not raise subsidized fuel prices Minister of Energy and Mineral Resources, Purnomo Yusgiantoro, on Wednesday assured that the government will not raise prices of subsidized fuel despite a surge in global crude oil prices. "So far, the government has not thought of raising the prices of subsidized fuel oil," said Purnomo after meeting President Susilo Bambang Yudhoyono at the presidential office.

Posted in Economy @ 01 November 2007 04:57 CET by Jeroen · permalink · 0 reactions


Earthquake halts Pertamina's Balongan refinery A 7.5 magnitude earthquake that hit west Java early Thursday has forced a Pertamina oil refinery to be shut down for the next three days. The Balongan refinery in the town of Indramayu, which was close to the earthquake's epicenter, was shut down temporarily after the powerful quake caused power failure in the compound of the refinery.

Posted in Earthquake @ 09 August 2007 17:28 CET by Jeroen · permalink · 0 reactions


Scores missing after Maluku boat accident Officials say that at least two children have died and 45 other people were still missing after a passenger ship disappeared in rough seas in eastern Indonesia. A port official in Ambon, where the ship was about to dock, said around 70 people were on board. "Twenty-three survivors were found and two people were found dead, both of them children," Karim Tuanaya said.

Posted in Accidents @ 11 July 2007 16:44 CET by Jeroen · permalink · 0 reactions


Gasoline shortage hits Bali A number of gas stations were forced to temporarily suspend operations when new supplies of premium gasoline failed to arrive in Bali. The shortage, which lasted for 3- 4 days during the second week of May 2007, was blamed for 30-40 minute lines at the gas stations that stayed open to distribute diminishing fuel supplies.

Posted in General @ 20 May 2007 06:14 CET by Jeroen · permalink · 0 reactions


Mud flow victims block Pertamina transmission station Dozens of villagers from Keboguyang village, near Sidoarjo, blocked a gas transmission station owned by state gas company Pertamina, which is located in the village of Permisan. According to the demonstrators, it was agreed that Pertamina would improve the roads in the village. "For over 14 years they have their station here but until today there hasn't been any contribution to the village," said Margono, one of the demonstrators.

Posted in Sidoarjo mudflow @ 14 April 2007 08:41 CET by Jeroen · permalink · 0 reactions


Pertamina shuts off gas lines near mud volcano State oil and gas company Pertamina has shut off gas lines near the Sidoarjo mud volcano after the main railway link and toll road were flooded with hot mud again. The steaming crater, located near the second-largest city in the country, Surabaya, first began spewing mud in May last year after a failed exploratory gas drilling at the site.

Posted in Sidoarjo mudflow @ 31 March 2007 16:25 CET by Jeroen · permalink · 0 reactions


Indonesia may curb exports of crude palm oil Indonesia, the world's second largest palm oil grower, may curb unprocessed exports of the commodity to encourage the development of local refining, an official at the Trade Ministry said. Curbing overseas sales of crude palm oil (CPO) is among the options that will be discussed at a meeting on January 22, Agus Tjahyono, agricultural exports director, said in an interview yesterday. "There are lots of options besides taxes to discourage exports," Tjahyono said. "We can impose regulations."

Posted in Economy @ 20 January 2007 09:41 CET by Jeroen · permalink · 0 reactions


Indonesia says still apart with Exxon over Natuna Indonesia and Exxon Mobil Corp. played down a deadline on Monday for the expiration of a contract to operate the Natuna D-Alpha gas block, although an official at oil watchdog BPMIGAS said the two sides remained far apart. Indonesia says it has terminated the contract, while Exxon Mobil has said its Natuna contract remains valid until January 2009 and still plans to develop the field.

Posted in Economy @ 08 January 2007 13:55 CET by Jeroen · permalink · 0 reactions


Death toll from Indonesia gas pipe blast hits 13 A 43-year-old man died on Sunday from injuries sustained after a gas pipeline explosion in Java island last month, taking the toll from the disaster to 13, media reports said. The Nov. 22 blast, which disrupted gas operations in the region covered by state oil company Pertamina's East Java Gas Pipeline, occurred in an area where hot mud has been gushing unchecked since the end of May following a drilling accident.

Posted in Sidoarjo mudflow @ 04 December 2006 02:34 CET by Jeroen · permalink · 0 reactions


Death toll from Indonesia pipeline blast reaches 12 A man died late on Wednesday after suffering injuries from last week's gas pipeline explosion in the Indonesian area swamped by a devastating mudflow, pushing the incident's death toll to 12, a doctor said. The Nov. 22 blast, which disrupted gas operations in the region covered by state oil company Pertamina's East Java Gas Pipeline, occurred in an area where hot mud has been gushing unchecked since the end of May following a drilling accident.

Posted in Sidoarjo mudflow @ 01 December 2006 05:04 CET by Jeroen · permalink · 0 reactions


Death toll from Indonesia pipeline blast climbs Two more bodies were found on Friday near the scene of a gas pipeline explosion in Indonesia's East Java province which was linked to a devastating mudflow, pushing the death toll from the incident to 10. "Rescuers found two more dead bodies this morning and we are currently preparing the identification and autopsy of those bodies," Sukamto Kasmuri, director of the main hospital in the East Java regency of Sidoarjo, told reporters.

Posted in Sidoarjo mudflow @ 25 November 2006 14:32 CET by Jeroen · permalink · 0 reactions


Huge hole in Gempol-Porong tollroad The explosion of a gas pipe of state-run company Pertamina near the center of the drilling well of PT Brantas Lapindo in Porong, Sidoarjo (East Java) has caused a hole in the tollroad ahead. The hole is at least three to five meters wide and is located at kilometer 38. A reporter of Antara news on the scene reported earlier today that the hole in the road is more than big enough for a dumptruck.

Posted in Sidoarjo mudflow @ 24 November 2006 16:05 CET by Jeroen · permalink · 0 reactions


President Yudhoyono describes mudflow as disaster President Susilo Bambang Yudhoyono has described the events that took place in the area of Porong (East Java) as a disaster. He said this in a special meeting of his cabinet concerning the explosion of a gas pipeline owned by state-run Pertamina in his office. At least 440 hectares of land are seen as dangerous and are forbidden areas at this moment.

Posted in Sidoarjo mudflow @ 24 November 2006 03:26 CET by Jeroen · permalink · 0 reactions


Gas pipeline explosion kills five in Sidoarjo An Indonesia gas pipeline exploded, killing at least five people and injuring nine others on Wednesday near Indonesia's second largest city of Surabaya on Java island, an official said. Antara, the official state news agency, said the pipeline was part of state-owned Pertamina East Java Gas Pipeline that feeds gas to various companies.

Posted in Sidoarjo mudflow @ 23 November 2006 02:25 CET by Jeroen · permalink · 0 reactions


Exxon stands firm on Natuna contract Despite uncertainty over its contract, giant oil and gas company ExxonMobil has expressed optimism that it will start developing the D-Alpha gas field in the Natuna Sea in 2008. "The contract is still valid and stands as it is. There have been no official talks about the contract being revised, let alone terminated," Peter J. Coleman, the company's president and general manager for Indonesia, told the press in Jakarta on Thursday evening.

Posted in General @ 13 October 2006 13:26 CET by Jeroen · permalink · 0 reactions


Indonesia terminates Exxon Mobil's Natuna contract Indonesia has terminated a contract held by Exxon Mobil Corp. on the huge Natuna offshore gas field, the country's oil minister said on Tuesday, amid high extraction costs and a lack of buyers for the gas. Despite the difficulties developing the field, the move to end Exxon's contract may cause concern among foreign investors about uncertainties of doing business in Indonesia, compounding worries over the legal system, labour and corruption.

Posted in Economy @ 11 October 2006 06:11 CET by Jeroen · permalink · 0 reactions


Pertamina: Indonesia okays Cepu oilfield plan Indonesia's energy regulator has approved the development plan for its big Cepu oilfield, with production on track to begin in late 2008 or early 2009, the head of state oil firm Pertamina said on Monday. "The development has been approved, we are proceeding with the field development," Pertamina President and CEO Ari Soemarno told Reuters on the sidelines of the Asia Oil & Gas Conference (AOGC). "We hope we can start late 2008 or early 2009."

Posted in Economy @ 12 June 2006 18:40 CET by Jeroen · permalink · 0 reactions


Report: Iran to take stake in Indonesia oil refinery Iran will invest up to 30 pct of the costs of building an oil refinery in Indonesia for which it will supply crude oil, the Wall Street Journal reported. In its online edition, the newspaper cited officials as saying the National Iranian Oil Refinery and Distribution Co will build the refinery with Elnusa, a unit of Indonesia's state-owned oil company Pertamina.

Posted in Economy @ 10 May 2006 07:12 CET by Jeroen · permalink · 0 reactions


Ex-president undergoes surgery Former Indonesian president Suharto is undergoing colon surgery to stop bleeding in his digestive tract, according to one of his doctors. The surgery began Sunday at 9:00 p.m. (1400GMT) and was expected to last around three hours until midnight (1700 GMT).

Posted in General @ 07 May 2006 19:16 CET by Jeroen · permalink · 0 reactions


Doctors: Suharto’s organs have partly failed Doctors treating ailing former Indonesian president Suharto said his condition was still not stable because his organs have partly failed, but ongoing blood transfusions have slightly improved his condition.

Posted in General @ 06 May 2006 09:53 CET by Jeroen · permalink · 0 reactions


Former President Suharto rushed to hospital Former Indonesian president Suharto has been rushed to a Jakarta hospital suffering intestinal bleeding, a news report says. Jakarta-based private television network Metro TV reported in its midnight program the former strongman was admitted to Pertamina Central Hospital in South Jakarta at 6.30pm on Thursday, with some of his children and grandchildren accompanying him.

Posted in General @ 05 May 2006 07:01 CET by Jeroen · permalink · 0 reactions


Kalla: No need for another fuel hike Concerns that the recent surge in global oil prices could lead to another fuel price hike this year have eased for the moment, after Vice President Jusuf Kalla said the government had no immediate plans to raise fuel prices. "I don't think a fuel price hike is necessary at the moment," Vice President Jusuf Kalla said Monday. "What we have to do now is to use energy more efficiently, fix up our power sector, and think up of other ways to save fuel."

Posted in Economy @ 25 April 2006 07:09 CET by Jeroen · permalink · 0 reactions


Pertamina, ExxonMobil reach Cepu deal State oil and gas firm PT Pertamina and U.S. oil giant ExxonMobil Corp. announced Monday they had finally reached an agreement to jointly operate the Cepu oil block, ending a protracted four-year dispute. Under the agreement, expected to be officially signed on Wednesday, Pertamina and ExxonMobil will form a joint-operating organization, to be known as Cepu Organization, that will run the oil-and-gas-rich block under a 30-year production-sharing contract with the government, they said in a press release.

Posted in Economy @ 14 March 2006 08:44 CET by Jeroen · permalink · 0 reactions


Govt to name Soemarno to lead Pertamina, replacing Purnama Indonesia will today promote PT Pertamina's marketing head, Ari Soemarno, to be president of the state-owned oil company, officials said. Soemarno will become Pertamina's third president in five years, replacing Widya Purnama, who has held the post since August 2004, said an official at the state enterprises ministry in Jakarta today. Soemarno will be appointed at a ceremony later today, he said. Iin Arifin Takhyan, director general of oil and gas at the energy ministry, will become vice president, said the officials, who asked not to be identified.

Posted in Economy @ 08 March 2006 07:50 CET by Jeroen · permalink · 0 reactions


Fuel imports slump as consumption declines Oil traders looking for a rebound in Indonesia’s oil demand that could resuscitate moribund diesel and gasoline markets may be in for a long wait as Indonesians have quickly learned to live with less fuel. Despite hopes for a quick recovery, consumers in Asia’s fifth-biggest oil user are burning nearly 20 percent or 200,000 barrels per day (bpd) less fuel than a year ago after the government doubled retail prices last October, industry officials say.

Posted in Economy @ 19 February 2006 10:59 CET by Jeroen · permalink · 0 reactions


Inflation down in December Indonesia's inflation rate fell in December for the first time in seven months after the state oil company cut fuel costs and food prices stabilised. Consumer prices in South-East Asia's largest economy rose 17.1% from a year earlier, Choiril Maksum, director of the Central Statistic Bureau said yesterday in Jakarta. The rate was lower than the six-year high of 18.4% in November and the 18% median forecast in a Bloomberg survey of 10 economists. Prices fell 0.04% from a month earlier.

Posted in Economy @ 03 January 2006 07:18 CET by Jeroen · permalink · 0 reactions


Malaysia's Petronas to build 400 gas pumps Malaysia's state-run oil firm Petronas has expressed commitment to build 400 gas pumps in Indonesia, a government official said here Thursday. The gas pumps will be built in stages until 2011, said Erie Soedarmo, director of production and marketing with the Indonesian Ministry of Energy and Mineral Resources.

Posted in General @ 23 December 2005 07:17 CET by Jeroen · permalink · 0 reactions


2005 oil and gas well drillings fall below its target Indonesia, Southeast Asia's biggest oil producer, drilled 62 oil and gas wells this year, below the government target, because of higher costs of oil rigs, a government official said. Indonesia had wanted companies such as PT Pertamina, BP Plc and ConocoPhillips and Total SA to drill as many as 81 wells this year to increase the country's oil and gas reserves, Kardaya told reporters today in Bandung, West Java.

Posted in Economy @ 18 December 2005 10:17 CET by Jeroen · permalink · 0 reactions


Depok, Tangerang named 'dirtiest' cities The government announced a list of the country's dirtiest cities for the first time on Friday in a bid to encourage municipal administrations to clean up their acts, and their heavily polluted urban areas. Previous governments had only made the names of the cleanest cities public.

Posted in Environment @ 17 December 2005 09:13 CET by Jeroen · permalink · 0 reactions


Indonesia raises February crude imports to 6.18M barrels Indonesia's state-owned oil and gas company Pertamina (PTM.YY) has sharply raised crude imports for February from January due to lower domestic crude supply, said a company official Friday. The company bought a total of 6.18 million barrels of crude via a tender, he said, adding that the volume is sharply higher from its purchase for January of 3.45 million bbls.

Posted in Economy @ 16 December 2005 07:11 CET by Jeroen · permalink · 0 reactions


Pertamina, ExxonMobil to sign Cepu deal this month State oil-and-gas firm PT Pertamina and ExxonMobil Oil Indonesia Inc will sign this month a joint operation agreement (JOA) for the development of the Cepu block, Pertamina president Widya Purnama said. 'The deal for a joint operation agreement with ExxonMobil for Cepu will be definitely completed this month,' Purnama said.

Posted in Economy @ 05 December 2005 07:13 CET by Jeroen · permalink · 0 reactions


LPG price to soar 41 percent early next year Indonesia's state oil and gas firm PT Pertamina will raise the price of liquefied petroleum gas (LPG) by 41 percent early next year to 6,000 rupiah per kilogram from the current 4,250 rupiah. Pertamina's LPG marketing assistant manager Rosidi Hasyim was quoted Friday by The Jakarta Post daily as saying the firm had suffered a financial loss of 900 billion rupiah (90 million US dollars) per year because the domestic LPG price was lower than the international price. LPG is not subsidized by the government and will have to conform to market prices.

Posted in Economy @ 25 November 2005 09:29 CET by Jeroen · permalink · 1 reaction


Pertamina to shut Cilacap refinery late December State-owned Pertamina (PTM.YY) next month will shut Indonesia's biggest refinery for maintenance, an official at the oil and gas company said Wednesday. "We will shut down the refinery in late December for maintenance," Pertamina spokesman Mohammad Harun told Dow Jones Newswires.

Posted in Economy @ 23 November 2005 18:51 CET by Jeroen · permalink · 0 reactions


Indonesia threatens to seize oil field Indonesia threatened on Tuesday to take over the $2 billion Cepu oil block unless Exxon Mobil Corp. and state oil firm Pertamina resolve a row by the end of the year over who will operate the resource-rich field. "If there is not an agreement, then we can take it over and give it to someone else," chief economics minister Aburizal Bakrie told reporters in comments overshadowing one of Exxon's 10 biggest global undeveloped projects.

Posted in Economy @ 15 November 2005 17:19 CET by Jeroen · permalink · 1 reaction


Soeharto admitted to hospital Former president Soeharto was admitted to the Pertamina Hospital in South Jakarta on Friday suffering from an identified illness. The RCTI television broadcaster said the former strongman was admitted to the hospital at about 4:30 p.m. Friday but it was not clear what he was suffering from.

Posted in General @ 05 November 2005 15:57 CET by Jeroen · permalink · 0 reactions


Shell to open retail gas station in Indonesia A gas station run by Shell will start operating in Karawaci, Tangerang, Banten province, early next month, an oil official confirmed here on Wednesday. "After opening its first station in Karawaci, Shell will build another gas station in Warung Buncit, South Jakarta," Tubagus Haryono, head of the oil and gas industry regulatory agency BP Migas, was quoted by official news agency Antara as saying.

Posted in General @ 12 October 2005 14:00 CET by Jeroen · permalink · 0 reactions


Securing Jakarta: police concentrate on three locations The Jakarta Police have changed the security concentration towards places assumed to be used as protest sites by students and other members of the general public. “Yesterday, we estimated that there were 14 points. However, there were some changes that we will only concentrate on three locations. These are the State Palace, the Vice Presidential Palace and the Hotel Indonesia Round,” said Jakarta Police chief Insp. Gen. Firman Gani in Jakarta on Thursday (29/09).

Posted in Protests @ 30 September 2005 07:03 CET by Jeroen · permalink · 3 reactions


SBY warns against fueling violence While protests are mounting ahead of the government's announcement of the new fuel prices, President Susilo Bambang Yudhoyono warned the public against turning violent. "Go ahead if you want to express yourselves by protesting, but don't burn or destroy things. (Peaceful expression) is what democracy is all about," Susilo said during a meeting with university rectors at the State Palace on Wednesday.

Posted in Protests @ 29 September 2005 08:20 CET by Jeroen · permalink · 3 reactions


Fuel scarcity worsens before price hikes Gasoline and diesel shortages worsened across Indonesia as the government's scheduled price increase on Oct. 1 draws near, Jakarta Post reported on Tuesday. Filling stations were packed with long lines of vehicles, while police officers desperately tried to track down on and nab people thought to be hoarding fuel until the price goes up, according to the Jakarta Post.

Posted in General @ 27 September 2005 10:49 CET by Jeroen · permalink · 3 reactions


Subsidy cut to fuel the fire In the wake of a two-month "mini crisis" that saw the rupiah hit a four-year low of 11,750 per dollar on August 30, Jakarta has finally announced an imminent and substantial reduction in fuel subsidies. The exact date and the level of cuts have yet to be announced, though there is widespread speculation over both. Vice President Jusuf Kalla has said fuel prices may rise as early as October 1 while National Development Planning Minister Sri Mulyani Indrawati has said an increase in November would be too late to help reduce subsidies to the level of Rp89.2 trillion. She said fuel prices might increase by at least 50% in October.

Posted in General @ 27 September 2005 00:00 CET by Jeroen · permalink · 0 reactions


Police arrest 13 Pertamina staff Officials of state-owned oil firm Pertamina (PTM.YY) are among 15 suspects arrested for allegedly hoarding 250,000 metric tons of kerosene and diesel fuel, the Jakarta Post reports.

Posted in General @ 21 September 2005 10:13 CET by Jeroen · permalink · 0 reactions
    
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