This is in line with SOE transformation carried out by Minister of SOEs, Erick Tohir, to encourage more state-owned companies to become global preferences.

In addition to acknowledging operations abroad, Pertamina has also managed to become only company from Indonesia to be included in 2021 Fortune Global 500 list at position 287.

According to Erick, this recognition is evidence of ongoing improvements to company organization.

“I am optimistic that Pertamina performance will be even better and frame for Pertamina is to compete with competitors at world level. Because Pertamina has all requirements, both quality and capability to support it as one of world big companies,” said Erick in a press release 3/8/2021 From business side, Pertamina role in global arena is carried out in scope of several activities, namely upstream oil and gas, export and product sales, to shipping cooperation.

Through PT Pertamina Internasional EP (PIEP), Pertamina moves to innovate in acquiring and managing overseas oil and gas fields as well as looking for oil and gas sources in various countries.

The goal is to fulfill domestic oil and gas needs and support national energy security. Until now, Pertamina already has overseas oil and gas field assets spread across 13 countries, namely Algeria, Malaysia, Iraq, Canada, France, Italy, Namibia, Tanzania, Gabon, Nigeria, Colombia, Angola and Venezuela.

Until 2021, PIEP has contributed as much as 49.9 million barrels of oil or a value of around USD2.8 billion which was sent to Indonesia to meet needs of domestic refineries, as well as to contribute to improvement of Indonesia Balance of Payments (Current Account Deficit).

“In total, 76% of oil produced from abroad is sent to domestic refineries to support national energy security. The largest oil contribution came from three assets in Algeria, Malaysia and Iraq,” said Fajriyah Usman, Acting SVP Corporate Communication and Investor Relations at Pertamina.

At same time, Pertamina through Pertamina International Marketing & Distribution Pte. Ltd. (PIMD) continues to expand export of its superior products to global market.

Pertamina various superior products that have been accepted by international market include Avtur, MFO, DCO, HVR-1, LCO and Paraxylene. During January – June 2021, Pertamina product sales volume in export market reached 3,999 MT with a value of USD 1.9 billion.

“PIMD income is supported by upward trend in product prices in line with increase in oil prices and sales volume,” added Fajriyah.

In lubricant business, PT Pertamina Lubricant (PTPL) also strengthens its position in world market. Currently, Pertamina lubricant exports have penetrated 14 countries with largest markets in Asia, Africa and Australia.

Pertamina business movement as a global player is also shown by Pertamina International Shipping (PIS). Eleven PIS fleets have docked and docked at international ports.

Even three managed to obtain a Certificate of Compliance from United States of America Coast Guard. In midst of COVID-19 pandemic, it also succeeded in inaugurating giant tankers VLCC Pertamina Pride and Pertamina Prime and protecting Petronas subsidiaries, namely Petco Trading Labuan Company Limited (PTLCL).

With a Net Profit performance that reached 127% of target this semester, PIS continues to provide best service as an Integrated Marine Logistics Company that is trusted in international market.

“Pertamina incessant business innovation in world market and Pertamina positive performance cannot be separated from restructuring that has been going well so far. So that all Subholdings and subsidiaries have succeeded in focusing on business and being more flexible in business development,” concluded Fajriyah.

Both of these products are made from palm oil, as proof of RU IV commitment to producing environmentally friendly fuel oil.

Area Manager Communication, Relations, & CSR of Pertamina RU IV Cilacap, Hatim Ilwan, explained that Green Diesel trial will start on January 9-16, 2021.

“Meanwhile, Green Avtur trial was conducted at end of December 2020,” He said.

According to Hatim, Green Diesel (D 100) uses RBDPO (Refined, Bleached and Deodorized Palm Oil), namely palm oil that has been refined to remove free fatty acids and purification to remove color and odor. “Meanwhile, Avtur uses RBDPKO (Refined, Bleached and Deodorized Palm Kernel Oil) or palm kernel oil,” He added.

With various facilities and facilities that have been prepared, Pertamina RU IV plans to produce D-100 BBM, as much as 3MB or 3,000 barrels per day.

“This trial will continue until it is ready and safe to use as fuel that can be used by community,” said Hatim.

Prior to preparation of trial facilities and facilities, among others, means of receiving palm oil through Jetty 67 (pier) in refinery complex to RBDPO tank. From pier, then prepare a feed stock (tank) facility that is close to location of treatment unit at Distillate Hydro Treating (TDHT).

With development of D-100 product, Hatim stated, this is a proof of Pertamina commitment to creating environmentally friendly, renewable products. The development of BBM D-100 product is expected to have a broader positive effect. Among other things, in order to reduce crude oil that comes from fossil energy, ” he said.

As for Green Avtur, he continued testing this product to ensure its quality. “Commercially, this product will not be sold to market yet. What we are doing is real evidence of carrying out mandate of law, to optimize environmentally friendly domestic products,” Added Hatim.