Energy Transition

and Energy SOE

Roles

Presented by

Agung Indri Pramantyo

SBD Director PT Pertamina Gas

CONFIDENTIAL AND PROPRIETARY

Any use of this material without specific permission of PT Pertamina Gas is strictly prohibited.
Should not be reproduced or redistributed to any other person.

Global Leader in Developing Gas Supply Chain

1
pertaminagas www.pertagas.pertamina.com
 What is Natural Gas and How Does It Has Important
1
Roles in Energy Transition?

2 Global Energy Outlook

3 Getting to Know Pertagas Closely

4 Strategic Directions

5 Translating Strategy into Action

6 Introduction of Feasibility Study

What is Natural Gas and How
Does It Has Important Roles in
Energy Transition?

3
 OIL

CONVENTIONAL
GAS
HYDROCARBON

ENERGY SOURCES
COAL

Oil Sands
Tight Oil
Shale Oil
UNCONVENTIONAL
HYDROCARBON
CBM
Shale Gas
Tight Sand Gas
Hydrate Gas

RENEWABLE ENERGY
(Geothermal, Biomass, Wind, Tidal, Hydro,
Algae, Solar Cell, Hydrogen, etc.)
NON-HYDROCARBON

NON-RENEWABLE ENERGY
(Nuclear)
 Liquiefied Natural
Parameter Gasoline Coal Natural Gas Biodiesel Hydrogen
Gas (LNG)

C137H97O9NS (Bituminous CH4 (majority), C2 – C6++, CH4 (majority), C2 – C6++, Methyl Esters of C12 to C22
Chemical Structure C4 to C12 and Ethanol < 10%
Coal) Inert Gases Inert Gases fatty acids
H2

Fats and oil from sources

Fuel Material Crude Oil Underground reserves Underground reserves Underground reserves such as soybeans, waste Natural Gas, Electrolysis
cooking oil

51,585 BTU/Lb / 33,3

Energy Content (LHV) 112,114 – 116,090 BTU/gallon 11,000 – 15,000 BTU/lb 1,000 – 1,100 BTU/SCF 21,240 BTU/lb 119,550 (B100)
kWh/kg

Physical State Liquid Solid Gas Cryogenic Liquid Liquid Compressed Gas

Cetane Number N/A N/A N/A N/A 48 – 65 N/A

Pump Octane Number 84 - 98 N/A 130 120+ N/A 130+

Flash Point -45 degF > 392 degF -236,47 degF -306 degF 212 to 299 degF N/A

Autoignition
495 degF > 932 degF 1,201 degF 1,004 degF 300 degF 1,050 degF to 1,080 degF
Temperature

Price 2,55 USD/gallon 325 USD/Ton 5,89 USD/MMBTU 25 USD/MMBTU (spot JKM) 5,34 USD/gallon 13,5 USD/kg
Natural gas was primarily obtained as a by-product of producing oil,
in 1970s it was mostly flared and not monetized in Indonesia

Source: US Energy Information Administration

Compared to other fossil fuels (coal and oil), natural gas is the cleanest Natural gas production emits less emissions compared to
available at scale today oil-based energy source production

Volume vs. carbon intensity CO2 emissions by fuel type

bn tonnes of oil equivalent (x axis), bn tonnes
by CO2 emission in tonnes per tonne

Source: BP Statistical Review of World Energy 2017; DECC; McKinsey analysis

Global energy demand rises by one quarter over 2015-2050, but the growth rate slows to a pace not seen in
the past 100 years

The rise of
natural gas

Fossil
fuel’s
dominance

Source: Vaclav Smil (2017); BP Statistical Review of World Energy

Among fossil fuels, only gas demand expected to grow setadily

Global Fossil Fuel Demand (mio TJ)

Source: McKinsey Energy Insights’ Global Energy Perspective, December 2017; IEA Energy Balances (Historical)
Gas production by country (bcm)
Gas consumption is dominated by gas producer
and industrialized country

Indonesia consumption is unequal with the

production, as mainly exported to China and Japan

Gas consumption by country (bcm)

Indonesia
Production: 62 bcm
Consumption: 39 bcm

Source: Enerdata (2020)

▪ The decline of oil production from existing source urges alternative energy sources
▪ Environmental issue caused by emissions from oil as fuel increases the usage of natural gas as the cleanest fossil fuel
▪ Promising natural gas global reserves
▪ Natural Gas will be the primary energy source in the 21st century

Exploration Discovery
Mapping of world gas reserve
2500 100%
Gas 77%
72% 82%

Resources (MMBOE)
2000 Oil 71% 68% 80%
59% 60%
1500 44% 47% 46% 60%

% Gas
1000 40%
21%
16%
500 20%

0 0%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Reserves Addition (MMBOE)

3.500 100%
3.000
80%
2.500
• More than 50% of exploration discovery within the last decade are gas. 2.000 60%

%
1.500 40%
• On average, 70% of PoD (Plan of Development) are for gas fields. 1.000
500 20%
• Indonesia’s gas reserves to production is 2 times bigger than oil. - 0%

2003
2004
2005
2006

2009
2007
2008

2020
2010

2014
2011
2012
2013

2015
2016
2017
2018
2019
Source: SKKM 2021
Comparison 5.000,00
between export 4.000,00
& domestic 3.000,00

BBTUD
supply
2.000,00
1.000,00
-
2.003 2.004 2.005 2.006 2.007 2.008 2.009 2.010 2.011 2.012 2.013 2.014 2.015 2.016 2.017 2.018 2.019 2.020 2.021
Ekspor 4.397 4.416 4.202 4.008 3.820 3.775 3.681 4.336 4.078 3.631 3.402 3.237 3.090 2.859 2.736 2.668 2.155 2.108 2.046
Domestik 1.480 1.466 1.513 2.341 2.527 2.913 3.323 3.379 3.267 3.550 3.774 3.631 3.881 3.996 3.880 3.994 3.984 3.592 3.687

Domestik BBG City Gas

LPG 0,07% 0,15%
Realization vs Contracted
Natural Gas 1,54%

Utilization Domestik Ekspor

Domestik LPG 88,05
88,05
LNG 13,13%
479,27
8,36% Domestik LNG 479,27
1.294,12
Ekspor LNG 1.294,12
729,70
Pupuk 681,97
Ekspor LNG
356,25
22,57% Lifting 167,78
922,76
Industri Kelistrikan 679,90
27,52% 1.827,46
Industri 1.578,28
704,28
Ekspor 752,70
14,24
Pupuk City Gas 8,42
11,89%
9,22
Kelistrikan
BBG 3,92
11,86%
Lifting - 500,00 1.000,00 1.500,00 2.000,00
2,93% DCQ Realisasi
Source: SKKM 2021 BBTUD
Source: Lawrence Livermore National Laboratory (https://flowcharts.llnl.gov/commodities/energy)
Natural gas plays important role in industry sector as feedstock

Lifting

Power

Refinery

Transportation

City Gas

Non-Industrial
Utilization

Natural Industrial
Gas Utilization

Notes:
Available in Indonesia
Unavailable in Indonesia
Priority Industry of
Ministry of Industry

Source: Ministry of Industry of RI

Source: Pertamina Team Analysis
Source: Pertamina Team Analysis
Indonesia’s gas infrastructure

• Indonesia has 4,619 km of operating gas pipeline

(4% of Asia’s and 29% of South-East Asia’s
• Indonesia is planning for gas infrastructure
development, both gas pipelines and LNG
infrastructures
Transmission Pipeline Development Plan
1 a. Cirebon – Semarang ± 260 km (APBN)
b. Dumai – KEK Sei Mangkei ± 360 km
c. WNTS – Pemping ± 5 km

2 Mini Regasification & FSRU/FSU&FRU (RUPTL 2019-2028)

Source: Grand Strategi Energi Nasional

World’s gas infrastructure Europe’s gas infrastructure

Europe has 257,156 km of operating

• The length of gas pipeline in gas pipeline (about a quarter of world’s total),
the worldwide is much larger yet Europe is still planning for pipeline
than oil pipeline (84% vs development of 36,532 km
16%).
• Top 5 are (in thousands km):
US (333), Russia (93),
Canada (85), China (76),
India (23)

Source: Global Energy Monitor

Global Energy
Outlook

17
 Without new policies, the world is tracking for COP 26 Outcomes Gas is the cleanest among Transisi energi tidak bisa ditunda-tunda.
more than 1.5 ºC warming Keep 1.5˚C within reach fossil fuels Perencanaannya, grand design-nya, itu harus mulai disiapkan
JOKOWI, 21/11/21
Gt CO2
Coal 820
2030
emission
cuts
Maintain 450 Ppm Oil 720 -40% Masa transisi energi harus Sesuai arahan Presiden, BUMN
Zero net
C02 Climate tetap mempertimbangkan telah menyiapkan road map
carbon
Finance
2050 supply & demand. ekonomi hijau & transisi energi
412 Ppm Nat Gas 490 Arifin Tasrif, 21/12/21 Erick Thohir, 6/1/22
C02 COP 26-
On 2020 UNFCC
Protect Biomass 230
The
ecosyste Roadmap transisi energi harus segera kita siapkan secara
Hidrogen
ms &
Initaitive konkrit, jelas dan detail. Untuk memperkuat fondasi menuju
Global habitats
Hydro 34 transisi energi. Nicke Widyawati, 10/12/21
Coal to
Clean
Power
Solar 5
Dalam Rencana Jangka Panjang, Subholding Gas berusaha menjadikan
IPCC, NOOA Climate COP 26 Takeways (Wood Mackenzie, CO2 emissions equivalen per gigawatt gas bumi sebagai energi bersih yang mengisi masa transisi ke EBT
2021) hour of electricity (IPCC,2014) Haryo Yunianto , 17/11/21

Natural Gas Advantages

Natural gas discharges less emissions Natural gas produce higher calorific value Reserves amount supports
Emission factors which drives energy efficiency national energy security

Calorific value of natural gas: 12500 kcal/kg

2x Higher than high-calorie coal (6000 kcal/kg) Indonesia’s natural gas reserves are 62,4 TcF, with
proved reserves are 43,6 TcF. The amount can be
relied upon to meet domestic needs and to reduce
1.2x Higher than diesel oil (10000 kcal/kg) fiscal burden due to energy imports.
Coal Oil Natural Gas

Source: Bappenas (2022)

Source: Cambridge University: The future of energy (2012)
Gasification is part of a parallel energy journey with the development of new and renewable energy

Global Energy Transition

Oil Gas Coal Renewables

725
625 625
24% 7%
14% 13%
26% 21% 2%
4%
17%
78%
60%
33%

Business Rapid Net Zero

As Usual

2050

22%
16%
31% 28%
3%
19%
53%
28%
Momentum Rupture

2050

30%
26%
20%
24%
ExxonScenario

2050 TPED : Total Primary Energy Demand

 • Encouragement from the
government to provide
multiplier effects for the
industry
• Gas pricing policy for certain
Acceleration on energy transition industries • Low demand growth & low utilization for existing
• The development of NRE is infrastructures
unstoppable • Lack of infrastructures in Central and Eastern Part
• The growth of NG demand is still in of Indonesia
accordance with the growth of NRE • Competitiveness among other energy sources
• Current gas business trends & opportunities
• Similar business value chain beyond NG
businesses

PERTAMINA
• Regulated gas allocation, gas
GAS • Expectation from regions to maximize the
price, and tariff for open-access gas demand for regional interest encourages the
pipelines establishment of partnership
• Permits throughout value chain • The study of competitive advantage, risk, and
technology has exposed partnership opportunities

• NG trading hub is being set up

around the world
• Beyond pipeline technology
• Digitalization, from Fragmented
to Integrated
Getting to Know
Pertagas Closely

22
PERTAMINA AS HOLDING CO.

23
@pertaminagas
Who We Are Visi
PT Pertamina Gas (“Pertagas”), salah satu perusahaan infrastruktur energi terbesar di Indonesia, dengan bangga memiliki dan
mengoperasikan jaringan pipa gas, fasilitas penyimpanan gas, fasilitas pemrosesan gas, ritel LNG, dan pipa minyak yang mendukung
kehidupan di Indonesia. PT Pertamina Gas didirikan pada tanggal 23 Februari 2007 dan saat ini sebagai bagian dari PT Pertamina Pemimpin Global dalam mengembangkan rantai pasokan gas
(Persero) dan Subholding Gas. dan berkomitmen untuk memberikan nilai berkelanjutan
kepada pemangku kepentingan
Pemegang Saham

51% 48,99% 0,01%

PT PGN Tbk PT Pertamina (Persero) PT Pertamina Pedeve Indonesia Misi
Dewan Direksi
1. Mengembangkan yang terbaik dalam kelas infrastruktur
gas
2. Melakukan operasi ramah lingkungan dan aman
3. Berinvestasi dalam teknologi dan inovasi
4. Menarik dan mengembangkan tenaga kerja berbakat

Tata Nilai

Gamal Imam Santoso Rigo Supratman Agung Indri Pramantyo Kusdi Widodo Rosa Permata Sari

Direktur Utama Direktur Keuangan dan Direktur Strategi & Direktur Teknik dan AKHLAK adalah singkatan dari Amanah, Kompeten, Harmonis, Loyal,
Direktur Komersial
Dukungan Bisnis Pengembangan Bisnis Operasi Adaptif, dan Kolaboratif.

24
 Segmen Bisnis & Anak Usaha
Rekam Jejak Bisnis Pertagas

8 Area Operasi

Retail & Trading Infrastructure Gas Sourcing

Our Subsidiary / Joint Venture Our Core Business Model

Pipeline
▪ Pertamina Gas 99 % Perjanjian Pengangkutan Gas
▪ PHE 1%
LNG Perjanjian Pengangkutan Minyak
▪ Pertamina Gas 99.95%,
▪ Pertagas Niaga 0.05%
Perjanjian Jual Beli Gas
LPG
▪ Pertamina Gas 65%,
Peran Strategis Per tagas di Indonesia ▪ Indonesia Power 35% Perjanjian Pemanfaatan Terminal

CNG ▪ Pertamina Gas 66%, Perjanjian Jual Beli LPG

▪ STI Corp 34%
56% Perjanjian Pemanfaatan Fasilitas

15 Provinsi
Penguasaan
Pasar Transmisi
25 Proyek
dalam 5
tahun
+ Perta Kalimantan Gas
(status: Beku Operasi)
Gas

Sukses dalam pengembangan infrastruktur gas di Indonesia

603 Pipanisasi Minyak 2804 Pipanisasi Gas
km Tempino & Rokan km 62 segmen Pionir LNG Retail di Indonesia melalui PTGN
Integrator infrastruktur di Sumatera Utara
Regasifikasi LNG
Pionir Terminal LNG Hub di Indonesia melalui PAG
1130 Produksi LPG 405
ton/day Plant PSG & MKS mmscfd Kapasitas Sukses dalam Impelementasi Sinergi BUMN melalui PDG

29 Kompresi Gas 77 Niaga Gas

bbtud Tambak Lorok, Bitung, ADK bbtud Pipa, LNG, CNG
Pendapatan Usaha 2021 Laba Bersih 2021
127
Thou M3
Arun LNG Hub
Kapasitas Plant
2 LNG Filling Station
Arun, Badak, 157 ISOTanks
541.4 USD Juta 127.2 USD Juta
25
Strategic
Directions
 Key Challenges Pertamina Gas’ responses
• Declining production and limited new • Increasing connectivity and integration to others infra, gas sources and
Domestic gas discoveries causing low infra demand
Supply utilization • Increasing focus on CNG, LNG, and power solution
• Supply-Demand Mismatch
• Boost pipeline integration through oil & gas management system
• Fragmented point to point becomes
integration and digital transformation
integrated (network)
• Leader in developing Asset Integrity Management Systems (AIMS)
Infrastructure • High availability, reliability, accuracy,
• Leader in developing beyond pipeline infrastructure, especially in
uniformity gas composition
underserved regions like East and Central Indonesia
• Aging infrastructure
• Governance, Risk & Compliance Portfolio Management

Corporate • Difficulty in making long-term demand
projections as anchor customers are not
likely to be traditional consumers
Demand • Low capacity to pay of domestic
Projection buyers which is combined with low oil
prices and subsidized retail prices
• Low demand growth
• Shifting to become more customer-centric, adopting a micro-market
approach
• Providing innovative pricing schemes, linked to volume and length of
contract
• Strengthening business development, initiatives, and new ventures
• Adaptive business model
• Developing market

• Regulated pricing • Developing synergy with the government to come up with new fiscal
• Regulated tariff regimes, tax and other incentives to drive more infra development
Regulation • Cost leadership
• Complexity permit
• Reducing dependency on regulated business

Increasing competition from renewables as an • Partnering to provide integrated energy solutions for customers including
Energy alternative energy source renewables and gas-based energy to meet their demand while optimizing on
Renewable Era
Outlook costs
 Global leader in developing gas supply chain and committed to providing sustainable value to stakeholders

Mission
• Develop best in class • Attract and develop • Invest in technology and • Conduct environment-friendly
gas infrastructure talented workforce innovation and safe operations

Strategic Directions #1 Strategic Directions #2 Strategic Directions #3 Strategic Directions #4

Maximizing Competitive Advantage Advancing Business Development Enhancing Human Capital for Enhancing Subsidiary &
Through Infrastructure Footprint and Business Initiatives Dynamic & Innovation Capabilities Affiliation Role

Key Initiatives Key Initiatives Key Initiatives Key Initiatives

• Monetizing the whole infra/asset
capacity including creating any single
related new business
• Operation excellence by developing
Asset Integrity Management System
(AIMS)
• Increasing infrastructure connectivity &
integration within Pertamina Group
• Cost Leadership
• Selecting new project by building
maturity system
• Business extensification supported by
company capabilities
• Identifying and cooperating with
relevant key partners to provide total
energy solutions offering
• Reducing dependency on pipeline
business, developing beyond pipeline
business
• Alligning organization within
Subholding Gas
• Talent management & resources
optimization
• Continuous Improvement Program
• Technology Management
• Becoming more customer-centric and
adopting micro-market approach
• Leveraging the role of Pertagas’
Subsidiaries/JVs through their
competitive advantage
• Improving synergy among subsidiaries
within Subholding Gas
• Improving adaptive business model

Key Enablers
• Integrated Governance, • Culture & Value • Strong Financial Capabilities • HSSE Beyond Culture • Community Development
Risk, Compliance and Stakeholder Relations
Translating
Strategy into
Action
 GOALS HOW ? Operational Integration New Development
• Accessibility 1. Create regional hub
• Affordability 2. LNG facilities & gas pipeline connectivity Fragmented Network
• Acceptability 3. Virtual gas account Pertagas has identified
(point to point Connection
• Availability 4. Implement reliable and high end
connection) 41 New Infrastructure
natural gas measurement system (rolling plan)
• Sustainability 5. Setup natural gas management
Projects, which 6 of
system them are transmission
2018 Initiation of gas pipeline integration between
6. Ensure uniformity gas composition
Pertagas & PGN projects.
▪ 24 of them are
potential projects
Operational simulation to support RU Balongan &
2019 ▪ 17 others are still
Tj. Priok Power Plant
being prospected
Arun
P. Batu
Integration plan to support Pupuk Kujang
AAF & KKA Belawan 2020 Cikampek & RU Balongan
Tarakan
Wampu

Bontang • Integration implementation in West Java (10 –

KIM
180 mmscfd)
1 KEK Dumai
Singapore Tj. Santan
• Integration implementation in Central Java
Balikpapan between Pertagas pipeline, KJG pipeline, and
Duri Senipah 2021 PGN pipeline (30 – 55 mmscfd)
2 • Integration planning in East Java between
Grisik Tanjung
5
Grissik
Palembang FSRU Teluk Lamong & Pertagas pipeline (30
mmscfd)
Kepodang ✓ Integration implementation in South Sumatera
3 M. Karang Pagerungan 2022 (90 mmscfd)
Porong onward
✓ Next integration implementation with RDMP
Cirebon Semarang Bali & NT Project & industrial development
Tegalgede Gresik

Infrastructure Integration Clustering

4
KJG PGN 1 Grid-North Sumatera 3 Grid-South Sumatera – West Java 5 Grid-Kalimantan
TGI Pertagas
2 Grid-Central Sumatera 4 Grid-Central Java-East Java
 Pertagas Niaga Footprint TRANSPORTATION MARKET
: Pipeline Gas
: LNG
: CNG
:City Gas
Road transportation
(trucking) LNG for industry LNG microbulk for
hotel/restaurant/cafe

Rail transportation
LNG
LNG for mall/
for transportation
hotel/apartment

2 LNG Filling Stations:

Arun (12 isotank-20ft/day) and Bontang (36 isotank-20ft/day & 7 isotank-40ft/day)
Shipping & other
transportation
LNG for workshop LNG for co-gen

LNG CNG PIPELINE GAS CITY GAS Potentials to be served

PARCEL Sumatera, Balikpapan, North Sumatera, South Aceh, South
& Java Sumatera, West Java Sumatera, Kalimantan, 500 Horeka
North Sumatera,
West Java, (45 customers, 1.790 and Central Java, East Sulawesi, West Java 15 Industrial Parks
Java and East Java
Kalimantan, Eastern BBTU) 30 nickel smelter industries
Indonesia Region (23 customers, 19.096 (192.689 SR , 703
(13 customers, BBTU) BBTU)
16 bbtud)
Arun LNG Regasification & Terminal Hub is….. LNG Hub Arun Development Plan
1 the world's first conversion from LNG Plant to LNG Regasification terminal
Regasification (PLN & PIM) &
1
2 the first LNG Hub Terminal in Indonesia Potential Users
LNG Hub (operation-phase) and
2
new tanks development for
international & domestic markets
3 Gassing up & cooling down

Utilities provider for upstream tail

4
gas processing & condensate
facility
LNG Filling Station to support
5
small-scale LNG

6 O&M Terminal Facility

7 LNG & Fuel Oil Bunkering

8 Cold Energy Utilization

Gas Processing Operatorship for

9
K3S

10 Land-based logistics, for HSD

storage and ballast storage
11 Plant support services

12 Training & Consulting

Sinergi BUMN Melalui Perta Daya Gas – Penyediaan Infrastruktur Gas untuk Pembangkit Listrik PLN

Sejak tahun berdiri hingga Desember 2021, Perta Daya Gas telah Tahun 2021, Perta Daya Gas telah berhasil menyalurkan gas ke PLTMG Sorong 50 Perta Daya Gas menjadi badan usaha pertama dan satu-satunya yang
mencatatkan pencapaian 1.438.268 Jam Kerja Aman. MW (Papua Barat) yang merupakan salah satu titik lokasi dari Proyek Quick Win mendapatkan Hak Khusus Pengangkutan Gas Bumi melalui Pipa
sesuai Keputusan Menteri ESDM No. 13K/13/MEM/2020. berdasarkan Penugasan dari Menteri Energi dan Sumber Daya Mineral
Republik Indonesia.
Business development encourages Pertagas to grow and sustain

Gas Transportation Volume (MMSCFD) LPG Production Volume (Ton/day)

+8% Gas transportation +19% LPG production

1.697 1.768 1.798 1.961 volume is projected volume is projected to
1.365 1.611 1.591
to grow 8% and 1.321 1.501 grow 19% and reach
reach 1961 621 712 659 1501 MMSCFD in
2022 2023 2024 2025 2026 2027 MMSCFD in 2027 2027
2022 2023 2024 2025 2026 2027

Oil Transportation Volume (Thousands Barrel) Regasification Volume (BBTUD)

+33% +3%
477 Gas transportation Regasification volume
301 332 volume is projected 120 153 142 142 142 142 is projected to grow
113 158 165
to grow 33% and 3% and reach 142
2022 2023 2024 2025 2026 2027 reach 477 thousands BBTUD in 2027
BOPD in 2027 2022 2023 2024 2025 2026 2027

Gas Trading Volume (BBTUD) LNG Hub Volume (Thousands m3)

+9%
790
121 129 Gas trading volume +44,6%
85 95 104 113 610 LNG hub volume is
is projected to grow
430
665 projected to grow 45%
9% and reach 129 485
250 and reach 790
2022 2023 2024 2025 2026 2027 BBTUD in 2027 125 125
305
125 thousands m3 in 2027
125 125 125 125
2022 2023 2024 2025 2026 2027
Introduction of
Feasibility
Study
 SCOPE OF WORK

Hand Over
Strategy &
Pengembangan Bisnis
Joint Study Feasibility Study FID FASE PROJECT Investasi dan
Post Mortem

Strategi & Rencana Bisnis Joint Study Feasibility Study

Merumuskan strategi & rencana Pemetaan terhadap peluang Menentukan kriteria/parameter

alternatif scenario Kerjasama dengan pihak lain dalam pengukuran pencapaian
pengembangan bisnis program pengembangan bisnis

Analisis Data peluang-peluang Menyusun rencana join study & Melakukan studi kelayakan
bisnis koordinasi dengan pihak terkait pengembangan bisnis

Screening potensi Melakukan kajian/study terkait Melakukan Analisa kelayakan

pengembangan bisnis peluang bisnis pendukung : financial study, risk
assessment etc

Mapping bisnis eksisting & Melakukan monitoring dan Menyusun proposal

Pengembangan Bisnis tindaklanjut hasil joint study pengembangan bisnis
 HOW TO ACHIEVE FID?
GRT
Gate Review Team Tahap I & II (Internal & SHG) FID
Maturitas Usulan Investasi & Kelengkapan Berkas FID

FEED
Kajian Desain Teknis
Layout, Simulasi Proses, Desain Teknis, Skema Operasi

PERMIT & LEGALITY

Perizinan (Lingkungan & Komersial)
UKL/UPL, AMDAL, Persiapan Lahan, Izin Niaga etc

BUSINESS SETTLEMENT
Perikatan Komersial Hulu & Hilir
PJBG Pemasok Gas (Hulu), PJBG Konsumen (Hilir),
Perjanjian Pemanfaatan Fasilitas, GTA etc
.
STUDY
Feasibility Study, Financial Study, Risk Assessment
Kajian Kelayakan, Perhitungan Keekonomian,
Penentuan Faktor Risiko, Survey & Estimasi CAPEX
 Apa itu Pre/Feasibility Study
Ref. Pedoman Investasi A-003/PG2100/2020-S9

Kajian Awal/ Aspek-Aspek dalam

Feasibility Study
Preliminary Study FS :
Pre / Feasibility Study Adalah kajian pendahuluan atas usulan Kajian pada Tahap Kajian Lanjut • Aspek umum
Investasi yang disusun oleh Fungsi yang lebih komprehensif dan rinci • Aspek hukum dan
Pengusul di Tahap Inisiasi atau Tahap untuk menilai kelayakan peraturan
Seleksi, yang menggambarkan uraian implementasi sebuah usulan • Aspek sumber daya
singkat mengenai tinjauan suatu peluang Investasi yang menggambarkan manusia
Investasi dari berbagai aspek dalam uraian lengkap peluang Investasi • Aspek pemasaran
rangka memberikan masukan dan bahan dari berbagai aspekyang dapat • Aspek bahan baku
evaluasi oleh Tim GR untuk menilai mempengaruhi investasi sebagai • Aspek strategis
kelayakan atas rencana pengeluaran bahan evaluasi oleh Tim GR • Aspek teknis dan operasi
biaya yang diperlukan dalam pelaksanaan hingga di tingkat Subholding Gas • Aspek keuangan dan
Investasi. keekonomian
• Aspek risiko
• Aspek lainnya (apabila
diperlukan)
 Financial Study/Keekonomian
Nama Proyek Pipa DME Net Present Value 63.308.132

Financial Pengusul
Tahun Mulai Proyek
Tahun Akhir Operasi
Jan
Dec
PT Pertamina Gas
2024
2044
IRR
MIRR
Profitability Index
Discounted Payback Period
#VALUE!
#VALUE!
#VALUE!
#VALUE!
Tahun Evaluasi 2022

Study
Net Present Value Risk Adjusted 63.308.132
Corporate Tax 20% IRR Risk Adjusted #NUM!
Pertamina Portion 100% MIRR Risk Adjusted #DIV/0!
Profitability Index Risk Adjusted #DIV/0!
Target Selesai EPC Dec 2023
Discounted Payback Period Risk Adjusted (2.024,00)
Satuan Mata Uang USD Penuh
Keterangan 2024 2025 2026 2027
Exchange Rate 14.028 14.600 14.028 14.028
ICP
Hurdle Rate 11,19% 11,19% 11,19% 11,19%
Risk Premium 0,00% 0,00% 0,00% 0,00%
Discount Factor 11,190% 11,190% 11,190% 11,190%
-

Revenues
Keterangan 2024 2025 2026 2027
Revenue 1 Sales Revenue 23.811.840 23.811.840 23.811.840 23.811.840
Price per Quantity Toll fee Ton/Day 16,00 16,00 16,00 16,00
Growth Rate

Quantity Sold 1-1 Operation Days in year 312 312 312 312
Growth Rate
Quantity Sold 1-2 Ship or Pay 90% 90% 90% 90% 90%
Quantity Sold 1-3 Volume DME Ton/Day 5.300 5.300 5.300 5.300

Costs
Keterangan 2024 2025 2026 2027
Cost 1 O&M (% of Capex) 5% 9.079.561 9.261.152 9.446.375 9.635.302
Cost per Quantity Fixed Cost per year 9.079.561 9.261.152 9.446.375 9.635.302
Growth Rate

Quantity 1-1 100% 100% 100% 100%

Growth Rate 2% 2% 2% 2%
Quantity 1-2
Risk Management
Ref.
1. TKO Penyusunan Risk Register No. B-
011/PG2100/2020-S9
2. Pedoman Manajemen Resiko No. A-
001/PG0500/2014-S0
Gas is future energy source
with its advantages:
• Cleaner than oil & coal
• Discharges less emissions
• Drives energy efficiency
(with higher calorific value)
• Reserves amount supports
energy security
The only downside of gas Pertagas has strategic With its strategy,
is the liquidity. roles in gas business to Pertagas can achieve
Gas supply chain is more support the achievement both energy transition
challenging than oil, of energy transition goal and company
innovation in technology growth targets
and strategic initiatives
development are
necessary
 Road to be Global Leader in Developing Gas Supply Chain

Thanks
Our Head Office
Grha Pertamina, Pertamax Tower, 20-23rd Floor
Jakarta, Indonesia

pertaminagas www.pertagas.pertamina.com

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