JAKARTA (TheInsiderStories) – Indonesia’s state-owned energy producer, PT Pertamina will increase refinery capacity to 2 million barrels per day on the modernization and construction of Pertamina’s Refinery Development Master Plan (RDMP) and Grass Root Refinery (GRR). This figure has doubled from the current capacity of 1 million barrels per day.
Pertamina’s Processing & Petrochemical Megaproject Director Ignatius Tallulembang said Pertamina made RDMP & GRR two focus strategic initiatives in the direction of world-class oil and gas companies.
“As the main agent of national energy development in Indonesia, Pertamina aims to become a world-class oil and gas company in 2025,” Tallulembang said in a press release on Thursday (05/16).
To reach the world-class standard, Pertamina will increase refinery capacity through the construction of four RDMPs and two GRRs as well as integrating them into petrochemical plants to develop new businesses with the support of reliable human resources, the latest world-class technology, he adds.
RDMP and GRR megaproject, he said, will simultaneously increase the ability to process crude from sweet crude to sour crude with a sulfur content of around 2 percent. In addition, increasing Yield of Valuable to around 95 percent from the previous 75 percent.
The refinery will produce environmentally friendly fuel products of the Euro5 standard and Petrochemical products ranging from 6,600 Kilotonnes Per Annum (KTPA) from the previous 600 KTPA so that it can significantly reduce imports of petrochemical products.
With the presence of these two large projects, he hopes to be able to increase oil production so that 100 percent meet national energy needs and support the growth of the petrochemical industry and strengthen Pertamina’s downstream business.
Pertamina continues to try to increase the Domestic Component Level because the project being run has high standards of material and service requirements, for the megaproject currently being run by Pertamina.
“Therefore, Pertamina also needs domestic manufacturing manufacturers, in order to improve its performance in various aspects, such as product specifications, timeliness to price,” he ended.
Written by Lexy Nantu, Email: email@example.com