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Pertamina can maintain the production of Rokan Block at at least 207,000 barrels a day
REPUBLIKA.CO.ID, JAKARTA – The Rokan block will be operated by Pertamina in 2021 for the next twenty years. The new Rokan Block management contract will use a raw sharing scheme. The Minister of Energy and Mineral Resources (ESDM), says Arcandra Tahar, believes that Pertamina offers a discretion (part of the sharing system) of 8% of the total business figure. before. However, overall, Pertamina's proposed allocation to the government is 48%
"The total distribution base is the same, the variable part can already be calculated, the details we will share progressively depends on the production and the price of the decided, although there are other considerations, but comparable considerations on the commercial side, and on the part of the state, is 48% of the government for 20 years said Arcandra at the ESDM office Tuesday (31/7).
See also, Pertamina officially manages the Rokan Block until 2041
Arcandra also explains the current proven reserves of the Rokan Block at 500 million barrel of oil equivalent to 1.5 billion barrel of oil equivalent . With such reserves, at least Pertamina can maintain the production of Rokan Block at least 207,000 barrels a day over the next 20 years
However, the supply of Pertamina's production aims at how much revenue a month, says Arcandra . provisions to be finalized this week. "The government has decided that after signing the PIC contract with Pertamina, the focus will be on cooperation between Chevron and Pertamina as a future contractor to carry out transactions in order to maintain production levels", said Arcandra
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