Vice Chair of House Commission VII, Eddy Soeparno, in a Hearing at Nusantara I Building, Senayan, Jakarta, Wednesday (27/3/2024)

PARLEMENTARIA, Jakarta - A hearing was held by the House Commission VII overseeing energy, mineral resources, research and technology, with President Commissioner of PT Pertamina Hulu Energi (PHE) and President Commissioners of PHE Sub-Holding companies. Led by the Vice Chair Eddy Soeparno, the meeting resulted in six conclusions.

As a start, Commission VII expressed its appreciation for the performance of the President Commissioner of PT PHE in 2023 by contributing 68% to national oil production and 33% to national gas production, scoring ‘big fish’ oil and gas discovery, acquiring participating interest in the Masela Block, and implementing Enhanced Oil Recovery (EOR) and Carbon Capture Utilization and Storage (CCUS).

“Commission VII urges PT PHE to maximize oil and gas production to support the national oil production target of 1 million barrels per day (BPOD) and 12 billion standard cubic feet per day (BSCFD) in 2030,” said eddy while reading the second point of conclusions, which was agreed upon by all participants at the meeting held at the Nusantara I Building, Senayan, Jakarta, Wednesday (27/3/2024).  

Additionally, Commission VII urges PT PHE to improve communication with Commission VII to help the company overcome challenges in achieving oil and gas production targets. This includes accelerating environmental permit approval and land clearance process to increase oil and gas production.

Moreover, the Commission also called on PT PHE to support the Abadi Masela project, allowing it to start production according to the target in 2029. Commission VII made special remarks in this regard and requested the President Commissioner of PT PHE to contribute to the increase in national oil and gas production in line with the increase in PT PHE’s assets.

“Commission VII requests the President Commissioner of PHE and all regional Directors of PT PHE to provide the responses in writing to all the questions from Commission VII members and submit them by 3 April 2024,” concluded the National Mandate Party politician in closing the Hearing. (ayu/aha)