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Accelerate Pertamina Upstream Business Development, By Promoting Exploration

PT Pertamina (Persero) to develop its upstream business because of the existing oil and gas wells in Indonesia is currently only manage 20 percent.

President Director of PT Pertamina (Persero), Soetjipto said, one of which is the focus of today's Pertamina is accelerating the development of the upstream business, to encourage exploration.

"Accelerating the development of the upstream business. We hope to strengthen so that a more active upstream exploration," said Dwi, the end of the year when the irradiation performance of Pertamina, Pertamina Central Office, Jakarta, Wednesday (12/31/2014).

Soetjipto revealed, the portion of the management of oil and gas wells are given Pertamina must increase because currently only manage 20 percent of oil and gas wells in Indonesia.

"To anticipate that the upstream portion can be better. This time of national production, which is managed by Pertamina 20%, it is too small," said Dwi.

"We hope to get the chance to operate the blocks that contract runs out. Or we should actively develop new wells," he concluded

Soetjipto hope that the Government provide the opportunity to Pertamina to manage oil and gas blocks whose contract is running out, so that the portion of Pertamina in managing oil and gas wells in the country increased.
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