JAKARTA Yosefardi) – UOP LLC, a Honeywell company, will help PT Pertamina (Persero), the national oil and natural gas company of Indonesia, develop a master plan to modernize the state-owned company’s refineries.
Honeywell’s UOP, a recognized global leader in refining and petrochemical technology, will develop a recommendation, called a “bankable feasibility study,” for the modernization of Pertamina’s five largest refineries, an effort partially funded by a $1.07 million grant from the U.S. Trade and Development Agency (USTDA).
Karen Agustiawan, president director of PT Pertamina, said, “Pertamina recognizes the need to modernize its refining infrastructure to meet the rising demand for energy and petrochemical products in Indonesia, while strengthening national oil security and reducing our nation’s reliance on imports.”
Agustiawan said the company is evaluating plans for a centralized terminal for crude imports as well as upgrading the company’s five main refineries to allow them to process heavier, lower-quality crude oil.
The refineries to be studied are Balikpapan, East Kalimantan; Cilacap, Central Java; Dumai, Riau; Plaju, South Sumatra, and Balongan, West Java. The company also operates a sixth smaller refinery in West Papau with a capacity of 10,000 barrels per day. Pertamina’s total refining assets have a capacity of nearly 1 million barrels per day.
The company’s last new refinery was built in 1994 in West Java. The company recently completed a feasibility study for a seventh refinery, which the company hopes to complete and open in 2018. Pertamina is Indonesia’s largest state-owned enterprise, active in both upstream and downstream sectors of the oil and gas industry.
Honeywell’s UOP has been involved in the Indonesian oil and gas industry for more than 40 years and has licensed many of the technologies currently used in Pertamina refineries.