by Yohanes Obor | Nov 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Government of Indonesia plans to build 4 oil refineries with capacity of 668,000 barrels per day and investment cost of US$23.6 billion. That oil refineries are located in Medan (North Sumatera), Bontang (East Kalimantan), Cilacap (Central...
by Yohanes Obor | Nov 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Electricity tariff for household (category one) with 1,300 volt ampere (VA) and 2.200 VA power capacity will be raised by 11% or Rp157 per kilowatthour (kWh) starting December 2015. This is part of tariff adjustment for next month period....
by Yohanes Obor | Nov 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Pertamina Geothermal Energy (PGE) allocate capital expenditure (capex) of US$644 million for funding its operation and business development next year. Irfan Zainuddin, president director of PGR, said the capex will fund the existing...
by Yohanes Obor | Nov 25, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina allocates capital expenditure (capex) of US$6 billion for 2016, higher than 2015 capex of US$4.4 billion as the company has new projects both upstream and downstream. Of total capex for 2016, upstream...
by Yohanes Obor | Nov 24, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Berau Coal Energy Tbk (BRAU) plans to launch tender offer for buying back its bond worth Rp12.35 trillion. The bonds consist of Guaranteed Senior Secured Notes US$450 million (Rp5.85 trillion), issued by Berau Capital...
by Yohanes Obor | Nov 17, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Government targets to auction Umbulan water project (East Java) in December this year, starting construction next year. This project has gained principal permit and Viability Gap Fund (VGF) (Rp830 billion) from the finance ministry and...
