Page 16 - AsianOil Week 29 2021

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SOUTHEAST ASIA Chandra explained that Pertamina entire equity interest in Fortuna International
RU Balikpapan has a strategic position Petroleum Corporation.
Donggi Matindok Field’s PEP in Indonesia. “The Balikpapan refinery is HIBISCUS PETROLEUM, July 14, 2021
currently the second largest refinery owned
Gas Production Reaches by Pertamina. Its production capacity reaches EAST ASIA
260 thousand barrels per day, or about 25
128% percent of the national refinery capacity. The
products are mainly intended to meet fuel
The achievements of semester 1 show that needs in eastern Indonesia,” he said. Sinopec closes the first
Pertamina EP Donggi Matindok Field (PEP In addition to carrying out the main task massive deal transaction
Donggi Matindok Field) has recorded a of producing gasoline and gasoil products,
brilliant operating record and performance. Pertamina RU Balikpapan also produces high of the Chinese domestic
Management realizes that this achievement quality products. “The refinery’s ability to
is the result of the hard work of all employees produce high-quality products can also be a carbon market
and partners both in the office and in the field. sign of how competitive our refinery is,” he
To increase morale and performance, Zone 13 explained. Sinopec successfully closed the first Chinese
Management visited and greeted workers and Several high quality products produced by domestic carbon market massive deal
partners at CPP Donggi and CPP Matindok. Pertamina RU Balikpapan include High Speed transaction on July 21, with the purchase of

The performance of PEP Donggi Matindok Diesel 50ppm (HSD 50 ppm), Net Bottom 100,000 tons of carbon emissions quota of
Field is very good, the realization is above the Fractionator (NBF), Smooth Fluid (SF) 05, China Resources Group. According to official
target. “In 2020 the realization of oil and gas Low Aromatic White Spirit (LAWS) and transaction data released by the Shanghai
production and lifting are 110% and 101% of the Marine Gasoil (MGO) Low Sulfur . Energy and Environment Exchange (SEEE),
target, respectively. PEP Donggi Matindok Field Chandra then explained the advantages this was the first bulk deal transaction since
won the award for achieving condensate lifting of each of these products. HSD 50 ppm is a the official launch of the Chinese domestic
above 100% for two consecutive years (2019 and high quality diesel fuel with low sulfur content carbon market and the only bulk deal
2020) from the President Director of PT Pertamina according to EURO IV standards. NBF is the transaction of the day.
EP. Until mid-July 2021, the realization of gas basic ingredient for making lubricating oil. A total of 17 Sinopec subsidiaries have
production was 128% and condensate was 121% Then LAWS is a solvent or solvent with a low their self-supply power plants included in the
above the set target,” Imam Nur Akbar, General aromatic content. “This solvent is commonly national carbon market, among which four
Manager of Zone 13, said. used as raw material for paint, ink, cleaning, companies; Sinopec Shengli Oilfield, Sinopec
Imam Nur Akbar and the Management adhesive and tire retreading factories,” he said. Maoming Petrochemical, Sinopec Shanghai
Team consisting of Production & Project Pertamina RU Balikpapan also produces Petrochemical and ZTHC Energy participated
Senior Manager M. Firdaus Sabaruddin, products used in drilling activities. “The in the first day of carbon trading. Sinopec’s
Donggi Matindok Field Manager Abidzar SF-05 product is a mixture used for drilling carbon trading business is operated by its
Akman, HSSE Manager Ardyan Cahyo, mud. This product is an environmentally wholly owned subsidiary China International
Production Engineering Manager Hendro friendly product because it has low sulfur and United Petroleum & Chemicals (UNIPEC)
Pratomo, and Drilling Manager Rama Aditya aromatic content. This product is a special as the main operating body, uniformly
greeted workers in several areas, including product because it can only be produced by transacting Sinopec system companies on the
Wolay-001 and Wolay-002 Exploration the Balikpapan Refinery,” he said. domestic carbon market.
Wells, drilling location for Exploration Well PERTAMINA, July 18, 2021 Sinopec actively participates in the
WPY-01, Donggi-3 Production Well, Donggi establishment of pilot carbon markets and
Central Processing Plant (CPP), the location Hibiscus receives waiver/ the Chinese domestic carbon market ,
of the Mansahang River HDD Project and carried out system-wide carbon emissions
also a CSR partner of DMF. expiry of pre-emption rights inspections and established a carbon
PERTAMINA, July 22, 2021 emissions data accounting system in 2012,
and started the development of a carbon asset
Pertamina RU Balikpapan for Repsol acquisition management information system in 2015
Hibiscus Petroleum is pleased to announce
to effectively improve carbon accounting
produces world class that its indirect wholly-owned subsidiary, efficiency and data accuracy. All Sinopec
Peninsula Hibiscus had, on 13 July 2021,
pilot companies have completed their carbon
products been informed by Repsol that the condition quota compliance tasks in full, and have
precedent relating to the waiver/expiry of
accumulated vast experience to enter the
Pertamina RU Balikpapan continues to develop the pre-emption rights held by Petronas national carbon market.
its capabilities. In addition to producing fuel in Carigali and PetroVietnam Exploration SINOPEC, July 22, 2021
the form of gasoline and gasoil for domestic fuel Production (PVEP) under each of the
needs, Pertamina RU Balikpapan also produces relevant joint operating agreements, has Kawasaki receives Thai gas
high quality products. been satisfied.
“These high-quality products are one of This condition precedent forms part engine order
Pertamina’s answers to the demands of the of the approvals required in respect to the
processing business,” said Pertamina RU conditional sale and purchase agreement Kawasaki Heavy Industries announced
Balikpapan Area Manager Communication, entered into by Peninsula Hibiscus with today its receipt of an order from Singapore-
Relations & CSR Ely Chandra Warinangin on Repsol on 1 June 2021 for the proposed based Jurong Engineering Ltd (JEL) for four
July 16. acquisition by Peninsula Hibiscus of the Kawasaki Green Gas Engines to be used in

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