» Reading IORA from another side of geopolitics » Indonesia and Indian Ocean geopolitics » Reports of world class athletes' doping allegations potentially used as a political tool to destroy the reputation of competitors' athletes » Saudi Arabia's geopolitical strategy in cooperating with Japan-Indonesia-China to secure Silk Road » North Korea's medium range missile launch increasingly escalates conflict on the Korean Peninsula

Strategic Industry
Pertamina, Adaro sign strategic alliance agreement

State-owned oil and gas company PT Pertamina (Persero) and publicly listed mining company PT Adaro Energy Tbk on Wednesday signed a strategic alliance agreement to optimize fuel infrastructure to boost energy security.

Pertamina president director Dwi Soetjipto and Adaro Energy president director Garibaldi Thohir signed the agreement at the Energy and Mineral Resources Ministry in Jakarta.

State Enterprises Minister Rini Soemarno and Energy and Mineral Resources Minister Sudirman Said witnessed the signing. The ministry’s director general for oil and gas, I Nyoman Wiratmadja, was also present.

“The government really appreciates what Pertamina has done to increase the operational reserves of the company, which today is still the government’s pillar for ensuring national energy resilience, especially fuel,” said Sudirman as quoted by Antara in Jakarta on Wednesday.

The minister said national energy reserves had relied on reserves managed by Pertamina for some 22 days.

“Along with our efforts to boost national fuel security, the reserves must be able to be increased to 30 days, and these efforts will need adequate infrastructure support,” said Sudirman.

He added that the Pertamina-Adaro Energy agreement would hopefully spur more cooperation between state-owned enterprises and private companies.

Sudirman further said that the government had identified several fuel storage infrastructure facilities Pertamina could use, such as state electricity company PLN’s storage tanks, which have sat unused after the company's shift from fuel to coal and gas.

Related Article
» The classification of professionals and party professionals: An entrance of neoliberal economic technocrats in Jokowi-JK government
» Freeport agrees to contract renegotiation points


Advance Search

   Hot Isue»
Reports of world class athletes' doping allegations potentially used as a political tool to destroy the reputation of competitors' athletes

ASEAN could defeat both America and Europe

The US military maneuvers in the Korean Peninsula must immediately be resisted by the Indonesia's Ministry of Foreign Affairs and political and security stakeholders

Questioning the feasibility of Indonesia-Ukraine defense cooperation

China plays environmental issues to destroy its business competitors in nuclear technology sector in Indonesia

Seeking South Korea-North Korea peaceful solutions inspired from 1955 Bandung Declaration

Read More »
It Needs Government Firmness to Handle Radical Organization

Can we Reach 6.1% Economic Growth in 2018?

Five dead, around 40 injured in UK parliament 'terrorist' attack

Approaching the Ballot of the Second Round of the Regional Election of Jakarta

Mental Revolution to Prevent the Danger of Communism

Controversy of Freeport Existence

Togetherness in Deradicalization

Spreading the Radicalism: Real Threat to Sovereignty of Indonesia

Jokowi criticized for not taking side of indigenous people

Indonesia and Indian Ocean geopolitics

Read More »
   Book Review
Author : Hendrajit, Dkk
Japanese Militarism : Japan, Between Love And Resentment

A book entitled Japanese Militarism and Its War Crimes in Asia Pacific Region (Hendrajit, ed) was recently sent to me, by the publisher, The Global Future Institute. No doubt, this book made me re-think and recollect my trip to Japan in 1996. At that time, I was warmly received by Japanese families who became my host, invited to travel to various places, and bought souvenirs. The psycological effect of my short visit is that it is hard to imagine that the Japanese people were cruel ones, perpetrators of the massacre of our ancestors, raping Indonesian girls, making them as prostitutes and enslaving our grandfathers to work on various projects.

Read More »