[iagi-net-l] gimana ya kira2 akhir dari Cepu
Monday May 2, 2:50 PM INTERVIEW: Indonesia Min Sees Progress In Exxon Dispute By Phelim Kyne Of DOW JONES NEWSWIRES JAKARTA (Dow Jones)--Exxon Mobil Corp. (XOM) of the U.S. and Indonesia's state-owned petroleum firm Pertamina (PTM.YY) have made "significant progress" toward resolving a long-running investment dispute that has tainted investors' perceptions of Indonesia, Minister of State Enterprises Sugiharto said recently. The government hopes to reach an agreement "as soon as possible" on extending Exxon's contract to develop the country's largest untapped oil field in Cepu, East Java province, Sugiharto told Dow Jones Newswires. Pertamina's 11-member Cepu negotiating team resumed talks with Exxon late last month in a bid to resolve the dispute by an official May 20 deadline and Sugiharto said an agreement was likely within "months, not years." "The mutual interest...(of) the government, Pertamina and Exxon is to monetize as soon as possible the strategic reserves that have been discovered on the Cepu blocks," Sugiharto said. "That would also give certainty to any investors...(because) this (dispute) isn't good for Indonesia." Exxon Mobil Oil Indonesia Inc. declined to provide specific comment on Sugiharto's comments, but instead released a statement to Dow Jones Newswires that said the firm is "committed to reaching an equitable and amicable resolution of Cepu issues...(and) bringing this important resource to market." The statement didn't elaborate. Efforts to contact Pertamina's lead negotiator in the Exxon talks were unsuccessful The dispute over the Cepu oil field, with estimated reserves of about 600 million barrels of crude oil, has been frequently cited as an exemplar of the policy confusion that's caused Indonesia's crude oil production to plunge in recent years. Indonesia, the sole Southeast Asian member of the Organization of Petroleum Exporting Countries, turned into a net importer of crude oil for several months last year due to lack of investment in exploration and development. Indonesia is now mulling downgrading its OPEC participation to "observer" status as a cost-saving measure. Exxon bought the rights to the Cepu field in 1999 from a company run by a son of Indonesia's former dictator Suharto. Shortly thereafter, the U.S. firm discovered that Cepu contained a commercial quantity of crude oil. However, development of Cepu has floundered on Exxon's inability to date to get an extension of its oil rights contract, which expires in 2010. "It's not in our best interest to wait until 2010 (because) we badly need the crude for domestic uses," Sugiharto said. The Exxon dispute, along with other high-profile business conflicts involving Mexican cement producer Cemex S.A. De C.V. (CX) and U.S. power firm Karaha Bodas Co., are complicating efforts of the government of President Susilo Bambang Yudhoyono to lure back foreign investors to help fuel a 6.6% annual average economic expansion target from 2004 to 2009. Indonesia recorded a 26% year-on-year decline in approved foreign direct investment to $10.3 billion in 2004 due to investor perceptions of rampant corruption, shambolic infrastructure and an unpredictable judiciary. Exxon and Pertamina's discussions to negotiate mutually acceptable terms for a renewal of the U.S. firm's contract hinge on agreement on the proportion of oil revenues the two companies will share, Sugiharto said. "(Exxon's) already expressed certain requirements, but it's too early to mention to anybody the percentage they want because there's still a gap between what Pertamina wants in terms of percentage and split," he said, without elaborating. __ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
Re: [iagi-net-l] gimana ya kira2 akhir dari Cepu
Aku kaget kalau hal ini dianggap sebagai "dispute", padahal aku pikir ini hanya masalah negosiasi saja. Sesuatu interaksi kelanjutan usaha yg sudah disepakati sebelumnya, bahwa daerah cepu ini boleh dikelola Exxon sampai akhir masa kontrak itu sebuah kesepakatan bersama itu komitmen bersama, bahwa daerah ini bisa diperpanjang atau dihentikan itu juga sudah ada dlam kesepakatannya. Apakah Exxon tidak bisa dipegang komitmennya ? Jadi aku yakin ini bukan "dispute". Bahkan menurut saya kita berhak utk tidak menanggapinya. Sudah berapa saja lapangan minyak di Malaysia ini yg tidak diperpanjang oleh PMU, dan dikelola oleh Petronas. Dan ini semua menjadi salahsatu bentuk usaha yg memajukan Petronas. Perlu kebranian Perlu perhitungan Perlu kemandirian Salam RDP On 5/2/05, Ariadi Subandrio <[EMAIL PROTECTED]> wrote: > > > > Monday May 2, 2:50 PM > INTERVIEW: Indonesia Min Sees Progress In Exxon Dispute > By Phelim Kyne > > Of DOW JONES NEWSWIRES > > JAKARTA (Dow Jones)--Exxon Mobil Corp. (XOM) of the U.S. and Indonesia's > state-owned petroleum firm Pertamina (PTM.YY) have made "significant > progress" toward resolving a long-running investment dispute that has > tainted investors' perceptions of Indonesia, Minister of State Enterprises > Sugiharto said recently. > > The government hopes to reach an agreement "as soon as possible" on > extending Exxon's contract to develop the country's largest untapped oil > field in Cepu, East Java province, Sugiharto told Dow Jones Newswires. > > Pertamina's 11-member Cepu negotiating team resumed talks with Exxon late > last month in a bid to resolve the dispute by an official May 20 deadline > and Sugiharto said an agreement was likely within "months, not years." > > "The mutual interest...(of) the government, Pertamina and Exxon is to > monetize as soon as possible the strategic reserves that have been > discovered on the Cepu blocks," Sugiharto said. > > "That would also give certainty to any investors...(because) this > (dispute) isn't good for Indonesia." > > Exxon Mobil Oil Indonesia Inc. declined to provide specific comment on > Sugiharto's comments, but instead released a statement to Dow Jones > Newswires that said the firm is "committed to reaching an equitable and > amicable resolution of Cepu issues...(and) bringing this important resource > to market." The statement didn't elaborate. > > Efforts to contact Pertamina's lead negotiator in the Exxon talks were > unsuccessful > > The dispute over the Cepu oil field, with estimated reserves of about 600 > million barrels of crude oil, has been frequently cited as an exemplar of > the policy confusion that's caused Indonesia's crude oil production to > plunge in recent years. > > Indonesia, the sole Southeast Asian member of the Organization of > Petroleum Exporting Countries, turned into a net importer of crude oil for > several months last year due to lack of investment in exploration and > development. Indonesia is now mulling downgrading its OPEC participation to > "observer" status as a cost-saving measure. > > Exxon bought the rights to the Cepu field in 1999 from a company run by a > son of Indonesia's former dictator Suharto. Shortly thereafter, the U.S. > firm discovered that Cepu contained a commercial quantity of crude oil. > However, development of Cepu has floundered on Exxon's inability to date to > get an extension of its oil rights contract, which expires in 2010. > > "It's not in our best interest to wait until 2010 (because) we badly need > the crude for domestic uses," Sugiharto said. > > The Exxon dispute, along with other high-profile business conflicts > involving Mexican cement producer Cemex S.A. De C.V. (CX) and U.S. power > firm Karaha Bodas Co., are complicating efforts of the government of > President Susilo Bambang Yudhoyono to lure back foreign investors to help > fuel a 6.6% annual average economic expansion target from 2004 to 2009. > > Indonesia recorded a 26% year-on-year decline in approved foreign direct > investment to $10.3 billion in 2004 due to investor perceptions of rampant > corruption, shambolic infrastructure and an unpredictable judiciary. > > Exxon and Pertamina's discussions to negotiate mutually acceptable terms > for a renewal of the U.S. firm's contract hinge on agreement on the > proportion of oil revenues the two companies will share, Sugiharto said. > > "(Exxon's) already expressed certain requirements, but it's too early to > mention to anybody the percentage they want because there's still a gap > between what Pertamina wants in terms of percentage and split," he said, > without elaborating. > > __ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > -- Education can't stop natural disasters from occurring, but it can help people prepare for the possibilities ---
Re: [iagi-net-l] gimana ya kira2 akhir dari Cepu
> Aku kaget kalau hal ini dianggap sebagai "dispute", padahal aku pikir ini > hanya masalah negosiasi saja. Sesuatu interaksi kelanjutan usaha yg sudah > disepakati sebelumnya, bahwa daerah cepu ini boleh dikelola Exxon sampai > akhir masa kontrak itu sebuah kesepakatan bersama itu komitmen bersama, > bahwa daerah ini bisa diperpanjang atau dihentikan itu juga sudah ada dlam > kesepakatannya. > Apakah Exxon tidak bisa dipegang komitmennya ? > > Jadi aku yakin ini bukan "dispute". Bahkan menurut saya kita berhak utk > tidak menanggapinya. > > Sudah berapa saja lapangan minyak di Malaysia ini yg tidak diperpanjang > oleh > PMU, dan dikelola oleh Petronas. Dan ini semua menjadi salahsatu bentuk > usaha yg memajukan Petronas. > > Perlu kebranian > Perlu perhitungan > Perlu kemandirian Vick, MAAF MENANGGAPI AGAK TERLAMBAT MEENANGGAPI HAL INI , KALAU ANDA TERKEJUT MAKA AKU HAMPIR PINGSAN DENGAN PEMUTARBALIKAAN FAKTA YANG DILAKUKAN OLEH MEDIA BARAT. AROGANSI MEREKA YANG MERASA MENGUASAI MAS MEDIA DUNIA. SEBAGAI YANG SEDIKIT BANYAK MENGIKUTI PROSES PEMINDAHAN TAC (SEKALI LAGI INI ADALAH TAC) DARI HUMPUS PATRAGAS KE SUATU PERUSAHAAN OSTRALI (SAYA LUPA NAMANYA) DAN KEMUDIAN DIALIHKAN KE MOBIL AUSTRALIA PTY , APA YANG TERJADI SAAT INI ADALAH "DISAGREEMENT" DAN BUKA ATAU BAHKAN JAUH DARIPADA "DISPUTE" . KALAU MELIHAT KONTRAKNYA , TIDAK ADA SATUPUN KLAUSA YANG MEWAJIBKAN PERTAMINA (SEBAGAI PERUSAHAAN DAN BUKAN SEBAGAI WAKIL DARI PEMERINTAH INDONESIA UNTUK MEMPERPANJANG KONTRAK. JADI YANG JADI PERSOALAN ADALAH SEBANARNYA DISAGREEMENT MENGENAI BERAPA FEE YANG HARUS DIBAYAR OLEH EXXON MOBIL UNTUK MEMPERPANJANG KONTRAK. TENTUNYA INI KAN BUKAN "DISPUTE" . APAKAH PERTAMINA HARUS MENYERAH PADA TUNTUTAN MEREKA DENGAN ALASAN APABILA TIDAK DIPERPANJANG AKAN MEMPERBURUK INVESTMENT CLIMATE DI INDONESIA WAH BELUM TENTU , CONTOH YANG DIKEMUKAKAN OEH ROVICKY DITETANGGA KITA TIDAK MEMBUKTIKAN ITU ! JADI SEMOGA PEMERINTAH TIDAK TERLALU CAMPUR TANGAN DENGAN BISSNISS DEAL INI , AGAR (KALAU PEMERINTAH MASIH MAU???) PERTAMINA BISA MENIKMATI HASILNYA DAN BISA BERKEMBANG SEBAGAI PERUSAHAAN MINYAK MILIK NEGARA YANG KUAT. KALAU MASIH MAU , NDAK TAHU KALAU SUDAH BISA DIBELI (OKNUM OKNUMNYA MAKSUDKU). NGOMONG NGOMONG ADA TULISAN BAGUS DI KOMPAS HARI INI BERJUDUL ANAK PAK HARTO . SI ABAH > > Salam > RDP > On 5/2/05, Ariadi Subandrio <[EMAIL PROTECTED]> wrote: >> >> >> >> Monday May 2, 2:50 PM >> INTERVIEW: Indonesia Min Sees Progress In Exxon Dispute >> By Phelim Kyne >> >> Of DOW JONES NEWSWIRES >> >> JAKARTA (Dow Jones)--Exxon Mobil Corp. (XOM) of the U.S. and Indonesia's >> state-owned petroleum firm Pertamina (PTM.YY) have made "significant >> progress" toward resolving a long-running investment dispute that has >> tainted investors' perceptions of Indonesia, Minister of State >> Enterprises >> Sugiharto said recently. >> >> The government hopes to reach an agreement "as soon as possible" on >> extending Exxon's contract to develop the country's largest untapped oil >> field in Cepu, East Java province, Sugiharto told Dow Jones Newswires. >> >> Pertamina's 11-member Cepu negotiating team resumed talks with Exxon >> late >> last month in a bid to resolve the dispute by an official May 20 >> deadline >> and Sugiharto said an agreement was likely within "months, not years." >> >> "The mutual interest...(of) the government, Pertamina and Exxon is to >> monetize as soon as possible the strategic reserves that have been >> discovered on the Cepu blocks," Sugiharto said. >> >> "That would also give certainty to any investors...(because) this >> (dispute) isn't good for Indonesia." >> >> Exxon Mobil Oil Indonesia Inc. declined to provide specific comment on >> Sugiharto's comments, but instead released a statement to Dow Jones >> Newswires that said the firm is "committed to reaching an equitable and >> amicable resolution of Cepu issues...(and) bringing this important >> resource >> to market." The statement didn't elaborate. >> >> Efforts to contact Pertamina's lead negotiator in the Exxon talks were >> unsuccessful >> >> The dispute over the Cepu oil field, with estimated reserves of about >> 600 >> million barrels of crude oil, has been frequently cited as an exemplar >> of >> the policy confusion that's caused Indonesia's crude oil production to >> plunge in recent years. >> >> Indonesia, the sole Southeast Asian member of the Organization of >> Petroleum Exporting Countries, turned into a net importer of crude oil >> for >> several months last year due to lack of investment in exploration and >> development. Indonesia is now mulling downgrading its OPEC participation >> to >> "observer" status as a cost-saving measure. >> >> Exxon bought the rights to the Cepu field in 1999 from a company run by >> a >> son of Indonesia's former dictator Suharto. Shortly thereafter, the U.S. >> firm discovered that Cepu contained a commercial quantity of crude oil. >> However, dev
Re: [iagi-net-l] gimana ya kira2 akhir dari Cepu
Kalau tak salah, sebagai badan negara Pertamina mempunyai skema share yang berbeda dengan swasta (nasional/asing) pada umumnya. Sepanjang yang saya dengar dengar, Exxon ingin memperpanjang kontrak dengan ikutan ndompleng dalam skema Pertamina. Utk keinginan ini (kalau disetujui) tentu mesti ada fee yang dibayarkan. Seberapa besar fee tentu amat bergantung pd perkiraan seberapa besar potensi kandungan tersisa / belum diambil. Informasi ini tentu saja bersifat tertutup. Tapi, kalau sebuah international oil co ngotot mau stay di suatu lokasi, pastilah karena ada kepercayaan tinggi dari pengelola perusahaan tsb bahwa (masih) ada sejumlah kandungan yang amat menggiurkan. Persoalannya, perusahaan tsb mau ambil untung seberapa besar ?. Logika akan bilang pastilah mau bayar (fee) sekecil-kecilnya, sehingga untung sebesar-besarnya. Soal "investasi" ?, dari dulu ancaman serupa muncul dari berbagai perusahaan dan ditujukan kepada pemerintah. Kawan-kawan / senioren profesional di Pertamina pasti mafhum sekali soal-soal ini. Kekhawatiran rasanya tertuju pada (intervensi) pemerintah, yang amat boleh jadi melihat soal ini bukan hanya dari sisi bisnis. Mestinya dukungan yang kita sorongkan buat para profesional di Pertamina. -Original Message- From: [EMAIL PROTECTED] To: iagi-net@iagi.or.id Date: Tue, 10 May 2005 10:29:55 +0700 (WIT) Subject: Re: [iagi-net-l] gimana ya kira2 akhir dari Cepu > > Aku kaget kalau hal ini dianggap sebagai "dispute", padahal aku pikir > ini > > hanya masalah negosiasi saja. Sesuatu interaksi kelanjutan usaha yg > sudah > > disepakati sebelumnya, bahwa daerah cepu ini boleh dikelola Exxon > sampai > > akhir masa kontrak itu sebuah kesepakatan bersama itu komitmen > bersama, > > bahwa daerah ini bisa diperpanjang atau dihentikan itu juga sudah ada > dlam > > kesepakatannya. > > Apakah Exxon tidak bisa dipegang komitmennya ? > > > > Jadi aku yakin ini bukan "dispute". Bahkan menurut saya kita berhak > utk > > tidak menanggapinya. > > > > Sudah berapa saja lapangan minyak di Malaysia ini yg tidak > diperpanjang > > oleh > > PMU, dan dikelola oleh Petronas. Dan ini semua menjadi salahsatu > bentuk > > usaha yg memajukan Petronas. > > > > Perlu kebranian > > Perlu perhitungan > > Perlu kemandirian > > Vick, > > MAAF MENANGGAPI AGAK TERLAMBAT MEENANGGAPI HAL INI , KALAU ANDA > TERKEJUT > MAKA AKU HAMPIR PINGSAN DENGAN PEMUTARBALIKAAN FAKTA YANG DILAKUKAN > OLEH MEDIA BARAT. > AROGANSI MEREKA YANG MERASA MENGUASAI MAS MEDIA DUNIA. > SEBAGAI YANG SEDIKIT BANYAK MENGIKUTI PROSES PEMINDAHAN TAC (SEKALI > LAGI INI ADALAH TAC) DARI HUMPUS PATRAGAS KE SUATU PERUSAHAAN OSTRALI > (SAYA LUPA NAMANYA) DAN KEMUDIAN DIALIHKAN KE MOBIL AUSTRALIA PTY > , APA YANG TERJADI SAAT INI ADALAH "DISAGREEMENT" DAN BUKA ATAU > BAHKAN > JAUH DARIPADA "DISPUTE" . > KALAU MELIHAT KONTRAKNYA , TIDAK ADA SATUPUN KLAUSA YANG MEWAJIBKAN > PERTAMINA (SEBAGAI PERUSAHAAN DAN BUKAN SEBAGAI WAKIL DARI PEMERINTAH > INDONESIA UNTUK MEMPERPANJANG KONTRAK. > JADI YANG JADI PERSOALAN ADALAH SEBANARNYA DISAGREEMENT MENGENAI > BERAPA > FEE YANG HARUS DIBAYAR OLEH EXXON MOBIL UNTUK MEMPERPANJANG KONTRAK. > TENTUNYA INI KAN BUKAN "DISPUTE" . > > APAKAH PERTAMINA HARUS MENYERAH PADA TUNTUTAN MEREKA DENGAN ALASAN > APABILA TIDAK DIPERPANJANG AKAN MEMPERBURUK INVESTMENT CLIMATE DI > INDONESIA WAH BELUM TENTU , CONTOH YANG DIKEMUKAKAN OEH ROVICKY > DITETANGGA KITA TIDAK MEMBUKTIKAN ITU ! > > JADI SEMOGA PEMERINTAH TIDAK TERLALU CAMPUR TANGAN DENGAN BISSNISS > DEAL > INI , AGAR (KALAU PEMERINTAH MASIH MAU???) PERTAMINA BISA MENIKMATI > HASILNYA DAN BISA BERKEMBANG SEBAGAI PERUSAHAAN MINYAK MILIK NEGARA > YANG KUAT. > > KALAU MASIH MAU , NDAK TAHU KALAU SUDAH BISA DIBELI (OKNUM > OKNUMNYA > MAKSUDKU). > > NGOMONG NGOMONG ADA TULISAN BAGUS DI KOMPAS HARI INI BERJUDUL ANAK > PAK > HARTO . > > SI ABAH > > > > Salam > > RDP > > On 5/2/05, Ariadi Subandrio <[EMAIL PROTECTED]> wrote: > >> > >> > >> > >> Monday May 2, 2:50 PM > >> INTERVIEW: Indonesia Min Sees Progress In Exxon Dispute > >> By Phelim Kyne > >> > >> Of DOW JONES NEWSWIRES > >> > >> JAKARTA (Dow Jones)--Exxon Mobil Corp. (XOM) of the U.S. and > Indonesia's > >> state-owned petroleum firm Pertamina (PTM.YY) have made "significant > >> progress" toward resolving a long-running investment dispute that > has > >> tainted investors' perceptions of Indonesia, Minister of State > >> Enterpr
