Boosting Petrochemical Products, Pertamina Projects Selling 40 Million KG Methanol In Sumbagut In 2024

Methanol processing illustration (Photo: antara)

PT Pertamina Patra Niaga through the North Sumatra Region (Sumbagut) projects that sales of Methanol products in 2024 in the Sumbagut region which includes Riau, Riau, Ripri, North Sumatra, Aceh and West Sumatra can reach 40,000 MT or equivalent to 40 million Kg Methanol.

To make this happen, Pertamina Patra Niaga Sumbagut added a portfolio of methanol product customers with an initial shipment of 2,625 MT to a biodiesel company in the dumai (KID) industrial area on Friday, March 29, 2024.

This inaugural shipment is part of a cooperation agreement with customers for a period of 1 year until March 2025 with an agreement value of 7 million US dollars or Rp109 billion.

Region Manager Corporate Sales Sumbagut, Anggoro Wibowo said, the potential market for chemical/petrochemical products in Indonesia, especially in the Sumbagut Region, is relatively large, Methanol sales are expansions of petrochemical products which are expected to be one of the commodities that can boost Pertamina Patra Niaga's sales growth.

"Hopefully, Pertamina's steps in expanding in Petrokimia products, especially Methanol products, can meet the needs and increase the reliability of Methanol supply, especially in the domestic market," said Anggoro, Monday, April 1.

He revealed that Methanol's sales to biodiesel producers are a form of synergy with palm oil industry players in providing support for national energy security.

As knows that Methanol is one of the main mixed ingredients in biodiesel production, namely Fatty Acid Methyl Ester or FAME. FAME is then mixed with Solar Products to be used as Biosolar products.

Currently, the government's policy of utilizing biodiesel in diesel mixtures is 35 percent or what we usually know as Biosolar 35 or B35

Secara terpisah Executive General Manager Regional Sumbagut Freddy Anwar menyampaikan, PT Pertamina Patra Niaga memiliki aspirasi rencana jangka panjang sebagai Solusi Bagi Energi dan Decarbonisasi menuju Transisi Energi.

Freddy Anwar explained that one of the pillars to achieve the company's plans above includes the need to become the leader of the Petrochemical Trading Market in the Region. As is understood, in the future the use of energy will shift towards more environmentally friendly energy.

"Therefore, currently Pertamina Patra Niaga has started to continue to develop the petrochemical product market which is expected to become a new engine from the company's growth," he explained.