DPR RI Supports Pertamina To Take Experts In The Management Of PT Chevron's Rokan Block

Blok Rokan (Photo: Twitter @Jokowi)

JAKARTA - Deputy Chairman of Commission VII DPR RI Eddy Soeparno stated that his party supports the transfer of management of the Rokan Block from PT Chevron Pacific Indonesia (CPI) to PT Pertamina (Persero) on August 9, 2021.

"Commission VII conveyed its support so that Pertamina could obtain the transition process smoothly and smoothly without any obstacles. What we have now cannot be separated or may not then reduce production," said Eddy, Wednesday, March 9.

According to him, the existence of the Rokan Block is very important for national oil and gas production so it is appropriate if Pertamina takes over the management. DPR Commission VII, he said, had also discussed and carried out a thorough examination of the Rokan Block transfer process.

"I hope that the Rokan Block can provide maximum and prime production, so that it can provide great benefits to the Indonesian people, especially for residents in Riau," hoped the PAN politician.

To note, the Rokan Block production sharing contract was signed between SKK Migas and Pertamina's subsidiary, namely PT Pertamina Hulu Rokan (PHR) and approved by the Minister of Energy and Mineral Resources on May 9, 2019. The term of the production sharing contract using the gross split scheme lasts for 20 years starting from from 2021 to 2041.

PT Chevron Pacific Indonesia (CPI), Pertamina Hulu Rokan (PHR), and SKK Migas have coordinated to take over management of the Rokan Block on August 9, 2021. The PHR program is a transition to nine main areas for the purpose of ensuring the continuity of all operations and routine activities of the Block. Rokan.

In addition, during the transition period of the Rokan Block, a deep well drilling program has been planned and drawn up in 2021, both by CPI and PHR. This is an effort to prevent the decline in oil production in the Rokan Block.

The Rokan Block has a strategic role in the domestic oil and gas industry by contributing 24 percent of national production. The potential for oil reserves in the Rokan Block working area is estimated to be around 2 billion barrels, which the government relies on to support the production target of 1 million barrels by 2030.