Pertamina Records Use Of TKDN Throughout 2023 Capai IDR 374 Trillion

Pertamina (Photo: dock. Antara)

JAKARTA - Throughout 2023, Pertamina Group has succeeded in absorbing the realization of the Domestic Component Level (TKDN) of up to 47 percent of the total TKDN BUMN nationally, or Rp374 trillion.

Pertamina carries out the mandate of using TKDN optimally, with the largest realization coming from hydro procurement (oil and gas and others). In addition, infrastructure development and procurement of goods and services, which in total reaches 73.2 percent of the Pertamina Group contract.

The use of domestic products is Pertamina's commitment to be able to participate in reviving various industries in the country and moving the Indonesian economy in a sustainable manner. This is also in line with the Presidential Instruction. We also believe that domestic products have high quality and are competitive," explained Pertamina's Vice President Corporate Communication, Fadjar Djoko Santoso, Wednesday, June 12.

With this TKDN achievement, in March 2024, continued Fadjar, Pertamina received appreciation for the use of Domestic Products in 2024 for the State-Owned Enterprises Category from the Ministry of Industry (Kemenperin) of the Republic of Indonesia. TKDN Pertamina Group worth IDR 374 Trillion, or 47 percent of the total achievement of TKDN BUMN in 2023 is around IDR 800 trillion.

"We are grateful for the appreciation from the Government of Indonesia. This is a motivation for Pertamina to continue to improve its TKDN, so that it can support the domestic industry more and have a positive impact on the national economy," added Fadjar.

Based on a study by the Pertamina Energy Institute and the University of Indonesia, Pertamina's TKDN achievement also creates a double effect (multiplier effect), namely employment for 4.1 million people, as well as an increase in gross domestic product (GDP) of up to IDR 702 trillion, or equivalent to 3.4 percent of the gross added value of the entire economic sector in an area (GDP ADHB). In the national economy, this has the potential to generate state revenues of up to IDR 1,251 trillion.

As a national energy company, Pertamina products also contribute to domestic energy supply. Pertamina's national oil production reaches 69 percent, and natural gas as much as 34 percent, all of which are allocated to support Indonesia's energy security. In 2023, Pertamina has also been 100 percent independent in producing diesel and avtur products.

Efforts to increase oil and gas production are always carried out through increased production from existing blocks, as well as Pertamina's acquisition and expansion to foreign blocks. Pertamina is also working to improve refinery and petrochemical products by refinery development master plan (RDMP) to improve the quality and type of refinery products," added Fadjar.

Pertamina also appealed to the public to use Pertamina products, as domestic products. In retail products, Pertamina's access to energy distribution to the community has reached 98 percent of Indonesia's territory, especially with the BBM 1 Price, One Village One Outlet (OVOO) and Pertashop programs.