Pertamina Refinery Reveals Green Refineries' Excellence

KPI's Director of Planning & Business Development, Isnanto Nugroho. (Photo: Doc. ANTARA)

JAKARTA - PT Kilang Pertamina Internasional (KPI) is developing its capacity in the development of environmentally friendly energy with Green Refineries.

Green Refineries is also one of the projects displayed by KPI at Pertamina Investor Day some time ago. KPI raised the theme 'Fostering Collaboration for Clean Energy'.

KPI's Director of Planning & Business Development, Isnanto Nugroho said, KPI is aggressively continuing its commitment to entering the low carbon business era.

"KPI opens opportunities for strategic collaboration to gain financial support, technology transfer and expertise, to industrial connections that are important in accelerating the 2060 Net Zero Emission (NZE) plan in Indonesia," said Isnanto, Monday, June 24.

In Pertamina's annual event, Isnanto explained, the main advantage of investing in the KPI green refinery and clean energy project.

"First, the position of KPI as a leader in the Indonesian refinery industry, where KPI produces around 1 million barrels per day of fuel and non-BBM products, and is integrated with petrochemical plants," said Isnanto.

KPI itself is a company that oversees 6 refinery operations and refinery subsidiaries including PT Kilang Pertamina Balikpapan (KPB) and PT Pertamina Rosneft Pengolahan & Petrokimia (PT PRP&P) and PT Tuban Petrochemical Industries.

The second advantage, continued Isnanto, is related to KPI's ability to adapt and master new technology.

"For example, Biofeedstock co-processing technology at our refinery is important for Biofuel production, or clean energy," said Isnanto.

Next is market potential in Indonesia. With the synergy of Pertamina Group, according to Isnanto, KPI has a large market share in Indonesia.

Another thing that Isnanto emphasized was the superiority of Environmental, Social, and Governance (ESG) management from KPI.

Currently, the position of the KPI ESG score is 24.2 which is classified as Medium Risk through the Sustainalytics rating agency. The predicate is proud because it shows that KPI has implemented company management according to ESG standards, and we will continue to increase risk mitigation," explained Isnanto.

Separately, the Corporate Secretary of KPI, Hermansyah Y Nasroen conveyed KPI's proactive steps to always establish strategic collaboration, one of which is through the Pertamina Investor Day event. The Pertamina Investor Day 2024 which comes with the theme "Optimizing Sustainable Growth" is the flagship program of PT Pertamina (Persero) which aims to strengthen the network between Pertamina Holding, Subholding, and its subsidiaries with potential investors and partners.

Every year KPI participates in Pertamina Investor Day events to educate stakeholders regarding our strategic projects. In addition to opening Gallery Walk, our directors were even present at Project Showcase and Opportunities Matching," explained Hermansyah.

Furthermore, Hermansyah explained, KPI opened the OPportunities Matching session for several of its flagship projects, namely the Cilacap Green Refinery, the Plaju Green Refinery, and Blue busyia.

"Through the Pertamina Investor Day event, we hope that the dialogues that have been established between potential investors and KPI can continue today, considering that several of our clean energy projects are targeted for commissioning in 2026," concluded Hermansyah.