Foreign Minister Retno During A Visit To Los Angeles: Pertamina Collaborates With ExxonMobil To Fulfill Domestic Energy Needs

Minister of Foreign Affairs, Retno Marsudi. (Photo: Doc. Antara)

JAKARTA - Foreign Minister Retno Marsudi said Pertamina cooperated with ExxonMobil to meet domestic energy needs and support the development of national energy security.

"This cooperation has an important meaning, especially in efforts to meet domestic energy needs and support the development of national energy security," said Foreign Minister Retno in a press statement, quoted from Antara, Saturday, September 18.

The statement was made by Foreign Minister Retno during a series of visits to Los Angeles and Houston from September 16 to 17, 2021.

Especially for ExxonMobil and Pertamina, he continued, this is certainly a form of cooperation between the Ministry of Foreign Affairs and the Ministry of SOEs to support Go-Global SOEs, which essentially supports SOE cooperation with the outside world, including strategic outbound investments.

"This ExxonMobil-Pertamina collaboration is expected to encourage downstreaming and utilization of processing technology for Pertamina to increase production, refinery, and petrochemicals as well as expand market access for value-added oil and gas derivative products," said Foreign Minister Retno.

He said opportunities for cooperation in reducing emissions and Indonesia's energy transition through green technology, such as carbon capture and other decarbonization efforts, were also discussed.

"Of course we will continue this discussion when we attend the COP 26 meeting in Glasgow next November. Of course we hope that the MOU between Pertamina and ExxonMobil can be implemented immediately," he said.