The collaborations cover the upstream oil and gas sector, infrastructure development, processing refineries, potential downstream product distribution cooperation, and new and renewable geothermal energy development.
"Several collaborations that will be launched by the Pertamina Group in Africa, along with the visit of President Joko Widodo on August 20–24, 2023, will become one of the mainstays in the energy sector for the country," Pertamina President Director Nicke Widyawati said during her visit to Kenya, Africa, on Monday (August 21).
This collaboration can strengthen cooperation between African countries and globally, she added
In Kenya, Pertamina, through PT Pertamina Geothermal Energy (PGE) Tbk, signed a Memorandum of Understanding (MoU) with Africa Geothermal International Limited (AGIL) on August 20 for geothermal technology development and resource utilization.
Through the collaboration, PGE will have the opportunity to study infrastructure development, implement geothermal technology in Indonesia, and expand geothermal development in Kenya.
In the upstream business, PGE's upstream sub-holding subsidiary PT Pertamina Internasional EP (PIEP) is exploring the potential for cooperation with the National Oil Corporation of Kenya (NOCK).
The exploration is the first step for Pertamina's upstream footprint abroad, which is expected to strengthen national energy security.
"Spirit brings the barrel home; Pertamina's footprint in the upstream sector is to increase production so that it can be processed at Pertamina's domestic refineries," Widyawati said.
She revealed that Pertamina is also exploring opportunities to expand in various energy fields through government-to-government (G-to-G) collaboration between Indonesia and Kenya.
Such bilateral cooperation would also open investment opportunities and collaboration for Pertamina in the African region.
"We appreciate the role of the government, including the Coordinating Ministry for Maritime Affairs and Investment, the Ministry of Foreign Affairs, and the Ministry of Energy and Mineral Resources, in supporting Pertamina's expansion efforts on the global stage," she said.
Before the visit, Pertamina signed a Memorandum of Understanding with GUMA, an African energy company, on strategic alliances for potential upstream, midstream, and downstream business projects.
The collaboration covers the exploration and production of oil and gas fields, the development of oil and gas pipelines, and the development of oil and petrochemical refineries. Pertamina also trades petroleum products in Kenya.
According to Widyawati, cooperation that is beneficial to the Indonesian state will be prioritized in every collaboration carried out by the Pertamina Group.
"We bring the government's spirit, the spirit of the 1955 Asian-African Conference. We are now working together on economic development. Pertamina opens opportunities for cooperation in the upstream and downstream sectors, including geothermal in Kenya," she said.
Meanwhile, Vice President of Pertamina Fadjar Djoko Santoso said Pertamina has brought several sub-holdings to explore the potential for cooperation in Africa. Such collaborations will further strengthen national energy security and help shape Pertamina into a global energy company.
"We are open to all business cooperation opportunities that positively impact Pertamina and the country," Fadjar said.
Pertamina, as a leader in the field of energy transition, has committed to supporting the Net-Zero Emissions 2060 target by continuing to encourage programs that have a direct impact on the achievement of sustainable development goals (SDGs).
These efforts align with the push to implement environmental, social, and governance (ESG) strategies in Pertamina's business lines and operations.
Media Contact
Fadjar Djoko Santoso
Vice President Corporate Communication
PT Pertamina (Persero)
M. : +62 813-2063-0765
E. : fadjar.santoso@pertamina.com
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Reporter: Azis Kurmala
Editor: Rahmad Nasution
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