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    • SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.

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    17Dec, 2018
    Indonesia plans to make 30 percent biodiesel blend mandatory, studies B100

    While the government expanded the mandatory use of a 20 percent biodiesel blend ( B20 ) in September, it plans to further boost domestic biodiesel consumption to absorb more crude palm oil (CPO) amid fluctuation in the global market price of the commodity.

    Apart from improving the distribution of the B20 blend across to the country, the government is also carrying out research to increase the portion of biodiesel in the fuels rom 20 percent to 30 percent ( B30 ) or even to 100 percent ( B100 ).

    State-owned oil and gas holding company Pertamina supply chain operations manager Gema Iriandus Pahalawan further explained that three more biodiesel refineries would be developed, likely in Plaju in South Sumatra, Dumai in Riau and Balikpapan in East Kalimantan, to produce more biodiesel.

    Gema said the production of B30 biodiesel was expected to be implemented, while the government was still improving the B20 distribution, which had reached 97 percent in November and was planned to be completed in December.

     

    Photo: Doni Setiawan – The Jakarta Post

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    15Aug, 2018
    For the sake of Rupiah, Chevron’s contract will be amended

    ESDM Ministry’s Director General of Oil and Gas (Oil and Gas) Djoko Siswanto said, if possible an amendment was made regarding the production sharing contract (PSC) related to the government’s assignment to Pertamina to buy oil lifting from the KKKS.

    “If you cannot use the regulation, it can work, if it is needed, then the PSC amendment will be done, later it can be added, for example, it had the right to export but prioritized for domestic interest at market price. Staying added like that, the PSC amendment will be completed. “Djoko told the media when met at the ESDM Ministry, Jakarta, Wednesday (8 August).

    He said, there would be an additional lifting potential of 225,000 bpd that could be absorbed by Pertamina. At present, all of Indonesia’s production is 775,000 bpd, and Pertamina currently uses 550,000 bpd.

    “775,000 bpd is reduced to 550,000 bpd which is exported,” added Djoko.

    Furthermore, Djoko explained, at this time he was writing to all existing KKKS with three groups, namely those who had contracted with outside buyers, who had tender with Pertamina but Pertamina lost the tender, and the group that offered the right to match, then he joined the auction , and become the winner of the auction.