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Pertamina Owns Rp 30 Tn of Account Receivable

Karen targeted that Pertamina gained Rp 15.39 trillion in 2009.

Rabu, 23 Desember 2009, 15:14 WIB
Heri Susanto, Agus Dwi Darmawan
Offshore oil refinery (orrtextile.com)

VIVAnews - State revenues contributed by state-owned enterprises (SOEs) through their dividends have met the targeted amount. In fact, on Dec 23, the revenues have exceeded more than Rp 800 billion.

Secretary to SOEs State Minister Said Didu said the sum includes all SOEs non-Pertamina dividends. "Special talks are needed on Pertamina," said Said on Wednesday, Dec 23.

State oil and gas Pertamina is evaluated as a solid oil and gas company. Pertamina has Rp 30 trillion of account receivable and still runs its operation.

"The world's oil and gas companies called the Seven Sisters alone cannot provide such a large amount. Pertamina is the only capable company," said an analyst on Oil Geopolitics, Dirgo Purbo.

Earlier, Pertamina Managing Director Karen Agustiawan said the total account receivable owned by Pertamina worth Rp 30 trillion.

Karen targeted that Pertamina gained Rp 15.39 trillion in 2009. The target was lower by 50 percent compared to the planned prognosis.

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Translated by: Bonardo Maulana Wahono



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