Jakarta – PT Pertamina (Persero) plans to expand its business abroad by working on the upstream oil and gas sector, as well as geothermal projects in Africa. President Director of Pertamina, Nicke Widyawati, said Pertamina is interested in acquiring oil and gas blocks and geothermal working areas as well as the construction of Geothermal Power Plants (PLTP) in Africa.
“The acquisition of oil and gas blocks abroad is carried out by PHE (Pertamina Hulu Energi) through Pertamina International Exploration and Production (PIEP). For geothermal, exploration of Geothermal Working Areas and building its PLTP is run by PGE (Pertamina Geothermal Energy),” Widyawati said in an official statement.
She did not detail when the acquisition of oil and gas blocks and geothermal project work in Africa will be realised. However, according to Widyawati, the government will fully support Pertamina’s business strategy by cooperating with several friendly countries from the African continent.
President Joko Widodo plans to attend the BRICS Summit in August, with the agenda for the president to sign agreements in investment cooperation in the oil and gas and geothermal sectors.
In Widyawati’s Instagram post, Pertamina management was seen joining the government entourage led by the Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan. They made working visits to several countries in Africa, such as South Africa, Congo and Kenya. (Hartatik)