PT Pertamina
PT Pertamina, Indonesia's national oil company, focuses on integrated energy solutions and aims for Net Zero Emission by 2060. Established in 1957, it operates across the energy spectrum, from oil to renewable sources, and aims to ensure national energy security.
Company History
PT Pertamina was established on 10 December 1957 as PT Perusahaan Minyak Nasional (PERMINA). It underwent a transformation and became PT Pertamina (Persero) on 17 September 2003. The company embarked on a significant business transformation on 20 July 2006, updating its vision to become a world-class national oil company. Pertamina has been a key player in the energy sector for over six decades, ensuring energy availability across the nation and several regions abroad.
Energy Services and Operations
PT Pertamina operates an integrated energy business that spans from upstream to downstream sectors, including the development of renewable energy for the future. The company offers non-subsidized fuel and LPG at its Pertashop outlets, prioritizing these services in villages and specific urban areas. Pertamina's operations focus on ensuring national energy availability based on the principles of availability, accessibility, affordability, acceptability, and sustainability.
Commitment to Renewable Energy
Committed to achieving Net Zero Emission by 2060, PT Pertamina is implementing business decarbonization programs and developing new green business concepts. These initiatives focus on utilizing renewable energy sources within Indonesia. As part of its strategic objectives, Pertamina aims to transform its energy production processes to be more environmentally sustainable, contributing to the global environmental goals.
Strategic Role in National Energy
PT Pertamina holds a strategic role in ensuring national energy independence. As of 12 June 2020, the company oversees six energy subholdings, reinforcing its comprehensive engagement in the energy sector. With a production target of 650,000 BOEPD by 2025 from its international operations, Pertamina aims to reach a broader goal of 1.9 million BOEPD. These efforts underscore Pertamina's crucial position in securing the nation's energy future.