Pertamina Loses Rp 568 Billion in Australia

The Attorney General's Office said the state financial loss of alleged corruption misuse of investment in PT Pertamina (Persero) in Basker Manta Gummy Block (BMG) Australia in 2009 reached Rp 568 billion. 

PT Head of Legal Information Center (Kapuspenkum) AGO, M Rum, said PT Pertamina in 2009 through its subsidiary PT Pertamina Hulu Energi (PHE) acquired a 10 percent stake in ROC Oil Ltd. The sale and purchase agreement were signed on May 1, 2009, with a capital of 66.2 million Australian dollars or equivalent to Rp568 billion. 

The value is assumed to get 812 barrels per day but, it turns out that BMG Australia in 2009 can only produce crude oil for PHE Australia Pty.Ltd averaged at 252 barrels per day, he said in Jakarta, Tuesday (18/7) night. 

Then, on November 5, 2010, the Australian BMG Block was declared closed after ROC Oil Ltd, Beach Petroleum, Sojits, and Cisco Energy decided to stop the production of crude oil (non production phase / npp) due to uneconomical grounds. 

In that case, the investigator at the Junior Attorney General for Special Crimes (JAM Pidsus) has reviewed the Marketing Director of PT Pertamina (Persero) A Faisal, Human Resources Director of PT Pertamina (Persero) Waluyo, and Ari Budiarko as Finance Director of PT Pertamina Hulu Energy, on Tuesday (18/7). 

In the hearing, Witness Faisal explained about the meeting in terms of decision making for investment in the Australian Basker Manta Gummy (BMG) Block. 

Witness Waluyo explained about the meeting in terms of decision making for investment in Australia's Basker Manta Gummy Block (BMG). And witness Ari Budiarko explained the related financial expenditures for investment in Australia's Basker Manta Gummy Block (BMG) in 2009. 

'The Investigation Team discloses alleged corruption misuse of investment in PT Pertamina (Persero) in Basker Manta Gummy Block (BMG) ) Australia In 2009 has examined 28 witnesses, 'he said.