Rather Take Natuna D from ExxonMobil is Right

DIRECTOR Center of Petroleum and Energy for Economic Studies, Kurtubi considered that the government's decision to hand over management of the Natuna D Alpha block to Pertamina's right.

"For that Pertamina should immediately negotiate with ExxonMobil in the framework of cooperation operation (KSO) with the help of the government. For managing the Natuna not an easy matter, "said Kurtubi.

According to high levels of CO2, at 300-400 meters deep sea, making a high-risk exploration. "Pertamina needs offshore technology and an investment of around 30 billion U.S. dollars or half of the Indonesian state budget, he explained.

He insisted on looking at each other about the management of the block of Natuna gas field, it becomes counter-productive for the government's desire to accelerate in the Natuna gas production.

"Between the government, Pertamina, and ExxonMobil have to sit together to find the best solution, in order to provide benefits to the people," said Kurtubi.

Then in managing the Natuna, Pertamina must be able to choose the right partners. According to him, a suitable partner to manage the Natuna D-Alpha, is a company that can maximize the interests of the country, willing mentranfer technology, and use of supporting industries in the country. Then the company must also have the ability to fund of funds, technology and experience.

"Should a company that has proven experience and safe for the environment," ujarnya.Diakuinya, contracts in force in the Natuna gas field is very strange. Historically, there never was such a model in the oil and gas exploration. Typically, liquid natural gas exploration by foreign contractors have to go through the results. Governments usually get the 60 percent, while 40 percent is due to foreign contractors.

"If the oil is not no such a model contract. There is a production-sharing contract. The contractor's cost to find and produce gas, then after producing cover the cost of cost recovery in the pattern. There's just odd that the government can tax it," he said.

According to Kurtubi, the main dispute between the government and ExxonMobil over the search cost coefficient, which when referring persamaam as a linear regression formula harga.kandungan forming CO2 contained in Natuna, can be used to inject oil field in Minas.

So in addition to earn income from Natuna, the government also will increase oil production in oil and gas field. He says, until 2030 gas demand in Asia will increase sharply.

"These opportunities must be exploited, especially the Natuna D-Alpha is the largest CO2 producer in the world after Qatar," he said