Patra SK - News
Oct 13, 2015
 
The Operation of RFCC and TPPI Reduced Imported Premium and Potentially Saved Foreign Exchange for US$1,99 Billion

 

Jakarta – Gradually starting by November 2015, PT Pertamina (Persero) will reduce imported premium, remembering that Residual Fluid Catalytic Cracking (RFCC) Unit Cilacap and Trans Pacific Petroleum Indonesia (TPPI) Refinery in Tuban will immediately operate. Both units will enable Pertamina to have premium additional production up to 91.000 barrel per day, each 30.000 barrel per day from RFCC Cilacap and 61.000 barrel per day from TPPI Refinery Tuban.


National premium consumption was about 29, 5 million KL, of which 17, 1 million KL per year or 9 million barrel per month are import. So, Pertamina is conducting breakthrough steps to reduce imported Premium. RFCC Cilacap and TPPI Refinery Tuban are some successful program that will be operated in the near future, explained the Vice President Corporate Communication Pertamina Wianda Pusponegoro.


Wianda stated that RFCC Cilacap has already been in final stage of commissioning. RFCC Cilacap is ready to commercially operate at least in the second week of October 2015. “RFCC Cilacap is 100% ready to commercially operate. Hopefully it will be officially operated by the second week of October. The operation of RFCC Cilacap will reduce 30.000 barrel of imported premium per day or 10, 95 million barrel per year or equivalent to 10% import,” said Wianda.


According to the advice of the Government, TPPI Refinery Tuban will start up by the end of September. Commercial operation of TPPI Refinery Tuban could be conducted within the period soon after the operation of RFCC Cilacap if premium production capacity for about 20.000 barrel per day.  


The optimal capacity of TPPI Refinery Tuban could produce premium for about 61.000 barrel per day or about 22, 27 million barrel per year. The number is equivalent to 20 % of imported premium. “By the operation of those two units, the total potency of imported premium reduction reach 91.000 barrel per day or about 33, 21 million barrel per year by using the assumption of gasoline market index price for US$ 60 per barrel. It means that the amount of imported reduction reached US$ 1, 99 billion within a year,” said Wianda.

 

Source: ESDM


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