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The Jakarta Post BUSINESS WEDNESDAY October 11, 2023 5
Indonesia, Netherlands seek Work on Tuban
refinery with
cooperation in solar, tidal power Rosneft continues
Solar cells expected to generate 300 MW of power Yohana Belinda in the project were having diffi-
culty providing their investment;
The Jakarta Post/Jakarta thus, the government intended to
Divya Karyza The government has said state- identify potential new investors.
owned oil and gas company Per- “As Russia is facing a block-
The Jakarta Post/Jakarta tamina is continuing work on the ade, economic and geopolitical
Indonesia and the Netherlands development of an oil refinery issues, it may be difficult to con-
aim to strengthen collaboration in with Rosneft despite earlier re- tinue [with Russian investors], so
the development of solar and tidal ports about challenges faced by another partner is being sought,”
power as the countries pledge to the Russian partner. Airlangga said.
boost bilateral energy cooperation. Deputy State-Owned Enter- When asked whether Rosneft
Indonesian Energy and Miner- prises (SOEs) Minister Kartika would withdraw from the Tuban
al Resources Minister Arifin Tas- Wirjoatmodjo told reporters on Grass Root Refinery, Airlangga did
rif expressed hope that the agree- Monday that while the Tuban not immediately respond but im-
ment, which will cover technology, Grass Root Refinery (GRR) proj- plied that the government would
transfer of skills and financing, ect was still being discussed, Ros- explore new possible investors.
would help both countries develop neft was still Pertamina’s part- “Russia is affected by geo-
projects in the energy sector. ner for the 80 kilobarrel-per-day politics and facing difficulty in
Pertamina NRE, the new and gasoline project estimated to cost investing, and surely [Rosneft]
renewable energy arm of state- US$13.5 billion, Bisnis reported. asked the SOEs [Ministry] and
owned oil and gas giant Pertam- “We’re still in discussion about the Energy and Mineral Resourc-
ina, signed on Monday a joint de- it because, with Russia’s current es Ministry to ensure that re-
velopment agreement (JDA) with geopolitical situation, there are fineries are needed, but we [In-
Dutch energy company Hyet So- bound to be obstacles. The so- donesia] can look for another
lar to build a thin-film solar cell lution is still under discussion. investor,” Airlangga said.
factory in Indonesia. Maybe we’ll find a solution in the Pertamina subsidiary PT Kilang
The document was signed in next six months,” Kartika said. Pertamina Internasional controls
Jakarta on Monday during the Kartika emphasized that the 55 percent of the joint venture run-
Renewable Energy and Climate government and Pertamina had ning the project, PT Pertamina
Summit Indonesia-Netherlands. not decided to seek a new part- Rosneft Pengolahan dan Petro-
With an estimated capital ex- ner but the geopolitical context kimia (PRPP), while the remain-
penditure (capex) of US$200 mil- would undoubtedly be a factor in ing 45 percent is held by Rosneft’s
lion, the facility is expected to future decisions. affiliate in Singapore, Rosneft Sin-
have an annual production ca- “We will look at the geopo- gapore, according to PRPP website.
pacity for solar cells that can Courtesy of Netherlands Embassy litical situation and the finan- Several Western countries are
generate 300 megawatts (MW) of Bilateral deal: Netherlands Climate Envoy Jaime de Bourbon de Parme (left), Dutch Ambassador to Indo- cial strength for the investment shunning or have even banned
power. nesia Lambert Grijns (center) and Energy and Mineral Resources Minister Arifin Tasrif pose for a photo on needs,” Kartika said. direct crude oil imports from
Thin-film solar panels are Monday, at the Renewable Energy and Climate Summit Indonesia-Netherlands held in Jakarta. Tempo, citing PT Kilang Per- Russia following the Russian in-
lighter and more flexible than tamina Internasional (KPI) cor- vasion of Ukraine in early 2022,
conventional photovoltaic (PV) who face difficulties accessing (PJB), a subsidiary of PLN, to es- vest $12 billion to meet its target porate secretary Hermansyah Y. though the European Union re-
panels. They are generally easier fossil fuels. But these people are tablish a joint venture called of generating 10 gigawatts (GW) Nasroen, reported that Pertam- mains divided on the issue.
to install and transport, but less also lucky as they have the poten- Tidal Bridge Indonesia (TBI) and of electricity from new and re- ina was continuing its partner- Sanctions imposed on Rosneft
efficient in producing electricity. tial to access renewable energy. set up Indonesia’s first tidal en- newable energy sources by 2026. ship with Rosneft on the project. are targeted at access to financ-
The two companies signed a It’s just a matter of how we can ergy facility. Pertamina’s 10 GW target con- “Currently, the Tuban Grass ing, technology and refinery-
memorandum of understanding [harness that potential],” he said. TBI will first build the Pan- sists of gas-to-power, renewable Root Refinery is still in the pro- building services, Bisnis reported
(MoU) in April last year to estab- In 2018, state-owned electric- casila Palmerah Bridge spanning energy—including geothermal— cess of preparing the final invest- on Sept. 15.
lish a PV foil manufacturing busi- ity company PLN and Dutch con- 810 meters from Flores Island to and other new initiatives, such as ment decision [FID] document. Tutuka Ariadji, the Energy and
ness in Indonesia. sortium Tidal Bridge BV signed Adonara Island, which will later electric vehicles (EVs) and hydro- Other preparations are also un- Mineral Resources Ministry’s oil
In the initial phase, Pertamina an agreement to conduct a fea- be integrated with five tidal tur- gen pilot projects. derway for the selection of an en- and gas director general, told the
NRE and Hyet Solar ran a pilot sibility study to build what has bines on the Larantuka Strait in The renewable energy busi- gineering, procurement and con- paper on the same day that the
project to build a small-scale so- been billed as the world’s largest East Flores regency. ness is expected to contribute 3 struction [EPC] contractor for the ministry had set a target to com-
lar PV foil installation. tidal power facility in Flores. Each turbine will have an in- GW of electricty. From this busi- Tuban Grass Root Refinery proj- plete the FID stage of the nation-
Jakarta and the Hague will also The consortium, comprised of stalled capacity of 16 MW, while ness segment, solar power, bio- ect to support the construction al strategic project next year.
develop a tidal power plant in construction engineering com- the actual electricity generated gas-fueled power plants, smart phase,” he said on Saturday. He added that the sanctions
Flores, East Nusa Tenggara, ac- pany Strukton International and will only reach 6 MW, resulting in grids and other new and renew- According to CNBC Indonesia, imposed against Russia had no
cording to Arifin. private equity firm Dutch Expan- a combined power generation of able energy power plants are pro- Coordinating Economic Minis- direct impact on Rosneft and ex-
“The establishment is primar- sion Capital (DEC), will team up 30 MW. jected to contribute 1.9 GW of the ter Airlangga Hartarto had stated pressed confidence that the proj-
ily aimed at supporting people with PT Pembangkitan Jawa Bali Pertamina says it needs to in- total 3 GW. last week that Russian investors ect could be completed.
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