Ref: BP adalah perusahaan Inggris. Setelah diberi gelar  “Knight Grand Cross of 
appreciation in the Order of Bath”   oleh ratu Inggris, SBY bubarkan BPMigas.  
Siapa berakal mulus dan siapa bulus?

http://www.thejakartaglobe.com/business/pertamina-subsidiary-offers-to-assume-role-of-dissolved-bpmigas/556605

Pertamina Subsidiary Offers to Assume Role of Dissolved BPMigas
Tito Summa Siahaan | November 17, 2012


Pertamina Hulu Energi — a subsidiary of the state-owned energy firm Pertamina — 
has offered to assume the role of the defunct oil and gas regulator, BPMigas, 
which was dissolved by the Constitutional Court on Tuesday. 

Salis Aprilian, the president director of Pertamina Hulu Energi, said the firm 
was prepared to take over the role should the government give the instruction. 
“We are ready, because Pertamina Hulu Energi already has similar tasks,” Salis 
said in Jakarta on Thursday . “We actually have performed similar tasks and 
functions to those of BPMigas, but on a much smaller scope,” Salis said. 

Established in 2008, PHE is tasked with managing the upstream business 
portfolio that Pertamina jointly controls with other oil and gas firms. It also 
manages Pertamina’s coal-bed methane assets. 

Salis, however, has little confidence that such a transfer of authority will 
take place. “There’s a possibility that the government will establish a new 
state enterprise or transfer the BPMigas authority to an existing state 
enterprise,” he added. 

The Energy and Mineral Resources Ministry has formed a special working unit 
within the ministry to temporarily assume BPMigas’s role until another 
regulation is enacted. 

Salis did not say whether the government has offered the opportunity to PHE. 

There are at least 42 assets under PHE, and the company controls operating 
rights to 12 of them. Among the assets under PHE are the operating rights to 
the Offshore Northwest Java block and the West Madura Offshore block. 

Industry observers, though, see potential problems should state enterprises 
like Pertamina assume BPMigas’s role. 

Kardaya Warnika, a former chief of BPMigas, was of the opinion that the energy 
ministry should take over the role and not Pertamina. “It would be much simpler 
than handing the authority back to state-owned enterprises like Pertamina, 
which, should it happen, would require the firm to amend its charter,” he said. 

Hikmahanto Juwana, a professor of international law from the University of 
Indonesia, said that new problems will arise should Pertamina take over the 
responsibility. 

“The complication in appointing state enterprises is that they will act as 
regulators, while at the same time also attempting to generate revenue,” he 
added. 

The Constitutional Court made a headline-grabbing ruling early this week when 
it dissolved BPMigas on Tuesday. The court’s decision partially granted a 
request from several organizations, including the country’s second largest 
Muslim organization, Muhammadiyah, to annul the 2001 oil and gas law and 
declare the regulator unconstitutional. 

Despite losing its status as a member of the Organization of the Petroleum 
Exporting Countries in 2008, Indonesia still enjoys a substantial amount of 
revenue from the oil and gas sector. Last year, BPMigas collected $35.8 billion 
in revenue from oil and gas, and the amount was expected to reach $34.9 billion 
this year.

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