table of - esdm - kementerian energi dan sumber daya … · potency of emr investment in indonesia...

40

Upload: nguyendang

Post on 29-Apr-2019

214 views

Category:

Documents


0 download

TRANSCRIPT

POTENCY OF EMR INVESTMENT IN INDONESIA

READY TO OFFER PROJECT 1) SmelterGradeAluminaRefineryMempawah2) HaltimFerronickelPlantDevelopmentProjectStageI3) GagFerronickelProject

POTENTIAL PROJECT 1) OilandGasProject

a. RefineryDevelopmentMasterPlan(RDMP)b. GrassRootRefinery(GRR)

2) MineralandCoalProjecta. AnodeSlime&PreciousMetalRefineryProjectb. KaltaraStainlessSteelProjectStage

3) GeothermalProjecta. WKPGunungGalunggung b. WKPGunungHamiding c. WKPGunungWilis d. WKP Simbolon Samosir e. WKPGrahoNyabu f. WKPGunungGeureudong

3

61013

15

1618

2022

242730323537

TABLE OF

CONTENTS

INVESTMENTCATALOGUE2017

2

Indonesiaislocatedbetweenthreemajortectonicplates:Eurosiatectonicplate;Hindia-Australia;andPasific.Asaresult,Indonesiahasatremendeousriskofgeo-hazardaswellashasvariousenergyandmineralpotential.OilandgasisthemainincomeforIndonesiaeconomyformorethan100yearshoweveritsreserveshavebeendepleted.Meanwhile,thereisanotherpotentialenergiesthatnotoptimallyutilizedsuchascoal,coalbedmethane,shalegas,andnewrenewableenergy.

Indonesiahaspotentialofhydrocarbonsin60sedimentarybasins.Infact,GeologicalAgencyidentified128oilandgasbasins.Theproven

POTENCY OF EMR INVESTMENT IN INDONESIA

INVESTMENTCATALOGUE

2017

3

reservesofoilin2014are3.6billionbarrelsandonlylastfor13yearswithcurrentproductionlevel.Whiletheprovenreservesofgasin2014are100.3TCFandonlylastfor34years.Thisassumpsionisbasedontheabsenceofnewdiscoveries.

Despitetheprovenoilandgasreservesdecline,thedomesticoilproductionshouldbeincreasedtomeetthedomesticdemand.Inordertoincreaseoilproductionto700,000barrelsperdayin2019,theGovernmentisacceleratingarefinerydevelopmentthroughRefineryDevelopmentMasterPlan(DRMP)programin5existingPertaminarefinerylocations(RDMPRUDumai,Plaju,Cilacap,Balikpapan,andBalongan)withtotalinvestmentofUS$15-20million.

Inlinewithefforttoincreaseoilandgasproduction,theGovernmentisfocusingonmineralvalueaddedasmandatedbyLawNo.4of2009onMineralandCoalMining.In2009,thereareplantocomplete7ironoresmelterwithtotalinvestmentofUS$99,817millionand10nickeloresmelterwithtotalinvestmentofUS$4,224million.TheGovernmentofIndonesiacommittedtogivesupportinsmelterinvestmentsinIndonesia.

INVESTMENTCATALOGUE2017

4

Mainstreamingofnewrenewableenergyupto23%inthenationalenergymixby2025asmandatedbyNationalEnergyPlan.Geothermalbecamethemainfocusfordevelopmentinadditiontootherenergy.ThatisbecauseIndonesiahasabundantresourcesofgeothermalandthebiggestgeothermalpotentialintheworld,scatteredalongvolcanobeltfromSumatera,Jaca,Bali,NusaTenggara,NorthSulawesi,andMaluku.RefferingtoresearchofGeologicalAgency,itidentified312geothermalpotentialwithtotalcapacity29,910MWandtotalreservesare16,524MW.However,theinstalledcapacityofgeothermalpowerplantsby2014reached1403.5MWor4.9%ofexistingpotential.Targetinstalledcapacityofgeothermalpowerplantsin2019are3,195MW.

In2010,theinstalledcapacityofgeothermalpowerplantsare1,189MWandincreasein2014to1,403.5MW.Additionalcapacityofgeothermalpowerplantsduringtheperiod2010-2014are214.5MW.Thegeothermalpowerinstalledcapacityisonly4%ofIndonesia’sgeothermalpotentialaround28.000MW.Inordertoincreasethegeneratingcapacityinthefuture,itset65GeothermalWorkingArea(WKP),consistingof19existingWKPand46WKPwhichissuedafterGeothermalLawisenacted.Inaddition,inordertoincreasedevelopmentofgeothermal,ithasmadesomebreakthroughs,includingharmonizedandimprovementofgeothermalregulations.

InordertoutilizeallenergypotentialforthesakeofIndonesianPeople,theGovernmentofIndonesiafacilitatesinvestorsthroughInvestmentCatalogue.

INVESTMENTCATALOGUE

2017

5

1) Smelter Grade Alumina Refinery Mempawah

2) Haltim Ferronickel Plant Development Project Stage I

3) Gag Ferronickel Project

READY TO OFFER PROJECT

INVESTMENTCATALOGUE2017

6

1) SMELTER GRADE ALUMINA REFINERY MEMPAWAH

PROJECT DESCRIPTION

Smelter Grade Alumina Refinery (SGAR) Mempawah Stage I Project & Mempawah Bauxite Mine Project

ANTAMhaslargereservesandresourcesofbauxiteoreinMempawah,WestKalimantan,whereINALUMwillbetheoff-taker.Tosupportthebauxiteprocessingandincreasethevalueofbauxitereserves,ANTAMandINALUMwilldevelopSGARtoconnectthesupplychainofbauxite-alumina-aluminium.

PROJECT STATUS

• SigningofJVA:2Q16(completed)

• DetailEngineeringDrawing/FS:2Q16

• ConstructionGroundBreaking:3Q16• EPCPeriod:1Q17–4Q19• CommercialOperationDate:4Q19

PROJECT BENEFIT

ThisProjectisexpectedtoincreasevalueofbauxitereservesaswellasutilizemineralandenergyreserves

alongwithincreasingqualityofhumanresourcesinthetransferoftechnology,especiallytheprocessingandrefiningofmineral resources.

INVESTMENTCATALOGUE

2017

7

ESTIMATED VALUE

Investmentneeds:• US$750million(Refinery&PowerPlant);financedwith30%ofequity

and70%ofloan;• Rp.1,45Trillion(MiningDevelopment)financedwith100%ofloan

TRANSACTION

• SharesofstockinSGARMempawahproject• LendinginSGARMempawahproject• LendingtoANTAM(8yearsBondRp.579billion)forANTAMequity

portioninSGA• LendingtoANTAM(8yearsBondRp.579billion)forbauxitemining

expansion

Modeofoffer:• Equityinvestment–joinventure• LimitedRecourseProjectFinance• CorporateFinancetoANTAM

Investmentstructure:maximumequity49% oftheSPV(refneryexpansion)IRR:10-12%

INVESTMENT OPPORTUNITY

INVESTMENTCATALOGUE2017

8

Business Development Division (email:[email protected])Corporate Secretary Division (email:[email protected])

PT ANTAM (Persero) Tbk HeadOffice,GedungAnekaTambang(TowerA)JlLetjen.T.B.SimatupangNo.1LingkarSelatan,TanjungBarat, Jakarta12530,IndonesiaTelp.(6221)7891234Fax.(6221)7891220www.antam.com

CONTACTS

INVESTMENTCATALOGUE

2017

9

2) HALTIM FERRONICKEL PLANT DEVELOPMENT PROJECT STAGE I

PROJECT DESCRIPTION

ANTAM has large reserves and resources of nickel ore in East Halmahera.Tosupportthenickelprocessingandincreasethevalueofnickelreserves,ANTAMdevelopsHaltimFerronickelPlantStageIItoincreaseexpansionanddevelopstainlesssteelplant.ProjectdevelopmentofHaltimFerronickelPlantstageILine2hascapacityof13,500tonnickelinferronickelperyear.

PROJECT STATUS

• AssessmentofPartner:2017• Funding&JVCO:2018• EPCPeriod :2019-2021

PROJECT BENEFIT

Thisprojectisexpectedto increase value of nickel reservesaswellasutilizemineralandenergyreserves

alongwithincreasingqualityofhumanreseourcesinthetransferoftechnology,especiallytheprocessingandrefiningofmineral resources.

INVESTMENTCATALOGUE2017

10

ESTIMATED VALUE

• Line1:Rp742billion(infrastructure&auxilary),notincludePowerPlant & Smelter.

• Line2:Rp4trillion(Smelter(Rp3,5trillion)&infrastructure(Rp420billion),notincludePowerPlant).

TRANSACTION

• SharestocksinHaltimFerronickelPlantdevelopmentprojectStageILine2

• LendinginHaltimFerronickelPlantdevelopmentprojectstaheILine2• LendingtoANTAM(8yearsbondRp.2Trillion)forANTAMequity

portioninHaltimFeNiPlantStageILine2• LendingtoANTAMtodevelopinfrastructureFeNiPlantStageILineI

(MTN5yearsRp472bllion)and2(8yearsBondRp420billion)

Modeofoffer:• Equityinvestment–joinventure• LimitedRecourseProjectFinance• CorporateFinancetoANTAM

InvestmentStructuremaximumequity49% ofPTFeNiHaltimIRR:15-18%ProjectLifetimeMin.30 Tahun

INVESTMENT OPPORTUNITY

INVESTMENTCATALOGUE

2017

11

Business Development Division(email:[email protected])Corporate Secretary Division(email:[email protected])

PTANTAM(Persero)TbkHeadOffice,GedungAnekaTambang(TowerA)JlLetjen.T.B.SimatupangNo.1LingkarSelatan,TanjungBarat,Jakarta12530,IndonesiaTelp.(6221)7891234Fax.(6221)7891220www.antam.com

CONTACTS

INVESTMENTCATALOGUE2017

12

3) GAG FERRONICKEL PROJECT

PROJECT DESCRIPTION

ANTAM has large reserves and resources of nickel ore in Papua (Gag Island).Tosupportthenickelprocessingandincreasethevalueofnickelreserves,ANTAMdevelopsFerronickelPlanttoincreaseexpansion.GagFerronickelPlantProjecthascapacityof13,500tonnickelinferronickelperyear.

PROJECT STATUS

• Financing :2017• EPCPeriod:2018–2021• CommercialOperational

Date :4Q21

PROJECT BENEFIT

Thisprojectisexpectedto increase value of nickel reservesaswellasutilizemineralandenergyreservesalongwithincreasingquality

ofhumanresourcesinthetransferoftechnology,especiallytheprocessingandrefiningofmineralresources.

INVESTMENTCATALOGUE

2017

13

ESTIMATED VALUE

Rp6,6trillion(Smelter,PowerPlant,Infrastructure&Mine)

TRANSACTION

• SharesofstocksinGagFerronickelProject• LendinginGagFerronickelProjectModeofoffer:• Equityinvestment–joinventure• LimitedRecourseProjectFinance

nvestmentStructure:maximumequity75% ofPTGAGNikelIRR:15-18%ProjectLifetimeMin.30 Tahun

INVESTMENT OPPORTUNITY

Business Development Division (email:[email protected])Corporate Secretary Division (email:[email protected])PT ANTAM (Persero) TbkHeadOffice,GedungAnekaTambang(TowerA)JlLetjen.T.B.SimatupangNo.1LingkarSelatan,TanjungBarat, Jakarta12530,IndonesiaTelp.(6221)7891234,Fax.(6221)7891220www.antam.com

CONTACTS

INVESTMENTCATALOGUE2017

14

1) Oil and Gas Projecta. Refinery Development Master Plan (RDMP)b. Grass Root Refinery (GRR)

2) Mineral and Coal Projecta. Anode Slime & Precious Metal Refinery

Projectb. Kaltara Stainless Steel Project Stage

3) Geothermal Projecta. WKP Gunung Galunggungb. WKP Gunung Hamidingc. WKP Gunung Wilisd. WKP Simbolon Samosire. WKP Graho Nyabuf. WKP Gunung Geureudong

POTENTIAL PROJECT

INVESTMENTCATALOGUE

2017

15

1) A. REFINERY DEVELOPMENT MASTER PLAN (RDMP)

PROJECT DESCRIPTION

PROJECT BENEFIT

UpgradingexistingPertamina’srefineriesthrough4aspects:• Increasecrudeoilrefiningflexibility• IncreaseNelsonComplexityIndex(NCI)ofrefinery.• IncreaseFuelquality• Increaserefinerycapacityto~1.7timesfromcurrentoperasionalcapacity

inordertoreducedependencyofimportandincreasenationalenergysecurity

ThisprojectisexpectedtoincreaseprofitabilityandcompetitivenessexistingrefineryequaltorefineryinAsiaPasificandMiddleEast.

INVESTMENTCATALOGUE2017

16

PROJECT STATUS

• RefineryDevelopmentMasterPlanRU2Dumai :Feasibilitystudies• RefineryDevelopmentMasterPlanRU3Plaju :Feasibilitystudies• RefineryDevelopmentMasterPlanRU4Cilacap :Engineering• RefineryDevelopmentMasterPlanRU5Balikpapan :Engineering&

procurement• RefineryDevelopmentMasterPlanRU6Balongan:Feasibilitystudies

RDMP Project stages:a. FeasibilityStudyb. BasicEngineeringDesignc. FrontEndEngineeringDesign

d. EPCe. Commisioningf. CommercialOperationDate(COD)

INVESTMENT OPPORTUNITY

• FinancialLender• StrategicPartner

(FeedstockSupplier,EPCContractor,EngineeringContractor,etc.)

ESTIMATED VALUE

EstimatedTotalValueRDMPProject:±USD15–20bn

PT Pertamina (Persero)Jl.MedanMerdekaTimur1A,Jakarta10110Phone:(+6221)1500000Email:[email protected]

CONTACTS

INVESTMENTCATALOGUE

2017

17

1) B. GRASS ROOT REFINERY (GRR)

PROJECT DESCRIPTION

PROJECT BENEFIT

DevelopingGrassRootRefinery(GRR)istosupplydomesticdemandandreduceanimportdependency.Projectprofile:• Refinerycapacity~300MBPD• complexityNCI>9• integratedwithpetrochemicalplant(TBD)BontangRefineryisexpectedtofulfillFuelneedsinEastpartofIndonesia(Kalimantan,Sulawesi,Bali,NusaTenggara,andPapua),whileTubanRefineryisexpectedtofulfillFuelneedsinJawa,BaliandSumatera.

INVESTMENTCATALOGUE2017

18

PROJECT STATUS

• GrassRootRefinery(GRR)Bontang :Feasibilitystudies• GrassRootRefinery(GRR)Tuban :Feasilibiltystudiesandnegotiation

withpartners

RDMP project stages:a. FeasibilityStudyb. BasicEngineeringDesignc. FrontEndEngineeringDesignd. EPCe. Commisioningf. CommercialOperationDate(COD)

INVESTMENT OPPORTUNITY

• FinancialLender• StrategicPartner

(FeedstockSupplier,EPCContractor,EngineeringContractor,etc.)

ESTIMATED VALUE

TotalEstimatedValue1GRRproject:±USD13bn (includeKilangPetrokimia)

PT Pertamina (Persero)Jl.MedanMerdekaTimur1A,Jakarta10110Phone:(+6221)1500000Email:[email protected]

CONTACTS

INVESTMENTCATALOGUE

2017

19

2) A. ANODE SLIME & PRECIOUS METAL REFINERY PROJECT

PROJECT DESCRIPTION

ANTAM has an ability to process and refine anode slime to extract gold and other precious metal from anode slime. Domesticanodeslimeprocessingandrefiningwillincreasecommoditiesvalueincludingincreasecontributiontogovernmentandlocalpeople.AnodeSlimeandPreciousMetalRefineryProjecthascapacityof6,000tonanodeslime.

PROJECT STATUS

• SigningofMoUANTAM-PTFreeportIndonesia–PTSmelting:1Q16(Completed)

• SingingofJVCO:4Q16• EPCPeriod:1Q17–4Q18• CommercialOperationalDate:

4Q18

PROJECT BENEFIT

Thisprojectisexpectedto increase value of commoditiesthroughprocessingandrefiningand

conservationmineralandenergyreservesaswellasincreasingqualityofhumanresourcesinthetransferoftechnologyespeciallyprocessingandrefiningtechnologyofmineralresources.

ESTIMATED VALUE

US$135million(notincludeworkingcapitalUS$105million)

TRANSACTION• SharesstokcsinAnodeSlimeandPreciousMetalRefineryProject

Development• LendinginAnodeSlimeandPreciousMetalRefineryProjectDevelopment

Mode of offer:• Equityinvestment–joinventure• LimitedRecourseProjectFinance

INVESTMENTCATALOGUE2017

20

Equity49%ofSPVProjectLifetimeMin.20 Tahun

INVESTMENT OPPORTUNITY

Business Development Division (email:[email protected])Corporate Secretary Division (email:[email protected])

PT ANTAM (Persero) TbkHeadOffice,GedungAnekaTambang(TowerA)JlLetjen.T.B.SimatupangNo.1LingkarSelatan,TanjungBarat,Jakarta12530,IndonesiaTelp.(6221)7891234Fax.(6221)7891220www.antam.com

CONTACTS

INVESTMENTCATALOGUE

2017

21

2) B. KALTARA STAINLESS STEEL PROJECT STAGE I

PROJECT DESCRIPTION

Stainless Steel Project Stage I with capacity 500 thousands Ton with FeNi supply 40 Thousands Ton Ni, from: 1. FeNiPomalaawithcapacityof27.000Ni2. FeniP3FHstageIwithcapacityof13.500TNiStainlessSteelProjectStageIwillbeplannedinIndustrialAreaNorthKalimantanconsideredavailabilitysourceofenergy,infrastructure,andsupportingfacilities.

PROJECT STATUS

ContructionPeriod:• Projectpreparationandanother

study(AMDAL,FS,etc): 2016–2021.

• PlantconstructionfollowprogressofPLTAconstruction.

PROJECT BENEFIT

ThisProjectisexpectedtoincrease a value added of Ferroncikelandincreasingqualityofhumanresources

inthetransferoftechnology,especiallyNikcelandStainlessSteelprocessingtechnology.

ESTIMATED VALUE

StageIUS$600million(notincludePowerPlant),financedwith30%equityand70%loan

TRANSACTION

• SharesofstocksinSSProjectKaltara• LoaninSSProjectKaltara

Mode of offer:• Equityinvestment–joinventure• LimitedRecourseProjectFinance

INVESTMENTCATALOGUE2017

22

InvestmentStructure:maximumequity75% ofSPVProjectLifetimeMin.30 Tahun

INVESTMENT OPPORTUNITY

Business Development Division (email:[email protected])Corporate Secretary Division (email:[email protected])

PT ANTAM (Persero) TbkHeadOffice,GedungAnekaTambang(TowerA)JlLetjen.T.B.SimatupangNo.1LingkarSelatan,TanjungBarat,Jakarta12530,IndonesiaTelp.(6221)7891234Fax.(6221)7891220www.antam.com

CONTACTS

INVESTMENTCATALOGUE

2017

23

3) A. WKP GUNUNG GALUNGGUNG

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No. 4286 K/30/MEM/2014, December 29th, 2014. The proposed total area of WKP Gunung Galunggung is 57,330 ha

LocationWKPGunungGalunggunglocatedinTasikmalayaRegency,GarutGarutandKotaTasimalaya,EastJavaProvince.

PotentialandWKPGunungGalunggungPotentialis130MWeanddevelopmentplanis110MW

Geoscience SummaryLowresistivityanomalypatternsinthesouthcraterofGalunggungistheresultifhydrothermalalterationofclayrocks.ItcanbethecoveringrockofgeothermalsysteminGalunggung.Resistivityanomalypatternsshowsthedeploymentofatruncatedandnotconstantlyledtospeculationthatthecoveringrock(lowresistivity)andpossiblereservoir(mediumresistivity)arenotconstantlybeseparatesegments.

Galunggungprospectreservoirisestimatedbelowandfollowthepatternofthecoveringrocks.Thisreservoircutsinto3parts.Thetopsofreservoirlocatedatanelevationbetween(-700)–(-1000)mbsl.Reservoirthicknessrangingbetween700mto1000m.

UpflowisestimatedtobearoundthepeakofGunungGalunggungtoGunungKencana,wileoutflowheadedsouthtomanifestationofCigunung,TheexistenceofCibalongmanifestationlikelyasapartofCigunungmanifestationthatcontrolledbygeologicalstructurethroughmanifestationsandasanoutflow.ItalsohasconcealedoutflowstartsfromGalunggungcratertosoutheasttowarsCipanasrivers,Cikunir,andCIbanjaran.

INVESTMENTCATALOGUE2017

24

PROJECT STATUS

TotalProject

PROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase)

ESTIMATED VALUE

USD80.000.000(assumption:USD4.000.000forevery1MWdevelopment).

INVESTMENTCATALOGUE

2017

25

TRANSACTIONForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermalsupporting

business industries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE2017

26

3) B. WKP GUNUNG HAMIDING

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No.2779K/30/MEM/2014 June 3rd, 2014. The Proposed total Area of WKP Gunung Hamiding is 42.100 ha.

LocationWKPGunungHamidinglocatedinNorthHalmaheraRegency,NorthMalukuProvince.

PotentialWKPGunungHamidingPotentialis265MWeanddevelopmentplanis20MW.

Geoscience SummaryThreepotentialofGunungHamidingare7km2areareserves,22.5m2hypothesisresourcesand95km2hypothesisresources.Hamidinggeothermalsystemcontrolledbyvolcanicstructure“calderacollaps”.HamidinggeothermalsystemhasupflowzonearoundGunungKaowihoutflowtowardsfumaroleH-1andH-2,northeast(H-4)andsouthwesttowarsMalukuwarmsprings.

WKPGunungHamidinggeothermalsystemsare2phasesystemsthathasaneutralpHandNCGlessthan0.2

GeophysicalsurveyofWKPGunungHamdingshowspatternsofconductivelayersthatrangngfromsouthwesttonortheastofGunungKao.

INVESTMENTCATALOGUE

2017

27

PROJECT STATUS

TotalProject

PROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase)

ESTIMATED VALUE

USD80.000.000(assumption:USD4.000.000forevery1MWdevelopment).

INVESTMENTCATALOGUE2017

28

TRANSACTION

ForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermal

supportingbusinessindustries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE

2017

29

3) C. WKP GUNUNG WILIS

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No.2775 K/30/MEM/ 2014 Junie 3rd, 2014. The proposed total area of WKP Gunung Wilis is 20.840 ha. LocationNganjukRegency,KediriRegency,TulungagungRegency,PonorogoRegencyandMadiunRegency,EastJavaProvince.

PotentialResourceshypothesisis55MWe,reservesis92MWeanddevelopmentplanis20MW.

Geoscineces summaryItConsistsofvolcanicrocks,pyroclasticflow,whichsurroundedbyandesitelavarocksandbasaltrockseruption,basaltlavarocksandGunungAnyarflow.Manifestationintheformofahotspringtemperaturesupto95o.Bougeranomaliesshowsnorthwest-southeastdirectionsthatcontrolsTrisHotSprings.

INVESTMENTCATALOGUE2017

30

PROJECT STATUS

TotalProjectPROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase).

ESTIMATED VALUEUSD80.000.000(assumption:USD4.000.000forevery1MWdevelopment).development).

TRANSACTIONForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermalsupporting

business industries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE

2017

31

3) D. WKP SIMBOLON SAMOSIR

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No.1827.K/30/MEM/2012, April 30th, 2012. WKP Simbolon Samosir total area is 168.800 ha

LocationWKPSimbolonSamosirlocatedinSamosirRegency,TobaSamosirRegency,NorthTapanuliRegency,HumbangHasundutanRegencyandDairiRagency,NorthSumateraProvince.

PotentialWKPSimbolonSamosirreservesis150MWeanddevelopmentplanis110MW.

Geoscience SummaryIntegratedgeosciencesummary(aerialphotography,landsatandgeologicalimagery,geochemicalandgeophysical)showsthatthelateraldistributionofSimbolon-SamosirgeothermalsystemcontrolledbySIbandungKalderastructure(KalderaTobastage-3)withdiameterof57.7kmx27.5km.Thereare2groupsheadedtonortheast-southwestandheadedtonorthwest-southsoutheastsouthwestwhichismediumtransportofgeothermalfluidfromreservoirtothesurfacemanifestationaroundGunungPusukBukitandRianiate-Sigaol,includingsurfacegeothermalmanifestationinPagaran.

ThepresenceofheatsourcebelowthesurfaceofKalderaSibandungsupportedbyhightemperaturehotsprings(<92-96oC)andsolfatara(85.6-94.3oC)inGunungPusukBukitandSimbolon–Rianiate–Sigaol.

Referringtostudiesof95surveypointsMT-TDEMinSimbolon–Samosir,conductivelayers(<10ohm-m)asclaycaponlyappearsinGunungPusukBukit,.Resistivitylayer(>10-60ohm-m)whichrepresentsthereservoirlayerlocatedintheshallowzone(thickness

INVESTMENTCATALOGUE2017

32

PROJECT STATUS

TotalProject

PROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase)

ESTIMATED VALUE

USD440.000.000(assumption:USD4.000.000forevery1MWdevelopment).development).

ofabout750m).Conductivelayerthathasresistity<10ohm-misnotfoundonthesurfaceofRianiate-Sigaol.

Instead,ahighresistivityzonethataround100ohm-mtohundredsohm-mpresentson1,500m(abovesealevel)upto250m(belowsealevel)indicatingcaprocklikelavarocksandfreshweldedignimbrite.Therefore,resistivitylayersof10-100ohm-mindicatesreservoirrocksthatcanbefoundin250to1,750belowsealevel.

INVESTMENTCATALOGUE

2017

33

TRANSACTION

ForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermalsupporting

business industries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE2017

34

3) E. WKP GRAHO NYABU

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No.2781.K/30/MEM/2014, June 3rd, 2014. WKP Graho Nyabu total area is 109.000 ha.

LocationWKPGrahoNyabulocatediniMeranginRegencyandKerinciRegency,JambiProvince.

PotentialWKPGrahoNyabureservesis200MWeanddevelopmentplanis 110MW.

Geoscience Summary ItrelatedtoSumbing,Hulunilo,andMasuraiVolcanoes,surfacealterationzoneismappedandithasimpressiveheatmanifestationpoints.GeophysicaldataindicatetheupflowzonebelowGrahoSolarandoutflowzonestowardsthechloridehotspringsinGrahoSaktiandGrahoInum.

GrahoSaktiHotSpringscantainsrichClcomparedtoHC03andSO4.GrahoSaktiSpringspHrelativelyalkaline(8-9),whichcausedbymixedoffurfacewaterandbicarbonatethatformedbyhighgascontent.

INVESTMENTCATALOGUE

2017

35

PROJECT STATUS

TotalProjectPROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase)

ESTIMATED VALUE

USD440.000.000(assumption:USD4.000.000forevery1MWdevelopment).

TRANSACTIONForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermalsupporting

business industries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE2017

36

3) F. WKP GUNUNG GEUREUDONG

PROJECT DESCRIPTION

Working Area is set by Ministry of EMR Decree No.4283.K/30/MEM/2014, December 29th, 2014. WKP Gunung Geureudong total area is 97.440 ha.

LocationWKPGunungGeureudonglocatedinKabupatenBenerMeriah,CetralAcehRegencyandNorthAcehRegency,AcehProvince.

PotentialWKPGunungGeureudongReservesis160MWeanddevelopmentplanis55MW.

Geoscience SummaryMajorityofthesurfacerockscomposedofandesitelavaquarteroldandpyroclasticflowbyGeureudongVolcano.Indicatedtheprecenceofhotspringtemperatureof60-69°C MajorityofthehotspringsarechloridesuphatetypewhichindicateshighinfluenceofvolcanicgasasH2SandSO2.Reservoirtemperaturearound205-225°C.

INVESTMENTCATALOGUE

2017

37

PROJECT STATUS

TotalProjectPROJECT BENEFIT

• GeothermalutilizationwillreduceCO2emissionsthatcausethegreenhouseeffect

• Projectoperationalcostbecomeslowaftergetsgeothermalsteam(deploymentphase)

ESTIMATED VALUEUSD220.000.000(assumption:USD4.000.000forevery1MWdevelopment).

TRANSACTIONForeignDirectInvestmentispossibleupto100%

INVESTMENT OPPORTUNITY

• InvestorasGeothermalLicences(IPB)holdersobtainedbyauctionmechanism

• InvestorasInitialSurveyHolder(PSP)holdersorPSPandexploration• Investoraslender/shareholderofIPB• Investorassupplierofgoodsorservicesthroughgeothermalsupporting

business industries

Direktorat Panas Bumi GedungDitjenEBTKElt.3Jl.PegangsaanTimurNo.1,MentengJakartaPusatPhone:021-3983077E-mail:[email protected]

CONTACTS

INVESTMENTCATALOGUE2017

38