REFINERY DEVELOPMENT MASTER PLAN (RDMP)

Name of Project

RDMP project

Total Investment

Rp 246.2 Trillion

Description

RDMP project is the revitalization of 5 existing refineries in Cilacap, Central Java; Balongan, West Java; Dumai, Riau; Balikpapan, East Kalimantan; and Plaju, South Sumatra; to improve the capacity and competitiveness of refineries in Indonesia.

PROJECT SIGNIFICANCE

Considering the fuel demand and the goal to achieve energy security, Indonesia needs to grow the domestic refinery industry. The capability of Indonesia to meet domestic demands is very low (48 days in 2013 and it is estimated to decrease to 38 days in 2025) and has a potential to threaten energy security.

RDMP needs to coincide with new refinery project (Grass Root Refinery) to improve production capacity and competitiveness of the existing refineries in Indonesia. With the revitalization of the five refineries (Cilacap, Balikpapan, Plaju, Balongan, and Dumai), the production will increase 150%.

Latest Status

Transaction Stage

Location

Cilacap, Balongan, Dumai, Balikpapan, Plaju

Source Budget

–

Funding Scheme

State-Owned Enterprice(SOE)

Project Owner

PT Pertamina

Planned Commence Date

2018

Planned Commercial Operation

2021