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KOMPAS.com – Residents of Sumurgeneng Village, Jenu District, Tuban suddenly became billionaires after receiving compensation for the land acquisition of the refinery project undertaken by PT Pertamina (Persero).
President Joko Widodo and First Lady Iriana visited this project on Saturday, December 21, 2019.
This project is also called PT Trans Pacific Petrochemical Indotama (TPPI) refinery, located precisely in Jenu district, Tuban Regency, East Java.
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On this occasion, Jokowi also saw the great potential of the refinery together with the Minister of Public Enterprises (BUMN) Erick Thohir, the President Director of PT Pertamina (Persero) Nicke Widyawati and the President Commissioner of PT Pertamina (Persero) Basuki Tjahaja Purnama aka Ahok.
Jokowi had a special message for them too, including Ahok, who was recently named Komut.
Jokowi wants all parties involved to complete the refinery immediately.
“I transmit to the Minister of BUMN, the Managing Director of Pertamina and the Pertamina Commut, so that everything is completed in no more than 3 years. As for 4 years, 3 years, everything must be finished. I don’t know if it is through of cooperation, if it is in my own strength. I think there are options that can be made immediately. ” Jokowi said, quoted on the Secretary of State website, Thursday (2/18/2021).
Jokowi admitted that he had been waiting for the refinery to be completed for a long time.
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The TPPI refinery itself was built more than two decades ago, but later stalled due to various problems.
After the acquisition of TPPI, PT Pertamina (Persero) will convert TPPI into an integrated petrochemical factory.
The TPPI area will become a national petrochemical industry that produces a variety of products derived from petrochemicals and fuel oil products (BBM).
“Yes, this is the TPPI Trans Pacific Petrochemical Indotama refinery. This is one of the largest refineries in our country, which can produce aromatic products, both paraxylene, orthoxylene, gasoline, toluene, heavy aromatics, and also a fuel.” producer, premium, pertamax, LPG, diesel, kerosene, this can be for everything, “said Jokowi.
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The total value of the investment is Rs 199.3 trillion
According to data from the Committee for the Acceleration of Priority Infrastructure Provision (KPPIP), the Tuban oil refinery is a project with IDR 199.3 billion.
The financing plan is carried out through the sale of PT Pertamina to a private company, in this case a Russian investment company, Rosneft.
The Tuban oil refinery project is the construction of a new oil refinery with a production capacity of 300 thousand barrels per day.
Planning for the construction of the Tuban Oil Refinery in a petrochemical configuration, integrated with PT Trans Pacific Petrochemical Indotama.
Also Read: Once Rejected Tuban Oil Refinery Now Makes Residents Suddenly Rich
Jokowi added that if in full production, this refinery has the potential to save foreign exchange of up to $ 4.9 billion or around Rs 56 trillion.
“If possible, maximum production will save $ 4.9 billion in foreign exchange. This is very large. Approximately Rs 56 trillion. This is a substitute. Because every year we import, we import, we import. Although we can do it ourselves, but we can’t. do it, “added the Head of State.
On various occasions, such as limited meetings, plenary meetings, meetings with regional heads, Jokowi repeatedly conveyed the importance of substituting imported products, one of which is petrochemicals.
The president hopes that after peak production, the petrochemical industry can help resolve Indonesia’s current account deficit.
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“So we hope this can really be in full production, which is the name current account deficit, our balance sheet will be much better. This is one of the keys here. What does that mean? It is about solving problems, solving problems, solving problems of the country’s great agenda that has not been completed in decades, ”said Jokowi.
Ahok replied to Jokowi’s message
President PT Pertamina (Persero) Commissioner Basuki Tjahaja Purnama aka Ahok also opened his voice about Jokowi’s message.
Shortly after checking out the project site, Ahok immediately uploaded a photo of himself and Jokowi at the project, via his Instagram account.
“The message from Mr. President Jokowi is very clear, to immediately complete the development of the TPPI area in a national petrochemical industry that will then produce a variety of petrochemical derivatives and fuel oil products (BBM),” Ahok said at the foot of Photo. from his uploaded photo quoted on Thursday (2/18/2021).
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Ahok also agreed with Jokowi on the importance of the existence of this refinery.
Especially, Ahok said, regarding the substitution of imported raw materials.
“This development can help reduce raw material imports so that the country does not experience another deficit,” he said.
Finally, Ahok delivered a message to the public about the fuel subsidies that have been budgeted for by the government.
“Apart from that, I urge all parties not to misuse the fuel subsidies granted. Let us help each other protect state money for the welfare of the country,” he explained.