Tuesday, July 16, 2024

KPI open for partnership in green refinery development

Reading Time: 2 minutes
Gusty da Costa




PT Kilang Pertamina Internasional (KPI), a subsidiary of State oil and gas company PT Pertamina, is opening the opportunity for investors and strategic partners to develop environmental friendly green refineries.

KPI’s Director of Business Planning & Development, Isnanto Nugroho, said the company will continue its low carbon business commitment to strengthen the country’s energy transition roadmap, including through the National Strategic Projects (PSNs) it manages.

“KPI is open to strategic collaboration opportunities to gain financial support, transfer of technology and expertise, and industry connections that are important in accelerating Indonesia’s 2060 Net Zero Emission (NZE) plan,” Isnanto said on Tuesday, June 25, 2024.

He cited a number of advantages in investing in KPI’s green refinery and clean energy projects.

“First is manitainin KPI’s position as a leader in the Indonesian refinery industry, where KPI produces around 1 million barrels/day of petrol and non-fuel products, and is integrated with petrochemical plants,” he said.

KPI is a company that oversees six refinery operating units and refinery subsidiaries, including PT Pertamina Balikpapan Refinery (KPB) and PT Pertamina Rosneft Processing & Petrochemical (PT PRP&P) and PT Tuban Petrochemical Industries.

The second advantage, continued Isnanto, is related to KPI’s ability to adapt and master new technologies.

“An example is the Biofeedstock co-processing technology at our refinery which is important for the production of Biofuel, or clean energy,” he said.

Next is the market potential in Indonesia. With the synergy of Pertamina Group, according to Isnanto, KPI has a large market share in Indonesia.

Another point emphasized by Isnanto is the excellence of KPI’s Environmental, Social, and Governance (ESG) management.

“Currently, KPI’s ESG score is 24.2 which is classified as Medium Risk according to the Sustainalytics rating agency. The predicate is satisfactory as it shows that KPI has implemented company management according to ESG standards,” Isnanto said.

PT Kilang Pertamina Internasional (KPI) is a subsidiary of Pertamina with oil processing as its core business.

Gusty da Costa






We will provide you with an invoice for your reimbursable expenses.


New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.


$550 USD/Year


$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.


The obligation to allocate 60 percent of natural gas production for the domestic market (DMO) is expected to increase the utilization of the glass industry to 90 percent, says the Flat and Safety Glass Association (AKLP) in a statement.
A subsidiary of state owned energy company Pertamina, Pertamina New & Renewable Energy (Pertamina NRE) and Coal Power Generation Company Bangladesh Limited (CPGCBL) have signed a Memorandum of Understanding (MoU) of 500 MW grid-connected solar PV project at Moheshkhali area of Cox’s Bazar, Bangladesh, and other parts of the country.
The Financial Services Authority (OJK) has given the green light to the Muhammadiyah Muslim organization to establish or acquire an Islamic bank in Indonesia, citing the authority’s objective of fostering the growth of a robust and competitive Islamic banking industry.
State electricity company PT PLN energizes the first transmission line connecting its 150 kiloVolt (kV) Kolaka Substation in Kolaka regency, Southeast Sulawesi, with the substation of PT nickel mining company PT Ceria Nugraha Indotama (CNI), part of the Ceria Group.
The Ministry of Energy and Mineral Resources (ESDM) is considering possible relaxation for export of bauxite ores, an official said.
The Ministry of State-Owned Enterprises (SOEs) is pushing for state-owned companies to focus on six key sectors − basic infrastructure development, mineral industry downstreaming, energy security and defense system modernization, tourism development, SME initiatives, and agricultural development − to boost domestic economy.