| Investment Value | : | IDR 246,2 Trillion |
| Funding Scheme | : | State-Owned Enterprice(SOE) |
| Location | : | Cilacap, Balongan, Dumai, Balikpapan, Plaju |
| Project Owner | : | PT Pertamina |
| Target Construction Date | : | 2018 |
| Commercial Operation Date | : | 2021 |
| Project Status | : | Transaction Stage |
Project 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%.