Jakarta, hitclubapk3 Indonesia
—
PT
Pertamina
(Persero) disbanded or liquidated two subsidiaries following President Prabowo Subianto’s direction requesting a reduction of 1,000
BUMN
to only 200 state-owned companies.
Pertamina’s Director of Business Transformation and Sustainability, Agung Wicaksono, emphasized that the company fully supports President Prabowo’s direction.Therefore, Pertamina is taking several consolidation steps under the coordination of Danantara.
“We report that in 2025 this will be completed, the liquidation of two corporate entities which no longer have a strategic contribution will be carried out, as a streamlining step,” said Agung at the Hearing Meeting (RDP) with Commission VI DPR RI in Central Jakarta, Wednesday (19/11).
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”
First
, TRB London, a subsidiary that became part of the insurance company in February.
Second
, Pertamina Energy Services Pte.Ltd.”which is based in Singapore and was previously a subsidiary of Petral, whose liquidation was completed in July 2025 as part of the ongoing transformation and governance reform stages,” he explained.
Agung emphasized that the main goal of streamlining subsidiaries is so that Pertamina focuses on its core business, namely in the fields of oil and natural gas (oil and gas), processing, energy distribution and new renewable energy (EBT).
He said that in the future Pertamina would be leaner, highly competitive and able to make decisions quickly.
He hopes that this streamlining step will enable Pertamina to continue providing the best service to the community.On the other hand, functions that have been duplicating and adding to the burden can be reduced.
Step
streamlining
Pertamina, which is under the control of Danantara, according to Agung, focuses on downstream business integration.There are three sectors of concern, namely
commercial and trading
,
refinery and petrochemical
, as well
marine
or logistics/shipping.
“Currently, the process for the business merger or integration is being carried out internally to achieve internal approval in accordance with procedures. For example, this afternoon we will continue discussions with the Board of Commissioners to obtain approval on the technical details carried out with the preparation target
go live
2026,” said Agung.
Pertamina’s Director of Business Transformation and Sustainability, Agung Wicaksono, then detailed four steps to consolidate Pertamina’s subsidiaries.
First
, consolidation in the hospital business.Agung explained that Pertamina Bina Medika IHC was entering the study stage by Danantara for a series of transactions in 2025. He did not explain in more detail the fate of the hospital business.
Second
, the hotel sector under a subsidiary called PT Patra Jasa.Around nine hotel business units owned by Pertamina are currently being studied by Hotel Indonesia Natour (HIN) for the implementation of consolidation.
”
Third
,
airlines
or airlines with Pelita Air Services (PAS) owned by Pertamina.”Currently, in accordance with Danantara’s direction, a study is being carried out coordinated by Garuda Indonesia to determine the best steps for this consolidation,” he explained.
Fourth
, the insurance sector which is also currently undergoing a consolidation study by the Indonesia Financial Group (IFG).Agung emphasized that this does not only happen at Pertamina, but also includes other BUMNs that have subsidiaries in the insurance sector.
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(skt/dhf)
