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- 1. one MAY-JUNE 2013 MESSAGE FROM THE CHAIRMAN Dear Nawala Readers, Indonesia may not be the powerhouse anymore in the oil and gas industry, but we believe that Indonesia still has great potential in the sector but requires better investment climate in order to generate more revenue for the country. Indonesia was dropped from OPEC in 2008 after importing more oil than it produced. Even as a net importer, the industry still accounted for a large chunk of state revenue, with last year's amount at around $35 Billion. The industry has been hit by multiple challenges in the past couple years, notably regarding legal uncertainties and the cost of bureaucracy. We have also to deal with depleting oil reserves, while consumption continues to rise alongside strong economic growth. President Susilo Bambang Yudhoyono, speaking at the opening of the Indonesian Petroleum Association Convention on the 15th of May acknowledges the challenging situation of the industry and made promises that the government will try to improve the situation. The President added that he formed a team to streamline the bureaucracy and formulate the right incentives that will drive the future growth of the industry. It is encouraging to know that the President has sent strong signal to improve the industry. On the other hand we have to be aware that Indonesia is losing ground to its regional peers in terms of investment attractiveness. The cost of producing oil and gas in Indonesia is high, which could lead business to turn to other places. It is fair to say that the biggest problem hindering foreign investment in the oil and gas sector is the fuel subsidy issues. However the issue will be solved by the government very soon. Changing the report to a bigger picture, the year 2013 Indonesia marks the 15th Anniversary of the end of Suharto's administration and we have every reason to be proud of how far our nation has come. On the 21th of May 1998 Indonesia was a nation in crisis. The government was disarray and the economy was in free fall. Fifteen years on, Indonesia is a nation transformed. It is the darling of investors and a member of G-20 group of largest economies in the world. But even as we bask in our achievements, we must look to our future and what the next 15 years will bring for the nation. Bimasena is ready to the rise of future challenges, to continue serve the oil and gas industry as a venue of pleasant and smooth interaction of its stakeholders. CONGRATULATIONS - JAKARTA IS 486 YEARS OLD Born in the 15th century, Jakarta is now 486 years old with a population of more than 10 million people. The theme of this year is “Jakarta Baru, Jakarta Kita” a meaningful concept of a society in unity. It has a sense of passion for change and a more humane Jakarta, better future, own identity in this growing diverse pluralistic Jakarta. 35 Events will be held for this anniversary celebration - Jakarta International 10K, Jakarta Great Sale, Jakarnaval, Pekan Raya Jakarta (PRJ), sports and art promotion. BIMASENA BOARD Period 2009-2013 Founders Prof. Dr. Subroto Prof. Dr. Widjojo Nitisastro Chairman Prof. Dr. Subroto Vice Chairman Mr. Michael Sumarijanto BOARD OF ADVISORS Chairman Ir. Jero Wacik, SE Minister of Energy and Mineral Resources RI Members Ex-officio Minister of State Secretary Minister of Foreign Affairs RI Minister Of State-Owned Enterprises Chairman of Investment Coordinating Body Mr. A.R. Ramli BOARD OF TRUSTEES Chairman Mr. Waryono Karno, SE, MBA Secretary General of the Ministry of Energy and Mineral Resources Members Drs. Mochtar Husein Inspector General of the Ministry of Energy and Mineral Resources Ir. A. Edy Hermantoro, M.Si Director General of Oil and Gas Ir. Jarman, M.Sc Director General of Electricity Dr. Ir. Thamrin Sihite, M.Sc. Director General of Mineral, Coal and Geothermal Resources Ir. Rida Mulyana, M.Sc Director General of New Energy, Renewable and Energy Conservation Dr. Rudi Rubiandini Chairman of SKK Migas Dr. Ir. Andi Noorsaman Someng, DEA Chairman of BPH Migas Ir. Tato Miraza, SE, MM President Director of PT. Aneka Tambang (State-owned Mining Company) Ir. Karen Agustiawan President Director of PT. Pertamina (Persero) (State-owned Oil and Gas Company) Mr. Hendi Prio Santoso President Director of PT. PGN (State-owned Gas Company) Ir. Nur Pamudji President Director of PT. PLN (Persero) (State-owned Electricity Company) Mr. Milawarma President Director of PT. Tambang Batubara Bukit Asam (State-owned Coal Mining Company) Ir. Sukrisno PresidentDirectorofPT.Timah(State-ownedTinCompany) Mr. Suryo Bambang Sulisto ChairmanofIndonesianChamberofCommerce&Industry Mr. Martiono Hadianto Chairman of Indonesian Mining Association Ir. Moch. Harry Jaya Pahlawan Dipl. Ec., Msc Chairman of Indonesian Electrical Power Society Mr. Hend Prio Santoso Chairman of Indonesian Gas Association Ir. Abadi Poernomo President of Indonesian Geothermal Association Ir. Lukman A. Mahfoedz President of Indonesian Petroleum Association Dr. (Hc) Rachmat Gobel Chairman of Indonesian Renewable Energy Society Dr. Ir. Andang Bachtiar (*) Chairman of the Indonesian Oil & Gas Society Ir. Herman Afif Kusumo Chairman of Indonesian Mining Society (*) to be confirmed
- 2. two Workshop: Suitability of a Central Power Project & Risk Analysis 30+31 May 2013, Nusantara Room, The Dharmawangsa Jakarta PURPOSE AND AIM The aim and purpose to organize a Project Advisability Analysis Exercise is: To introduce several Electric Power technologies chosen for a PLN project, clarify methods to study operational and financial advisability Other than that to also support networking interest among the power business activity stakeholders, especially with regard to the aspect of financing, for an exchange of information and benchmarking, experience, breakthrough ideas, and the comprehension of concrete steps to face the challenge and prospect on electricity availability of “mega” scale, as well as small and medium range. and Give information on development possibilities of electric power projects in Indonesia. This exercise is constructive for participants from all regions: Analyze Policies, Legal Regulations and Guidelines in the field of Energy, Finance and Taxation, and also the Regulations valid at PT PLN on Power Purchase Agreement (PPA) Study the latest technology of Power Generation, Project Financing Packages, Directives on Loan Returns, Comprehension of Business Opportunities and Anticipation of Possible Investment Risks in the electricity sector. PARTICIPANTS Stakeholders in the power business sector in the field of Electric Power Project Development - Banks/Finance Institutions - Project Engineers, Project Managers, Power Project Investors EXTENSION of SPECIAL PROMO The Dharmawangsa Jakarta announces the extension of the special promotional room rate for Bimasena Members at $195.00++ at Executive Room. Exclusive is the cut rate plus “Breakfast for Two” and is valid for Bimasena Member Cardholders only. The Promo rate is valid until 31 August 2013. For further information, please contact: The Dharmawangsa Jakarta Jl. Brawijaya Raya No. 26, Kebayoran Baru, Jakarta 12160, Indonesia Tel: (62-21) 725 8181 Email: reservation@the-dharmawangsa.com - - - - -
- 3. three Intraceutical: An Oxygen Facial Infusions Treatment 10 Cox's Road, Kowloon, Hong Kong. Phone (852) 3473-7000 Fax (852) 2311-1432. Website: www.kcc.org.hk Reciprocal club list who have recently joined KOWLOON CRICKET CLUB Members are entitled to enjoy full non-resident worldwide membership privileges at our Reciprocal Clubs Network. Letter of Introduction from BIMASENA, membership card and passport are required when visiting the reciprocal club. The reciprocal list of Bimasena can be seen on our website www.bimasena.co.id THE UNIVERSITY CLUB SAN FRANCISCO 800 Powell Street, San Francisco, CA 94110 Phone 415 781 0900 (main). Fax 415 677 9323. Website: www.univclub.com UNIVERSITY CLUB OF ST. PAUL, MINNESOTA, USA Summit Avenue Clubhouse, 420 Summit Avenue Saint Paul, Minnesota 55102-2699 Phone 651-222-1751. Fax 651-290-7170 Website: www.universityclubofstpaul.com Saint Paul Athletic Club 340 Cedar Street Saint Paul, Minnesota 55101-1100 Phone 651-291-7722 Website: www.thespac.com Stout's Island Lodge 2799 27th Street, Birchwood, WI 54817 Phone 715-354-3646 Website: www.stoutsislandlodge.com When it comes to getting an instant bright and fresh look and a restored wellbeing in the midst of your busy day, The Bimasena Spa offers a 30-minute Intraceutical treatment, an oxygen facial treatment that combines powerful anti-ageing ingredients, vitamins and anti-oxidants with multi weight hyaluronic acid to brightens your appearance. Intraceutical treatment rejuvenates, nourishes, and hydrates your skin; stimulates cell renewal and skin regeneration; and visibly reduces fine lines and blemishes. Intraceutical Oxygen Facial Infusions are available in three (3) different treatments: Rejuvenate Oxygen Infusion Reduces fine lines and blemishes and makes skin radiant and fresh • Brightening Oxygen Infusion Balances uneven skin pigmentation and hydrates the skin. • Anti Wrikle Oxygen Infusion A natural alternative to anti-wrinkle injections. It reduces deep expression lines, makes eye contour more defined and lips plumped. Treatment packages are also available For further information please contact: The Bimasena Spa Reception at telephone: (62-21) 725 8668 ext. 6300
- 4. Jl. Dharmawangsa Raya No. 23, Kebayoran Baru, Jakarta 12160, Indonesia Telephone : (62-21) 725 8668; Facsimile: (62-21) 725 8778 E-mail : bimasena@cbn.net.id Website : www.bimasena.co.id (Through Mozilla Firefox) For more information, please contact: Bimasena Hands-On Cooking Class “The Authentic Japanese Cuisine” Friday, 26 April 2013, at Sekitei Japanese Restaurant, Grha Bimasena Saturday Brunch at Sekitei Japanese Restaurant, Grha Bimasena In celebrating the 486th Anniversary of Jakarta, the Capital of Indonesia, The Dharmawangsa Jakarta welcomes you to explore the richness of the Jakarta Culinary Heritage, as presented at the Jakarta Restaurant. Savour this culinary experience of authentic “Betawi” cuisine at a sumptuous buffet as well as at live cooking stations with decorations in Betawi style to enhance the traditional atmosphere. Live musical entertainment with Gambang Kromong and Keroncong will add to the festive occasion. For further information, please contact: Jakarta Restaurant, The Dharmawangsa Jakarta At (62-21) 25 8181 ext. 6237 Jakarta Culinary Heritage at Jakarta Restaurant, The Dharmawangsa Jakarta 4 - 22 June 2013 at 19.00-22.30h Every Saturday Starting from 11:00-15:00 hours Rp 325,000++/adult, Rp 225,000++/child (4-11 years old) (Inclusive of free flow of Cold or Hot Ocha) For further information please contact: Sekitei Japanese Restaurant at telephone (62-21) 725 8668 ext. 6219 Experience the art of authentic Japanese cuisine by participating in our hands-on cooking class presented by Head Chef Yamaji Masaharu from Sekitei Japanese Restaurant. Specialties: Cawan Mushi Sushi Roll (California, Ebi Tempura, Unagi) Shusi Nigiri (Salmon, Maguro, Prawn) Yakiniku. Participants of Hands-On Cooking Class “The Authentic Japanese Cuisine” for Bimasena Members, Apartment Tenant and guests.