PetroChina Jabung Wins Subroto Award 2024

14 October 2024 by
Mohammad Iman Mahditama

PetroChina International Jabung Ltd. won the Subroto Award 2024 for Compliance on State Revenue in an event in Jakarta on Thursday evening (10/10).

The Subroto Award is the highest appreciation from the Ministry of Energy and Mineral Resources for stakeholders that contribute to boosting energy and mineral resources industries within the past year.

This year, PetroChina Jabung won the Subroto Award for Non-Tax State Revenue (PNBP) and Financial Performance in Upstream Oil and Gas, in the category of PSCs with Production of Under 100,000 BOEPD.

The award was handed over by Minister of Energy and Mineral Resources Bahlil Lahadalia at the 79th Mining and Energy Anniversary Celebration at the Hotel Indonesia Kempinski Grand Ballroom. President Joko Widodo was present during the event.

In his speech, the president said that energy and mineral resources was a highly strategic sector with huge potentials and multiplier effects for the national economy.

“We know that from 2014 until today, the non-tax state revenue from the energy and mineral resources industry has been significant, around Rp 1,800 trillion. This includes Rp 348 trillion in 2022 and Rp 229 trillion in 2023. This is so significant,” said President Jokowi, as he is popularly known.

He continued that the energy and mineral resources sector had very important added values that should be managed domestically.   

Separately, PetroChina Jabung President Director Qian Mingyang said that the company was honored and truly grateful for having received Subroto Award again this year for its contribution in non-tax state revenue.

“Managing upstream oil and gas blocks are becoming more challenging, including in Jabung. We need to boost exploration activities massively to ensure reserves for productions. On the other hand, we must carefully respond to developments in energy transition, environmental responsibility and social responsibility,” Qian explained.

“With full support from the government and other stakeholders, I hope PetroChina will be able to keep developing Jabung to its maximum potentials,” he continued.    

In 2023, PetroChina Jabung also won the Subroto Award for Non-Tax State Revenue (PNBP) in the category of PSCs with Production of 50,000 – 100,000 BOEPD. Meanwhile, in 2017 and 2021, PetroChina Jabung received the Subroto Award for Oil and Gas Safety. 

Mohammad Iman Mahditama October 14, 2024
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