State firms set up PMLI to treat waste from upstream operations

By Bernard Loebs

State-owned mine holding company PT Indonesia Asahan Aluminum (Inalum) and its three subsidiaries have set up a joint venture company called PT Panca Mitra Limbah (PMLI), which is engaged in the processing of waste from upstream oil and gas production activities in the country.

Djoko Siswanto, Deputy at upstream oil and gas authority SKK Migas, told Petromindo.com recently that PMLI will initially focus on treating waste from Chevron Pacific Indonesia (CPI) operations at Rokan block in Riau Province.

He said that the setting up of PMLI, which has an issued and fully paid capital of Rp 15 billion, is aimed at providing a reliable third party integrated waste treatment services for upstream operations across the country.

The government has recently transformed Inalum into a holding company for three state-controlled mining firms including coal miner PT Bukit Asam Tbk, tin miner PT Timah Tbk, and mining firm PT Aneka Tambang Tbk.

Editing by Reiner Simanjuntak