Martiono named Pertamina's new chief commissioner<\/p>\n
Leony Aurora and Ridwan Max Sijabat, The Jakarta Post, Jakarta<\/p>\n
The government has decided to install Martiono Hadianto as the
\nnew chief commissioner of state oil and gas company PT Pertamina
\nand replace two other board members.<\/p>\n
\"I signed the resolution taken in the shareholders' meeting
\nappointing Martiono Hadianto last night,\" State Minister for
\nState-Owned Enterprises (SOEs) Sugiharto said on Tuesday.<\/p>\n
Martiono, who headed Pertamina for fourteen months after he
\nwas elected in December 1998, will replace former state minister
\nfor SOEs Laksamana Sukardi, a top politician from the Indonesian
\nDemocratic Party of Struggle (PDI-P) who resigned from the board
\nlast year.<\/p>\n
Muhammad Abduh, a former deputy for finance of the National
\nDevelopment Planning Agency (Bappenas), has come in to take
\nSyafruddin Tumenggung's place and Umar Said, once the secretary-
\ngeneral of the Ministry of Energy and Mineral Resources, replaces
\nthe former director general for budgetary affairs at the Ministry
\nof Finance Ansyari Ritonga.<\/p>\n
Roes Aryawijaya and Iin Arifin Takhyan will remain on the
\nboard of commissioners.<\/p>\n
\"I view the reshuffle as necessary to revitalize Pertamina,\"
\nsaid Sugiharto.<\/p>\n
He expected the new board of commissioners to better supervise
\nthe oil and gas giant, and promised to work together to solve the
\nserious problems clouding the company, including the prolonged
\ndisputes with ExxonMobil on the Cepu block, and with the Karaha
\nBodas Company (KBC).<\/p>\n
Negotiations are currently underway between Pertamina and
\nExxonMobil to determine whether or not to grant a concession
\nextension for ExxonMobil, which expires in 2010, to operate the
\nhuge oil and gas block in East Java.<\/p>\n
Pertamina has also been engaged in a protracted legal battle
\nsince 1998 with KBC that has accused the government of breaching
\nits contract by stopping a geothermal power project it was
\ndeveloping in that year.<\/p>\n
As for the board of directors, Sugiharto said the government
\nhad no intention of doing a reshuffle, pending a review of their
\nperformance for the 2004 fiscal year.<\/p>\n
Pertamina's president Widya Purnama has been in the top
\nposition since August last year.<\/p>\n
Later on Tuesday, the state minister said the administration
\nwould soon replace the presidents of several troubled SOEs,
\nincluding national flag carrier Garuda Indonesia, ailing carrier
\nMerpati Nusantara, and state insurance company PT Jamsostek.<\/p>\n
\"We are still reviewing the management of all state
\nenterprises with bad KPI (key performance indexes),\" said
\nSugiharto on the sidelines of a ceremony to hand over donations
\nfrom Jamsostek for tsunami-stricken Aceh.<\/p>\n
He declined to name possible successors to head the SOEs.<\/p>\n
Meanwhile, Jamsostek's president Achmad Djunaidi defended his
\nperformance over the last four years, saying the company had
\ncontributed a lot to national workers since his appointment in
\n2000.<\/p>\n
\"Besides settling corruption cases in the company, we have
\nshowed good performance over the last four years,\" he said,
\nciting the unaudited net profit of Rp 3.3 trillion (US$360.65
\nmillion) that it booked in the 2004 fiscal year.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/martiono-named-pertaminas-new-chief-commissioner-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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