Investor Presentaiton
Proposed Synergy Initiatives until 2022
140
120
Operating Income (in USD Mio)
Additional Annual EBIT Contribution (in USD Mio)
R
Business Alignment & Optimization with Pertagas (ST/MT)
Mainly from Pipeline Optimalization for Tanjung Priok and Balongan
Others from Optimalization of overlapped customers, Competitive-based
pricing alignment, Joint Marketing in Dumai, Takeover of Pertagas' gas
allocation from 3rd parties, and Cost Savings (i.e.consulting, legal, IT,
land rental, O&M, Trainings etc)
By Year 2022
pgn
Estimated Synergy Value 2019-2022 $330.48
40-50 40%
Cost Savings
Additional Operating Income
10-20 15%
~$60M (45%)
~$20M (15%)
$12.70 (4%)
$317.78 (96%)
In long run, the growth of the
newly established Sub Holging Gas
is depending on
.
Capturing potential deals inside
of Pertamina Groups (at least
USD 20 Mio)
Business Expansion with full
support from Pertamina as
O&G Holding (at least USD 60
Mio)
Both segments contributes 60%
for added value
R
Captive Markets from O&G Holding (MT/LT)
100
Mainly from Revamping of Oil pipeline with BOT scheme
80
60
R
Others from O&M contract in PHE Mahakam, PEP new Supply, Cost Savings
Business Expansion in Sub Holding Gas (MT/LT)
50-60 45%
Mainly from Develop household gas pipeline with PPP scheme
60
60
Others from Streamlining CNG processing and transportation, LNG retails
TOTAL GENERATED SYNERGY VALUES
100-130
40
40
20
20
2018
2019
Business Expansion in Sub Holding Gas (MT/LT)
Business Alignment & Optimization with Pertagas (ST/MT)
2020
2021
2022
I Captive Market in O&G Holding (MT/LT)
~$53M (40%)
Short-term plan is to align
Pertagas Infratrcuture & Business
into PGAS to optimize the
outcomes of up to USD 53 Mio
p.a. or 40% of the total Synergy
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