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PE
National Oil Company Integrated

Pertamina

Jakarta, Indonesia · Established 1957 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

PT Pertamina (Persero) is Indonesia's state energy holding company spanning upstream (Pertamina Hulu), refining (6 refineries, 1 mbpd capacity), petrochemicals, and 5,500+ retail stations. Domestic production approximates 450 kbpd with declining mature fields. FY2024 revenue approximated $55 billion with net income near $2 billion. Refining import dependence remains a strategic challenge with RDMP refinery upgrade programme ongoing. Balikpapan and Cilacap are the largest refineries. Geothermal...

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