Jakarta, Aktual.com – Motive annexation of PT Perusahaan Gas Negara (PGN) Tbk into PT Pertamina (Persero) through holding allegedly because of factors unhealthy business competition. This effort is going to control and monopoly gas business sector in Indonesia.
So far, the main domain of business lies in the Pertamina oil but as you know the oil business future prospects are no longer promising. given the bowels of the earth reserves in Indonesia rarely seen and experienced shortages.
But otherwise different for the gas, exploration results is many find reserves of comparatively large, so it is what triggers unhealthy competition and annexation to PGN in an effort monopoly gas business in Indonesia with promising profit prospects.
“This is attempt mafia and ‘estab-bonsai-ness’, PGN is again nice and develop business in the gas sector, Pertamina do not want unrivaled by PGN in terms of gas, because the gas business prospects for the future more than the oil. So it is something of a holding of energy,” said Manager of Advocacy of the Indonesian Forum for Budget Transparency (FITRA), Apung Widadi to Aktual.com, Monday (15/8).
Then from the similar process occurs annexation of coercive and unilateral measures, given by 43 percent in the company shares are public or private stock, so that through the Minister of State, Rini Soemarno of intervention against businesses that disrupt private stock price.
“It PGN annexed by Pertamina. The problem is PGN annexation is the price determined by the unilateral, it’ll be an asset if Pertamina or not? It’s not clear. So later PGN cheaply valued by Pertamina,” said Apung.
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