Pertamina is an Indonesian state-owned oil and gas corporation, officially named PT Pertamina (Persero). The term pertamina is both the common name for the company and its official acronym. Founded on December 10, 1957, Pertamina's primary function is to manage and oversee the exploration, production, refining, and distribution of crude oil, natural gas, and other oil-related products across Indonesia.
As a national oil company, Pertamina plays a crucial role in meeting the energy demands of Indonesia, the world's fourth most populous country. It operates in various sectors, including upstream exploration and production, downstream refining and marketing, as well as petrochemical and renewable energy businesses.
Pertamina has developed a vast network of oil and gas fields, refineries, storage facilities, distribution networks, and retail outlets across the Indonesian archipelago. It controls most of the domestic oil and gas production and supplies a significant portion of the country's energy needs.
Furthermore, Pertamina is involved in numerous joint ventures and partnerships with international oil companies to expand its presence globally. It also engages in various social and corporate responsibility initiatives aimed at sustainable development and providing benefits to local communities.
The term "Pertamina" has become synonymous with the Indonesian oil and gas industry, representing the country's efforts to ensure energy security and achieve self-sufficiency in the petroleum sector.
