JURIDICAL ANALYSIS OF PT PERTAMINA’S (PERSERO) POLICY IN MANAGING OIL AND GAS ENERGY CONTRACTS

Abstract

State-owned oil and gas energy company PT Pertamina (Persero) has a hospitality subsidiary known as PT Patra Jasa. However, the existence of PT Patra Jasa under PT Pertamina raises questions about the consistency of the content of the articles of association of the ownership of the hospitality business with the core focus of the business and the restructuring concept advocated by the Ministry of State-Owned Enterprises (BUMN). The purpose of this thesis is to propose the transfer of PT Patra Jasa to PT HIN, a subsidiary of PT Aviata (Persero) which is engaged in the tourism sector. This move aims to optimise PT Pertamina's focus on its core business, in line with the company's vision and mission, as well as supporting the country's economy. This move will allow PT Pertamina to be more consistent with its core business while complying with the efficiency principles enforced by the Ministry of SOEs. Through in-depth analysis, it is concluded that the transfer of PT Patra Jasa to PT HIN will provide significant long-term benefits, including improved focus, efficiency, and contribution to national economic growth. This research focuses on a normative juridical research approach in its completion process.