Balikpapan Refinery power plant
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Balikpapan Refinery power plant is a power station under construction in Balikpapan, East Kalimantan, Indonesia.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Balikpapan Refinery power plant | Balikpapan, East Kalimantan, Indonesia | 1.578726, 114.608756 (approximate)[1] |
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year |
|---|---|---|---|---|---|---|
| 1 | Construction[2][3][4][5][6][7] | fossil gas: natural gas[7] | 56[5] | gas turbine[7] | not found | 2025 (planned)[8][9][3][5][7] |
| 2 | Construction[4][3][5][6][7] | fossil gas: natural gas[7] | 56[5] | gas turbine[7] | not found | 2025 (planned)[8][9][3][5][7] |
| 3 | Construction[4][3][5][6][7] | fossil gas: natural gas[7] | 56[5] | gas turbine[7] | not found | 2025 (planned)[8][9][3][5][7] |
| 4 | Construction[4][3][5][6][7] | fossil gas: natural gas[7] | 56[5] | gas turbine[7] | not found | 2025 (planned)[8][9][3][5][7] |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| 1 | Balikpapan Refinery [100%][7] | PT Pertamina (Persero) [100.0%] |
| 2 | Balikpapan Refinery [100%][7] | PT Pertamina (Persero) [100.0%] |
| 3 | Balikpapan Refinery [100%][7] | PT Pertamina (Persero) [100.0%] |
| 4 | Balikpapan Refinery [100%][7] | PT Pertamina (Persero) [100.0%] |
Project-level captive use details
- Captive industry use (heat or power): power[7][4][3][5]
- Captive industry: Oil & Refining[7][4][3][5]
Financing Details
PT Pertamina is believed to have provided equity financing for the project. Additionally, in June 2023 Pertamina reached a US$3.1 billion financing deal with export credit agencies (including the Export Import Bank of Korea, Korea Trade Insurance Corporation, Export-Import Bank of the United States, and SACE S.p.A.), and 22 commercial banks. Known financiers include Bank of China, Credit Agricole Group, Deutsche Bank, DZ Bank, HSBC, KEB Hana Bank, Maybank, Mitsubishi UFB Financial Group, Mizuho Financial Group, National Bank of Kuwait, OCBC Bank, Santander, Societe Generale, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation.[10][11] [12][13]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Articles and Resources
References
- ↑ https://www.google.com/maps/place/Borneo/@1.4359533,109.5440594,6z/data=!4m13!1m7!3m6!1s0x3200a51b0ce8057b:0xf81f7b0a97d0b88a!2sBorneo!3b1!8m2!3d0.9618834!4d114.5548495!3m4!1s0x3200a51b0ce8057b:0xf81f7b0a97d0b88a!8m2!3d0.9618834!4d114.5548495.
{{cite web}}: Missing or empty|title=(help) - ↑ "Funding Secured, Pertamina Balikpapan Refinery RDMP Becomes an Environmentally Friendly Modern Refinery". www.pertamina.com. Archived from the original on 2024-06-06. Retrieved 2024-06-04.
{{cite web}}: Text "Pertamina" ignored (help) - ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 https://web.archive.org/web/20220526053045/https://globalenergyinfrastructure.com/news/2022/01-january/pt-pertamina-s-balikpapan-rdmp-continues-strong-progress/. Archived from the original on 2022-05-26.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 4.3 4.4 4.5 (PDF) https://web.archive.org/web/20221022160548/https://www.pertamina.com///Media/File/Pertamina_Annual_Report_2021.pdf. Archived from the original (PDF) on 2022-10-22.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.00 5.01 5.02 5.03 5.04 5.05 5.06 5.07 5.08 5.09 5.10 5.11 5.12 5.13 https://web.archive.org/web/20220626082511/https://press.siemens-energy.com/global/en/pressrelease/siemens-supply-compression-and-power-generation-equipment-balikpapan-refinery. Archived from the original on 2022-06-26.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 6.2 6.3 https://indonesiabusinesspost.com/3504/investment-and-risk/bahlil-pushes-for-accelerated-completion-of-balikpapan-rdmp-expansion-by-july-2025?utm_source=chatgpt.com.
{{cite web}}: Missing or empty|title=(help) - ↑ 7.00 7.01 7.02 7.03 7.04 7.05 7.06 7.07 7.08 7.09 7.10 7.11 7.12 7.13 7.14 7.15 7.16 7.17 7.18 7.19 7.20 7.21 https://web.archive.org/web/20220709134159/https://www.ogj.com/refining-processing/refining/optimization/article/14176881/pertamina-lets-contract-for-balikpapan-refinery-upgrade. Archived from the original on 2022-07-09.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 8.2 8.3 https://web.archive.org/web/20221221040831/https://www.hydrocarbonprocessing.com/news/2022/12/the-upgrade-at-pt-pertaminas-balikpapan-refinery-will-increase-production-to-360-mmbpd. Archived from the original on 2022-12-21.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 9.2 9.3 https://indonesiabusinesspost.com/insider/balikpapan-refinery-project-targets-full-operation-by-2025-amid-challenges/.
{{cite web}}: Missing or empty|title=(help) - ↑ "Indonesia's Pertamina reaches $3.1 billion ECA and bank financing deal for Balikpapan oil refinery | www.eca-watch.org". web.archive.org. Retrieved 2025-09-16.
- ↑ "Indonesia's Pertamina reaches $3.1 billion financing deal for Balikpapan". Reuters. Retrieved 2025-09-16.
- ↑ "Balikpapan Refinery Capacity Upgrade, Modernisation and Expansion". IJGlobal. 4 December 2023. Retrieved 15 September 2025.
{{cite web}}: CS1 maint: url-status (link) - ↑ Post, Indonesia Business. "Balikpapan refinery project targets full operation by 2025 amid challenges". https://indonesiabusinesspost.com/. Retrieved 2025-09-16.
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Additional data
To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
