Bimasena Initiative to conduct Round Table Dialogue


In connection with the visit of the delegation of the Ministry of Strategic Resources of the Republic of Madagascar to Jakarta, Indonesia, the Bimasena Mines and Energy Society, in cooperation with PT Pranata Energy Nusantara (PENConsulting) conducted a Round Table Dialogue (RTD) between the Madagascar Delegation and the Indonesian Delegation of the Ministry of Energy and Mineral Resources and representatives of the Indonesian Oil and Gas Industry on August 6th, 2014.

The purpose of the RTD is to explore mutual cooperation by establishing a bilateral strategic, friendly relationship and economic cooperation, particularly in the mineral resources and energy sectors, between the two countries, as well as to renew the long-time cultural heritage between the people of Madagascar and the people of Indonesia.

The RTD was led by H.E. LALAHARISAINA, Joeli Valerien, the Minister of Strategic Resources of the Republic of Madagascar, and H.E. SusiloSiswoutomo, the Vice Minister of Energy and Mineral Resources of the Republic of Indonesia, represented by Mr. Edy Hermantoro, Director General of Oil and Gas.
H.E. LALAHARISAINA, Joeli Valerien, extended his appreciation and presented an overview and outlook of the Madagascar Oil and Gas Activites. Mr. Edy Hermantoro extended cordial welcome to the Madagascar Delegation and presented an overview of Indonesian Energy and Mineral Resources, including prevailing policies and regulations.
Also present Prof. Dr. Emil Salim, presented a summary of his recent visit to Madagascar, acknowledging a long legacy of partnership between the countries.

The delegates have exchanged information regarding their respective policies and regulations, business development, technology application, and human capital capacity building in the energy sector, particularly in the oil and gas subsector.

During this RTD, an agreement was made with respect to the following matters:

  • The field of energy, particularly oil and gas, geothermal, solar, and electricity have bright prospect for long-term cooperation.
  • Indonesia could provide competitive and competent services to Madagascar in the oil and gas sector, including but not limited to professional consultancy services for the upstream and downstream studies, drilling, EPC (engineering, procurement and construction), 3-G studies, technical advisory in the steam-flood for non conventional fields and other enhanced oil recovery (EOR) methods, and human capital education and training,
  • The State and private enterprises of both countries are encouraged to commence forming business cooperation and partnership in the mineral resources and energy sectors in various forms that meet their common interests. The respective government will facilitate the realization of such business cooperation and partnership in line with prevailing regulations of their respective country.

Both countries agreed to establish wherever possible an annual Indonesia – Madagascar Bilateral Mineral Resources and Energy Forum to further expand the long-term economic cooperation and collaboration to create mutually beneficial values and enhance the friendly relationship between the two countries. A Draft Memorandum of Understanding for the establishment of the Mineral Resources and Energy Forum had been prepared to be proposed to the respective Government prior signing at a later date.

We sincerely appreciate the interest of all stakeholders at this Round Table Dialogue.

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