Pertamina CEO Discusses Downstream Integration and Tax Incentives with Finance Minister

Strategic Meeting at Ministry of Finance

Pertamina CEO Simon Aloysius Mantiri visited Finance Minister Purbaya Yudhi Sadewa at the Ministry of Finance office on January 9, 2026, accompanied by Deputy CEO Oki Muraza and Finance Director Emma Sri Martini ¹

. The meeting focused on several strategic agenda items, particularly the planned integration of Pertamina's downstream business operations ¹

Source 1

https://industri.kontan.co.id/news/bos-pertamina-bertemu-purbaya-singgung-integrasi-hilir-hingga-usulan-insentif-pajak

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Source 2

https://finance.detik.com/energi/d-8299361/bos-pertamina-tiba-tiba-sambangi-purbaya-ada-apa

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Downstream Business Consolidation Plans

The proposed integration involves consolidating PT Kilang Pertamina Internasional (KPI), PT Pertamina Patra Niaga, and PT Pertamina Internasional Shipping (PIS) to create a more efficient downstream business structure ²

. This restructuring aims to streamline operations and potentially enhance overall business performance.

Tax Incentives Discussion

The meeting also touched on the topic of tax incentives for Pertamina's corporate actions. This comes after Minister Purbaya previously stated that the Ministry might not provide tax incentives for state-owned enterprises undergoing restructuring or mergers, as mentioned by CEO Danantara Rosan Roeslani ²

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Implications for Pertamina's Corporate Strategy

The planned integration and discussions about tax incentives are crucial for Pertamina's future corporate strategy. A successful consolidation could lead to improved operational efficiency and potentially better financial performance. However, the outcome of the tax incentives discussion remains uncertain given the Minister's previous stance ¹

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