BNI Distributes Gas Company Vendor Credit to Rp 8 trillion

Indobusiness - PT Bank Negara Indonesia Tbk (BNI) has provided funding to the vendor in the form of oil and gas company with a portfolio of supply chain financing of Rp 8.18 trillion in the first half of 2013.

On the other hand, the company also provides financing for korporsi ceiling to $ 13.2 trillion in the period.

Deputy Director of BNI Felia Salim explained that the company is quite serious in supporting the development of the national oil and gas industry. Of eight leading sectors are the focus of BNI business, oil and gas is one of them.

For the support given to the oil and gas company industry, he said, BNI get exclusive exposure of SKK Migas. "Exposure is granted exclusively to the BNI by SKK Chief Oil and Gas. This is a recognition of the achievements of the BNI has given special attention to the oil and gas industry, "he said in a statement on Thursday (11/07/2013).

Until the end of the first half of 2013, the Production Sharing Contract (PSC) oil and gas exploration in Indonesia reached 178 companies, and are already producing as much as 76 PSC.

Of the entire PSC is already in production, the 44 companies which are already a customer of BNI.

Some facilities BNI convenience provided to corporate customers, among others, the company has branches in Singapore and became the first bank in Indonesia which provides trustee or custodian services.

This facility has been used by the Indonesian oil and gas industry who really need the service, namely PT Pertamina (Persero), Total E & P Indonesia, and INPEX Corporation.

Along with a focus on services provided BNI to oil and gas industry, the company now also been trusted to manage the endowment fund management company of 37 oil and gas blocks. Meanwhile, the value until June 2013 amounted to 136.9 million U.S. dollars.