PT Pertamina Persero Perusahaan

PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 54 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2013 DAN 2012 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012 Expressed in thousands of US Dollars, unless otherwise stated

1. UMUM lanjutan

1. GENERAL continued

a. PT

Pertamina Persero Perusahaan lanjutan

a. PT

Pertamina Persero the Company continued ii. Wilayah kerja, kegiatan usaha dan alamat utama lanjutan ii. Working areas, business activities and principal address continued - Aktivitas Hulu - Eksplorasi dan produksi minyak mentah dan gas bumi - Upstream Activities - Exploration for and production of crude oil and natural gas Aktivitas hulu minyak dan gas di Indonesia dilakukan oleh Perusahaan, PT Pertamina EP dan entitas anak dari PT Pertamina Hulu Energi PHE melalui struktur partisipasi Indonesian Participation - IP dan Pertamina Participating Interests - PPI, Kontrak Kerja Sama KKS, dan Joint Operating Body - PSC KKS yang dioperasikan bersama pihak ketiga. Indonesian upstream oil and gas activities are conducted by the Company, PT Pertamina EP and subsidiaries of PT Pertamina Hulu Energi PHE through participation arrangements Indonesian Participation - IP and Pertamina Participating Interests - PPI, Production Sharing Contracts PSCs, and Joint Operating Body - PSC a PSC jointly operated with a third party. Perusahaan berpartisipasi dalam ventura bersama minyak dan gas bumi di Vietnam, Libya, Aljazair dan Irak. The Company participates in oil and natural gas joint ventures in Vietnam, Libya, Algeria and Iraq. PHE juga berpartisipasi di dalam kegiatan kerjasama minyak dan gas bumi di Malaysia dan Australia. PHE also participates in oil and natural gas joint ventures in Malaysia and Australia. - Aktivitas Hulu - Eksplorasi dan produksi panas bumi - Upstream Activities - Exploration for and production of geothermal Aktivitas panas bumi meliputi kegiatan eksplorasi dan produksi uap dan listrik. Aktivitas ini dilaksanakan oleh PT Pertamina Geothermal Energy PGE. Geothermal activities include exploration for and production of steam and generation of electricity. These activities are conducted by PT Pertamina Geothermal Energy PGE. Selain aktivitas panas bumi yang dilakukan oleh PGE sendiri, PGE juga memiliki Kontrak Operasi Bersama KOB dengan pihak ketiga untuk mengembangkan area-area panas buminya. Sesuai dengan KOB, PGE berhak menerima Production Allowance per triwulan sebagai kompensasi manajemen sebesar antara 2,66 dan 4 dari laba operasi bersih KOB. In addition to geothermal activities conducted directly by PGE its own operations, PGE has also entered into Joint Operating Contracts JOCs with third parties to develop its geothermal working areas. In accordance with the JOCs, PGE is entitled to receive Quarterly Production Allowances representing managerial compensation of between 2.66 and 4 of the JOC’s net operating income.