PT Pertamina Persero the Company

371 Laporan Tahunan PERTAMINA 2014 | PERTAMINA Annual Report 2014 PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 54 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 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 PT Pertamina EP “PEP”, PT Pertamina EP Cepu “PEPC”, PT Pertamina EP Cepu Alas Dara Kemuning “PEPCADK” 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 PT Pertamina EP “PEP”, PT Pertamina EP Cepu “PEPC”, PT Pertamina EP Cepu Alas Dara Kemuning “PEPCADK” 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 dan entitas anak berpartisipasi dalam ventura bersama minyak dan gas bumi di Aljazair, Irak, Malaysia, Vietnam dan Libya. The Company and its subsidiaries also participate in oil and natural gas joint ventures in Algeria, Iraq, Malaysia, Vietnam and Libya. - 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. 372 Laporan Tahunan PERTAMINA 2014 | PERTAMINA Annual Report 2014 PT PERTAMINA PERSERO DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 55 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2014 DAN 2013 Dinyatakan dalam ribuan Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2014 AND 2013 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