The Refinery
A world-class integrated crude oil refinery and petrochemical complex in Special Economic Zone (SEZ) Arun
CRUDE PROCESSING CAPACITY
300,000
Designed for high-yield, high-complexity refining (BPD)
INDUSTRIAL FOOTPRINT
615 Ha
Prime contiguous land allocated inside SEZ Arun, Lhokseumawe
TAX HOLIDAY (YEARS)
20
0% Corporate Income Tax facility under SEZ Arun fiscal incentive framework
TOTAL INVESTMENT REQUIRED
$20B
Estimated project CAPEX for complete integrated refining complex (USD)
Strategic Investment Fundamentals
Anchored by guaranteed PT. Pertamina off-take, advancing toward National Strategic Project status, and driving national fuel sovereignty.
Off-Take & Revenue Security
Commercial cash flows are de-risked through Pertamina as the primary off-taker, securing immediate domestic distribution for high-purity Euro 5/6 fuels across Western Indonesia.
PSN Advancement
Currently advancing through official channels toward formal National Strategic Project (PSN) designation, ensuring prioritized government backing, streamlined permitting, and alignment with national energy infrastructure goals.
Macro Import Substitution
Addresses Indonesia’s structural energy trade balance by replacing imported refined products with high-spec domestic production, directly supporting long-term national energy security.
Executive Leadership & Governance
Guided by seasoned energy executives, technical leaders, and strategic advisors driving the 300,000 BPD SEZ Arun refinery development.
Teuku Badruddin Syah
President Director
Park Byeong Seol
FEED & EPC Director
Ankit Singh
Business Advisor
Irmawati Sudrajat
President Commissioner
Mahyiddin
Branch Manager
Kandou T Karjono
Project Manager
Harry Buchary
CSR Director
Basir
Director
Teuku Dhiwa Irmansyah
Assistant to The BOD
Teuku Rasya Alamsyah
Assistant to The BOD
Investor & Stakeholder Engagement
For institutional investment inquiries, strategic partnership opportunities, and government/regulatory coordination regarding the PT Korina Refinery Aceh development.