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The original consolidated financial statements included hereinare in the Indonesian language.PT PERTAMINA HULU ENERGI DAN ENTITAS ANAK/AND SUBSIDIARIES Lampiran 5/126 ScheduleCATATAN ATAS LAPORAN KEUANGANKONSOLIDASIAN31 DESEMBER 2020(Dinyatakan dalam ribuan dolar AS, kecuali dinyatakan lain)NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSDECEMBER 31, 2020(Expressed in thousands of US dollars,unless otherwise stated)34. PERJANJIAN, KOMITMEN DAN KONTINJENSIPENTING (lanjutan)f. Perjanjian Pengalihan 10% ParticipatingInterest di KBH Blok ONWJ (lanjutan)34. SIGNIFICANT AGREEMENTS, COMMITMENTS ANDCONTINGENCIES (continued)f. Agreement to transfer a 10% ParticipatingInterest in ONWJ PSC (continued)Pada tanggal 17 Mei 2018 persetujuan ataspengalihan PI 10% di wilayah kerja ONWJ telahdisetujui oleh Menteri ESDM melalui surat dariMenteri ESDM kepada Kepala SKK MigasNo. 2803/13/MEM.M/2018. Dimana dinyatakandalam surat tersebut bahwa tanggal peralihanPHE ONWJ kepada MUJ ONWJ adalah sejaktanggal efektif KBH Blok ONWJ.On May 17, 2018 the approval of the transfer of the10% PI was approved by the ESDM ministerthrough a letter from the Minister of Energy andMineral Resources to the Head of SKK MigasNo. 2803/13/MEM.M/2018. The letter states thatthe date of the transfer of PHE ONWJ to MUJONWJ is from the effective date of the ONWJ PSC.Pada tanggal 17 Desember 2018, nilaipengalihan Participating Interest (%u201cPI%u201d) tersebutditetapkan melalui Surat dari Menteri ESDMkepada Kepala SKK MigasNo. 3149/12/MEM.M/2018. Nilai pengalihandihitung dari kewajiban BUMD atas porsibesaran jaminan pelaksanaan (PerformanceBond) untuk pelaksanaan komitmen kerja pastidan porsi pembayaran unrecovered cost olehKKKS baru kepada KKKS lama dengan nilaipenuh sebesar US$43.291.771.On December 17, 2018, the consideration for thetransfer of the PI was determined through a Letterfrom the Minister of Energy and MineralResources to the Head of SKK MigasNo. 3149/12/MEM.M/2018. The consideration iscalculated based on BUMD's share of thePerformance Bond for firm commitments and itsshare of settlement of unrecovered cost obligationby the new Contractor to the old Contractor totalingUS$43,291,771.g. Perjanjian Pengalihan 10% ParticipatingInterest di KBH Blok Siakg. Agreement to transfer a 10% ParticipatingInterest in Siak Block PSCPada tanggal 7 Agustus 2018, PHE Siak danPT Riau Petroleum Siak sepakat untukmenandatangani perjanjian pengalihan danpengelolaan 10% participating interest sesuaidengan Peraturan Menteri Energi dan SumberDaya Mineral No.37 Tahun 2016 tentangKetentuan Penawaran PI 10% pada Blok Minyakdan Gas Bumi. Sampai dengan tanggal laporankeuangan ini diselesaikan, pelaksanaanpengalihan dan pengelolaan participatinginterest belum dilakukan karena menunggupersetujuan dari menteri ESDMOn August 7, 2018, PHE Siak and PT RiauPetroleum Siak agreed to sign an agreement totransfer and operate a 10% participating interest inaccordance with Regulation of the Minister ofEnergy and Mineral Resources of the Republic ofIndonesia No.37 year 2016 on Offering Terms of10% PI in Oil and Gas Block. Until the date of thefinalization of these financial statements, thetransfer and operate participating interest notimplement yet due to waiting for approval Ministerof Energy and Mineral Resources.h. KBH Gross Split h. Gross Split PSCPada tanggal 11 November 2019, PHE Corridormenandatangani KBH Gross Split blok Corridordengan jangka waktu kontrak 20 tahun, yangberlaku efektif sejak tanggal 20 Desember 2023.On November 11, 2019, PHE Corridor signed theCorridor Block Gross Split PSC for a contractperiod of 20 years, which became effective from thedate of December 20, 2023.Pada tanggal 11 Juli 2018, PHE Salawati, PHESalawati Basin dan SKK Migas menandatanganiKBH Gross Split Blok Salawati dan KepalaBurung yang berlaku efektif masing-masingtanggal 22 April 2020 dan 15 Oktober 2020dengan jangka waktu kontrak selama 20 tahun.On July 11, 2018, PHE Salawati, PHE SalawatiBasin and SKK Migas signed Gross Split Salawatiand Kepala Burung Block with the effective fromApril 22, 2020 and October 15, 2020, respectively,with contract period of 20 years.Laporan ManajemenManagement ReportProfil PerusahaanCompany ProfileAnalisa & Diskusi ManajemenManagement Discussion & AnalysisIkhtisar 20202020 HighlightsPT Pertamina Hulu Energi2020 Laporan Tahunan TerintegrasiIntegrated Annual Report 806