M. Insan Pratama

Insan is a distinguished Partner within AHP’s Banking, Finance & Projects practice group, specializing in project financing and strategic legal advisory for the dynamic energy and infrastructure sectors. His expertise encompasses complex financing structures, particularly for high-value geothermal and electricity projects, and he is a trusted advisor to prominent clients across the oil and gas industry.

Prior to joining AHP, Insan honed his commercial and regulatory acumen over six years as in-house counsel at a global leader in oil and gas. In this pivotal role, he managed a broad spectrum of upstream, downstream, and midstream LNG matters, gaining unparalleled insights into the industry's intricate regulatory frameworks, commercial imperatives, and strategic drivers. This unique blend of in-house and private practice experience positions him to offer comprehensive, commercially astute legal solutions.

An active member of the Association of International Petroleum Negotiators (AIPN), Insan maintains a robust professional network within the oil and gas sector. He cultivates strong working relationships with key regulatory bodies, including SKK Migas and the Directorate General of Oil and Gas (Migas), facilitating seamless navigation of the Indonesian energy landscape.

Insan holds a Master’s degree in Law from a prestigious university in France, awarded with the support of a full scholarship from Total S.A.

• Assisted PT Rukun Raharja Tbk in negotiating a joint operation agreement with PT Pertamina Gas (Pertagas) for the development of 300 km downstream crude pipeline.
• Advised Korea LNG in the development of mini LNG receiving terminal at Bontang NGL terminal in cooperation with PT Pertamina (Persero) and PT PLN Gas & Geothermal. The project was subsequently aborted.
• Advising the sponsor, a subsidiary of a middle east state-owned entity, on the development of a 145 MW Floating Photovoltaic Solar Power Plant with a power evacuation substation. When in operation, the power plant will be the first floating photovoltaic power plant in Indonesia and one of the world’s largest. Being one of the first project to be developed under the new PLN’s direct appointment regime adds a bankability challenge to this project due to World Bank’s negative pledge clause. AHP has to find pragmatic and creative solutions to provide bankable security to the project’s lenders.
• Represented PT Meindo Elang Indah as part of the onshore consortium contractors with Samsung C&T Corporation and PT GE Operations Indonesia. The consortium is undertaking the onshore engineering, procurement, and commissioning work for Jawa-1 Project, a mega combined cycle gas-fired power plant project aimed to generate electricity of up to 1,760 MW. Our works include conducting due diligence, reviewing the onshore EPC contract, and issuing a legal opinion with respect to Meindo for the benefit of the lenders in order to allow PT Jawa Satu Power to reach financial close. The lenders in Jawa-1 Project consisted of Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance Co, Ltd (NEXI), The Asian Development Bank (ADB), Mizuho Bank Ltd, MUFG Bank Ltd, Overseas-Chinese Banking Cooperation Ltd, Credit Agricole Corporate and Investment Bank, and Société Générale.
• Successfully secured favorable arbitration decision in relation to the validity of the geothermal operating rights before the Indonesian Arbitration Board (Badan Arbitrase Nasional Indonesia).
• Acting for the Consortium of Star Energy Group (Indonesia), AC Energy Holdings (Philippines) and Electricity Generating Public Company Limited (Thailand) in relation to a USD 1,25 billion Term Loan Facility Agreement to fund the consortium’s USD 2.3 billion acquisition of Chevron’s Geothermal Portfolio in Indonesia. The loan agreement comprised a syndicate of 8 major banks located in the Philippines, Thailand, and Singapore. We advised on the Indonesian-law related issues arising from the transaction, drafted the transaction documents, and acted for the client to fulfil all conditions precedent to the deal’s completion. This transaction was part of a USD 3 billion takeover of Chevron’s geothermal assets in Indonesia and the Philippines, which is one of Asia’s largest operating geothermal portfolios.
• Advised Husky-CNOOC Madura Limited in the procurement of a floating production unit (FPU).
• Advised Star Energy in relation to PSC relinquishment and firm commitment.