KPR Lethargic the last two months, not necessarily because DP Up

Jakarta -although the data indicate the filing of Mortgages (MORTGAGES) dropped in the last two months, as a result of the new rules have not been proved down payment (DP) or Loan to Value (LTV) is 30%.

Decrease in filings KPR period of July and August 2012 annual cycle caused more related to school holidays and Fasting and Lebaran preparation.

"Yesterday's declines occur because of Lebaran cycle only. Rules can not say affect LTV (KPR demand), "said VP of Consumer and Retail Landing PT Bank Negara Indonesia Tbk, Nugroho Indrastomo to detikFinance, Friday (24/8/2012).

Influence home sales due to new note more LTV, factual in the period September 2012. Data in the month of September until the end of the year, will show a correlation with Bank Indonesia's policy.

"July is down, August may be lower due to the allocation of funds is not any more to it (the House). We saw in September, "he asserted.

Earlier, BI said LTV policy for conventional MORTGAGES bank for home ownership will not hinder business property.

Director of Directorate of economic research Monetary policy and BI, Perry Warjiyo speak, banks have stricter financing rules than in the financing institutions, so that with the restrictions that will be arrange down payment financing business becoming more awake.

(wep/ang)

Because snakes and Lightning oil production Dropped to 15,000 Barrels of RI

Jakarta -Indonesia crude oil production Decrease not only due to natural factors or treatment means drilling. This can happen because it is unthinkable that, one of them a result of snakes or lightning. How come?

Deputy Executive Agencies Operating business activities Upstream Oil and Gas (BP Migas) Gde Pradyana said oil production was down, it could be due to lightning and snakes, even the descent can be quite a lot of reach 15,000 barrels per day.

"Because of the lightning even snakes, oil production could reach Indonesia down 10,000 barrels-15,000 barrels per day. As experienced Chevron Pacific Indonesia (CPI), said Gde in Jakarta, Monday (14/8/2012).

"Lightning strikes can shut down the production process, a snake wrapped around wires shorted electrical equipment often make and cause the engine to die, when it's a dead engine production would cease," he said.

Moreover, as is often experienced by Chevron which has a field of thorns (Riau) with contours of heavy oil. If the engine stalled, steam steam to heat and melt the oil back down, so the oil return solidified and difficult to produce.

"That's why I concentrated forward, how to solve this problem with uplifting his workers of such barriers. Because of the decline in production of Chevron's very big and of course have an impact on crude oil production, anjloknya production could reach 10,000-11,000 barrels per day, "he said.

Interference experienced by Chevron, said Gde evident significant lower production mintak naisonal. Of national oil production 890,000 barrels per day production, reduced Chevron is reduced 10,000 barrels per day, then the results can be only 880.000 bph.

"On the other hand, we also strive to increase production with the production of countless small frantically, one being a development of 12 oil and gas field with estimated investments amounted to approximately US $ 830 million. The projects are expected to be able to start production (on the stream) from 2012 until 2014, "cetus Gde.

(rrd/dnl)