Convex News

INDONESIA’S STRUGGLE TO BOOST ITS OIL AND GAS LIFTING

It is challenging for Indonesia to meet its oil and gas lifting target, and even more challenging to boost it up. In 2019, based on data from The Upstream Oil and Gas Special Task Force (SKK Migas), Indonesia’s oil and gas lifting is below its targets which are 746,000 barrel oil per day (BOPD) and...

Gas, Indonesia’s Chance to Meet It’s Energy Demand and Boost Up Its Industry

As its oil production continues to plummet, gas has become an opportunity for Indonesia to meet its energy demand. Therefore, gas is no longer being treated as a  source of revenue for Indonesia, but as a key driver of its economy and industrial growth. Data from The Upstream Oil and Gas Special Task Force (SKK...