Didi Setiarto, Senior Expert for Energy at Deputy I KSP The government has issued the Job Creation Law, aiming among others to simplify the licensing process, which is currently felt too convoluted. In the upstream oil and gas industry, this condition is still an obstacle, both at the central government and the regional level. The...
JAKARTA. The business certainty in the upstream oil and gas industry will be clearer after the promulgation of the Omnibus Law. The Law will be followed up by a Presidential Regulation (Perpres) that makes it easier for cooperation contract contractors (KKKS) to manage permits in carrying out operations. The system will be integrated, with the...
The 45th IPA Convex which was held on 1-3 September 2021 was officially closed virtually by the Head of SKK Migas Dwi Soetjipto on Friday (3/9) afternoon. All stakeholders in the upstream oil and gas sector agreed to optimize the use of natural gas as a solution in reducing carbon emissions, while improving the investment...
Indonesia’s Energy Security is still facing obstacles. The declining oil and gas production, due to the COVID-19 pandemic and global pressure to reduce carbon emissions, is one of the factors that clog the national energy supply, especially from the oil and gas sector. However, natural gas as clean energy can be a solution to meet...
Satya Widya Yudha, Member of The National Energy Council The continued rise of the National Energy Demand is expected. In his presentation, a Member of the National Energy Council, Satya Widya Yudha, said that based on the assumption of the General Draft of National Energy (RUEN), to meet domestic gas consumption the country needs...
The presence of the oil and gas industry in an area must have a positive impact on the surrounding community. The benefits of the upstream oil and gas industry can manifest in the surrounding community through the implementation of corporate social responsibility (CSR) programs. The company’s responsibility must touch all aspects of the life of...
JAKARTA. The government has prepared various incentives for the upstream oil and gas industry to ensure gas production running more smoothly from the supply side. However, immediate demand creation is a must to ensure that domestic needs can absorb the gas supply. The national gas balance shows that the gas demand in 2020 is 6.04...
As one of the largest archipelagic countries, Indonesia has abundant energy sources, including natural gas. The country needs optimal utilization of natural gas to support its huge energy needs in various sectors, as well as for national development. Data from the Ministry of Energy and Mineral Resources, compiled from the Indonesia Natural Gas Balance 2018-2027,...