Rimba Supriatna, Mahinda Arkyasa
Satya W. Yudha, a member of Commission VII of the House of Representatives, asserted that nationalization of the oil and gas sector relies on the credibility of the Special Work Unit for Upstream Oil and Gas Activity (SKK Migas). He hopes that SKK Migas would be able to control state revenue and expenses related to the oil and gas industry, including cost recovery.
Satya explained that Indonesia’s sovereignty over its oil and gas sector can be measured based on SKK Migas’ performance.
“Sovereignty will be taken from our hands if SKK Migas is not in control. This will end up burdening the country,” he said during a seminar on Indonesian Oil and Gas Industry Outlook 2013, held by the Indonesian Petroleum Engineering Experts Association at the Ministry of Energy and Mineral Resources, Jakarta, Monday (25/3).
He also added that low spirit of oil and gas nationalization can be attributed to overlapping laws and regulations. Consequently, he stated that the Government should strive to harmonize regulations on the oil and gas industry.
Meanwhile, Rudi Rubiandini, Chairman of SKK Migas, explained that SKK Migas is working to show their alignment with national interests by involving national institutions from various sectors, such as banking, insurance, operational goods procurement, and state owned-enterprises, in managing upstream oil and gas activities.
Rudi also encouraged every party and stakeholder in the oil and gas industry to improve their capacity and operational capabilities in an effort to improve the quality of Indonesia’s oil and gas industry.
(jt)
Rimba Supriatna, Mahinda Arkyasa
Satya W. Yudha, a member of Commission VII of the House of Representatives, asserted that nationalization of the oil and gas sector relies on the credibility of the Special Work Unit for Upstream Oil and Gas Activity (SKK Migas). He hopes that SKK Migas would be able to control state revenue and expenses related to the oil and gas industry, including cost recovery.
Satya explained that Indonesia’s sovereignty over its oil and gas sector can be measured based on SKK Migas’ performance.
“Sovereignty will be taken from our hands if SKK Migas is not in control. This will end up burdening the country,” he said during a seminar on Indonesian Oil and Gas Industry Outlook 2013, held by the Indonesian Petroleum Engineering Experts Association at the Ministry of Energy and Mineral Resources, Jakarta, Monday (25/3).
He also added that low spirit of oil and gas nationalization can be attributed to overlapping laws and regulations. Consequently, he stated that the Government should strive to harmonize regulations on the oil and gas industry.
Meanwhile, Rudi Rubiandini, Chairman of SKK Migas, explained that SKK Migas is working to show their alignment with national interests by involving national institutions from various sectors, such as banking, insurance, operational goods procurement, and state owned-enterprises, in managing upstream oil and gas activities.
Rudi also encouraged every party and stakeholder in the oil and gas industry to improve their capacity and operational capabilities in an effort to improve the quality of Indonesia’s oil and gas industry.
(jt)