Ada Pertanyaan? Hubungi Kami 
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Ada Pertanyaan? Hubungi Kami Kartini Laras Makmur, Andin Aditya Rahman
There is a general consensus among numerous government officials that the current legal framework for the oil and gas sector, namely Law No. 22 of 2001(Oil and Gas Law), is inadequate to properly support domestic oil and gas production, particularly in regard to the exploration of new reserves.
Gde Pradnyana, Secretary of the Special Works Unit for Upstream Oil and Gas Activities (SKK Migas), admitted that the continued decrease in domestic lifting is common knowledge. The decrease in domestic production will stop if new oil and gas reserves are found. Unfortunately, the Oil and Gas Law fails to support the exploration of newly discovered oil and gas reserves.
“The Oil and Gas Law does not support explorative activities, as is apparent from its articles that are not supporting this business, such as matters related to taxes and incentives for exploration. Due to this, the future oil and gas draft bill must accommodate exploration,” emphasized Gde at a discussion forum in Jakarta on Tuesday.
At the same event, Naryanto Wagimin, Director of Oil and Gas Development Programs at the Ministry of Energy and Mineral Resources, expressed his hopes for an amendment to the Oil and Gas Law in the near future. According to Naryanto, this is of the utmost importance to support infrastructure development and to promote domestic production of oil and gas.
“We all have joint commitments in oil and gas management so it can be issued soon,” stated Naryanto.
Naryanto said that his institution recorded approximately 150 companies that carried out exploration activities last year. None of these activities produced satisfactory results.
Since it first starting producing oil and gas, Indonesia has used some 22.6 million barrels of its available reserves. Current estimates are that only 4 million potential barrels remain. Indonesia holds 0.5 percent of the world’s oil reserves, and 1.4 percent of world gas reserves.
(hot/kc)
There is a general consensus among numerous government officials that the current legal framework for the oil and gas sector, namely Law No. 22 of 2001(Oil and Gas Law), is inadequate to properly support domestic oil and gas production, particularly in regard to the exploration of new reserves.
Gde Pradnyana, Secretary of the Special Works Unit for Upstream Oil and Gas Activities (SKK Migas), admitted that the continued decrease in domestic lifting is common knowledge. The decrease in domestic production will stop if new oil and gas reserves are found. Unfortunately, the Oil and Gas Law fails to support the exploration of newly discovered oil and gas reserves.
“The Oil and Gas Law does not support explorative activities, as is apparent from its articles that are not supporting this business, such as matters related to taxes and incentives for exploration. Due to this, the future oil and gas draft bill must accommodate exploration,” emphasized Gde at a discussion forum in Jakarta on Tuesday.
At the same event, Naryanto Wagimin, Director of Oil and Gas Development Programs at the Ministry of Energy and Mineral Resources, expressed his hopes for an amendment to the Oil and Gas Law in the near future. According to Naryanto, this is of the utmost importance to support infrastructure development and to promote domestic production of oil and gas.
“We all have joint commitments in oil and gas management so it can be issued soon,” stated Naryanto.
Naryanto said that his institution recorded approximately 150 companies that carried out exploration activities last year. None of these activities produced satisfactory results.
Since it first starting producing oil and gas, Indonesia has used some 22.6 million barrels of its available reserves. Current estimates are that only 4 million potential barrels remain. Indonesia holds 0.5 percent of the world’s oil reserves, and 1.4 percent of world gas reserves.
(hot/kc)
Kartini Laras Makmur, Andin Aditya Rahman
There is a general consensus among numerous government officials that the current legal framework for the oil and gas sector, namely Law No. 22 of 2001(Oil and Gas Law), is inadequate to properly support domestic oil and gas production, particularly in regard to the exploration of new reserves.
Gde Pradnyana, Secretary of the Special Works Unit for Upstream Oil and Gas Activities (SKK Migas), admitted that the continued decrease in domestic lifting is common knowledge. The decrease in domestic production will stop if new oil and gas reserves are found. Unfortunately, the Oil and Gas Law fails to support the exploration of newly discovered oil and gas reserves.
“The Oil and Gas Law does not support explorative activities, as is apparent from its articles that are not supporting this business, such as matters related to taxes and incentives for exploration. Due to this, the future oil and gas draft bill must accommodate exploration,” emphasized Gde at a discussion forum in Jakarta on Tuesday.
At the same event, Naryanto Wagimin, Director of Oil and Gas Development Programs at the Ministry of Energy and Mineral Resources, expressed his hopes for an amendment to the Oil and Gas Law in the near future. According to Naryanto, this is of the utmost importance to support infrastructure development and to promote domestic production of oil and gas.
“We all have joint commitments in oil and gas management so it can be issued soon,” stated Naryanto.
Naryanto said that his institution recorded approximately 150 companies that carried out exploration activities last year. None of these activities produced satisfactory results.
Since it first starting producing oil and gas, Indonesia has used some 22.6 million barrels of its available reserves. Current estimates are that only 4 million potential barrels remain. Indonesia holds 0.5 percent of the world’s oil reserves, and 1.4 percent of world gas reserves.
(hot/kc)
There is a general consensus among numerous government officials that the current legal framework for the oil and gas sector, namely Law No. 22 of 2001(Oil and Gas Law), is inadequate to properly support domestic oil and gas production, particularly in regard to the exploration of new reserves.
Gde Pradnyana, Secretary of the Special Works Unit for Upstream Oil and Gas Activities (SKK Migas), admitted that the continued decrease in domestic lifting is common knowledge. The decrease in domestic production will stop if new oil and gas reserves are found. Unfortunately, the Oil and Gas Law fails to support the exploration of newly discovered oil and gas reserves.
“The Oil and Gas Law does not support explorative activities, as is apparent from its articles that are not supporting this business, such as matters related to taxes and incentives for exploration. Due to this, the future oil and gas draft bill must accommodate exploration,” emphasized Gde at a discussion forum in Jakarta on Tuesday.
At the same event, Naryanto Wagimin, Director of Oil and Gas Development Programs at the Ministry of Energy and Mineral Resources, expressed his hopes for an amendment to the Oil and Gas Law in the near future. According to Naryanto, this is of the utmost importance to support infrastructure development and to promote domestic production of oil and gas.
“We all have joint commitments in oil and gas management so it can be issued soon,” stated Naryanto.
Naryanto said that his institution recorded approximately 150 companies that carried out exploration activities last year. None of these activities produced satisfactory results.
Since it first starting producing oil and gas, Indonesia has used some 22.6 million barrels of its available reserves. Current estimates are that only 4 million potential barrels remain. Indonesia holds 0.5 percent of the world’s oil reserves, and 1.4 percent of world gas reserves.
(hot/kc)