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Why oil and gas exploration targets are out of reach

  • George Barber
    George Barber

    Country manager of PT Terra Explorasi and Exploitasi Teknologi Indonesia

Jakarta | Wed, November 8, 2017 | 10:20 am
Why oil and gas exploration targets are out of reach Back to work: Pertamina Hulu Energi West Madura Offshore (PHE WMO) workers are moved in a personnel basket from a ship to the company’s oil rig off the coast of Madura Island in East Java. (JP/Wahyoe Boediwardhana)

PREMIUM Recently, we have seen statements that Indonesia is unlikely to achieve the 23 percent renewable energy target by 2025 and that oil and gas exploration targets for 2017 are out of reach. 

This indicates that Indonesia is underachieving in its goals. If Indonesia was a company instead of a country, the CEO would be asked some serious questions from shareholders as to why the com...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.

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