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Jakarta Post

Ex-Pertamina boss appointed to lead oil and gas regulatory body

  • Stefanno Reinard Sulaiman

    The Jakarta Post

Jakarta   /   Mon, December 3, 2018   /   03:23 pm
Ex-Pertamina boss appointed to lead oil and gas regulatory body Dwi Soetjipto is the newly inaugurated head of the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas). (Antara Photo/Puspa Perwitasari)

The former head of state-owned oil and gas holding company Pertamina, Dwi Soetjipto, will lead the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) to replace Amien Sunaryadi, who has completed his term.

Dwi would lead the task force until 2022, the government announced on Monday.

"As a minister, I expect that Dwi will continue what the previous chair had been working on and jack up the national reserves by intensifying exploration," Energy and Mineral Resources Minister Ignasius Jonan said during the inauguration event on Monday.

Jonan further called on Dwi to finalize new contracts for oil and gas blocks where current contracts will expire in the coming years and to move from the existing cost-recovery scheme to the gross-split scheme.

"I hope Dwi can resolve the low oil and gas production issue by utilizing the new working commitment scheme (KKP) from oil and gas contractors and by updating the data of our potential resources,” Jonan added.

Dwi, who has led Pertamina for three years, was picked for the position out of three candidates the government had reportedly been considering as SKK Migas head. The two others are Ridwan Djamaluddin, the undersecretary for infrastructure at the Office of the Coordinating Economic Minister, and SKK Migas deputy chairman Sukandar.

Dwi was removed from his position as Pertamina president director in 2017 amid reports of a leadership rivalry with then-Pertamina deputy president director Ahmad Bambang.

Previously, Dwi was the CEO of state-owned cement company PT Semen Indonesia, a company that had been created through a merger of three companies -- Semen Padang, Semen Gresik and Semen Tonasa. (bbn)