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Jakarta Post

Ministry opens oil and gas data to boost exploration, exploitation

  • Norman Harsono

    The Jakarta Post

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Jakarta   /   Mon, August 19, 2019   /  04:28 pm
The Jakarta Post Image
Tapping potentials – A field officer of oil and gas producer PT Saka Energi Indonesia, a subsidiary of state gas producer PT Perusahaan Gas Negara, introduces oil exploration techniques to students of SMA 1 Manyar state senior high school in Gresik, East Java, on Oct.10. (JP/Wahyoe Boediwardhana)

The Energy and Mineral Resources Ministry recently announced a regulation that will open access for industry stakeholders to the nation’s oil and gas data, which is expected to encourage exploration and exploitation in a time of need. Deputy minister Arcandra Tahar introduced last week the revised Ministerial Regulation No. 7/2019, saying that it was expected to ramp up domestic oil and gas exploration in meeting the country’s growing energy demands without widening the billion-dollar trade deficit. “It’s better for us to open the data and allow those who have the necessary skills to freely see the data,” he told reporters in Jakarta, adding that such skilled individuals included domestic and foreign academics, engineers and investors. Arcandra’s point is best captured by Article 5, which not only authorizes the ministry to receive both raw an...