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Jakarta Post

House expects to pass oil and gas, mining laws this year

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Mon, January 20 2020   /  01:49 am

With newly appointed legislators in the House of Representatives Commission VII overseeing energy has set an ambitious goal of finishing three important energy-related draft laws this year.Commission head Sugeng Suparwoto said on Dec. 11, 2019, that legislators aimed to complete drafting amendments of the 2001 Oil and Gas Law and the 2009 Coal and Mineral Mining Law as well as complete a much-anticipated renewable energy law. From what has been revealed, it appears the revisions of the former two laws are likely to lean toward further resource nationalization while the latter law is likely to focus on incentivizing investment.“Insya Allah [God willing], we will finish the three draft laws [in 2020], even though we typically only finish two laws a year,” said the NasDem party politician.Discussions on amending the mining and oil and gas laws have dragged on for 11 years.“It means th...