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View all search resultsEnergy and Mineral Resources Ministry oil and gas director general Djoko Siswanto has said that a program introduced in August on the mandatory use of 20 percent blended biodiesel (B20) has reached 80 percent of its target.
The Energy and Mineral Resources Ministry is requiring state-owned energy giant Pertamina and its partners to pay a total of US$33.5 million in signature bonuses and make firm investment commitments worth $556.45 million within three years before taking over eight expiring oil and gas blocks this year.
Shortly after he took office, Djoko Siswanto -- the Energy and Mineral Resources Ministry’s new oil and gas director general -- pledged to sign the contract for the development of eight expiring oil and gas blocks next week, including the ones to be taken over by state-owned energy giant Pertamina.
Energy and Mineral Resources Minister Ignasius Jonan has appointed Djoko Siswanto as the new oil and gas director general of his ministry in the hope that the latter can expedite the deregulation program and business licensing procedures in the country’s oil and gas sector.
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