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IPA-Indonesian-Petroleum-Association

Local banks shunning oil and gas exploration projects, SKK Migas says
Economy 3 months ago

PREMIUM
Local banks shunning oil and gas exploration projects, SKK Migas says

Ahead of an anticipated bill to amend the 2001 Oil and Gas Law, the upstream regulatory body has urged lawmakers to design a new exploration financing framework.
PLN and other power companies added to list of recipients of cheap gas
Business 5 years ago

PREMIUM
PLN and other power companies added to list of recipients of cheap gas

State-owned electricity company PLN and independent power producers (IPPs) will buy gas at US$6 per million British thermal unit (mmbtu), below the market average of $8 per mmbtu.
197 companies secure cheap gas prices, contracts to be signed in May
Business 5 years ago

PREMIUM
197 companies secure cheap gas prices, contracts to be signed in May

One hundred and ninety-seven companies will buy gas at US$6 per million British thermal units (mmbtu), below the $8 per mmbtu market average, as promised by a Presidential Regulation issued in 2016.
Indonesia aims to double gas production by 2030 with major projects in pipeline
Business 6 years ago

Indonesia aims to double gas production by 2030 with major projects in pipeline

Indonesia is aiming to double gas production over the next 10 years to 12,300 million cubic feet per day (mmscfd) as it sets sights on becoming one of the top global gas exporters with major projects in the pipeline.
Oil and gas players dedicate 2019 for the long-haul
Business 6 years ago

PREMIUM
Oil and gas players dedicate 2019 for the long-haul

Third-quarter oil production amounted to 745,000 barrels per day (bpd), down 1 percent from the previous quarter, and 98.68 percent of this year’s 755,000 bpd production target.
Oil industry welcomes possible return of cost recovery scheme
Business 6 years ago

PREMIUM
Oil industry welcomes possible return of cost recovery scheme

Energy and Mineral Resources Minister Arifin Tasrif first raised the possibility of the government reintroducing cost recovery schemes during a hearing with the House of Representatives in Jakarta on Nov. 27.
Indonesian Petroleum Association appoints new board of directors
Business 6 years ago

Indonesian Petroleum Association appoints new board of directors

The IPA was founded in 1972 to facilitate foreign interest in Indonesia’s oil and gas industry that, at the time of founding, was producing 1.3 million barrels of oil per day (bpd).
Regulators call for efficiency measures for oil, gas companies
Business 6 years ago

PREMIUM
Regulators call for efficiency measures for oil, gas companies

SKK Migas plans to introduce cluster system to boost efficiency.
Ministry opens oil and gas data to boost exploration, exploitation
Business 6 years ago

PREMIUM
Ministry opens oil and gas data to boost exploration, exploitation

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 that is expected to encourage exploration and exploitation in a time of need.
Association waits for free access to oil, gas data
Business 6 years ago

Association waits for free access to oil, gas data

“We have waited for the open data policy for a long time. If it is executed, it can help investors to assess prospective areas for exploration,” IPA executive director Marjolijn “Meity” Wajong told The Jakarta Post on Wednesday.
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