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SKK Migas says fiscal stimulus can turn oil and gas potential into production

Original: SKK Migas: Stimulus fiskal dapat ubah potensi menjadi produksi Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak

Indonesia's upstream oil and gas regulator SKK Migas said fiscal stimulus could convert the country's untapped hydrocarbon potential into actual production. The statement points to incentives as a way to attract investment in mature and marginal fields. The comments come as Indonesia seeks to reverse declining output and reliance on imported fuels.

Why now: Indonesia's push to boost domestic oil and gas output makes fiscal incentives for upstream investment a live policy debate.

SKK MigasIndonesia

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