"There are around 60 oil and gas working areas that we will tender until 2028,” he stated here on Thursday (Jan 16).
He clarified that all the tendered oil and gas working areas will be new blocks.
Meanwhile, the minister called on the newly appointed Director General of Oil and Gas, Achmad Muchtasyar, to evaluate the working area that has received approval for the Plan of Development (PoD) but has yet to commence production despite the lengthy 20-year period.
"If we need to revoke it, then please consider addressing the issue. This means that we are pro-business. We support the business in order to increase lifting, but they should not control the country,” Lahadalia emphasized.
He also called for a regulation governing oil and gas exports and imports.
"Related to exports and imports, it needs to be regulated—LPG, crude oil, and finished oil must be regulated to support our commodity balance as directed by the President (Prabowo Subianto) towards (achieving) energy sovereignty,” he explained.
The Ministry of Energy and Mineral Resources aims for oil lifting to reach around 800-900 thousand barrels per day by 2029.
"God willing, we will target it to be better by 2029. Our plan is more or less around 800-900 thousand barrels per day," the minister concluded.
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Translator: Aji Cakti, Yashinta Difa
Editor: Azis Kurmala
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