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From January to June, Indonesia's upstream investment in oil and gas exceeded US$5.2 billion

 Last Update: 2023-01-02
 Source: Internet
 Author: User

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Indonesian oil and gas regulator SKK Migas said investment in Indonesian oil and gas upstream projects was $5.
21 billion from January to June, up 15.
8 percent
from $4.
5 billion in the same period last year.

SKK Migas said the oil and gas upstream investment target for this year is $14.
79 billion
.

Oil production is expected to reach 755,000 barrels per day this year and natural gas production to reach 1.
06 million barrels
per day of oil equivalent.

The figures released by SKK Migas are in line with
Indonesia's finance ministry's forecast for oil and gas earlier this week.

Oil & Gas

SKK Migas said the oil and gas upstream investment target for this year is $14.
79 billion
.

Oil production is expected to reach 755,000 barrels per day this year and natural gas production to reach 1.
06 million barrels
per day of oil equivalent.

The figures released by SKK Migas are in line with
Indonesia's finance ministry's forecast for oil and gas earlier this week.

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