Details were not made public. The investment plan will be reviewed and revised further by Indonesia and its JETP partners before being made available for public review and comment, according to a statement from Indonesia s JETP Secretariat.
The Ministry of Energy and Mineral Resources reaffirmed its commitment to the oil and gas exploration plan for 2023, as it engages in negotiations with three global companies interested in investing in these ventures.
Indonesia’s Ministry of Energy and Mineral Resources (EMR) is mulling over a proposal to raise the domestic market obligation (DMO) for coal from 25 percent to 30 percent of total production to anticipate rising domestic demand, Minister Arifin Tasrif has said.