Indonesia s oil and gas lifting this year is likely to fall below government targets, upstream oil and gas regulator SKK Migas said on Friday but pledged efforts to fill the gap.
The lifting of oil and gas in Indonesia between January and June fell below target due to unplanned shutdowns and delays in starting projects, upstream regulator SKK Migas said on Tuesday.
The Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) of Indonesia announced on January 17 that it has approved a revised plan on development of its Merakes and Merakes East gas fields with a total investment of 3.35 billion USD.