SKK Migas Regarding Commission VII's Suggestions For Revised Lifting Targets: Still Unchanged

JAKARTA - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has opened its voice regarding the proposal of Commission VII members to revise the oil lifting target which has been proclaimed at 1 million barrels per day (BOPD)

SKK Migas through the Head of the SKK Migas Program and Communication Division Hudi D. Suryodipuro said that the target of 1 million BOPD by 2030 would not change.

"The point is, for us, the target of 1 million barrels of oil per day (BOPD) remains unchanged. We have to achieve that," said Hudi to the media crew quoted on Tuesday, March 19.

Hudi added that despite having an ambitious target of 1 million BOPDs, Indonesia is actually still importing to meet domestic crude oil needs.

For that, he said, the target of 1 million barrels of oil per day in 2030 must be carried out.

Hudi said that in fact, his party together with stakeholders continued to evaluate the target of 1 million barrels on an annual basis. The things evaluated are the progress of Indonesia Oil and Gas (IOG) 4.0 and long term plan (LTP) or long-term plans.

"Well, the plan is in 2024. Hopefully, when we talk about 2030, we will try updating until 2035," concluded Hudi.

Previously, a member of Commission VII DPR RI from the Gerindra Party faction, Ramson Siagian, proposed the government and the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) to revise the Indonesian oil lifting target which was set at 1 million barrels per day.

"Earlier, during the informal meeting, I also conveyed that the 2030 target of 1 million barrels I proposed that it be changed. So don't make the lifting target reach 1 million barrels in 2030," said Ramson in a Hearing Meeting with Commission VII DPR RI, Wednesday, March 13.

Ramson highlighted the 2023 lifting target in the APBN which was set at 660 thousand BOPD while the realization was only 605.5 thousand BOPD which was deemed inconsistent with the target set at 1 million barrels.

As the party who knows more about the upstream state of oil and gas, Ramson continued, SKK Migas is considered to be able to predict oil lifting that will be achieved by Indonesia by 2030.