Chairman Of Commission VII Ensures That The Oil And Gas Bill Will Be Completed Next Year

BALI - Chairman of Commission VII DPR RI Sugeng Suparwoto ensured that the revision of oil and gas laws (RUU Migas) would be ratified next year. Sugeng said a number of preparations such as academic documents had been pocketed. Furthermore, Sugeng admitted that he had encouraged the discussion of this Oil and Gas Bill more quickly in the parliamentary space. Thus, he promised that the rule of law regarding the oil and gas sector in Indonesia would be completed in the near future. "I make sure that 2023 is completed by the Oil and Gas Law, I think that," he said in a series of 3rd International Conventions on Indonesian Upstream Oil and Gas 2022, in BNDCC, Nusa Dua, Bali, Wednesday, November 23. Regarding the urgency of the Oil and Gas Bill, Sugeng explained that his position was to replace the law previously on oil and gas. Meanwhile, several articles in the previous rule had been canceled by the Constitutional Court. The rule is Law No. 22 of 2001. With this revision, said Sugeng, it is hoped that it will be able to accommodate all interests and legal certainty of the oil and gas industry in Indonesia. This includes being able to encourage the number of investors who invest in the future. "The point will soon enter (discussions in parliament) because we have prepared the academic text. Because we know that even though there is an Omnibus Law Law Law Law Law, it also needs to be concerning specialities, the need for the Oil and Gas Law as soon as possible," he said.

In addition to boosting the revision of the Oil and Gas Law, Sugeng admitted that he was also encouraging the discussion on the New Renewable Energy Bill (EBT). These two regulations are allegedly the legal basis for investment in the upstream oil and gas sector in line with the commitment to the energy transition. Responding to the Oil and Gas Bill which is targeted to be completed next year, the Head of SKK Migas Dwi Soetjipto hopes that the new regulation will accommodate the issue of renewable energy. This is because Indonesia cannot be separated from the demands of investors to carry out investment and reductive CO2. Not only that, Dwi assessed that he must also accommodate the non conventional issue of oil and gas. Because, it already has to be operational in conventional oil and gas, but requires a legal umbrella. "If now it still refers very much to conventional oil and gas activities, even though activities are already different;" he explained.