Fantastic! Upstream Oil And Gas Industry Receives State Revenue Of Rp196 Trillion Throughout 2021

Illustration. (Photo: Doc. Antara)

JAKARTA - Head of SKK Migas Dwi Soetjipto reported that throughout 2021, the upstream oil and gas industry managed to record state revenues of 13.67 billion US dollars or equivalent to Rp. 196.24 trillion. He detailed, the asset value of BMN (State Owned Goods) from the upstream oil and gas sector currently reaches Rp.875.71 trillion.

"If we look at what the secretary general of ESDM said earlier, the assets of the upstream oil and gas BMN are valued at US$61 billion or equivalent to Rp614 trillion according to the exchange rate," said Dwi at the Appreciation for Upstream Oil and Gas BMN Management which was broadcast virtually, Tuesday, March 22.

Meanwhile, continued Dwi, the revenue earned by the upstream oil and gas industry throughout 2021 will reach US$ 30 billion or around Rp. 430 trillion. Then with the realization of cost recovery that is strived to be as efficient as possible, the upstream oil and gas industry obtained Earning Before Tax (EBT) of US$ 22.2 billion or around Rp. 318.70 trillion.

"Alhamdulillah! With the cost recovery that we strive to be as efficient as possible, we can get earnings before tax of USD 22 billion and government tax of USD 13.7 billion," he added.

On the same occasion, the Secretary General of the Ministry of Energy and Mineral Resources, Ego Syahrial, reported that as many as 74 million square meters of land in the upstream oil and gas (oil and gas) sub-sector have certificates based on data as of the second semester of 2021.

"This amount is only 11 percent of the total state property in the form of land assets used in upstream oil and gas business activities which reach 15,948 parcels of land with an area of 630 million square meters," he said.

According to him, certification is an effort that must be made to provide legal certainty, legal protection for rights holders, orderly administration of state property, and secure state property in the form of land.

In addition, he also reported that 23 plots of land with an area of more than 205 million square meters or 33 percent of the total state property in the upstream oil and gas sub-sector are in the certification process.

"There are still 15,189 plots of land with a total area of more than 350 million square meters or more than 55 percent that have not been certified," he explained.

He acknowledged that a special power of attorney issued by the Directorate General of State Assets of the Ministry of Finance would accelerate the process of certifying state property in the upstream oil and gas sub-sector, whether in the form of land that is still being used by cooperation contract contractors (KKKS) or ex-KKKS that have been submitted to the Ministry of Finance. government.