ESDM Notes The Realization Of 2022 Oil Lifting Capai 612 MBOPD

Illustration (Photo: Doc. Antara)

JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) reported that the realization of oil lifting in 2022 reached 612 MBOPD and natural gas of 955 MBOEPD.

Oil lifting realization was recorded to be lower than the 2022 target of 703 MBOEPD. Natural gas is also recorded to be lower than the 2022 target of 1036 MBOEPD.

Minister of Energy and Mineral Resources Arifin Tasrif said efforts to increase oil and gas production were made, among other things, through the optimization strategy of existing field production, transformation of resources to production, accelerating chemical EOR, and massive exploration for major discoveries and providing easy investment and incentives.

"We have collected Cooperation Contract Contractors (KKKS) to improve their equipment, take more steps with the most up-to-date methods, then take preventive action," Arifin said at a press conference at the Ministry of Energy and Mineral Resources Building, Monday, January 30.

The Ministry of Energy and Mineral Resources is targeting oil lifting in 2023 at 660 MBOEPD and natural gas at 1100 MBOEPD.

Meanwhile, the portion of gas utilization for domestic use in 2022 was realized by 68 percent or 3,686 BBTUD, the largest allocated for the industrial sector of 1,611 BBTUD and fertilizers reached 692 BBTUD.

For the Household Gas Network (Jargas) program, the additional realization of gas network construction in 2022 is 72,640 household connections (SR), with this addition the total gas network that has been built is 871,645 SR.

"For the development of Jargas in 2023, it is encouraged by the cooperation of the government with business entities (PPP)," added Arifin.

Meanwhile, the One Price Fuel Program in 2022 will reach 92 locations, so that until now there are 423 locations.

In 2023 it is targeted for 89 locations of One Price Fuel.