Indonesia to review oil, gas permits in energy overhaul: minister
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Jakarta
INDONESIA plans to review all permits, business processes and institutions connected to its oil and gas sector, the energy minister said, an overhaul the former OPEC (Organization of the Petroleum Exporting Countries) member hopes will avert a looming energy crisis.
Energy matters have shaped the agenda of Indonesia's new leader, President Joko Widodo, who plans to slash US$13 billion from the country's US$23 billion annual subsidy bill and prop up growth with investments in the oil and gas sector.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
