The State Should Not Bear Losses

Dwi Soetjipto, Chairman of the Upstream Oil and Gas Regulatory Special Task Force

Khairul Anam

March 26, 2019

The Masela Block became one of the major tasks for Dwi Soetjipto when he took up the reins as chairman of the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas). The former Pertamina CEO once targeted development for the block containing gas reserves of 10.7 trillion cubic feet to be completed by early 2019. His hope: operations could begin before 2027, a year earlier than the original target. But up to last week, the government

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