Killed by the Omnibus law

The Job Creation Law cancels the formation of a special state company for executing upstream oil and gas business activities. It has to wait for the revision of the Oil and Gas Law.

Retno Sulistyowati

October 19, 2020

THE plan to establish a new institution replacing the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) is canceled. The House of Representatives (DPR) and the government took the formulation of a new article off from the Job Creation Law that initially regulated the formation of a special state-owned enterprise (SOE) as a new agency to carry out upstream oil and gas business activities. “The oil and gas cluster still refers to

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