In the past few months, the upstream oil and gas regulatory agency SKKMigas continued its public campaign reminding Indonesians that their country is no longer an oil and gas wealthy nation. Limited discovery of major reserves in one hand and higher domestic consumption on the other hand, SKKMigas warns, lead to higher future risks. In the first 10 months of 2016, the country suffered US$4.58 billion of deficit in oil and gas trading, down 15.2% only from the same period last year.To subscribe please click here
