Private Investment in Indonesia’s Midstream/Downstream Oil & Gas Industry
Indonesia’s Oil and Gas Law (Law No. 22 of 2021 regarding Oil and Gas, as last amended by Law No. 6 of 2023 regarding the Stipulation of Government Regulation in lieu of Law No. 2 of 2022 regarding Job Creation) liberalized the downstream market and effectively ended Pertamina’s monopoly on the sector. Private entities can … Private Investment in Indonesia’s Midstream/Downstream Oil & Gas Industry