Indonesian Government to encourage all contractors Cooperation Contract or KKKS to achieve production of crude oil as possible. It is necessary for lifting the target or the production of oil ready to sell for 965,000 barrels per day could be achieved. All parties are asked to not give up more first before trying to increase the lifting.
“Indeed some observers who say that there is a possibility of lifting under 965,000 barrels per day. But I say, try to fight (trying hard) was to be achieved,” said Coordinating Minister for Economy, Hatta Rajasa in Jakarta, Thursday (25 / 2 / 2010) before attending a Cabinet meeting that discussed the 2020 Budget changes.
According to Hatta, the target of lifting 965,000 barrels of oil per day should not be a problem because many of the basin containing the oil reserves in Indonesia are not yet explored. If the basin-basin was not closed explored the possibility of lifting Indonesia could reach 1 million barrels per day.
“I made it clear the target of lifting should be stressed, at levels roughly inside. On the contrary, above the target of lifting 1 million likely to be achieved in the year 2013. It’s possible because we still have a lot of unexplored basin, especially in the eastern region of Indonesia There are still 20 basin. That’s all we have to offer. But the point is technology and investment, “said Hatta.
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