Indonesia plans to reduce the number of permits

Indonesia plans to reduce the number of permits

Indonesia to simplify licensing process in oil, gas sector
The Indonesian government plans to reduce the number of permits that investors must obtain to conduct activity in upstream of oil and gas sector, in a bid to lure more investment, an official said here on Wednesday.
Deputy Minister for Energy and Mineral Resources Susilo Siswoutomo said that by next week the government would have delineated the licencing process and ordered relevant authorities to revoke unnecessary licenses without weakening their control function.
“So, we will delete the permits which are not needed. To realize this, it needs bravery from ministries to abort them,” he said at his office.
To achieve the goal, the government would set up a special task force to observe and evaluate which permits are categorized as not necessary.
As many as 284 permits are required for investors to engage in the country’s upstream oil and gas industry, he said.
“Yesterday I led a meeting at the (energy) ministry. We must symplify these licenses,” said Susilo.
Source: Xinhua

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