First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

Economics & Macro

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11/04/2018 09:58 WIB

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State revenue from the upstream oil and gas sector in Q1 2018 reached US$3.9 billion, or approximately Rp53 trillion.

Government Revenue from Upstream Oil and Gas (2010-First Half of 2018)

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First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

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Government Revenue from Upstream Oil and Gas (2010-First Half of 2018)

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State revenue from the upstream oil and gas sector in the first quarter of 2018 reached US$3.9 billion, or approximately Rp53 trillion. This figure is equivalent to 33% of the government's target in the 2018 State Budget (APBN) of US$11.9 billion.

State revenue from upstream oil and gas throughout last year reached US$13.1 billion, or 108% of the 2017 Revised State Budget (APBN-P) target of US$12.2 billion. Meanwhile, cost recovery in 2017 reached US$11.3 billion, or 106% of the target.

Oil and gas investment in the January-March 2018 period reached only US$2.4 billion, or 17% of this year's target of US$14.2 billion. Meanwhile, cost recovery reached US$2.6 billion, or 26% of the target in the APBN of US$10.1 billion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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This is the 2018 Original Local Revenue (PAD) of 34 Provincial Governments.

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First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

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Related Data

Indonesia's Revised 2026 State Budget Draft Sees Widening Deficit

2017 State Budget Revenue Target: Rp 1.738 Trillion

How much government tax revenue is there?

What are the Government's Upstream Oil and Gas Cost Recovery and Revenue?

Upstream Oil and Gas Investment Has Fallen Since 2014

This is the 2018 Original Local Revenue (PAD) of 34 Provincial Governments.

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First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

First Quarter 2018, Upstream Oil and Gas Revenue US$ 3.9 billion

Tags

Related Data

Indonesia's Revised 2026 State Budget Draft Sees Widening Deficit

2017 State Budget Revenue Target: Rp 1.738 Trillion

How much government tax revenue is there?

What are the Government's Upstream Oil and Gas Cost Recovery and Revenue?

Upstream Oil and Gas Investment Has Fallen Since 2014

This is the 2018 Original Local Revenue (PAD) of 34 Provincial Governments.

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