2016 Migas Cost Recovery Targeted at US$8 Billion

Energy

Lite

21/09/2016 11:02 WIB

URL has been copied

Memuat...

A Font Kecil
A Font Sedang
A Font Besar

Access single data

2016 Migas Cost Recovery Targeted at US$8 Billion

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Cost Recovery 2000-2016

Download

Source

A Small Font
A Medium Font
A Bigger Font

The 2016 Revised State Budget (APBN-P) targets US$8 billion in cost recovery for oil and gas operational expenses. This figure is a 30 percent decrease from the US$11.4 billion agreed upon in the 2016 State Budget. The reduction reflects the current lower oil prices.

Previously, the cost recovery funding for upstream oil and gas investment had steadily increased, peaking in 2014. Subsequently, a gradual decrease was implemented. In 2015, cost recovery amounted to US$13.7 billion, a 16 percent decrease compared to the previous year.

"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."