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Indonesia oil and gas regulatory reform

Updated 2 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-03 13:40 UTC → 2026-09-07 14:08 UTC · added removed

Indonesia is moving to reform its upstream oil and gas sector by replacing the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) with a permanent Special Business Entity (BUK). (BUK Migas). This legislative effort, involving a revision of Law No. 22 of 2001, seeks to fulfill a 2012 Constitutional Court mandate requiring a permanent legal entity to manage national natural resources. Proposed structures for As the new entity include either merging Indonesian House of Representatives (DPR RI) discusses the Oil and Gas Bill (RUU Migas), the proposed BUK Migas could hold mining and upstream business authority, potentially replacing SKK Migas with the state-owned company functions and merging activities currently managed by Pertamina or establishing it as an independent business entity. While Hulu Energi (PHE). Beyond the move aims BUK, Commission XII member Eddy Soeparno stated the bill includes provisions for an Oil and Gas Balance (Neraca Migas), an Oil and Gas Fund (Dana Migas), and measures to align strengthen domestic energy governance with the 1945 Constitution, the proposed security and sustainability. The revision has drawn scrutiny from energy observers and labor unions. various stakeholders. Energy policy observer Sofyano Zakaria has warned that the new institutional design must not diminish the strategic role of PT Pertamina (Persero). He cautioned (Persero), cautioning that if Pertamina is relegated relegating it to a “standard contractor role rather than a national energy instrument,” it instrument” could weaken national energy security security. Similarly, industry observer Barry Pratama emphasized that the revision must prioritize legal certainty to attract investment and increase reliance cautioned against placing excessive burdens on imports. Pertamina through government assignments. Concurrently, the SKK Migas Workers Union (SP SKK Migas) has elected Aldy Amir as its chairman for the 2026–2028 term. The union is seeking communication with the Indonesian House of Representatives (DPR RI) DPR RI to ensure that workers' rights and job security are addressed during the legislative revision process.

Versions

  1. 2026-09-07 14:08 UTC Indonesia oil and gas regulatory reform
  2. 2026-09-03 13:40 UTC Indonesia oil and gas regulatory reform
  3. 2026-09-02 04:13 UTC Indonesia oil and gas regulatory reform

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