JAKARTA (TheInsiderStories) – The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) and the Downstream Regulatory Agency for Oil and Gas (BPH Migas) will be merged into a special oil and gas agency, which will oversee and regulate upstream and downstream businesses, according to the draft revision of the oil and gas law No. 22/2001 on Oil and Gas.
The House of Representatives’ s Commission VII deputy Satya W Yudha said that the revision of the law has been submitted to the DPR’s Legislation Body. The parliament will commence deliberations with the Energy Ministry to ask for inputs. Earlier, Energy Minister Ignasius Jonan said, that informal talks have been held with house members in the last three months and is awaiting formal process with the DPR. (*)