Blog

Announcements

SKK Migas Pushes for Governance Reform as the O&G Bill Moves Forward

SKK Migas Pushes for Governance Reform as the O&G Bill Moves Forward

Source: Bisnis.com | October 20, 2026

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has weighed in on the Oil and Gas Bill (RUU Migas), which is currently in the phase of compiling a list of issues (Daftar Inventarisasi Masalah/DIM).

SKK Migas Deputy for Finance and Commercialization, Desti Melanti, stated that the agency supports the deliberation of the Oil and Gas Bill as a means to improve the governance of the national oil and gas industry.

“The Oil and Gas Bill will certainly intersect with governance improvements. Whatever form it eventually takes, we support whatever policy is ultimately decided,” she said during a press conference at the 2026 Upstream Oil and Gas Economic, Financial, and Commercial Forum in Jakarta on Tuesday (October 20, 2026).

Desti explained that accelerating regulatory reform is a crucial mandate for supporting the sustainability of the national energy supply. She noted that refining oil and gas governance aligns with the government’s objectives of fostering economic growth and achieving domestic energy self-sufficiency.

She further emphasized that all relevant stakeholders must support the government’s strategic targets for realizing national energy self-sufficiency, as outlined in the second point of President Prabowo Subianto’s “Asta Cita” (eight-point vision).

“Given what President Prabowo has conveyed regarding the second point of his Asta Cita—which concerns energy security—we cannot take a step back. We must move forward,” she explained.

Furthermore, she added that the development of the Oil and Gas Bill must be capable of providing a tangible impetus for the advancement of the national oil and gas industry.

“Since the process of compiling the list of issues (DIM) for the bill is already underway, and policymakers along with the legislative body are focused on reconstructing areas that require improvement, we certainly support whatever the final outcome may be,” she stated. Previously, the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, stated that discussions regarding the Oil and Gas Bill among the relevant executive-branch committee are nearing completion.

According to him, the drafting of the List of Problem Inventory (DIM)—a document outlining proposed amendments or points for discussion—has reached approximately 90% completion, meaning it can soon be submitted to Parliament for deliberation before being enacted into law.

“The Oil and Gas Bill is nearly finalized following meetings with the executive-branch committee tasked with this work. The DIM is also nearing completion, at about 80%–90%,” said Bahlil.

ABOUT US

Bakrie & Brothers history bg

The Company’s journey began with the story of a growing small trading business, and in more than 75 years has engaged in investment/divestment business, has reached various achievements and delivered the Company to become one of the leading corporations in Indonesia.