Indonesia may miss this year’s oil-output target due to project delays, an official at the Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas) said.
SKK Migas head Dwi Soetjipto projected that Indonesia would produce 640,000 barrels of oil per day (bopd) this year, which is 9 percent below the target of 703,000 bopd, as strategic projects are facing headwinds from pandemic-related restrictions.