JAKARTA:Indonesia’s oil production, which has slumped in recent years, could be hit by new environment laws a senior official in the energy ministry said yesterday.
Indonesia has said it would produce 965,000 barrels per day (bpd) of crude oil and condensate this year, compared with 949,100 bpd in 2009, and 1.5 million bpd in the 1990s.
“If the environment law comes into force then many oil firms could reduce activities, and oil production will fall this year,” Evita Legowo, director general oil and gas, told reporters. — Reuters
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