SKK Migas Hopes to Increase World Oil Prices to Increase Production in the Upstream Sector


The Special Task Force for Upstream Oil and Gas Business Activities or SKK Migas said that the increase in world oil prices will have a positive impact on production performance in the domestic upstream sector.

The interim SKK Migas Head of Program and Communication Susana Kurniasih said that since the beginning of 2021, many analysts have projected that world oil prices will be better than last year’s average.

However, the increase that occurred some time ago moved higher than the initial projection at the level of US $ 52 per barrel. He said that in the projections of several analysts, the world oil price would only touch US$ 60 per barrel in 2022.


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