Wednesday, 22 May 2019 | 06:04 WIB

Gov’t Set to Open Access of National Oil-Gas Data to Investors

Gov't Set to Open Access of National Oil-Gas Data to Investors (elnusa)

JAKARTA, NETRALNEWS.COM - To attract oil and gas investors to Indonesia, the Government plans to make Indonesian oil and gas raw data to be widely accessible to investors. The government guarantees that the opening of oil and gas data access will not release state control over the data.

"The state still has full authority over the oil and gas data," said Deputy Minister of Energy and Mineral Resources Arcandra Tahar in Jakarta, Thursday (04/18/2019).

According to the Minister of Energy and Mineral Resources, the Government immediately issued a Ministerial Regulation which would make it easier for investors to access oil and gas data free of charge around May, allowing investors to find new oil and gas reserves.

"We will invite the Cooperation Contract Contractors (KKKS) to socialize the open data policy that is part of this Big Data program," Arcandra added.

The Ministry of Energy and Mineral Resources will implement the scheme of members and non-members for this open data policy and will also protect the data of the KKKS that is valid for four years, six years and eight years.

"Data access is limited for non-members, and for those who become members, the Government will provide data access not only limited to seismic raw data, but also includes processed data and interpretation data," explained Arcandra.

The Deputy Minister of Energy and Mineral Resources strongly refused if this policy was like selling state sovereignty, because according to Arcandra the data on oil and gas was still owned by the state and the state still had complete control over this data.

"This is not selling wealth, the data still belongs to the state, if they have analyzed the KKKS, they can do anything, they still cannot do anything, still they have to ask permission to explore, the state still controls the data. Are we selling data or looking for oil? We are looking for oil, so we will give the data, then, "Archandra said.

He said, the open data policy had been carried out by several countries such as the United States and Britain which had opened data access on a tera byte scale.

"In the past, if you want to access data, you have to pay first, now you can access without paying, please access the data to be analyzed later if you can just pay. "With this policy, it is expected that companies will compete to process the data using their own funds," concluded Arcandra.

This oil and gas open data policy is a revision of Minister of Energy Regulation 27/2006 concerning the management and utilization of oil and gas data, exploration data, and exploitation. With this policy, investors are expected to be interested in conducting exploration and exploitation activities in Indonesia so that new oil and gas reserves can be found.