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Upstream Oil and Gas Industry Efforts to Reach 1 Million BOPD & 12 BSCFD : Governing The Ungovernable Unusual Business

3 Agustus 2021   20:00 Diperbarui: 3 Agustus 2021   20:17 88 0
Indonesia is a country with a population equivalent to 3.51% of the total world population. A large population makes Indonesia the fourth most populous country in the world. According to this, it is very important to continue to improve economic development in order to maintain sustainable economic growth and to fulfil domestic needs. Prior to the crisis caused by the COVID-19 pandemic, Indonesia had made huge gains in poverty alleviation by successfully cutting the poverty rate by more than half since 1999, to 9.78% in 2020. In addition, Indonesia was able to maintain consistent economic growth, thus ultimately qualify Indonesia to be a country with upper-middle income status. In order to support Indonesia's economic growth, ensuring the running of operations in various industrial sectors is important to support the running of the existing economy activity.

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