VIVAnews - The Indonesian government is targeting that the revenues in energy and mineral resources sector this year would reach Rp 175.5 trillion, which would include Rp 159.7 trillion from oil and gas, Rp 15.1 trillion from mining, Rp 48 billion from non-tax state revenues (research and development agency), Rp Rp 154 billion from non-tax state revenues (training and education), and Rp Rp 433 billion from non-tax state revenues (downstream oil and gas).
Energy Minister Darwin Zahedy Saleh on Monday, Dec 4, said total investment in energy and mineral resources sectors is expected to hit US$28.06 billion.
Profit share fund in the energy and mineral resources sector is targeted to reach Rp 24.3 trillion.
Fossil-based fuel, biofuel and LPG would this year be subsidized Rp 68.7 trillion while electricity subsidy is likely to reach Rp 37.8 trillion.
Oil exports are targeted to reach 135 million barrels while gas at 354.6 trillion British thermal unit.
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Translated by: Bonardo Maulana Wahono
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