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Indonesia paves way for foreigners working in oil, gas sector

2018-03-16 14:54:31

Xinhua

The government of Indonesia has lifted a regulation over the admission of foreign workers, simplifying procedures of licensing for foreign workers to work in the country's oil and gas sector.

The measure is expected to lure more foreign capitals to the sector, Director in the Energy and Mineral Resources Ministry Budiyantono said Thursday.

Indonesian President Joko Widodo has frequently ordered authorities to abolish rules hampering investment coming into the country.

"The president wants to remove poor and unnecessary regulations which hamper efforts to attract foreign investors," said Budidyantono.

After the abolition of the rules, businessmen in the sector can directly apply licensing for foreign workers to work in Indonesia, he said.

The Indonesian government has attempted to boost fuel and gas outputs to meet rising energy demands by increasing fresh investment in the sector, particularly in exploration.

Indonesia, a net oil importer, has been striving to revive its dwindling oil and gas production amid rising global oil prices.

Indonesia's crude oil output peaked at 1.7 million barrel per day in the mid 1990s, however in recent years the production output has decreased to only half that level due to aging wells and other reasons.