Kamis 18 Apr 2013 22:23 WIB

SKK Migas asks banks to increase loan on oil and gas sector

Rep: Sefti Oktarianisa/Mutia Ramadhani/ Red: Yeyen Rostiyani
Oil refinery in Balongan, Indramayu, West Java (illustration)
Foto: Republika/Wihdan Hidayat
Oil refinery in Balongan, Indramayu, West Java (illustration)

REPUBLIKA.CO.ID, JAKARTA - Head of Upstream Oil and Gas Special Task Force (SKK Migas) Rudi Rubiandini said that some local banks had potential to increase their investment on oil and gas sector in Indonesia. The annual value banking transactions in March 2013 is higher than 2009.

"Commitment of payment transactions through state owned banks and regional owned banks reaches 135 percent," said Rubiandini on Thursday. The value equals to 26.678 billion USD or 240 trillion IDR.

Oil and gas sector needs investment worth 150 billion to 200 billion USD per year, while Indonesian local banks in Indonesia has depositor funds (DPK) worth 570.75 trillion IDR per year. 

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