He said the decision wasnt made lightly by President Joko Widodo because while export results in shortage and price hike in Indonesia, it contributes greatly to national economy.
President Joko Widodo announced that the Indonesian government would ban the export of cooking oil and its raw materials starting Thursday, April 28, 2022, for an undetermined time limit.
"There are four suspects. First, an echelon 1 official at the Ministry of Trade named IWW (namely) the Director General of Foreign Trade of the Ministry of Trade," said Attorney General
Emphasized that Pertamina will prioritize the affected residents and fishing groups located in the Pertamina Ternate area.
Usually, people are afraid to be exposed to hot oil while cooking. However, this action might not be felt by the street food seller.
Each household will receive Rp300,000.
The figure, however, was lower compared to January survey.
Greenpeace said they will continue the campaign.
The potential is enormous because Indonesia is the largest producer and exporter of palm oil in the world.
As instructed by President Joko Widodo, Indonesia must stop the export of CPO so that the commodity can be processed into value-added derivative products.
Riau Province is estimated to have about 2,806,349 hectares (6,934,639 acres) of oil palm land. With such a large area, the area produces as much as 9.5 million tons of palm oil annually. What are the other four?
Bahlil Lahadalia held an inaugural meeting with all Echelon I within the Ministry of Energy and Mineral Resources (ESDM) on this Friday morning.
The work will be carried out in collaboration with South Korean government in the form of converting oil and gas platforms (rigs to reefs).
Joko Widodo said he has set a timeline for the completion of a number of coal downstream projects in Indonesia and expected all stakeholders, including ministries, to meet the target.
The offer was less than in 2021 when the government offered 14 oil and gas blocks
The test is crucial before government can implement mandatory use.
PT Pertamina Hulu Mahakam has discovered new gas reserve in Balikpapan offshore in East Kalimantan.
As some multinational companies decided to leave Indonesia, more opportunities are now available for Indonesian companies to play bigger role in the upstream of oil and gas.
The minister noted that Indonesias exports in 2021 will be the highest since 2011 when the countrys exports were recorded at US$203.5 billion
"The drilling activities for these four wells are targeted to be completed in May 2022," said SKK Migas.
