Papua’s oil and gas deregulation could boost local revenue: analyst

JAIPURA (Antara) – The Papuan government is looking forward to draft provincial regulations on oil and gas to increase regional primary revenue (PAT) and the welfare of local communities, a government policy analyst said.

The Papua provincial government and the Center for Natural Resources and Energy Studies at Sendarawasih University are discussing the draft regulation, Annie Rumbiak, policy analyst for economics and finance, said here on Tuesday.

„The draft provincial regulation on oil and gas can strengthen the management of natural resources,” he said.

According to him, this regulation will help ensure that society is protected by law when using natural resources, which will help increase PAD.

„It is very important to issue a provincial regulation to strengthen the implementation of existing laws and regulations,” he said.

He added that regulation of oil and gas would improve welfare including the local economy and regional government revenue.

Meanwhile, Hadlan Samosir, chairman of the committee to prepare the academic manuscript for the regulation, said the Papua provincial government should have legal preparations that can protect the interests of oil and gas implementation.

Regulation on oil and gas will support targeted implementation and management, he said.

„So, academically, I think it is a good move for the Papua Provincial Government to have a legal preparation that can protect the interests of oil and gas operators,” he said.

He pointed out that there are still problems with oil and gas supply.

„Papua has the potential, so it needs attention from the upstream and downstream (sectors). In the education speech, we are conveying things that encourage the immediate release of the provincial regulation,” he said.

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Earlier on Monday (August 28, 2023), Papua’s Office of Energy and Mineral Resources held a focus group discussion on regulatory preparation.

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Translated by: Kadri B, Kensu
Editor: Aziz Kurmala
Copyright © ANTARA 2023

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