How to Increase Oil Production

How to Increase Oil Production. UI economist Faisal Basri convey, in order to optimize oil production activities (lifting), the government budget must not be held hostage to subsidize fuel oil (BBM).

That's because, the allocation has been disbursed subsidies can be diverted to enrich the exploration project, or build some infrastructure in the oil and gas (Oil and Gas)

In addition, he also emphasized that the mechanism needs to be maximized by applying investment incentives so that investors will be more interested.

"Subsidies should be reduced due to subsidies in 2012 alone was Rp240 trillion and revenues generated from oil Rp170 trillion. Been three year's deficit is falling sac sucked government budget," he said at the Parliament Complex, Jakarta, yesterday.

Faisal added that Indonesia should ensure new investments in the oil sector in order to boost the production of the energy sector in the future. However, this would need a policy regime that provides certainty of law, and fiscal beleid interesting.

"So the government should not mempajaki an exploration project but the production just is not there," he said.

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