Indonesia

Indonesia

Launches a speedy licensing procedure for the energy sector

30 Jan 2017

On 30 January 2017, the Investment Coordinating Board (BKPM) and the Ministry of Energy and Mineral Resources launched a special service that allows the prompt issuance of temporary licenses for eight businesses in the downstream oil and gas sector and one in the electricity procurement sector.

Companies seeking this three-hour service only need to submit the required documents at a one-stop integrated service agency. The licenses will be issued if the firm has met all administrative and technical requirements stipulated in Energy and Mineral Resources Ministerial Decree No. 15/2016 on the three-hour licensing service for infrastructure in the energy and mineral resources sectors.