Jakarta, May 21 -- Indonesia's Minister of Energy and Mineral Resources, Bahlil Lahadalia, has emphasized the government's commitment to establishing a fair investment climate in the country's oil and gas sector.

To achieve this, the government will implement equal treatment across its upstream regulatory policies, balancing the interests of state-owned enterprises (SOEs), production sharing contractors (PSCs), regional governments, and local entrepreneurs.

"I will emphasize equal treatment. While state support for SOEs is important, it is far more critical to consider the interests of all parties involved," Bahlil said at the 2026 Indonesian Petroleum Association Convention and Exhibition (IPA Convex) in Tangerang on Wednesday, May 20....