Article
Indonesia's New Draft Law On Oil And Natural Gas: Key Changes From The Prevailing Regime
The Government of the Republic of Indonesia is deliberating a draft Law on Oil and Natural Gas (“Draft Law”) that is intended to replace Law No. 22 of 2001 on Oil and Natural Gas, as amended by Law No. 6 of 2023 on the Enactment of Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation into Law (“Law 22/2001”). The Draft Law was submitted by the President and is dated 3 March 2026, and remains subject to deliberation and approval by the House of Representatives (Dewan Perwakilan Rakyat or “DPR”) before enactment.
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