JAKARTA, July 22 (Xinhua) -- The Indonesian government on Tuesday agreed to raise the oil lifting (post-sale production) target for 2026 to between 605,000 and 620,000 barrels per day (bpd), up from the previous target of 600,000 to 605,000 bpd.
The agreement was reached during a meeting involving government representatives. Meanwhile, the gas lifting target for 2026 remains unchanged at between 953,000 and 1,017,000 barrels of oil equivalent per day.
Other macroeconomic assumptions were generally consistent with the government's previous proposals. ■
