EXTRACTION OF CRUDE PETROLEUM
This group includes the business or activities of crude oil mining including the search for petroleum content, drilling, mining, separation and storage, production of crude oil condensate, processing to produce crude oil by means of storage, filtering, drying, stabilization and others. Petroleum mining products include crude oil and condensate. This group also includes mining operations for bituminous sand or oil shale and asphalt sand. Mining activities include quarrying, drilling, crushing, washing, screening and mixing as well as storage. Including the production of crude oil from oil shale and bituminous sand if related to mining.
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Key requirements to set up a extraction of crude petroleum in Indonesia
The following requirements are based on the Indonesian business classification code 06100
- Maximum foreign ownership
- Minimum capital
- Rp. 0 billion
- Local SME partnership required
What is a KBLI 06100?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
06100 stands for extraction of crude petroleum
|Section||Extraction of crude petroleum|
|Division||Extraction of crude petroleum and natural gas|
|Group||Mining and quarrying|
|Indonesian class||Extraction of crude petroleum|
Activities similar to Extraction of crude petroleum
- Support activities for other mining and quarrying
- Support activities for petroleum and natural gas extraction
- Excavation of quartz or sand
- Other mining and quarrying ytdl
- Excavation of feldspar and kalsite
- Natural asphalt mining
- Excavation of asbestos
- Extraction of peat
- Extraction of salt
- Precious stone mining
- Pertambangan yodium
- Mining potash (potassium carbonate)
What are the requirements to set up a extraction of crude petroleum in Indonesia?
- This business classification does not allow foreign ownersip.
The process of registering extraction of crude petroleum company in Indonesia
The exact process of registering a extraction of crude petroleum company depends on the location of your company's registered address.