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Upstream energy M&A expected to skyrocket in 2022

January 13, 2022 by www.thejakartapost.com

Divya Karyza (The Jakarta Post)

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Jakarta   ● Thu, January 13, 2022

Acquisitions in the upstream energy sector are expected to skyrocket in 2022, a top commissioner at a state-owned energy company has said.

Arcandra Tahar, president commissioner of Pertamina's gas subsidiary PT Perusahaan Gas Negara (PGN) and a former energy minister, says he expects many mergers and acquisitions (M&A) this year.

"This is an opportunity in the Southeast Asian region," he said during the "PGN Energy Economic Outlook 2022" virtual event, which was livestreamed on Wednesday.

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Filed Under: Business pgn|oil-and-gas|renewable-energy|merger-and-acquisition

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