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New blow to Indonesia's upstream hopes as regulator arrested

The arrest of upstream regulator Rudi Rubiandini on corruption charges has highlighted the problems the country's energy sector is facing

The arrest of the head of Indonesia's upstream regulator on suspicion of corruption has dealt a new blow to the nation's attempts to bolster its flagging oil and gas sector. SKKMigas was thrown into disarray after its now suspended chairman, Rudi Rubiandini, was arrested by an anti-graft agency on suspicion of receiving a $700,000 bribe from Simon Tanjaya, an executive of Singapore-based trader Kernel Oil.Analysts say the scandal will do little to ease investor concerns at a time when Indonesia is struggling to restore confidence in its energy sector and reverse falling oil production. Rising nationalism and controversial criminal prosecutions against foreign oil company employees has alread

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