April 3, 2012

Rule on oil, gas contract extensions expected


The Jakarta Post | April 3, 2012

The Energy and Mineral Resources Ministry will issue a regulation on extending oil and gas contracts to provide concession holders with more legal certainty, an official says.

The spokesperson for upstream oil and gas regulator BPMigas, Gde Pradnyana, said on Monday that there were currently no clear regulations covering the conditions and procedures for contract extensions.

URL: http://www.thejakartapost.com/news/2012/04/03/rule-oil-gas-contract-extensions-expected.html

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