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Full-Text Articles in Law
Pembagian Hasil Migas Melalui Cost Recovery Dan Gross Split Bagi Sebesar-Besarnya Kemakmuran Rakyat Menurut Uud Nri Tahun 1945, Athari Farhani, Faiqah Nur Azizah, Panggalih Usadhani, Faridh Kurniawan
Pembagian Hasil Migas Melalui Cost Recovery Dan Gross Split Bagi Sebesar-Besarnya Kemakmuran Rakyat Menurut Uud Nri Tahun 1945, Athari Farhani, Faiqah Nur Azizah, Panggalih Usadhani, Faridh Kurniawan
Jurnal Hukum & Pembangunan
Indonesia is a country with abundant natural resources. In oil and gas, two models of product sharing contract are known, namely through cost recovery and gross split. Through Permen of ESDM Number 12 of 2020 concerning the Third Amendment to Regulation of the Minister of Energy and Mineral Resources Number 8 of 2017 concerning Gross Split Production Sharing Contracts, which through this regulation the government makes it easy for contractor entrepreneurs to choose the Gross Split and Cost Recovery model schemes. Meanwhile, the 1945 Constitution of the Republic of Indonesia has outlined that natural resources are controlled by the state …
Analisis Hukum Skema Kontrak Gross Split Terhadap Peningkatan Investasi Hulu Minyak Dan Gas Bumi, Muhammad Fajri
Analisis Hukum Skema Kontrak Gross Split Terhadap Peningkatan Investasi Hulu Minyak Dan Gas Bumi, Muhammad Fajri
Jurnal Hukum & Pembangunan
As a solution to the problems of the Cost Recovery production sharing contract system, the Government of Indonesia through the Ministry of Energy and Mineral Resources issued Minister of Energy and Mineral Resources of the Republic of Indonesia Regulation Number 08 of 2017 concerning Gross Split Production Sharing Contracts. This new regulation is motivated by the low number and length of time of the discovery of oil and gas reserves, along with the Non-Tax State Revenue (PNBP) which continues to decline in the upstream oil and gas sector. The Gross Split profit sharing scheme also offers bureaucratic cuts in investment …