BirthME, Doulas

Along with the targeted increase of the share of renewable energy, the share of oil is targeted to decrease from 46% in 2015 to 25% by 2025 and 20% by 2050. If the facilities and techniques satisfy work health and safety standards, the DGOG shall issue certifications for installations and equipment. PSCs that do not contain provisions regarding post-operation obligations are subject to MEMR Reg. All financial risks of operations under the PSC are borne by the Contractor.

Participants will receive an introduction to prescriptive and performance-based approaches to regulating the offshore oil and gas industry. If such intervention does not yield a settlement between the disputing parties, the dispute may be referred to a district court.Yes, Indonesia is a signatory to and has ratified both the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States.Indonesia does not recognise foreign court decisions, but international arbitration awards can be enforced in Indonesia through the mechanism provided in Law No. ICLG - Oil & Gas Regulation covers common issues in oil and gas laws and regulations – including development of oil and natural gas,import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment – in 29 jurisdictions Published: 03/01/2020 27 of 2017 (as amended, “GR 79/2010”), and Minister of Finance Regulation No. In 2018, Indonesia’s oil and gas revenue contributed roughly 7% to State revenue.Most oil upstream activities are focused in western Indonesia, with the main areas for oil production being Sumatra, the Java Sea, East Kalimantan, and Natuna. Similarly, MEMR Regulation No.

Oil & Gas Laws and Regulations covering issues in Indonesia of Overview of Natural Gas Sector, Overview of Oil Sector, Development of Oil and Natural Gas. This master plan is relied upon by BPH Migas to, In addition to a gas transportation licence from the BKPM c.q. Ltd.LNG facilities in Indonesia include Bontang (East Kalimantan), Tangguh (West Papua), and Donggi Senoro (Sulawesi). Bundling of several products is possible since one entity may hold both a distribution and a trading licence.LNG facilities may be operated by upstream players as an ancillary activity to their main activities under the PSC, or by a downstream business entity that engages in processing or trading activities.Prior POD approval from the MEMR is required for the operation of LNG facilities at the upstream level.
3 of 2016 regarding the Acceleration of the Implementation of National Strategic Projects, as lastly amended by Presidential Regulation No. A post-operation activity plan is required to be prepared and submitted to SKK Migas through the submission of a WP&B (if the PSC is in the exploration stage) or as part of the field development plan (if the PSC is in the exploitation stage).

Together, we identify and share knowledge and good practices to improve the industry in areas such as health, safety, the environment and efficiency. Oil trading is classified into wholesale trading and limited trading, depending on the scale of business and ownership of facilities.While BPH Migas can impose penalties on business entities engaged in the natural gas sector, the Commission for the Supervision of Business Competition (“KPPU”) is responsible for implementing Indonesia’s Anti-Monopoly Law.
Ltd.; Betung Compressor Installation by PT Pertamina EP; and Bayan Gas Production Facilities by Manhattan Kalimantan Investments Pte.

38 of 2015 regarding the Acceleration of the Unconventional Oil and Gas Business, sets forth provisions that enable an acceleration of unconventional oil and gas sales for PSC Contractors. According to the BP 2019 Report, the ratio of Indonesia’s natural gas production to consumption in 2018 was 187.7%.Nearly half of Indonesia’s gas production is exported. The share of gas in the energy supply mix is targeted to rise from 23% in 2015 to 22% by 2025 and 24% by 2050. On the 19th July 2015 the Offshore Installations (Offshore Safety Directive) Events surrounding the blowout and actions taken in response to this and similar incidentsSubscribe for free email newsletters and notifications - news and updates on Offshore oil and gas.HSE aims to reduce work-related death, injury and ill health. The PSC may stipulate whether the tax laws and regulations applicable at the time of the PSC execution shall apply (stabilised) or whether the PSC shall follow every tax law and regulation issued over time. The chapter provides a detailed overview of the various laws governing the South African oil and gas industry and insights into recent regulatory developments. Expected changes include the establishment of oil and gas managing agencies in the form of SOEs to replace SKK Migas, increased privileges for Pertamina in acquiring work areas, the contracts or licensing mechanisms in the upstream sector, the prescribed maximum period for exploration activities, and an obligation to dedicate production to the domestic market through a Safeguarding Business Entity to be established by the law itself.In January 2019, the Government issued GR 1/2019, which requires foreign exchange proceeds deriving from the export of natural resources, including oil and gas, to be placed in the Indonesian financial system through a special account in an Indonesian foreign exchange bank no later than the end of the third month after the Registration of Export Declaration (In November 2018, Supreme Court decision No. BPH Migas will discuss with the related pipeline operator and users before determining the tariff.For the transportation of natural gas, the applicable regulation provides that the agreement between a gas pipeline operator and user must be set forth in a gas transportation agreement. In the exploration phase, PSC Contractors must complete an environmental monitoring and environmental management (“UKL/UPL”) report.