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ARTICLE · 09 MARCH 2017

Indonesia Briefing: Latest Changes In Energy Law (Part 2)

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The Indonesian government has recently passed new regulations introducing significant changes to the power and upstream oil and gas sectors.

IndonesiaEnergy and Natural Resources
Sean Prior
Sean Prior
Nathan Dodd
Nathan Dodd
Rod Brown
Rod Brown
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The Indonesian government has recently passed new regulations introducing significant changes to the power and upstream oil and gas sectors. In Part 1, we discussed the power sector. In this briefing note, Sean Prior, Counsel of Mayer Brown JSM and Fadjar Kandar, Managing Partner of Kandar & Partners highlight the latest developments in the upstream oil and gas sector and their likely impact on Indonesian investment.

Introduction of Gross Split Method to Future Upstream Production Sharing Contracts

WHAT NEW REGULATION HAS BEEN PASSED?

  1. On 13 January 2017, Indonesia's Minister of Energy and Mineral Resources of Indonesia (MEMR), which supervises the oil and gas, mining and power sectors, issued Regulation No. 8 of 2017 on Gross Split Production Sharing Contract (Regulation 8).

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