KONTAN.CO.ID - JAKARTA. Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration. The revisions, which came into effect on July 16, allow contractors to choose between different sharing contracts including the "cost recovery" and "gross split" systems in an effort to boost investment. Baca Juga: Dollar wobbles as investors grow anxious about pandemic toll on U.S. economy
Indonesia allows oil and gas investors to pick their own contract options
KONTAN.CO.ID - JAKARTA. Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration. The revisions, which came into effect on July 16, allow contractors to choose between different sharing contracts including the "cost recovery" and "gross split" systems in an effort to boost investment. Baca Juga: Dollar wobbles as investors grow anxious about pandemic toll on U.S. economy