JAKARTA. The holding of oil and gas state owned oil and gas companies is almost definitely established in January. PT Pertamina (State Owned Oil Company) will likely be leading the company, and also supervising PT Perusahaan Gas Negara Tbk (State Gas Company). On 30 December 2016, President Joko Widodo has signed Government Regulation No 72/2016, which revised the Government Rgulation No 43/2005 on the Inclusion and Administration of State Capital on State Owned Enterprise (SOE) and Limited Company. “The establishment of oil and gas holding requires the revision,” said Deputy for Restructuring and Business Development of Ministry of SOE Aloysius Kiik Ro. Subsequently, the government will immediately establish oil and gas holding. Aloysius added, the draft of the government regulation on oil and gas holding is still being assessed by Ministry of Finance.
Oil and gas holding will be established
JAKARTA. The holding of oil and gas state owned oil and gas companies is almost definitely established in January. PT Pertamina (State Owned Oil Company) will likely be leading the company, and also supervising PT Perusahaan Gas Negara Tbk (State Gas Company). On 30 December 2016, President Joko Widodo has signed Government Regulation No 72/2016, which revised the Government Rgulation No 43/2005 on the Inclusion and Administration of State Capital on State Owned Enterprise (SOE) and Limited Company. “The establishment of oil and gas holding requires the revision,” said Deputy for Restructuring and Business Development of Ministry of SOE Aloysius Kiik Ro. Subsequently, the government will immediately establish oil and gas holding. Aloysius added, the draft of the government regulation on oil and gas holding is still being assessed by Ministry of Finance.