JAKARTA. Ministry of Energy and Mineral Resources (ESDM) has not released the revision of Government Regulation No 79/ 2010 (PP No 79/2010) on Cost Recovery and Taxation Treatment for Oil and Gas Upstream Industry. Vice Minister of ESDM Arcandra Tahar said, the revision has not been released, as the Ministry of ESDM and Ministry of Finance have not reached agreement related to this matter. The two ministries have different opinions on transitional rules, which will be placed in the government regulation. “This is very significant, as it will determine whether the Government Regulation No 79/2010 will have positive impacts to the investors,” Arcandra said, Thursday (14/12).
Oil and gas regulation revision has not yet final
JAKARTA. Ministry of Energy and Mineral Resources (ESDM) has not released the revision of Government Regulation No 79/ 2010 (PP No 79/2010) on Cost Recovery and Taxation Treatment for Oil and Gas Upstream Industry. Vice Minister of ESDM Arcandra Tahar said, the revision has not been released, as the Ministry of ESDM and Ministry of Finance have not reached agreement related to this matter. The two ministries have different opinions on transitional rules, which will be placed in the government regulation. “This is very significant, as it will determine whether the Government Regulation No 79/2010 will have positive impacts to the investors,” Arcandra said, Thursday (14/12).
TAG: