I wonder if this has been announced to the prospective punters. Also it has been announced by the Director General of MIGAS that all Coal Bed Methane contracts will not be granted claw back of development expenses, as has been previously allowed and will share profits directly with the government.
GOVERNMENT DECREE
Indonesia to impose domestic requirements on coal and metal miners
A document from the energy and mines ministry has set out a decree requiring metal and coal miners to put aside specific amounts of their production for domestic Indonesian needs.
BCR Price at posting:
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