Govt Begins Work on Gross-Split Regulation to Urge Oil & Gas Investment
Govt Begins Work on Gross-Split Regulation to Urge Oil & Gas Investment
Earlier, Energy and Mineral Resources Minister Ignasius Jonan had called on the Finance Ministry to immediately issue a regulation related to taxation under the gross-split scheme. “A gross-split is effective only for new investment, while the old agreement will use the old, cost recovery scheme,Jonan said. This file photo shows workers being transported by basket to a Pertamina Hulu Energi West…
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