Nanang Vitello
Sindonews.com -Observers assess the question of contract must be returned on the Mahakam Block rules that apply, i.e. the law (UU) No. 22/2001 concerning oil and natural gas that is currently in the process of revision. In the draft revision, the participation must be sharpened.
"As oil and gas ACT, now in the process as well as a revision of REGULATION No. 35 in 2004, article 7 paragraph 3 clearly stated that the contractor is obliged to return the entire working area to the Minister through the implementing Agency (oil & gas SKK), after a period of Cooperation Contract expires," said oil & gas Observer Sujono Hadi Soedarno in Jakarta, Monday (04/04/2013).
The increase, the Total and Inpex is already mastered the Mahakam Block 46 years with a contract for 30 years and was extended 20 years by 2017. Sujono quoting PP 35/2004 article 34 that "the contractor is obliged to offer 10 percent participating interest in the business entity belonging to the region," he said.
Moreover, according to Sujono, Mahakam Block is an important part of the national energy security because of the proven reserves of gas. So, with a Total length of PSC already and Inpex controlling such blocks and with the obvious, of course there is no excuse anymore to not run by companies, both national as well as other national company of Pertamina.
"It's just that the problem there was doubt going to the company's ability to manage national oil & gas field of Mahakam Block," he said.
However, he continued, the opinion so very humbled the nation's own capabilities. In fact, the most important rights management must be in its own hands. "If it was not able to say, yes we kontrakkan only to foreigners who can afford within a certain period in order to study," he said.
The Government should be aware that the management of the Mahakam Block requires a reliable operations management, in particular the expertise and other underground reservoirs. "But I personally believe we are able to manage it. Most importantly, ownership/ownership that's 100 percent national "augment.
According to Sujono, in Mahakam Block tilled by Pertamina with the national company, the opportunity allows. However, such decisions are subject to the Government in this regard the Ministry of MINERAL RESOURCES and oil & gas SKK. "So that should apply in determining the fate of wise Block contract which expires next Mahakam 2017," he said.
He hoped that all the oil & gas and Government contract holder must comply with the rules, sitting with that after the contract is completed must be submitted to the Government in advance then will be handed over to Pertamina.
"Or could be also the concept of sharing partnership with local governments, or it could be extended to a Total of. Most importantly it contractors should be aware that according to the contract, completed the contract must be submitted to the Government in advance, "he said.
According to him, if maintained, generally the Government portion of Pertamina will indeed shrinking. If the Government portion of 75 percent now, maybe later portions to 60 percent only.
It should be remembered, however, pertamina also 100 percent Government-owned. In addition to the financial considerations, will also foster the ability of professional expertise in managing domestic power gas field of Mahakam Block.
"It is true, the current reality of many experts who manage and Indonesia become oil & gas company executives in Malaysia and some countries Arabian Peninsula," he said.
(
rna)
Finance; Investment; Business; Economics
Finance; Investment; Business; Economics
