Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Rimba Supriyatna, IGAP Trisnajaya
To avoid similar outcomes as the BP Migas dissolution, Commission VII of the House of Representatives (House) is asking experts to give input on the draft of the new Bill on Oil and Gas (Bill).
During a discussion titled “Considering the Existence of BPH Migas: Is it Necessary?”, Thursday (31/1), President of Oil and Gas Labor Union Faisal Yusra proposed that the Bill must put national interests ahead of foreign investors’ interests.
“If [the Bill] does not fulfill the industry’s expectation of promoting national interests, we will definitely request a judicial review [of the Bill],” stated Faisal.
Faisal suggested that the Government must continue regulating the oil and gas industry. Meanwhile, the authority to manage the industry must go to Pertamina because of its expertise in cooperation with foreign investors.
Similar with Faisal, Director Executive of Energy Watch Mamit Setyawan stated that the Government should not be involved in contracting with foreign investors and that the new Bill should clearly reflect that position.
Mamit further recommended that the Bill must be issued immediately because postponing the Bill gives investors the impression that the oil and gas industry in Indonesia is unstable without a proper legal framework.
“Investment [in the oil and gas industry] is decreasing because many oil and gas companies are reluctant to invest [in Indonesia] due to the uncertainty of oil and gas management,” concluded Mamit.
(jt)
Rimba Supriyatna, IGAP Trisnajaya
To avoid similar outcomes as the BP Migas dissolution, Commission VII of the House of Representatives (House) is asking experts to give input on the draft of the new Bill on Oil and Gas (Bill).
During a discussion titled “Considering the Existence of BPH Migas: Is it Necessary?”, Thursday (31/1), President of Oil and Gas Labor Union Faisal Yusra proposed that the Bill must put national interests ahead of foreign investors’ interests.
“If [the Bill] does not fulfill the industry’s expectation of promoting national interests, we will definitely request a judicial review [of the Bill],” stated Faisal.
Faisal suggested that the Government must continue regulating the oil and gas industry. Meanwhile, the authority to manage the industry must go to Pertamina because of its expertise in cooperation with foreign investors.
Similar with Faisal, Director Executive of Energy Watch Mamit Setyawan stated that the Government should not be involved in contracting with foreign investors and that the new Bill should clearly reflect that position.
Mamit further recommended that the Bill must be issued immediately because postponing the Bill gives investors the impression that the oil and gas industry in Indonesia is unstable without a proper legal framework.
“Investment [in the oil and gas industry] is decreasing because many oil and gas companies are reluctant to invest [in Indonesia] due to the uncertainty of oil and gas management,” concluded Mamit.
(jt)