Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Kartini L Makmur, Andin Aditya Rahman
The management of revenues from oil and gas business activities remains ineffective and inefficient is the view of Wasingatu Zakiyah, a researcher from the Institute for Development and Economic Analysis.
During a national seminar in Jakarta on the management of revenues from oil and gas and mining business activities on Wednesday, Wasingatu explained that this can be discerned from the lack of legal certainty on the distribution of oil and gas revenues between the Government and regional governments.
According to Wasingatu, one solution to maximize the management of all such revenues is through a petroleum fund mechanism. Under such a mechanism, funds reserved from state revenues will be specifically used for the oil and gas sector.
Ujang Rahmat, Head of the Economics Division at the East Kalimantan Development Planning Agency, admitted that the management of oil and gas revenue does not bring any welfare to the people.
“East Kalimantan produces 50% of Indonesia’s oil and gas. However, transportation costs and infrastructure in East Kalimantan are insufficient and too expensive,” Ujang said.
During the same occasion, Faisal Basri, an economics expert from the University of Indonesia, also welcomed the idea of the inclusion of a petroleum fund provision in the draft bill.
According to Faisal, the inclusion of a petroleum fund clause cis a possiblesolution for theimplementation of the fairness principle for generations to come.
As background , the House of Representatives has included provisions on a petroleum fund in the current draft bill on oil and gas.
The petroleum fund, according to the draft bill, will be managed by the Ministry of Energy and Mineral Resources and will be used to replenish oil reserves and for renewable energy research.
(hot/kc)
Kartini L Makmur, Andin Aditya Rahman
The management of revenues from oil and gas business activities remains ineffective and inefficient is the view of Wasingatu Zakiyah, a researcher from the Institute for Development and Economic Analysis.
During a national seminar in Jakarta on the management of revenues from oil and gas and mining business activities on Wednesday, Wasingatu explained that this can be discerned from the lack of legal certainty on the distribution of oil and gas revenues between the Government and regional governments.
According to Wasingatu, one solution to maximize the management of all such revenues is through a petroleum fund mechanism. Under such a mechanism, funds reserved from state revenues will be specifically used for the oil and gas sector.
Ujang Rahmat, Head of the Economics Division at the East Kalimantan Development Planning Agency, admitted that the management of oil and gas revenue does not bring any welfare to the people.
“East Kalimantan produces 50% of Indonesia’s oil and gas. However, transportation costs and infrastructure in East Kalimantan are insufficient and too expensive,” Ujang said.
During the same occasion, Faisal Basri, an economics expert from the University of Indonesia, also welcomed the idea of the inclusion of a petroleum fund provision in the draft bill.
According to Faisal, the inclusion of a petroleum fund clause cis a possiblesolution for theimplementation of the fairness principle for generations to come.
As background , the House of Representatives has included provisions on a petroleum fund in the current draft bill on oil and gas.
The petroleum fund, according to the draft bill, will be managed by the Ministry of Energy and Mineral Resources and will be used to replenish oil reserves and for renewable energy research.
(hot/kc)