Under the new legal framework, Cooperation Contracts (KKS) are permitted to address different provisions on the reimbursement of taxes in relation to acquisition of taxable goods and/or services by upstream oil-and-gas contractors
Previously, there was no specific limitation regarding the period for the granting of these facilities
Contractors or any parties possessing oil-and-gas data which have not been registered by Pusdatin ESDM must report such data to Pusdatin ESDM within three months of this regulation coming into force
Infrastructures for electric vehicles, including charging stations, will be initially provided by PT PLN (Persero), although the electricity tariffs will be determined by the Minister of Energy and Mineral Resources
The following objects may be exempted from the imposition of the mandatory levy: 1) Certain types of fuel; 2) Fuel intended for assignment purposes; 3) Natural gas which is transported through pipelines to households or small-scale customers; and 4) Natural gas which is used as gas fuel for transportation purposes
Foreign investors who utilize small islands and surrounding waters should transfer 20% of its shares to their Indonesian counterparts, provided that no dilution of shares and nominee arrangements may take place
Regulation 89/2019 enables upstream oil-and-gas BMN to be handed over through several methods which are far broader than the previous framework, including exchanges, grants and capital participation
A certification program should be organized in order to assess the conformity of Low-Power Wide-Area (LPWA) telecommunication equipment/devices with the various mandated technical requirements
Once issued, import recommendations and export recommendations should remain valid for a one-year period, while the exemption recommendations are only valid for one-time imports or exports
Parties in charge of the operation of thermal power plants have to comply with the predetermined emissions quality standards and monitor such compliance through continuous and manual monitoring methods