Saving the Cepu Block

FOR Ariadi Subandrio, the turning point came when the government issued Regulations 34/2005 which amended Government Regulations 35/2004 on Upstream Oil & Gas Operations. The regulations facilitated the process of changing the Cepu Block Technical Assistance Contract (TAC) into a production-sharing contract, said the former Secretary-General of the Indonesian Association of Geologists.

Under the TAC between Pertamina and ExxonMobil, which is suppose

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