Weekly Business

Regions Demand Migas Profits

THE demands started when the world oil prices began to increase. The provinces of Riau, East Kalimantan and Papua demanded that the central government improve the oil & gas (Migas) profit share system. These three provinces considered that the way their Migas livelihoods have been calculated up to now was not done in a transparent manner, such as much of Migas production and lifting. This is in spite of the fact that p

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