Crude Moves - Economy - magz.tempo.co

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Profit Sharing

Crude Moves

Tuesday, June 5, 2001

The fight over oil and gas between Kutai Kartanegara and East Kutai regencies isn't over yet. Ironically, the four oil-producing districts they're fighting over are asking to become a separate regency.

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Oil, it seems, is thicker than blood. Brothers are willing to sever blood ties for the sake of black gold. That seems to describe the state of affairs between neighboring Kutai Kartanegara and East Kutai regencies in East Kalimantan. Both are staking their claims on the oil and gas produced in Kutai. Because they were unable to agree on a division of profit sharing, Jakarta has had to change the scheme three times. The conflict has now worsened, ...

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Tempo English Tuesday, June 5, 2001
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Tempo English Tuesday, June 5, 2001
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Tempo English Tuesday, June 5, 2001
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Tempo English Tuesday, June 5, 2001

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