Killed by the Omnibus law - Economy - magz.tempo.co

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Killed by the Omnibus law

Monday, October 19, 2020

The Job Creation Law cancels the formation of a special state company for executing upstream oil and gas business activities. It has to wait for the revision of the Oil and Gas Law.

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THE plan to establish a new institution replacing the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) is canceled. The House of Representatives (DPR) and the government took the formulation of a new article off from the Job Creation Law that initially regulated the formation of a special state-owned enterprise (SOE) as a new agency to carry out upstream oil and gas business activities. “The oil and gas cluster still refers to

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