Curfew Met The Main PSC

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COMPASS IMAGES/BANAR FIL LISA Jero Wacik.

BADUNG, KOMPAS.com — Minister of energy and Mineral resources (DEMR) Jero Wacik dialogue with Indonesia Petroleum Association Executive Board and the executives of a number of cooperation contracts contractors (PSC) oil and natural gas.

The meeting was held on Friday (16/11/2012) night, at Patra Jasa Hotel, Kuta, Badung Regency, Bali. The event was attended by Vice Chairman of the Petroleum Association of Indonesia as well as representatives from Ephindo, Sammy Hamzah. Some of the oil and gas company executives who were present, among others, President Director of PT Medco Energy International Lukman Mahfoedz, Managing Director of Chevron Pacific Indonesia Jeff.

Jero Wacik said, also second to the oil & gas industry should not be stopped. Because there was a verdict of the Constitutional Court (MK) on November 13, 2012 which States the existence of oil and gas Upstream activities of Implementing Agencies did not match the Constitution, then the Government studied a number of rescue.

One decisions of the Constitutional Court, in addition to dissolve oil and gas BP was diverted around the tasks and functions of BP Oil and gas at Curfew. "Because it's the management, implementation and supervision of the works carried out BP Oil and gas MINERAL RESOURCES are submitted to the Ministry," he said.

"All the processes must be running. There is a development plan, negotiations should remain the field of oil and gas upstream of the road. Everything has to be under the control of the Curfew, I concurrently as Chairman of the former manager of BP Oil and natural gas, "said Jero Wacik.



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