This is in line with the country’s agenda of achieving an electrification target of 99.7% by 2025, under which at least 80.5 GW of power plants need to be constructed. 59/2016 - Release of long-awaited 2016-2025 RUPTL - a positive sign for IPP investors, Energy, Utilities & Mining NewsFlash No. Global Chemicals Deals Insights - Year-end 2018, Chemicals Trends 2018-2019: A tipping point of profitability, Energy, Utilities & Resources NewsFlash No.69/2020 - Omnibus Law/ PerMen ESDM 11/2020 – the Government’s Support for Domestic Nickel Mining Companies/ Update on Regulation for Gross Split PSCs/ Gross Split PSCs - Facilities re. According to the Head of the Special Work Force for Upstream Oil and Gas Business Activities Dwi Soetjipto, the achievement of state revenues [147 percent above the 2018 State Budget], convincing the government to target of state revenues in 2019 to be US$ 17.5 billion. Indonesia’s production and opportunity profile has also moved steadily away from oil and towards gas - a trend which may ultimately represent a permanent shift.

In particular, this edition covers the most recent developments related to GR 79, land and building tax and the new negative investment list. We are the bridge that connects investors, the business community and policymakers. 66/2019 - MOF-257 Refresh/ Clarity on BPT on PSC Transfer / New Permanent Establishment (“PE”) Rules / Extended VAT/Land and Building Tax Relief for PSCs / US Dollar Bookkeeping for Tax Purposes for Holders of Special Mining Business Licences in “Production Operation” (“IUPK-OP”) / New Regulation on VAT Reimbursement Procedures for PSCs / Mine 2019: Resourcing the future, Energy, Utilities & Resources NewsFlash No. This publication has been written as a general investment and taxation tool for all stakeholders and those interested in the oil and gas sector in Indonesia. Ltd. On the other side, the national strategic projects that have not been onstream in 2019 includes the Tangguh Train 3 Project targeted for 2020, the Jambaran Tiung Biru Project targeted for 2021, the Indonesia Deep Water Project (IDD) targeted in 2024, and the Abadi Project targeted for the year 2027, remains a priority.

Energy, Utilities & Resources Statement of Capabilities.

However, the industry has not seen significant new developments for a number of years, with many existing contractors having lost interest in further exploration in Indonesia due to regulatory instability and an uncertain investment climate, and few new players are entering the market.

The survey responses come from 95 respondents from 75 different companies currently operating in the Indonesian oil and gas sector and therefore can be used to draw credible conclusions about the issues preventing the industry from reaching its full potential.

Oil accounted for 45% of incremental increase in primary energy consumption in 2018. © 2018 - 2020 PwC. Welcome to PwC’s 16th annual review of global trends in the mining industry – Mine. In addition, there is the Ario Damar-Sriwijaya Phase 2 project – KKKS PT Tropik Energi Pandan; Temelat Gas Flow Project to Gunung Kembang Selatan – PT Medco E&P Indonesia KKKS; Bukit Tua Phase 3 Project – Petronas KKKS Carigali Ketapang II Ltd.

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