Fw: [oilgasprof] BP Migas, President Statement

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Nov 14, 2012, 10:58:02 PM11/14/12
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From: "Yosep Arianto" <josep...@yahoo.com>
Date: Thu, 15 Nov 2012 03:10:59 +0000
Subject: Re: [oilgasprof] BP Migas, President Statement

 

Just new era for oil and gas in Indonesia..

Like change the shirt..

They change the BP Migas to be UPKH...
I think like closed the old sins and created a new sins because the people will be same between BP Migas and UPKH..(Perpres No. 95/2012)


BR,
Yosep A

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Date: Thu, 15 Nov 2012 02:03:45 +0000
To: Oilgasprof group<oilga...@yahoogroups.com>
Subject: Re: [oilgasprof] BP Migas, President Statement

 

Can we expect fast process for AFE's....? Or are we back to the dark ages....?

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From: "M. Yanto" <yanto....@gmail.com>
Date: Thu, 15 Nov 2012 01:41:16 +0000
Subject: Re: [oilgasprof] BP Migas, President Statement

 

New coruptors??? No no new oportunity for new persons yes

Wass
M.Yanto
From: Hasan Hambali <hh196...@yahoo.com>
Date: Thu, 15 Nov 2012 08:28:05 +0700
Subject: Re: [oilgasprof] BP Migas, President Statement

 

There will be:
1. New logo, new project for marketing and printing company
2. New Office, new project for furniture company
3. New employees and directors, new job opportunity
4. New cars, for car rental company
5. New Stationaries, for printing company
6. Many new, new, new....

Good business opportunities.

Regards,
Hasan Hambali

On Nov 15, 2012, at 7:59, 3G G&G&G <ggg...@yahoo.com> wrote:

 

It's about bureaucratic and administration, so it must be nearly the same only some of the people are differents.


From: Jean Michel Attal <jean....@ptpcm.co.id>
To: oilga...@yahoogroups.com
Sent: Wednesday, November 14, 2012 10:19 PM
Subject: RE: [oilgasprof] BP Migas, President Statement

 
Good….But lets see what’s next…
 
 
From: oilga...@yahoogroups.com [mailto:oilga...@yahoogroups.com] On Behalf Of Hasan Hambali
Sent: Wednesday, November 14, 2012 8:46 PM
To: oilga...@yahoogroups.com
Subject: [oilgasprof] BP Migas, President Statement
 
 
Good evening alll,
 
This is the latest article taken from the Jakarta Post regarding a president statement about the BP Migas contract status. I think there is misunderstanding between revenue and operating profit stated in the article.
 

All contracts with BP Migas still valid, President

The Jakarta Post | Wed, 11/14/2012 19:38 | Business

President Susilo Bambang Yudhoyono has issued a presidential decree stating that all contracts with the now defunct upstream oil and gas regulator BP Migas will remain valid as its function would be taken over by the Energy and Mineral Resources Ministry.
The presidential decree regulates the transfer of all BP Migas functions, including its employees, to the ministry.
?쏰il and gas investors and business players should not worry about the dissolving of BP Migas. All cooperation contracts will remain valid and its operations will continue as usual [under the ministry],??the President said in a press conference on Wednesday.
The Constitutional Court annulled on Tuesday all articles relating to the regulatory body stipulated in Law No. 22/2001 on oil and gas. The court said that the articles violated the Constitution and the regulatory body did not have any legal basis.
The court said that the regulatory body limited state control over natural resources as it did not directly manage oil and gas. Instead, BP Migas handed the management over to state-owned companies or private companies through cooperation contracts.
BP Migas was established in 2002 to take over the authority of managing and supervising the upstream oil and gas industry from state-oil company Pertamina.
Since its establishment, BP Migas has been operating under the system of cooperation contracts, with 85 percent of its revenue from oil going to the state and the remainder to the concerned company with a contract with BP Migas. As for gas, the state gets 70 percent of the revenue.
Between 2001 and 2011, 74 percent of oil and gas in the country was handled by foreign companies, according to data from the Energy and Mineral Resources Ministry.
Regards,
Hasan Hambali


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