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Jakarta Post
The Jakarta Post
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Editorial: Misperception on oil

  • The Jakarta Post

| Thu, December 13 2012 | 09:55 am

PREMIUM Indonesia is changing the rules of a game that was designed to last for three decades only after 11 years of play.

That is how many analysts and oil company executives describe the current deliberations by the House of Representatives on amendments to the 2001 Oil and Gas Law.

This anomaly, according to the Indonesian Petroleum Association (IPA), seems to have been caused by misperce...