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View all search resultsThe Energy and Mineral Resources Ministry revoked on Monday 32 regulations, whether in the form of ministerial regulations or ministerial decrees, in a move that is expected to streamline bureaucracy and improve the country's investment climate.
The Indonesian Renewable Energy Society (METI) says Energy and Mineral Resources Minister Ignasius Jogan with a recent decree on new and renewable energy has repeated mistakes of the past that are proven to discourage investors.
A newly issued energy and mineral resources ministerial decree on the implementation of a gross-split sliding scale for upstream oil and gas projects dictates that the government will no longer have to reimburse exploitation and exploration activities in new and renewed contracts.
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