The Constitutional Court (“MK”) has struck down several articles in the Oil and Gas Law related to BPMigas’ establishment and duties. The MK recommended in its judgment that BPMigas’ duties and functions be performed by the Minister of Energy and Mineral Resources while waiting for the promulgation of replacement laws and regulations. As per MK precedent, all existing production sharing contracts will remain valid until their respective expiration dates. The transfer of duties and functions have been restated in Presidential Regulation No. 95 of 2012, which was promptly promulgated on 13 November, 2012.

To read the full article, please download the pdf copy below.

Download File
Other Articles or News
  • Requirement in the OSS System for Companies to Adjust Their KBLI to the 2017 KBLI
  • Indonesia’s Ratification of the Convention Abolishing the Requirement to Legalize Foreign Public Documents
  • The Requirement to Use the Indonesian Language is Regulated Further
  • BANI Legal Status Up in the Air
  • Brief Introduction to Indonesia’s Job Creation / Omnibus Law