Expertise: Minyak & gas

Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

The Indonesian government has issued a new regulation that will, among other things, provide some tax relief for income from the placement of foreign export proceeds deriving from natural resources into the Indonesian financial system. Government Regulation No. 22 of 2024 (“GR 22/2024”) came into force on May 20, 2024. It amends Government Regulation No. Indonesia Legal Update: Income Tax Relief for Foreign Export Proceeds Deriving from Natural Resources

Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

The President of Indonesia, Joko Widodo, recently enacted Government Regulation No. 36 of 2023 regarding Foreign Exchange Export Proceeds from the Business, Management, and/or Processing of Natural Resources (“GR 36”). GR 36 stipulates new requirements for exporters of natural resources to deposit their foreign exchange export proceeds (Devisa Hasil Ekspor dari Barang Ekspor Sumber Daya Indonesia Natural Resources Sector – New Requirements for Depositing Foreign Exchange Export Proceeds into Indonesian Financial System

Oil and Gas Regulation – Indonesia

International Comparative Legal Guide – Oil & Gas Regulation 2023, published by Global Legal Group. ICLG – Oil & Gas covers common issues in oil and gas laws and regulations, including development of oil and natural gas, import/export of natural gas, LNG, import/export of oil, transportation, transmission and distribution and foreign investment. Download the Indonesia Oil and Gas Regulation – Indonesia

Indonesia: Oil & Gas Comparative Guide

SSEK partner Fitriana Mahiddin and Fadhira Mediana, an associate at the firm, have contributed the Indonesia chapter to the Mondaq Oil and Gas Comparative Guide. Fitriana and Fadhira provide an overview of the regulatory environment for Indonesia\'s oil and gas sector. They cover key topics including exploration and production, surface rights, processing, refining and export, Indonesia: Oil & Gas Comparative Guide

New Regulation in Indonesia Seeks to Strike a Balance in Mineral and Coal Mining Business

The Government of Indonesia has issued a regulation to implement the recent amendments made to the Mining Law. Principally, this new regulation, Government Regulation No. 96 of 2021 regarding the Operation of Mineral and Coal Mining Business (\"GR 96/2021”), enacts a new licensing scheme for mining business activities and overhauls the divestment obligation for foreign New Regulation in Indonesia Seeks to Strike a Balance in Mineral and Coal Mining Business

Oil and Gas Law Review – Indonesia

SSEK partner Fransiscus Rodyanto has contributed the Indonesia Q&A guide to the new edition of The Oil and Gas Law Review, published by Law Business Research. The Oil and Gas Law Review provides a practical overview of the legal and regulatory regimes governing the oil and gas industry in key jurisdictions worldwide. Frans, in his examination Oil and Gas Law Review – Indonesia

Indonesia Oil & Gas Regulation – Import/Export of Natural Gas

Under Indonesian law, cross-border sales of natural gas can only be conducted if (i) the domestic need for natural gas has been fulfilled, (ii) there is insufficient domestic infrastructure, or (iii) domestic purchasing power is insufficient to satisfy the relevant gas field’s economics. Pursuant to Ministry of Energy and Mineral Resources (MEMR) Regulation No. 6 Indonesia Oil & Gas Regulation – Import/Export of Natural Gas

SSEK Partners Lead Seminar on Risk-Based Licensing in Downstream Oil and Gas Sector

SSEK Legal Consultants has cooperated with PT Pertamina, an Indonesian state-owned oil and natural gas corporation, and the Indonesian Ministry of State-Owned Enterprises to offer a virtual seminar on risk-based licensing in the downstream oil and gas sector. The event was titled \"The Implementation of the Job Creation Law on Oil and Gas Activities and SSEK Partners Lead Seminar on Risk-Based Licensing in Downstream Oil and Gas Sector