The Implementing of Participating Interest through Local Owned Enterprises in Sampang – Indonesia

Yulianingsih, Indra and Fauzan, Encik Muhammad and Harimurti, Yudi and Azizah, Azizah (2020) The Implementing of Participating Interest through Local Owned Enterprises in Sampang – Indonesia. In: ICETLAWBE 2020, 26 September 2020, Bandar Lampung, Indonesia.

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Abstract

Indonesian Government grants participating interest (PI) toward local government in capitalizing oil and gas exploitation, where areas have oil and gas exploitation blocks. The PI is set by the central government at 10%. This research examines what is the form and regulation of the local government in participating interest in participating?. This research is a doctrinal legal research which has the aim of knowing the implementation of participating interest in Sampang Regency. Sampang Regency was used as the research location because it has oil and gas blocks in the waters of Sampang Regency. The results of this study indicate that participating interest in Sampang Regency is carried out by local owned enterprises, namely limited liability company of Geliat Sampang Mandiri (GSM Ltd). This company was formed through the Sampang Regency Local Laws Number 9 Year 2019. This laws for taking part in its participating interest.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: participating interest local owned enterprise gsm ltd
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 09 Apr 2021 12:39
Last Modified: 09 Apr 2021 12:39
URI: https://eprints.eudl.eu/id/eprint/2487

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