Proceedings of The International Conference on Environmental and Technology of Law, Business and Education on Post Covid 19, ICETLAWBE 2020, 26 September 2020, Bandar Lampung, Indonesia

Research Article

The Best of the Gross Split in Oil and Gas Production Sharing According to Indonesian Law

Download658 downloads
  • @INPROCEEDINGS{10.4108/eai.26-9-2020.2302511,
        author={Suherman  Suherman and Syafira G Rahayu},
        title={The Best of the Gross Split in Oil and Gas Production Sharing  According to Indonesian Law},
        proceedings={Proceedings of The International Conference on Environmental and Technology of Law, Business and Education on Post Covid 19, ICETLAWBE 2020, 26 September 2020, Bandar Lampung, Indonesia},
        publisher={EAI},
        proceedings_a={ICETLAWBE},
        year={2020},
        month={12},
        keywords={oil and gas regulation revenue sharing gross split},
        doi={10.4108/eai.26-9-2020.2302511}
    }
    
  • Suherman Suherman
    Syafira G Rahayu
    Year: 2020
    The Best of the Gross Split in Oil and Gas Production Sharing According to Indonesian Law
    ICETLAWBE
    EAI
    DOI: 10.4108/eai.26-9-2020.2302511
Suherman Suherman1,*, Syafira G Rahayu1
  • 1: Faculty of Law UPN Veteran Jakarta
*Contact email: uherman_upn@yahoo.com

Abstract

The oil and natural gas sector is a vital natural resource controlled by the state as mandated in Article 33 paragraph 3 of the 1945 Constitution. Thus, the State as the holder of authority over oil and gas resources can provide power to the private sector or contractor for oil and gas management cooperation. Through the gross split of revenue sharing from oil and gas production, it is expected to benefit the country so that prosperity is achieved for all the people of Indonesia. This type of research is normative-empirical. The specific target to be achieved is to find out the best of the gross split in oil and gas production sharing in Indonesia.