UPSTREAM OIL AND GAS BUSINESS, REGIONAL ISSUES AND MULTIPLIER EFFECTS

This executive training provides a practical and strategic understanding of the upstream oil and gas business, with a particular focus on fiscal frameworks, regional issues, and their broader economic impacts.

The course explains the principles behind Indonesia’s Production Sharing Contract (PSC) systems, including Cost Recovery and Gross Split, as well as the mechanisms of government revenue distribution such as DBH Migas, Participating Interest (PI) 10%, and PBB Migas. It also explores how upstream investment contributes to regional economic development through multiplier effects.

The Supervisory Board

The IPA is administered by a board of directors who decide on goals and carry them out. Five association officials and no more than eight other validly chosen company representatives make up the Board of Directors, which is comprised of company representatives. Members of the company vote annually for board members to serve on the association's executive committee for a term of one year. Individuals serving on the board have the opportunity to run for reelection.

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