Indonesia - 06

Indonesia: SKK Migas’ PSC Terminations: Opportunities for IOCs

On 22 December SKK Migas announced that 53 PSCs are in the process of being terminated. Though reported on at the time, the government response was muted, and has been since. Horizon waited to report on this development because the numbers and profiles of the PSCs slated for termination varied greatly; data between different press accounts, and even within some accounts, was contradictory or lacking. Horizon finally obtained the official numbers and details regarding the PSCs that SKK Migas holds to be in good standing, and those it will shut down.

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