Analysis on the Proportion of Oil and Gas Profit Sharing Under the Cost Recovery PSC and Gross Split PSC Schemes

IJSRP, Volume 11, Issue 12, December 2021 Edition [ISSN 2250-3153]

Analysis on the Proportion of Oil and Gas Profit Sharing Under the Cost Recovery PSC and Gross Split PSC Schemes

Naufal Fauzan Katiandago, Ning Rahayu

Abstract: Since 2017, Indonesian upstream oil and gas business is managed using the Gross Split PSC scheme to replace the old scheme, namely Cost Recovery PSC. The reason behind this is because the amount of cost recovery exceeds the total profit sharing from state oil and gas revenues.

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Naufal Fauzan Katiandago, Ning Rahayu (2021); Analysis on the Proportion of Oil and Gas Profit Sharing Under the Cost Recovery PSC and Gross Split PSC Schemes; International Journal of Scientific and Research Publications (IJSRP) 11(12) (ISSN: 2250-3153), DOI: http://dx.doi.org/10.29322/IJSRP.11.12.2021.p12075