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.
Reference this Research Paper (copy & paste below code):
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
