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PENERAPAN KLAUSUL COST RECOVERY DALAM KONTRAK BAGI HASIL PENGELOLAAN MINYAK DAN GAS BUMI ANTARA SKK MIGAS DENGAN PT PERTAMINA EP ZONA 4 PRABUMULIH
This paper discusses the application of cost recovery clause in production sharing contract in oil and natural gas management between SKK Migas and PT. Pertamina EP Zone 4 Prabumulih. That cost recovery is production capital that is prioritized by KKS contractors in the form of a production sharing contract scheme. This research uses normative method with a legal analysis approach to applicable regulations and practices. The formulation of the problems includes: (1) the legal impact of cost recovery clauses in production sharing contract in the oil and gas industry in Indonesia after the enactment of Minister of Energy and Mineral Resources Regulation Number 12 of 2020, (2) the advantages and disadvantages of implementing cost recovery and gross split clauses in production sharing contract, and (3) the application of the good faith principle in the implementation of cost recovery at PT. Pertamina EP Zone 4. The research results show that the implementation of cost recovery has a significant impact on legal certainty and investinent in the oil and gas sector although there are challenges in its implementation. On the other hand, cost recovery production sharing contract offers advantages in terms of risk management, but it also has disadvantages regarding transparency and accountability. The application of the good faith principle has proven important in maintaining relationship between the parties involved and ensuring compliance with legal provisions. It is hoped that this research could contribute to the development of natural resource management policies and practices in Indonesia.
Inventory Code | Barcode | Call Number | Location | Status |
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2507000839 | T165818 | T1658182024 | Central Library (Reference) | Available but not for loan - Not for Loan |
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