Out of the supposed USD 55.5 million dividend, local government only received USD 7.382 million
Minister of Energy and Mineral Resources Regulation No. 5 of 2012 on Guidelines to Determine and Offer Unconventional Oil and Gas Work Areas (“Regulation”) was issued to implement Article 4 of Government Regulation No. 35 of 2004 on Upstream Oil and Gas Business Activities, as amended by Government Regulation No....