SIGNING OF CONTRACTS FOR THE RESULTS OF THE BARGES AND EAST SEPINGGAN

Vice Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar (second left), Director General of Migas Djoko Studentnto (left) and Head SKK Migas Dwi Sucipto (second right) witnessed the signing of the contract for the results of the Working Area (WK) East Sepinggan in KESDM Office, Jakarta, Tuesday (11/12/2018). The contract for the results of WK Sengkang will apply to 20 years with the investment value of the implementation of the Procurement Work Commitment (KKP) of the first five years is estimated by 88 million US Dollar and a signature bonus of 12 million US Dollar while WK East Sepinggan is the first ‘cost recovery’ scheme contract that turns into a split’ scheme contract in the framework of the effectiveness of the WK East Sepinggan development. ANTARA PHOTO/Packaging Reviyanto/foc.

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