The Government of Indonesia has been working on revising the regulation on mineral and coal mining business so as to address matters concerning soon-to-be-expired coal contract of work (PKP2B). Indonesia’s Ministry of Energy and Mineral Resources (ESDM) recently told the press that the revised regulation has passed the stage of harmonization (cross-checking with existing laws and regulations). The draft has been forwarded to the State Secretary, after which it will go to President Joko Widodo for signing.
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