Monday, January 7, 2013

SK Gas Not Renew Contract of President ExxonMobil

Headline - Implementing Unit The Upstream Oil and Gas (SK Gas) has never done the dismissal of the President and General Manager of ExxonMobil Indonesia, Richard J. Owen.
 
"There was never any removal or dismissal of the President and General Manager of ExxonMobil Indonesia. What happens is that the government in this case SK Gas not extend the working President and General Manager of ExxonMobil Indonesia, which is going to expire, "said Head of Public Relations, Security and Formality SKMIGAS Hadi Prasetyo, Monday, January 7, 2013.
 
He insists that is not extended or extension of tenure of the President or General Manager in Production Sharing Contract is the absolute right of the Government which must also be respected by the Production Sharing Contract as a business partner SK Gas.
 
"Thus it is understood there is never a dismissal, and it is not right to worry about the investment climate in the oil and gas sector in Indonesia because of the provisions concerning the authority of the working period is very understandable and understood by the Production Sharing Contract has been for a long time," he said.
 
A few days later the news emerged that states President and General Manager of ExxonMobil Oil Indonesia was dismissed by decree. Consequently, there is speculation in the news related to the dismissal was selling oil and gas blocks in Aceh, which is still managed by ExxonMobil Indonesia.
 
Hadi Prasetyo believes public will understand the decision not to extension of tenure of President and General Manager of ExxonMobil Oil Indonesia as a manifestation of the sovereignty of the State in this case carried out by the Government through the SK Gas.
 
"We expect this situation to become clear again with the explanation that all stakeholders, all stakeholders in the upstream oil and gas are able to keep the investment climate has been very good this we can keep getting better in the future," he said .
Sources: http://bisnis.news.viva.co.id/news/read/380127

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