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Indonesian Foreign Ownership Rules

  1. risque
    129 Posts.
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    07/10/14
    11:09
    Post #: 14084771
    I notice that since April 2014, Indonesian foreign ownership rules for energy, oil and gas projects has changed. With the electrical power installation services now closed to foreign investment. Likewise Land drilling services and oil and gas support services.

    How does this affect EWC's Indonesian power station and LNG plant. Does this mean at the end of 2022, EWC has to off sell these assets to a local?
    EWC Price at posting: 36.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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