EWC 5.00% 1.9¢ energy world corporation ltd

Indonesian Foreign Ownership Rules

  1. 129 Posts.
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    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?
 
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