Kotabaru, South Kalimantan (AntaranewsKalsel) - Members of the Kotabaru Legislative Council (DPRD) were committed to continue to fight to get oil and gas revenue sharing (DBH) from the exploitation Sebuku Block in Larilarian Island, Kotabaru.
Chairman of the DPRD Hj Alfisah said on Sunday a coordination meeting between the governments, West Sulawesi represented by Majene regency government and the government of South Kalimantan represented by Kotabaru, had been conducted in Banjarbaru.
"The main discussion in the meeting ws the follow-up to the previous MoU agreed by all parties that facilitated by vice president some time ago, considering the deadline in the agreement one month stay," said Alfisah.
The provision requires commitment or cooperation agreements involving related parties after the signing of the MoU, which will be the basis in partnership and cooperation with respect to the exploitation of oil and gas in the territory of the Lari-Larian island.
In addition to formulating a cooperation agreement (PKS), the two sides also discussed the involvement certainty of Participating Interest (PI) or equity participation of 10 percent for both regions to not involve local finance (budget or APBD).
The council's commitment in the fight for DBH was also seen in the recommendations to the regents accountability report (LKPJ) who stressed that the follow-up of Lari-larian to be discussed and re-coordinated related to contributions in Sebuku Block.
Some of its insistence is that the government, either Kotabaru district or South Kalimantan Province, to pro-actively fight of revenues from the central government.
Previously reported, the Chairman of Commission II DPRD Kotabaru Syairi Mukhlis disclosed the findings of the data obtained from the working meeting of DPRD South Kalimantan and the province's Revenue Agency, that the composition of ownership share of Mubadala Petroleum are three parties, namely 70 percent of PT Pearl Oil, 15 percent INPEX South Makassar and TOTAL E & P Sebuku controls 15 percent.
The investment value in the management of Sebuku block reached 500 US dollars or about Rp5 trillion at an exchange rate of Rp10,000 per US dollar.
As for potential natural gas reserves of 370 billion cubic feet equivalent, with an estimated daily production of 100 million standard cubic feet.
While the production of 94 barrels of oil condensate per day or 34 310 barrels per year. But very unfortunately, still on the data obtained, the point of drilling in Sebuku beyond 12 miles of shoreline, and thus its management has been the domain of the central government.
It causes some problems with the implementation of expediency of Sebuku Block, which until now Kotabaru district and province have not received funding for the results of the management of oil and gas.
COPYRIGHT © ANTARA News Kalimantan Selatan 2016
Chairman of the DPRD Hj Alfisah said on Sunday a coordination meeting between the governments, West Sulawesi represented by Majene regency government and the government of South Kalimantan represented by Kotabaru, had been conducted in Banjarbaru.
"The main discussion in the meeting ws the follow-up to the previous MoU agreed by all parties that facilitated by vice president some time ago, considering the deadline in the agreement one month stay," said Alfisah.
The provision requires commitment or cooperation agreements involving related parties after the signing of the MoU, which will be the basis in partnership and cooperation with respect to the exploitation of oil and gas in the territory of the Lari-Larian island.
In addition to formulating a cooperation agreement (PKS), the two sides also discussed the involvement certainty of Participating Interest (PI) or equity participation of 10 percent for both regions to not involve local finance (budget or APBD).
The council's commitment in the fight for DBH was also seen in the recommendations to the regents accountability report (LKPJ) who stressed that the follow-up of Lari-larian to be discussed and re-coordinated related to contributions in Sebuku Block.
Some of its insistence is that the government, either Kotabaru district or South Kalimantan Province, to pro-actively fight of revenues from the central government.
Previously reported, the Chairman of Commission II DPRD Kotabaru Syairi Mukhlis disclosed the findings of the data obtained from the working meeting of DPRD South Kalimantan and the province's Revenue Agency, that the composition of ownership share of Mubadala Petroleum are three parties, namely 70 percent of PT Pearl Oil, 15 percent INPEX South Makassar and TOTAL E & P Sebuku controls 15 percent.
The investment value in the management of Sebuku block reached 500 US dollars or about Rp5 trillion at an exchange rate of Rp10,000 per US dollar.
As for potential natural gas reserves of 370 billion cubic feet equivalent, with an estimated daily production of 100 million standard cubic feet.
While the production of 94 barrels of oil condensate per day or 34 310 barrels per year. But very unfortunately, still on the data obtained, the point of drilling in Sebuku beyond 12 miles of shoreline, and thus its management has been the domain of the central government.
It causes some problems with the implementation of expediency of Sebuku Block, which until now Kotabaru district and province have not received funding for the results of the management of oil and gas.
Editor : Imam Hanafi
COPYRIGHT © ANTARA News Kalimantan Selatan 2016