Research Article
The Implementing of Participating Interest through Local Owned Enterprises in Sampang – Indonesia
@INPROCEEDINGS{10.4108/eai.26-9-2020.2302711, author={Indra Yulianingsih and Encik Muhammad Fauzan and Yudi Harimurti and Azizah Azizah}, title={The Implementing of Participating Interest through Local Owned Enterprises in Sampang -- Indonesia }, proceedings={Proceedings of The International Conference on Environmental and Technology of Law, Business and Education on Post Covid 19, ICETLAWBE 2020, 26 September 2020, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICETLAWBE}, year={2020}, month={12}, keywords={participating interest local owned enterprise gsm ltd}, doi={10.4108/eai.26-9-2020.2302711} }- Indra Yulianingsih
Encik Muhammad Fauzan
Yudi Harimurti
Azizah Azizah
Year: 2020
The Implementing of Participating Interest through Local Owned Enterprises in Sampang – Indonesia
ICETLAWBE
EAI
DOI: 10.4108/eai.26-9-2020.2302711
Abstract
Indonesian Government grants participating interest (PI) toward local government in capitalizing oil and gas exploitation, where areas have oil and gas exploitation blocks. The PI is set by the central government at 10%. This research examines what is the form and regulation of the local government in participating interest in participating?. This research is a doctrinal legal research which has the aim of knowing the implementation of participating interest in Sampang Regency. Sampang Regency was used as the research location because it has oil and gas blocks in the waters of Sampang Regency. The results of this study indicate that participating interest in Sampang Regency is carried out by local owned enterprises, namely limited liability company of Geliat Sampang Mandiri (GSM Ltd). This company was formed through the Sampang Regency Local Laws Number 9 Year 2019. This laws for taking part in its participating interest.
