ESDM: It's Just Continuing Agreement Operations Grasberg Mining Complex
ESDM: It's Just Continuing Agreement Operations Grasberg Mining Complex
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JAKARTA - Seen already being debated that tend to stray, the Ministry of Energy and Mineral Resources (ESDM) provide clarifications related statements of PT Freeport Indonesia contract extension. This responds to the polemic caused by the Ministry of Energy and Mineral Resources press release dated October 9, 2015 previously No. 61 / SJI / 2015 of PT Freeport Indonesia and the Government of Indonesia Agree Continuing Operations Grasberg mining complex.
Task Executor (Plt) Head of Public Communication Ministry of Energy and Mineral Resources Hufron revealed that a deal is a continuation of operations between Freeport and the Indonesian government is agreement to maintain the continuity of mining operations, including setting up an investment because Freeport steps still have a Contract of Work (CoW) applicable until 2021.
"Agreeing on the continued operation of the Grasberg mining complex post-2021 is not the same as the extension of the contract of work," he said in a written statement received Sindonews in Jakarta, Saturday (12/12/2015).
He asserted in accordance with Government Regulation (PP) No. 77 of 2014, a new work contract holder may submit a request for renewal within two years before the contract expires. While the letter of the Minister of Energy and Mineral Resources, Sudirman Said to Freeport McMoRan boss, Jim Bob Moffett on October 7, 2015 is the solution taken by the government to the Freeport continue preparatory investment.
"Guarantee the continuation of the investment is reasonable given to investors, especially if we consider the importance of attracting outside investors who have not invested. Maintaining continuity of investment anyone who was in Indonesia to be a positive signal to be able to attract new investors," he said.
Task Executor (Plt) Head of Public Communication Ministry of Energy and Mineral Resources Hufron revealed that a deal is a continuation of operations between Freeport and the Indonesian government is agreement to maintain the continuity of mining operations, including setting up an investment because Freeport steps still have a Contract of Work (CoW) applicable until 2021.
"Agreeing on the continued operation of the Grasberg mining complex post-2021 is not the same as the extension of the contract of work," he said in a written statement received Sindonews in Jakarta, Saturday (12/12/2015).
He asserted in accordance with Government Regulation (PP) No. 77 of 2014, a new work contract holder may submit a request for renewal within two years before the contract expires. While the letter of the Minister of Energy and Mineral Resources, Sudirman Said to Freeport McMoRan boss, Jim Bob Moffett on October 7, 2015 is the solution taken by the government to the Freeport continue preparatory investment.
"Guarantee the continuation of the investment is reasonable given to investors, especially if we consider the importance of attracting outside investors who have not invested. Maintaining continuity of investment anyone who was in Indonesia to be a positive signal to be able to attract new investors," he said.
(rnz)
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