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KPC Wins PNBP Award from the Minister of Finance (Statement of the Minister of Finance to EITI)

TRIBUNKALTIM.CO, SANGATTA – PT Kaltim Prima Coal (KPC) was again crowned as a mining company paying royalties or the biggest contributor of Non-Tax State Revenues (PNBP) in 2017. The award was given directly by Keungan Minister Sri Mulyani Indrawati and was received by the Chief Operating Officer (COO) of KPC Ashok Mitra on Thursday (30/11/2017), in the Dhanapala Building, Indonesian Ministry of Finance Office. The largest number of PNBP (royalty) payers has been received by KPC in the last two years, since the awarding of an award from the Indonesian Ministry of Finance. “We know from Indonesia’s EITI (Extractive Industries ... Read More »

Monitor Oil and Gas Companies and Coal (Hatta Statement, Coordinating Minister for Economic Affairs)

Jakarta – The government cooperates with former Deputy Chairman of the Corruption Eradication Commission (KPK) Erry Riyana Hardjapamekas in the Extractive Industry Transparency Initiative (EITI) project. “The chairman of the steering committee, I am the Chair of the Formation Team Erry Riyana Hardjapamekas. This will be coordinated under the Coordinating Minister for the Economy,” said Coordinating Minister for Economy Hatta Rajasa when met at his office, Jalan Lapangan Banteng, Jakarta, Wednesday (01/26/2011). Hatta explained that EITI is an independent institution consisting of government, NGOs, and parties related to extractive industries. This institution is tasked with based on the Presidential Regulation ... Read More »

Having EITI, the government believes that it can prevent lost revenue potential (Statement of the Secretary of Coordinating Minister)

Merdeka.com – The government launched the annual Transparency Initiative in Extractive Industries (EITI) report. This launch was an attempt by the government to uphold the principle of transparency in the oil and gas and mineral and coal sectors. The launch of the 4th report (2014 reporting year) on state revenues from the two sectors supporting the national economy was carried out in the Graha Sawala Room, the Complex of the Coordinating Ministry for Economic Affairs, Banteng Field, Jakarta. “With the issuance of the EITI Report, it is expected to support the transparency of state revenues paid by companies so as ... Read More »

Statement of KPK (Deputy Chairperson, Laode M Syarif) in BO Conference

Jakarta – Deputy Chairperson of the KPK Laode M Syarif said that many of the mines were unknown. They owe the state Rp. 23 trillion for not paying taxes. Laode explained that about 24 percent of mining companies are not known who owns it. These anonymous companies also never pay taxes and are expected to cost the country up to Rp. 23 trillion. “About 24 percent of the mining companies do not have a tax file number. They have debts to the state of around Rp 23 trillion and we do not know at all who owns these companies,” Laode ... Read More »

Statement Pak Jonan (Ministry of ESDM) about Permit OG Company and EITI

The Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan will refuse permission for the activities of oil and gas contractors (oil and gas) that do not include beneficial ownership names. This effort is made so that the oil and gas sector is more transparent and prevents corruption. According to Jonan, oil and gas companies must include the name of the owner if they request permission for activities. “It is not easy to eradicate corruption, but we still do not give permission if beneficial ownership is not clear,” he said in Jakarta, Monday (23/10). ….. The ownership data disclosure in ... Read More »

EITI Accepted in ASEAN Mineral Cooperation “Ministry for Economic Affairs”

The ASEAN Ministerial Meeting on Minerals (AMMin) meeting held in Hanoi, Vietnam, December 9, 2011 ratified the ASEAN Mineral Cooperation Action Plan (AMCAP) 2011-2015: Dynamic ASEAN Sector Sector Initiative for Prosperous. The new AMCAP is an action plan for implementing mineral cooperation in the ASEAN region. Until the next five years. In a meeting led by H.E. Nguyen Minh Quang, Minister of Natural Resources and Environment of Vietnam, ASEAN State Minerals Ministers as acclamist received a proposal from Indonesia to hold a series of capacity building activities on the Extractive Industries Transparency Initiative (EITI) in ASEAN as part of the ... Read More »

Transparency of Oil and Gas Corporation Beneficiaries Starting in 2020 “Deputy of Menko Statement”

Jakarta, CNN Indonesia – The government is demanding oil and gas (mineral and gas) and mineral and coal (mineral) corporations to open information about beneficial owners of corporations (BO) for extractive industries in Indonesia in 2020. Previously, the openness of the oil and gas and mineral oil sector BO was a condition to meet the Extractive Industries Transparency Initiative (EITI) Standard where Indonesia was one of the implementing countries of EITI along with 50 other countries. “In accordance with the EITI Standard, by 2020, all implementing countries of EITI, including Indonesia, must be able to open data on the names, ... Read More »