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New Provisions for the Management of State-Owned Goods within the Upstream Oil-and-Gas Business Sector

The Minister of Finance (“ Minister ”) had decided to update the applicable provisions on the management of upstream oil-and-gas State-Owned Goods (Barang Milik Negara– “ BMN ”) through the issuance of Regulation No. 89/PMK.06/2019 on the Management of State-Owned Goods Originating from the Implementation of Upstream Oil-and-Gas Business Activity Cooperation Contracts (“ Regulation 89/2019 ”).

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