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Journal : Journal of Social Science

Legal Vacuums in the Management of State Assets from Upstream Oil and Gas Cooperation Contracts Sumartono, Sumartono; Santiago, Faisal
Journal of Social Science Vol. 5 No. 6 (2024): Journal of Social Science
Publisher : Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/jss.v5i6.949

Abstract

This research examines legal vacuums in the management of state assets derived from Cooperation Contracts (KKKS) in the upstream oil and gas sector in Indonesia. Despite a legal framework established by Law No. 22 of 2001 and Government Regulation No. 35 of 2004, field practices reveal discrepancies between regulations and implementation, leading to difficulties in the recording and reporting of assets, as well as the determination of depreciation values and operational costs. The impact of this legal vacuum not only affects state revenue and transparency but also has significant social and economic implications. Through case study analysis, this research suggests improvements to existing regulations, capacity building for KKKS, and strengthening oversight mechanisms to optimize the management of state assets in the upstream oil and gas sector.
Co-Authors Abdul Kadir Achmad, Suparji Agus Supriyanto Ahmad Redi, Ahmad Ahmad Sahroni, Ahmad Alfiani, Francisca Romana Nanik Aljawi, Muhammad Farid Ardiansyah, M. Filusi Ariany, Erry Arief Fakrulloh, Zudan Azis, Miftakul Bagus, Sujoko Bakir, Herman BAMBANG SUJATMIKO Barthos, Megawati Basri, Herlina Briando, Bobby Budianto, Azis Christianty, Eva Nurlaelisa Daniel Balubun, Daud Darmawan, Andri Effendy, D. Andry Endriyana, Riza Enny Kristiani Fahrur Rozi, Agus Fathiyah, Shofa Fathony, Muhammad Fernando, Agung Fonda, Hanif Franata, Hugo S Guspitawaty, Elita Gusti Gede Maha Andika Jaya, I Gustryan, Muhammad Hamdi, Muhammad Arief Hedwin Hanggara, Lalu Hermawan, Didy Irawanto Israhadi, Evita Isretno Isretno Israhadi, Evita Iwansyah, Iwansyah Jasi, Askolani Lutrianto A., Indra M. Zahlan, M. Zahlan Mahmuddin Mahmuddin Marquez, Neilpon Yulinar Marwa, Muhammad Soffa Muhamad Rizki Muhidin Muhidin Nasution, Adhitya Anugrah Nasution, Izhar Zahri Noval, Cepi Nugroho Marsudianto, Dwi Palar, Hari Pasaribu, Fajar Ronal Harry Priyanto, Bambang Budi Puja Laksana, Andik Rika Santina Rizalni Kurniawan, Aan Ryandra, Reza S Franata, Hugo Sabungan Sibarani, Sabungan Saka, Risti Salamony, Jetter Wilson Samiyono, Sugeng Sapan, Heber Hombang Sari, Amalia Sarwono, Aditya Pratama Satoto, Endro Setiawan, Dwi Nur Setyawati, Niken Budi Sholih, Muhammad Abdurohman Sirot, Sirot Soedirjo, Achmad Taufan Sri Inggriani, Sri Sudibyo, Andin Wisnu Sudradjat, Mohamad Adya Laksmana Sugiarto S Sulkiah Hendrawati Sumartono Sumartono Suparno Suparno Supriyanto Supriyanto Susanto, Robertus Hadi Syahputra, M Arif Taufan Soedirjo, Achmad Trihastuti S., Tuti Utami, Widya Wahyu Wijaya, Armen Wiraguna, Sidi Ahyar Wulandari, Evita Vibriana Yanto, Sapta Eka Yudhistira, Dhieno Yudianto, Bambang Yusuf, Hudi Yuswanti, Adillah Yuwono, M. Sunandar Zakaria, Taufan Zudan Arif Fakrulloh Zuwanda, Rifka