Teams › Chevron case may hurt investments: Official â?? Jakarta Post Team
Chevron case may hurt investments: Official â?? Jakarta Post Team
The ongoing investigation over alleged fraudulent practices within energy giant Chevronâs environmental remediation project in Riau province may harm the investment climate in the Indonesiaâs oil and gas sector, a top official has said.
Upstream oil and gas regulator BPMigas chief R. Priyono said on Wednesday that the supervisory body had been concerned that the case development would make oil and gas investors âthink twiceâ before signing production sharing contracts (PSCs) in the sector.
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