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Gross Split vs Cost Recovery PSCs by Nik Alpa Rinando is a document available to read on EtoBox.
What is Gross Split vs Cost Recovery PSCs about?
This document summarizes key differences between traditional Production Sharing Contracts (PSCs) in Indonesia and the new Gross Split PSC model. Some key points: 1) Traditional PSCs used a cost recovery scheme where production first paid back contractor costs, while Gross Split PSCs do not have a cost recovery mechanism. 2) Gross Split PSCs were introduced in 2017 to improve competitiveness and efficiency in Indonesia
- Author
- Nik Alpa Rinando
- Language
- EN