COST RECOVERY ANALYSIS IN PRODUCTION SHARING CONTRACT INUPSTREAM OIL AND GAS INDUSTRY (STUDY ON GAS UPSTREAMINDUSTRIES INDONESIA)

COST RECOVERY ANALYSIS IN PRODUCTION SHARING CONTRACT INUPSTREAM OIL AND GAS INDUSTRY (STUDY ON GAS UPSTREAMINDUSTRIES INDONESIA)

Cost Recovery, Production Sharing Contract, Oil & Gas Industry

This study aims to: 1) analyze empirically and test th e effect of cost recovery in the Production Sharing Co n trac t (O il and Gas Production Sharing). 2) empirically analyze and test th e effect of cost recovery in the upstream Oil and Ga s In d us try o n State Revenues.The unit of analysis of this research is the upstream oil and gas industry managed by the Indonesian government with a Production Sharing Contract syste m w ith 4 4 companies or contract operator cooperatives.The population includes those who work as operators of cooperation contract contractors and SKK MIGAS with 62 manager levels, 51 professionals and 18 university researchers. And the resea rche rs also used secondary data in SKK MIGAS in the 1984-20019 period.This research uses a qualitative approach, and the analysis of the data used is descriptive analysis, because the data analy s is is done not to accept or reject hypotheses, but in the form of descriptions of observed symptoms, which are not always in th e form of numbers or coefficients between variables . However, the emphasis is not on hypothesis testing, but on e ffo rts to a n s we r research questions through formal and argumentative way s.Th e results of the study indicate that there is a rela tio n b e twe en th e Cost Recovery component and the terminology in the Productio n Sharing Contract in the Upstream Oil and Gas Industry in Indonesia . By placing the right cost post on cost recovery will be able to reduce production costs from the Coop era tion Con trac t Contractor (KKKS)

Kasman Arifin1, Dina Hidayat2

https://dinastipub.org/DIJEFA/article/view/356/460

Universitas Islam Riau, Pekanbaru

3 February 2021

dinahidayat@eco.uir.ac.id

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