The Indonesian Mining & Energy Forum (IMEF) assesses that the\nplan by the Minister of Energy and Mineral Resources (ESDM), Bahlil\nLahadalia, to apply the oil and gas (migas) revenue-sharing scheme to\nthe mineral and coal mining (minerba) industry aims to increase state\nrevenues.<\/p>\n
IMEF Chairman Singgih Widagdo stated that the government is likely\nseeking ways to enlarge state income amid the current financial\nsituation. However, he cautioned that the policy should not be\nimplemented hastily.<\/p>\n
\u201cI see the government\u2019s aim more as enlarging state income, amid the\ncurrent financial conditions. But in the current global economic\nsituation, it should not be rushed,\u201d said Singgih to CNBC Indonesia on\nThursday (7\/5\/2026).<\/p>\n
According to him, the minerba sector has different characteristics\nfrom the migas industry, both in terms of commodities and business\npatterns. Therefore, applying a similar scheme is deemed necessary to be\nstudied in depth to avoid impacting the investment climate.<\/p>\n
He also highlighted the many mining business permits scattered from\nIPR to IUPK. This condition is seen as making supervision more complex\nif a scheme like cost recovery is applied in the minerba sector.<\/p>\n
\u201cUnlike oil players, in minerba permits are held from small levels\neven IPR to IUPK. If equated with oil, especially with cost recovery,\nhow to supervise with 946 actors, this is just for coal, not yet\nminerals,\u201d he said.<\/p>\n
He then reminded that Indonesia is not the owner of the world\u2019s\nlargest minerba resources, so regulatory certainty becomes an important\nfactor for new investors. According to him, business actors will still\ncompare Indonesia\u2019s investment attractiveness with other countries.<\/p>\n
\u201cWe are not the owner of the world\u2019s largest resources for minerba\neither, so for this kind of investor certainty (new) they need to\ncompare with other countries. It could become a boomerang and not just\nlook at the policy draft details first,\u201d said Singgih.<\/p>\n
Previously, Bahlil explained that the government wants to ensure that\nboth old and new mines can provide maximum contribution to state income.\nOne approach being considered is adopting the cooperation pattern like\nin the migas sector.<\/p>\n
In the migas sector, there is at least a cost recovery and gross\nsplit scheme used in cooperation contracts between the government and\nprivate parties. This model is seen as a reference to be applied in the\nminerba sector.<\/p>\n
\u201cAnd we will use examples like the revenue sharing from our migas\nmanagement. Our migas has cost recovery, gross split, perhaps those\npatterns that we will try to exercise to build cooperation with private\nparties,\u201d he said.<\/p>\n
Nevertheless, Bahlil emphasised that the concession scheme will not\nbe eliminated. The government will still maintain that system, but with\nadjustments so that the state\u2019s revenue portion can be larger and more\nbalanced.<\/p>\n
\u201cStill concession, but we will optimise for income to be balanced\nwith the state, and the state should get a larger portion,\u201d said\nBahlil.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bahlil-wants-to-change-mining-revenue-sharing-scheme-business-owners-dont-rush-1778148888", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }