The Indonesian oil and gas sector has been undergoing a major revamp of its legal and administrative structure with consequent uncertainties abounding for both established and prospective international and domestic investors alike.Herer,David Vance,of Skadden,Alps,Slate,Meagher & Flom International,reviews the country's new Oil & Gas Law and highlights issues of concern to those holding assets and concessions and any wishing to take the plunge in an evolving investment climate.
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