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Top LAW OF THE REPUBLIC OF INDONESIA NUMBER 22 OF 2001 Shell Oil Indonesia shell oil indonesia Law of The Republic of Indonesia Number 22 of 200 1 Article 3 The purpose of Oil and Gas business activities shall be to a Assure effective implementation and control of Exploration and Exploitation business activities in useful efficient and highly competitive and sustainable manner of the strategic and non renewable Oil and Gas shell oil indonesia INDONESIAN FREIGHT FORWARDER REDUCES CYLINDER OIL FEED reduce and optimise cylinder oil consumption COMPANY PT Salam Pacific Indonesia Line APPLICATION Main engines VESSEL Container ship KEY EDGE Shell Lube Monitor Shell Alexia 50 INDONESIAN FREIGHT FORWARDER REDUCES CYLINDER OIL FEED RATE USING SHELL LUBEMONITOR Shell Marine REDUCED OIL FEED RATE SAVES THE COMPANY ABOUT A YEAR LAW OF THE REPUBLIC OF INDONESIA NUMBER 22 OF 2001 Law of The Republic of Indonesia Number 22 of 200 1 Article 3 The purpose of Oil and Gas business activities shall be to a Assure effective implementation and control of Exploration and Exploitation business activities in useful efficient and highly competitive and sustainable manner of the strategic and non renewable Oil and Gas Oil and Gas in Indonesia Oil and Gas in Indonesia Investment and Taxation Guide 11 Many readers may argue that the most critical barrier to Indonesia s oil and gas investment is the regulatory hurdles and bureaucratic processes associated with the approval of expenditure Oil and Gas in Indonesia PwC Oil and Gas in Indonesia Investment and Taxation Guide 5 1 1 Introduction The landscape of the oil and gas industry both in Indonesia and globally has experienced dramatic volatility in recent years From its peak in mid 2008 US 145 per barrel the oil price collapsed by more than 70 and ended

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