medcom.id, Jakarta: Mining observer from Indonesia Resources Studies (IRESS) Marwan Batubara assessed the government has three options related to the working contract of PT Freeport Indonesia.
The first option is that the Indonesian government could compromise with PT Freeport Indonesia an extend the working contract. However, the government should take initiative on determining the requirements.
"We could extend the contract, with the future terms of the majority shares of the company is to be owned by the Indonesian Government," mentioned Marwan in a discussion titled "Special Committee/Draft of Freeport and the Scandal of Natural Resources Ownerships by Foreigners" at Warung Komando, Jalan Dr. Saharjo No. 1, Tebet, South Jakarta, Sunday (12/20/15).
The second option is the nationalization of the company assets. However, according to Marwan, the option is very risky for the time being, as in the process, the Indonesian government has to replace the entire company's assets.
"Nationalization does not mean we took all the Freeport's assets, but on the other side we have to substitute the Freeport's assets, as it reached US$500 billion or multiple times of the state budget," mentioned Marwan.
The third option is to let the Freeport contract ends at 2021. The option is the most feasible for the government. "Just let the contract ends, don't discuss any extensions," concluded Marwan.
Cek Berita dan Artikel yang lain di Google News
