| Cabotage burden the upstream oil and gas |
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| Monday, 05 April 2010 09:43 | |||||||
Page 1 of 2 JAKARTA: The implementation of cabotage for oil and gas transportation services in the country will be assessed in the short term oil and gas upstream industry weighed heavily associated with the swelling value of insurance for domestic vessels.
Head of Executive Agency for Upstream Oil and Gas R. Priyono explain effectively the implementation plan, which requires the nationalization of cabotage vessels operating in Indonesian territory no later than 2011 still has many obstacles. "The principle of cabotage would be very burdensome to the upstream oil and gas sector because of its ability and capacity of the national shipping industry itself is not ready," he said last week.
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