(EnergyAsia, April 9 2012, Monday) — As its next step in nationalising the country’s natural resources, the Indonesian government may “ask” to buy over the majority stakes in large mines from foreign owners.Investors in Indonesia’s massive mining and energy sector were caught off-guard when the country’s President signed a decree in late February barring foreign…
INDONESIA: Government may “ask” to take over foreigners’ stakes in mines
Posted on April 9, 2012 by EnergyAsia