According to the BP Migas chief R Priyono, is due to the removal of ExxonMobil can not meet the commitment to accelerate production in Cepu Block.
"The letter was sent to Exxon last week. It is doubtful that we provide because they have retreated from a commitment," said Priyono through a hearing with Commission VII, at the Parliament Building, Senayan, Jakarta, Tuesday (1/12/2009 ).
According to him, before MCL get DMO holiday incentive to delay production at the peak of 165,000 bpd. The delay was granted because the MCL asked the government to speed up production on the field before Banyu Urip from 2010 to December 2008.
But because the target is too late to be accelerated in August 2009, then lifted the stay of BP Migas the DMO holiday.
"So DMO holiday was in effect since August 2009," said Priyono.
DMO holiday provisions are included in production sharing contracts between the government and contractor cooperation contract (KKKS). In that provision, given the right KKKS get holiday or exemption DMO deposit liabilities to market their products in the country for 60 months.
In accordance with the rules of the DMO, KKKS shall deposit 25% of oil production a part of the domestic market at a price of only 25% of the ICP.
