
Publication
Navigating international trade and tariffs
Impacts of evolving trade regulations and compliance risks
On October 2nd, 2018 the National Hydrocarbons Agency (ANH) published Addendum No. 3 to the Terms of Reference (TOR) of the so-called Permanent Competitive Procedure – 2018. Addendum No. 3 orders the temporary suspension of the permanent competitive procedure, including the postulation of areas made to date under Section 3.3 of the Terms of Reference. To see our prior bulletin on the TOR, click here, and to see our bulletin on Addendums Numbers 1 and 2 of the TOR, click here.
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Impacts of evolving trade regulations and compliance risks
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Low carbon projects, especially those involving hydrogen and carbon capture and storage (CCS), play a crucial role in the journey towards global decarbonization.
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As a general remark, Indonesia has not, at the date of preparing this summary, issued any regulation on hydrogen production, distribution and trade. It is expected that the upcoming New and Renewable Energy Law will provide a legal framework for the exploitation and utilisation of various new energy sources, including hydrogen.
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