Highest Cost Recovery to Support Production Activities

Energy

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20/10/2016 14:07 WIB

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Highest Cost Recovery to Support Production Activities

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2016 Cost Recovery Allocation

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In 2016, the largest allocation of oil and gas contractor cost recovery funds (49.9 percent, or US$5.8 billion) supported production activities. Nominally, this cost decreased compared to the 2015 realization of US$6.89 billion. Exploration and development activities received 15.6 percent of the allocation.

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