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Papua is said to get 10 percent of Freeport share

News Desk by News Desk
9 October 2017
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Papua is said to get 10 percent of Freeport share

Papua Governor and ESDM Minister (both at the centre) in Jakarta recently - CNN Indonesia/Istimewa

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Papua Governor and ESDM Minister (both at the centre) in Jakarta recently – CNN Indonesia/Istimewa

Jayapura, Jubi – Papua finally gained 10 percent of Freeport Indonesia share after the Indonesian ESDM minister held a meeting with Governor Lukas Enembe.

This was disclosed by the Special Staff of the Minister of Energy and Mineral Resources (ESDM), Hadi M. Jurait. He said the agreement was taken after Lukas Enembe met with Minister of Energy and Mineral Resources Iganasius Jonan on Saturday (September 7) in Jakarta.

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Besides Lukas Enembe, this meeting was also attended by Deputy Minister of Energy and Mineral Resources Arcandra Tahar and Puncak Jaya Regent Willem Wandik.

“Papua will get a 10 percent of the shares, divided with Puncak Jaya and Mimika regencies, and indigenous peoples,” Hadi said, cited by CNN Indonesia.

While Lukas Enembe said the Government of Papua Province has one language with the Central Government related to the ownership of shares of PT. Freeport. He also asserted that the Papua Government at both the provincial and district levels associated with Freeport strongly supports the central government’s actions and policies.

“The government of Papua also encourages negotiations to be proceeding well and produces the best decisions for the people of Papua and Indonesia,” explained Lukas Enembe.

 

Special Staff of Minister of Energy and Mineral Resources, Hadi M. Djurait to CNN Indonesia, said Freeport actually does not mind the divestment but more on the issue of formula, mechanisms to price. With the meeting, the ESDM Ministry will be involved in a detailed discussion of the divestment formula.

Previously, the Ministry of Energy and Mineral Resources (ESDM) said it has delegated the affairs of PT Freeport Indonesia divestment to the Ministry of State-Owned Enterprises (SOEs).

Minister of ESDM Ignasius Jonan said the devolvement of divestment affairs to the Ministry of SOEs is in accordance with the wishes of President Joko Widodo.(*)

 

Reporter: Victor Mambor

Editor: Zely Ariane

Tags: Freeport IndonesiaPapua share
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