NOR's Legal Memorandum before Investing in Indonesia DOCX

Title	NOR's Legal Memorandum before Investing in Indonesia
Author	anti prasatya
Pages	6
File Size	21.5 KB
File Type	DOCX
Total Views	35

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Legal Memorandum Jakarta, March, 20th 2015 File No : 01/03/2015 To : NOR Management From : PRACE Law Firm About : Legal Advice Regarding to NOR Investment Plan in Eastern Indonesia in The Field of Gas-Powered Plant Statement of Facts: NOR is a Danish Company, willing to move parts of their operations to Indonesia by ofering integrated services required by the Indonesian government to deal with electricity shortages by building and operating gas-powered power plants in Eastern part of Indonesia. There are two parts of the options that NOR is ofered to Indonesian Government, the frst one is to sell LNG and the second one is to assist the Indonesian Government to build gas powered power plants, to convert existing fuel-powered power plants to gas- powered in Eastern Indonesia. NOR is selling LNG from Mid-East during frst year of their operations (starts June 2015) to Indonesian Government (PLN, LNG, and Pertamina) through NOR's subsidiary named EGS (NOR's provider of parts). The global price of gas is now cheaper than the domestic price. NOR wants to assist the Indonesian Government to build gas- powered power plants and to convert existing fuel-powered power plants in Eastern Indonesia into gas-powered, by assigning to BEW (NOR's subsidiary based in UK, an experienced EPC contractor). 1...