The
Jakarta
Post
has
reported
that
Indonesia’s
Constitutional
Court
declared
on
Tuesday
the
existence
of
BPMigas
was
unconstitutional
because
it
degraded
state
control
over
natural
resources.
According
to
the
newspaper,
the
court’s
panel
of
judges
found
the
regulator
did
not
directly
manage
oil
and
gas
assets
but
instead
handed
them
over
to
state
controlled
companies
or
private
companies
through
cooperation
contracts.
The
judges
said
this
resulted
in
limited
access
for
the
state
to
maximise
the
benefits
of
natural
resource
management
for
people’s
welfare,
as
stipulated
in
Article
33
of
the
1945
Consitution,
the…
