The use of natural gas in Indonesia was increased every year, thus requiring a large level
of production. To overcome this phenomenon, the government issued Government
Regulation Number 6/2018 as a form of efficiency in the Indonesian gas company that
managed by PT Pertamina's subsidiaries namely PT Pertagas and PT PGN Tbk which were
engaged in the same business line. In its development, problems arose related to the
ownership of the golden share which owned by the government. Based on Government
Regulation Number 6/2018, Article 3, even though the golden share was only 1 per cent it
has a bigger control than public shareholders at PT PGN Tbk. This thesis discussed the
issuance of the Government Regulation and PT Pertagas acquisition by PT PGN Tbk. This
legal research used the normative method by reviewed company law regulations, legal
opinions, literature studies, and conducted research and interviews with a representative
from PT Pertagas. The results of this thesis were the issuance of the Government
Regulation made the government has greater control than PT PGN Tbk's public
shareholders, and PT Pertagas acquisition by PT PGN Tbk used the CSPA procedure in
order to realize national gas control, increased effectiveness and innovation in gas
companies in Indonesia