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CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 6 Months Ended | 12 Months Ended
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Jun. 30, 2021 | Dec. 31, 2020
Cash and Cash Equivalents [Abstract] |  |
CASH, CASH EQUIVALENTS AND RESTRICTED CASH | NOTE 3 – CASH, CASH EQUIVALENTS AND RESTRICTED CASH The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows: SCHEDULE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH
|  | June 30, 2021 |  |  | December 31, 2020 |
|  |  | (Unaudited) |  |  |  |  |
Cash and cash equivalent |  | $ | 4,067,987 |  |  | $ | 6,903,499 |
Restricted cash-current |  |  | 2,500,000 |  |  |  | 2,500,000 |
Restricted cash-non current |  |  |  |  |  |  |  |
Total Cash and cash equivalent and Restricted cash |  | $ | 6,567,987 |  |  | $ | 9,403,499 |
As of June 30, 2021 and December 31, 2020, the restricted cash-current was comprised of (i) cash held in a special account as collateral against a bank loan with amount equal to $1,000,000 and $1,000,000 respectively, and (ii) cash held in a time deposit account at Bank Mandiri’s Jakarta Cut Mutia Branch with amount equal to $1,500,000 and $1,500,000, respectively (such restricted cash is used as collateral for the issuance of a bank guarantee related to the implementation of the Company’s contractual commitments for Citarum Block). | NOTE 3 – CASH, CASH EQUIVALENTS AND RESTRICTED CASH The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows: SCHEDULE OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH
|  | 2020 |  |  | 2019 |
|  | As of December 31, |
|  | 2020 |  |  | 2019 |
Cash and cash equivalent |  | $ | 6,903,499 |  |  | $ | 12,241,339 |
Restricted cash-current |  |  | 2,500,000 |  |  |  | 2,064,130 |
Restricted cash-non current |  |  | - |  |  |  | 1,766,700 |
Total Cash and cash equivalent and Restricted cash |  | $ | 9,403,499 |  |  | $ | 16,072,169 |
As of December 31, 2020 and 2019, the restricted cash -current related to (i) cash held in a special account as collateral against a bank loan with amount to $1,000,000 and $2,000,000 respectively, (ii) cash held by Restricted Cash in Bank Time Deposit for Cutting Mutia is $1,500,000 and nil, respectively.

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- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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