Indonesia Oil and Gas Report Q2 2015

Business Monitor International
February 25, 2015
200 Pages - SKU: BMI5475683
Countries covered: Indonesia

Indonesia Oil and Gas Report Q2 2015

BMI View: We have upgraded our consumption forecasts based on expectations that the election of reformmindedJoko 'Jokowi' Widodo as president would have a positive impact on Indonesia's businessenvironment - which has hitherto limited the country from maximising its below-ground potential - and itseconomy. A weaker oil price environment will also stimulate consumption despite subsidy cuts. Ourforecasts could surprise to the upside if Jokowi is more successful than expected in battling entrenchedinterests in the oil and gas industry to revamp its operating environment.

The main trends and developments we highlight for Indonesia's oil and gas sector are:

Without large projects to provide new crude oil output, crude oil production is expected to fall over ourforecast period from 2015 to 2024.



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