Indonesia Oil and Gas Report - Q4 2014

Business Monitor International
September 10, 2014
202 Pages - SKU: BMI5325601
Countries covered: Indonesia

Indonesia Oil and Gas Report - Q4 2014

BMI View: We have modestly upgraded our production and consumption forecasts based on expectationsthat the election of reform-minded Jokowi as president would have a positive impact on Indonesia'sbusiness environment - which has hitherto limited the country from maximising its below-ground potential -and its economy. Our forecasts could surprise to the upside if Jokowi more successful in battling entrenchedinterests in the oil and gas industry to revamp its operating environment than expected.

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 2014 to 2023.

We expect Indonesia's gas production to continue its downward trend in 2014 and 2015 but experience aturnaround from 2016, on the back of new major projects and also expectations that a more stableregulatory environment would allow long-stalled final investment decisions to move ahead. This willbring online large projects that will support the country's longer term production.



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