In contrast to crude oil production, Indonesia’s natural gas output has been on the rise each year since 2007. Total gas production in 2010 amounted to 3.28bn standard cu feet per day (scfd), up 8.4% on the previous year’s mark of 3.02bn scfd and 16.8% over the 2.81bn scfd in 2007, according to Indonesia’s Directorate General of Oil and Gas (DGOG...
Even as economic woes continue to grip the world’s developed economies, Indonesia’s mining sector has been on an impressive roll, with strong demand bolstering sales. Unlike the previous global downturns of 2007 and 2008, commodity prices surged in the first half of 2011 before dropping off slightly in the fourth quarter. This led to a windfall for...
As the largest exporter of tin on the planet, Indonesia has been enjoying a wave of strong demand and rising commodity prices in recent years as regional economic growth has surged.
How would you characterise the government’s plan to develop the energy mix and reduce the country’s dependence on oil and gas?
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