What areas will Pertamina focus its development strategies on with a new administration in place?
Asia Energy
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Interviews & Viewpoints | OBG talks to Dwi Soetjipto, President-Director & CEO, Pertamina:Interview from The Report: Indonesia 2015
Endowed with ample mineral and coal resources that have yielded some of the most productive mines in the world, Indonesia’s mining sector continues to exert substantial influence on both the domestic economy and global markets. The world’s largest coal exporter, Indonesia continues to lead the seaborne market despite several leaner years due to weaker demand and softer prices. Local demand is...
After years of treading water, Indonesia’s energy sector is finding new optimism in the fresh faces being appointed to key government positions by the new president, Joko Widodo, with the hope that they will be able to renew investor interest in the industry and spur a wave of development. The changes at the top come at a critical time, as myriad factors continue to buffet the sector in...
Indonesia is transforming from a resources- and consumption-based economy to a more manufacturing- and investment-oriented one, working to build an industrial base that will allow it to reduce its dependence on imports and keep more value within the economy. Following his inauguration in October 2014, President Joko Widodo quickly took a number of vital and positive steps that so far are increasing opportunities for foreign direct investment.
Rising domestic consumption and dwindling hydrocarbons reserves will increase pressure on Thailand’s downstream energy and petrochemical firms to secure feedstock, though lower international oil and gas prices have helped reduce production costs for now.
Falling global coal prices and rising domestic demand will see a growing number of private coal-fired power plants open in the Philippines by 2020, dramatically improving electricity supply in the wake of continued shortages.