The nation’s vast territorial expanse and established presence of experienced, well-financed international and domestic oil firms has led to the discovery and exploitation of a succession of sizeable oil and gas projects across the country for more than 125 years. Lured by attractive production contracts, considerable remaining reserves and...
Home to the world’s second-most productive copper mine, and the largest gold mine in terms of reserves, Indonesia has positioned itself strongly among the world’s largest precious mineral producers. Although gold production across the archipelago has traditionally been extracted as a by-product from large-scale copper mines, the revenues...
As part of Indonesia’s push to ensure that more benefits from resource extraction carried out by mining activity are preserved and reinvested domestically, the government is revamping the framework regulating mining contracts. This is aimed at facilitating greater local participation in operations and securing a larger proportion of revenues for...
Promulgated in 2001, Indonesia’s Oil and Gas Law forms the backbone of the sector’s regulatory framework along with various supplementary government ordinances and decrees. While the law ostensibly lays out a clear set of rules governing both state and private sector responsibilities, entitlements, liabilities and all manner of legal obligations...
With oil and gas imports weighing on its trade balance, Indonesia is taking steps to reduce domestic demand for fuel and boost local refinery capacity. These moves come in the wake of the International Energy Agency (IEA) releasing a 2013 report projecting that energy demand in the South-east Asian country is set to nearly double over the next...
As Thailand's natural gas runs low and as oil imports increase, the country is aggressively promoting new sources of energy and encouraging the increased use of alternative fuels. Furthermore, over time, Thailand’s alternative energy goals have become more ambitious. The Renewable Energy Development Plan (REDP), released in 2009, called for 20%...
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