Indonesia needs to change to stay attractive.

Feb 26, 1997 01:00 AM

Indonesia plans to bring two gas trains onstream in Irian Jaya by 2003-2004, the president of Arco Indonesia said.Arco holds 80 % and 40 % in the Wiriagar and Berau blocks in Bituni Bay, Irian Jaya, the western half of New Guinea island. Kanematsu holds the remaining 20 % in Wiriagar and 12 % in Berau, which is also held by Occidental Petroleum with 22.86 % and Nippon Oil Co 17.14 %.
Codron said although Indonesia presents an attractive target for selective upstream investments and has strived to remain competitive, Indonesia may consider some changes to attract large upstream investors. "The ability to adapt to change in order to remain competitive is paramount," he said. The four changes he recommended were more incentives for investment in marginal fields and enhanced oil recovery (EOR), tax consolidation, transparency in domestic pricing and simplifying administrative prices.

Source: not available
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« June 2019 »
June
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events