Ranked twelfth in world oil production, Indonesia is already an important supplier of oil to Japan, and may become an increasingly important supplier to the United States. Sevinc Carlson presents here the first up-to-date and comprehensive study of the politics and economics of Indonesia's oil, and emphasizes the importance of oil to the country's

This book examines the relationship between foreign companies and government within the Indonesian oil industry. It is concerned in particular to identify those factors which determine the balance between central regulation and untrammelled company activity, in order to evaluate the choices which the government has to make in the creation of its policies. Given the extent of foreign investment in the mineral extractive industries of many of the less-developed countries, such policies are of major importance. From his study of the operation of Indonesian oil contracts, Dr Khong concludes that the formal terms of an agreement may well give a misleading impression of the actual allocation of the benefits from petroleum extraction. The common perception that a basic shift in favour of host governments has occurred is shown to be largely misplaced, whatever relative advances they may have achieved.

This text presents an examination of the development of the energy sector in Indonesia with reference to the influence exercised on the wider economy

THE quadrupling of oil prices within a few months in late 1973 and early 1974 brought to an abrupt end the era of inexpensive oil. Since then the continuing increases in the price of oil traded in the international market and the higher prices of imports of manu factured goods have seriously disrupted the foreign exchange balances of many developing countries and forced them to replan their development programmes. The impact of high oil prices is felt in every country, whether developed or developing, and has brought to world attention the fact that not only are petroleum resources in limited supply and exhaustible but also that substitutes cannot be found easily or quickly. In a world faced with the certainty of declining supplies of petroleum there is widespread interest and concern among all the oil producing countries to evaluate the extent of their petroleum resources and to examine more closely the problems of their development, rates of depletion and methods of conservation. The present work reviews some of the above issues and problems in relation to Indonesia, an OPEC member, and the major oil producing country in South-East Asia. More specifically, it seeks to provide the reader with an overview of the petroleum resources of the country their nature, extent, distribution as well as the problems of their development.

A tribute to the pioneers of oil exploration in Indonesia (1850-1898). Using authentic reports, diaries, relevant texts, personal notes and pictures, Poley brings to life the heroic efforts of Reerink (Cheribon, W. Java), Zijlker and Kessler (Deli, NE Sumatra), Stoop (Surabaya and Rembang, E Java), Menten (Kutei, E Kalimantan), Kessler and IJzerman (Palembang, SE Sumatra), and their crews. They faced almost insurmountable odds in many locations: an impenetrable, cruel jungle, an inclement climate, tropical diseases, technical mishaps, financial restrictions, and, last but not least, government and legal constraints. There was no geological science to guide them, and drilling technology was still in its infancy. Yet it was their vision and perseverance which finally put Indonesia on the world map of oil-producing nations, and which contributed materially to the development of today's life of luxury. Much of the present text and several of the pictures are here presented for the first time to the general public.

“To attain energy security and the ability to supply natural gas to a domestic market with an increasing demand, infrastructure development is key.” Fanshurullah Asa, Chairman, BPH Migas The Oil & Gas Year Indonesia 2020 highlights Indonesia’s ambitious goals to ramp up exploration and production activities, advance the development of natural gas and LNG, and pioneer renewables projects – all together making the archipelago a key energy hub in Southeast Asia. “There are positive projections in Indonesia for natural gas, which will transform into the energy resource of the future.” Jamsaton Nababan, President-Director, Pertamina EP Cepu The Oil & Gas Year Indonesia 2020 paints a detailed picture of Indonesia´s energy scene under Jokowi’s renewed administration, focusing on the varied efforts the country is undertaking to enhance its oil and gas production, upgrade its refining capacity and push for an energy transition. Produced in partnership with the Indonesian Chamber of Commerce and Industry (KADIN), this fifth edition of TOGY’s Indonesia series provides insight to investors on the government’s efforts to push the energy industry forwards, providing a clear picture of Indonesia’s opportunities at a time when gas is the new oil and Indonesia is driven by its pursuit of the energy transition.