Indonesia Oil & Gas Report Q1 2014 - New Study Released
The outlook for the country's oil and gas sector is becoming increasingly uncertain. We forecast a long-term decline in total liquids production and a stagnation of gas production. This is mainly a result of the slow pace of exploration and development, exacerbated by an increasingly uncertain regulatory environment as resource nationalism creeps into the government's policy towards the sector. Opportunities for exports will be further compromised by the domestic market's increasing energy demand. Hence, falling oil and gas exports is...
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