Inter-regional gas trade expanded at a rate of 4.9%, more than double its 10-year average, driven by a record increase in liquefied natural gas (LNG) of 54 bcm (12.7%). For this reason the company changed the description of its core business from an 'oil and gas company' to an 'energy company'. ; Indonesia consumes 0.26 gallons of oil per capita every day (based on the 2016 population of 261,556,381 people), or 95 gallons per capita per year (2 barrels). The upstream oil and gas industry holds an important role as one of the economic drivers in Indonesia, especially for the local communities in the areas where the oil and gas operations are located. Oil and gas used to be the foundation of Indonesia’s economy but despite growing demand for energy in the country, regulatory issues, a drop in global prices and stiff competition from rival countries have all conspired to see its oil and gas sector fall from 6% of the country’s GDP to 3%. Total planted oil palm area in Indonesia: 3.9-11.3 million hectares from 1999-2015* Indonesia Central Bureau of Statistics: Total planted oil palm area in Malaysia: 3.3-5.6 million hectares from 1999-2015: Malaysia palm oil board: Area of oil palm on peatland: 0.3-3.1 million hectares from 1990-2015: Miettinen et al. [1 barrel = 42 US Gallons]

Indonesia had previously subsidised fuel prices to … As reported by Reuters, Indonesia’s upstream oil and gas regulator SKK Migas has cut its full-year production outlook for the country, its chairman Dwi Soetjipto told reporters on Thursday, after … In April 2020, production of crude oil for Indonesia was 720.69 thousand barrels per day. Indonesia expects gross revenue from oil and gas to fall to between $18.7 billion to $22.31 billion next year, the chairman of upstream oil and gas regulator SKK Migas told parliament on Thursday. East Natuna Block (Natuna D-Alpha) Project Cost: $30bn Location: Offshore Indonesia Operated by Pertamina, the Indonesian state-owned oil and natural gas corporation based in Jakarta, the East Natuna Block project is a natural-gas focused project which is situated on a block containing an estimated 220 trillion cubic feet (tcf) of gas. The IEA produces free monthly statistics with timely and consistent oil, oil price, natural gas and electricity data for all OECD member countries back to 2000. Includes crude oil, shale oil, oil sands and NGLs ( the liquid content of natural gas where this is recovered …

Crude … Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia consumes 1,623,000 barrels per day (B/d) of oil as of the year 2016.; Indonesia ranks 14th in the world for oil consumption, accounting for about 1.7% of the world's total consumption of 97,103,871 barrels per day. Though Indonesia production of crude oil fluctuated substantially in recent months, it tended to decrease through May 2019 - April 2020 period ending at 720.69 thousand barrels per day in April 2020. The COVID-19 pandemic has landed a lasting blow to both oil and gas markets.

Oil and gas contractors are required to finance all exploration, production, and development costs in their contract areas and are entitled to recover operating, exploration, and development costs out of the oil and gas produced. 8 PwC Oil and Gas in Indonesia: Investment and Taxation Guide 9 Foreword “Welcome to the 8 th edition of the PwC Indonesia Oil and Gas in Indonesia - Investment and Taxation Guide.

AUSTIN –– Crude oil and natural gas production as reported to the Railroad Commission of Texas (RRC) for April 2020 came from 172,505 oil wells and 87,853 gas wells. Besides the exploration, production and transmission of oil and gas, Pertamina is also increasingly tapping Indonesia's coalbed methane and geothermal potential. This was underpinned by steady economic growth of 5.2% in 2018, marginally below its average annual rate of 5.6% 2007-17. Texas Oil and Gas Production Statistics for April 2020.