DUBLIN--(BUSINESSWIRE)-- Research and Markets (http://www.researchandmarkets.com/research/fgjtjl/indonesia_oil_and) has announced the addition of the "Indonesia Oil & Gas Industry 2H12" report to their offering.
Indonesia: Oil & Gas covers the global oil and gas industry overview, Indonesia's oil and gas industry overview, oil production and gas production.
It also covers the market trends and outlook, regulatory predictability, cost recovery, LNG regasification and the development of coalbed methane, plus the profile, comparative matrix and SWOT analysis of the industry leading players:
- PT Perusahaan Gas Negara
- PT MedcoEnergi Internasional
- PT Elnusa Tbk
- PT Energi Mega Persada Tbk
- PT Radiant Utama Interinsco Tbk
In 2011, oil and natural gas accounted for 43.45% and 23.01%, respectively, of Indonesia's primary energy consumption. Meanwhile, the number of domestic exploration and production working areas in the upstream industry increased from 107 units in 2002 to 245 units by the end of 2011, as a result of industry investments of about USD 13.7bn in 2011.
Oil and gas revenue accounted for 22.12% of the country's total revenue in 2011. Indonesia has become a net importer of oil largely due to maturing fields and rising local demand. In the first eight months of 2012, the country exported USD 25.87bn worth of oil and gas and imported USD 27.51bn, creating a trade deficit of USD 1.64bn.
Indonesia had 0.2% of the world's proven oil reserves at approximately 4bn barrels by the end of 2011. Natural gas reserves of the country stood at 3.0tcm in 2011, representing 1.4% of the world's total reserves.
For more information visit http://www.researchandmarkets.com/research/fgjtjl/indonesia_oil_and