Indonesia Oil Industry Report - H1, 2013
Indonesia has been active in the oil and gas industry for over 120 years after the country’s first oil discovery in North Sumatra back in 1885. The number of domestic exploration and production working areas in the upstream industry increased from 107 units in 2002 to 308 units by the end of 2012, as a result of industry investments of about USD 21.3bn in 2012.
Indonesia has become a net importer of oil largely due to maturing fields and rising local demand. In the first quarter of 2013, Indonesia incurred a deficit of USD 3.36bn in oil and gas trading. The country exported USD 8.15bn worth of oil and gas, but imported USD 11.51bn during the same period.
Indonesia had 0.2% of the world’s proven oil reserves at approximately 3.7bn barrels by the end of 2012. Natural gas reserves of the country stood at 2.9 trillion cubic meters in 2012, representing 1.6% of the world’s total reserves. In 2012, Indonesia produced approximately 2.1% of the global natural gas.
Key Points:
Indonesia has become a net importer of oil largely due to maturing fields and rising local demand. In the first quarter of 2013, Indonesia incurred a deficit of USD 3.36bn in oil and gas trading. The country exported USD 8.15bn worth of oil and gas, but imported USD 11.51bn during the same period.
Indonesia had 0.2% of the world’s proven oil reserves at approximately 3.7bn barrels by the end of 2012. Natural gas reserves of the country stood at 2.9 trillion cubic meters in 2012, representing 1.6% of the world’s total reserves. In 2012, Indonesia produced approximately 2.1% of the global natural gas.
Key Points:
- In 2012, approximately USD 16.11bn was invested in the upstream oil and gas industry. Investment in production and development accounted for 64.36% and 20.41%, respectively.
- The number of domestic exploration and production working areas for the upstream industry increased from 107 in 2002 to 308 by the end of 2012.
- Indonesia has identified floating storage and regasification unit (FSRU) as a strategic asset to meet the country’s rising demand of gas.
- Indonesia aims to achieve 500 mmscfd of gas from coalbed methane by 2015 and 1,500 mmscfd by 2025.
1. INDUSTRY PROFILE
1.1 Global Oil and Gas Industry Overview
1.2 Indonesia's Oil and Gas Industry Overview
1.3 Oil Production
1.4 Gas Production 1.5 Export and Import
2. MARKET TRENDS AND OUTLOOK
2.1 Regulatory Predictability
2.2 LNG Regasification
2.3 Coalbed Methane
3. LEADING PLAYERS AND COMPARATIVE MATRIX
3.1 Leading Players
3.1.1. PT Perusahaan Gas Negara Tbk
3.1.2. PT MedcoEnergi Internasional Tbk
3.1.3. PT Elnusa Tbk
3.1.4. PT Energi Mega Persada Tbk
3.1.5. PT Radiant Utama Interinsco Tbk
3.2 Comparative Matrix
3.3 SWOT Analysis
4. TABLES AND CHARTS
Table 1: Top 10 LNG Exporting Countries
Table 2: World Coalbed Methane Resources
Table 3: Indonesia Coalbed Methane Basin Evaluation and Indicators
Table 4: Transmission Pipeline Network as of 31 December 2012
Table 5: Perusahaan Gas Negara PGN Operational Highlights
Table 6: Perusahaan Gas Negara Financial Highlights
Table 7: MedcoEnergi Financial Highlights
Table 8: Elnusa Financial Highlights
Table 9: Energi Mega Financial Highlights
Table 10: Radiant Utama Financial Highlights
Table 11: Financial Highlights of the Leading Players
Chart 1: Global GDP Growth and Oil Demand
Chart 2: Upstream Oil & Gas Investment 2012
Chart 3: Domestic Revenue of the Government of Indonesia
Chart 4: Average Daily Production of Crude Oil
Chart 5: Annual Crude Oil Production
Chart 6: Crude Oil Production Segment Contribution 2012
Chart 7: Average Daily Production of Natural Gas
Chart 8: Annual Natural Gas Production
Chart 9: Natural Gas Production Segment Contribution 2012
Chart 10: Value of Imports and Exports of Oil and Gas
Chart 11: Upstream Oil & Gas Investment
Chart 12: Production of Liquefied Natural Gas
Chart 13: Perusahaan Gas Negara Segment Revenue 2012
Chart 14: MedcoEnergi Segment Revenue 2012
Chart 15: Elnusa Segment Revenue 2012
Chart 16: Energi Mega Segment Revenue 2012
Chart 17: Radiant Utama Segment Revenue 2012
1.1 Global Oil and Gas Industry Overview
1.2 Indonesia's Oil and Gas Industry Overview
1.3 Oil Production
1.4 Gas Production 1.5 Export and Import
2. MARKET TRENDS AND OUTLOOK
2.1 Regulatory Predictability
2.2 LNG Regasification
2.3 Coalbed Methane
3. LEADING PLAYERS AND COMPARATIVE MATRIX
3.1 Leading Players
3.1.1. PT Perusahaan Gas Negara Tbk
3.1.2. PT MedcoEnergi Internasional Tbk
3.1.3. PT Elnusa Tbk
3.1.4. PT Energi Mega Persada Tbk
3.1.5. PT Radiant Utama Interinsco Tbk
3.2 Comparative Matrix
3.3 SWOT Analysis
4. TABLES AND CHARTS
Table 1: Top 10 LNG Exporting Countries
Table 2: World Coalbed Methane Resources
Table 3: Indonesia Coalbed Methane Basin Evaluation and Indicators
Table 4: Transmission Pipeline Network as of 31 December 2012
Table 5: Perusahaan Gas Negara PGN Operational Highlights
Table 6: Perusahaan Gas Negara Financial Highlights
Table 7: MedcoEnergi Financial Highlights
Table 8: Elnusa Financial Highlights
Table 9: Energi Mega Financial Highlights
Table 10: Radiant Utama Financial Highlights
Table 11: Financial Highlights of the Leading Players
Chart 1: Global GDP Growth and Oil Demand
Chart 2: Upstream Oil & Gas Investment 2012
Chart 3: Domestic Revenue of the Government of Indonesia
Chart 4: Average Daily Production of Crude Oil
Chart 5: Annual Crude Oil Production
Chart 6: Crude Oil Production Segment Contribution 2012
Chart 7: Average Daily Production of Natural Gas
Chart 8: Annual Natural Gas Production
Chart 9: Natural Gas Production Segment Contribution 2012
Chart 10: Value of Imports and Exports of Oil and Gas
Chart 11: Upstream Oil & Gas Investment
Chart 12: Production of Liquefied Natural Gas
Chart 13: Perusahaan Gas Negara Segment Revenue 2012
Chart 14: MedcoEnergi Segment Revenue 2012
Chart 15: Elnusa Segment Revenue 2012
Chart 16: Energi Mega Segment Revenue 2012
Chart 17: Radiant Utama Segment Revenue 2012
