Indonesian Oil & Gas Industry Continues Expansion
By Bob Gill Overview Indonesia is the largest country in Southeast Asia. This applies in terms of geographical size (1.9 million sq. km); population (270 million people); and GDP ($1.1 trillion, 2019). However, while industrialization, urbanization, and an increasing population continue to drive energy demand upwards, the country has struggled to attain the self-sufficiency it should have given the generous reserves of both crude oil and natural gas that exist across the vast archipelago. Due to insufficient investment in the oil & gas industry, Indonesia, an ...