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Tag Archives: Indonesia oil & gas

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Investment in upstream oil and gas sector reaches USD 3.98 billion

PT VUI : Doing Business in Indonesia Posted on July 7, 2017 by Herlina HoJuly 7, 2017

Investment in the upstream oil and gas sector in the first half of 2017 reached US$3.98 billion, accounting for 29 percent of work program and budget set at US$13.8 billion, the Upstream Oil and Gas Regulatory Special Task Force (SKK … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Economy & Business, Indonesia Investment, Indonesia oil & gas

LG petrochemical project to source gas from Bintuni, Masela blocks

PT VUI : Doing Business in Indonesia Posted on July 5, 2017 by Herlina HoJuly 5, 2017

South Korean LG International and local firm PT Duta Firza are conducting a feasibility study on a potential US$1.3 billion petrochemical factory in Bintuni, West Papua, near the gas-rich Bintuni and Masela blocks in Maluku, which would provide raw material … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas, Indonesia Trade, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Investment, Indonesia oil & gas, Indonesia Petrochemical, Indonesia Trade

Government prioritizes four oil and gas projects

PT VUI : Doing Business in Indonesia Posted on July 5, 2017 by Herlina HoJuly 5, 2017

Deputy Minister of Energy and Natural Resources Arcandra Tahar here on Tuesday said four oil and gas projects have been included in the National Strategic Projects list because they have large capacity of gas, and therefore, their production will meet … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Investment, Indonesia oil & gas

PGN to build $140-million gas network in Riau

PT VUI : Doing Business in Indonesia Posted on June 22, 2017 by Herlina HoJune 22, 2017

State-owned gas company PGN plans to develop gas transmission and distribution pipelines worth US$140 million in Dumai, Riau, to meet growing demand for gas in the region. The gas distribution networks will span 56 kilometers and connect to different customers, … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Investment, Indonesia oil & gas

Energy Ministry simplifies licensing procedures to increase investment

PT VUI : Doing Business in Indonesia Posted on June 15, 2017 by Herlina HoJune 15, 2017

The Energy and Mineral Resources Ministry has simplified licensing procedures in all sectors under its authority as part of efforts to increase investment inflows, Energy and Mineral Resources Minister Ignatius Jonan said. The ministry realized that not all sectors under … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas, Indonesian Energy & Mineral Resources | Tagged Indonesia Economy & Business, Indonesia Energy & Mineral Resources, Indonesia Investment, Indonesia oil & gas

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