Indonesia Oil & Gas Report Q3 2016 - New Study Released


Recently published research from Business Monitor International, "Indonesia Oil & Gas Report Q3 2016", is now available at Fast Market Research



[ClickPress, Wed Jun 22 2016] Regulatory uncertainty and low oil prices will impede exploration in Indonesia. Though the refinery upgrade and newbuild projects draw interest from national oil companies, they are progressing slowly and Indonesia will remain a large importer of refined fuels.

Latest Updates and Key Forecasts

We believe that the proposed amendment to Indonesia's oil and gas law will create regulatory uncertainty. Together with the low oil price environment, it will serve to dampen investor interest in the upcoming licensing round in 2016.

We have revised up our forecast for Indonesia's 2016 crude oil and gas production, as higher than expected production ramp-up at several major projects will offset mature field decline. Production will fall from 2017 for crude oil and from 2018 for gas.

Full Report Details at
- http://www.fastmr.com/prod/1188102_indonesia_oil_gas_report_q3.aspx?afid=301

We have downgraded Indonesia's refining capacity forecast. We believe that delays to the upgrading of the Cilacap refinery, the first among a pipeline of refinery upgrade and newbuild projects, will push back successive projects.

The weak oil price environment is a boon for Indonesia's refined products consumption. Combined with a bright macroeconomic outlook, we maintain our forecast for the country's refined products consumption to increase at an average rate of 1.8% per annum over the next decade.

Indonesia's gas consumption will increase at an average rate of 4.1% per annum over the next decade, as a result of a greater shift to gas-fired electricity generation in the power sector. We highlight upside risks to our forecast from greater gas usage in power, transportation and the residential sectors.

Due to declining crude oil production, Indonesia will still turn from a net exporter of crude oil to a net importer in 2020, despite our downwardly revised forecast for Indonesia's refining capacity.

Indonesia will become a LNG net importer by 2022. High regulatory uncertainty and an oversupplied regional LNG market have prompted us to exclude pre-FID LNG projects from our forecast.

The Indonesia Oil & Gas Report has been researched at source and features BMI Research's independent forecasts for Indonesia including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Indonesia Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Indonesian oil and gas industry.

Key Benefits

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Iran Oil & Gas Report Q3 2016
- EnCana Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q3, 2015
- China Oil & Gas Report Q3 2016
- Russia Oil & Gas Report Q3 2016
- Pakistan Oil & Gas Report Q3 2016

Company: Fast Market Research, Inc.


Contact Name: Bill Thompson

Contact Email: press@fastmr.com

Contact Phone: 1-413-485-7001

>>Visit website