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Jakarta Post
The Jakarta Post
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Unpleasant realities in Indonesian oil industry

  • Rahmad Pribadi

Cambridge, Massachusetts | Sun, January 20 2013 | 10:13 am

PREMIUM Indonesia needs to make a sharp political turn to save the future of its oil and gas industry. Politicians and policy makers must be willing to accept unpleasant realities and move away from the fantasy they are living in. The reality is, our oil industry has been in trouble for more than a decade and, as a result, Indonesia has become an oil-importing country.

Since 1995, Indonesian oil pr...