![]() the Cantik field in the Belida Production Sharing Contract (“PSC”) by Sele Raya Belida.the Buntal-5 field by Medco E&P Natuna Ltd.Despite the challenges faced during the COVID-19 pandemic, the following oil and gas projects were realised in 2020: These include Tangguh Train-3, the Chevron Indonesia Deepwater Development Project, the Jangkrik Field Development Project, and the development of the Jambaran-Tiung Biru block and Genting’s Kasuri block.Īccording to the Special Task Force for Upstream Oil and Gas Business Activities (“SKK Migas”) Bulletin in October 2020, SKK Migas targeted 12 projects to commence production in 2020. In 2017, a number of upstream projects were declared strategic projects by the Government of Indonesia (“Government”) in an effort to increase oil and gas production. Indonesia’s main areas for gas production are South Sumatra, East Kalimantan, the Natuna Sea, Sulawesi and West Papua. Shale gas reserves are estimated at 574 Tcf. Of the foregoing production, 16.8 billion m 3 was exported as LNG and 7.3 billion m 3 was exported through pipelines.Īccording to the PwC Oil and Gas Guide 2020 (“2020 PwC Guide”), Indonesia has the sixth-largest Coal Bed Methane reserves in the world at 453 Tcf. Gas production reached 63.2 million tonnes per annum, representing 64% of the total oil and gas production in Indonesia. 1.1 A brief outline of your jurisdiction’s natural gas sector, including a general description of: natural gas reserves natural gas production including the extent to which production is associated or non-associated natural gas import and export of natural gas, including liquefied natural gas (LNG) liquefaction and export facilities, and/or receiving and re-gasification facilities (“LNG facilities”) natural gas pipeline transportation and distribution/transmission network natural gas storage and commodity sales and trading.īy the end of 2020, Indonesia’s proven natural gas reserves recorded in the BP Statistical Review of World Energy 2021 (“BP 2021 Report”) amounted to 44.2 trillion cubic feet (“Tcf”). ![]()
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December 2022
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