25 April 2024
FEATURE: Changing times for Indonesia – What role can IOCs play now?
Publication date: 22 August 2014
Gas Strategies Group
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EC4A 4AD
ISSN: 0964-8496
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Over a quarter of Indonesia’s production sharing contracts (PSCs) are due to expire over the next five years and the current foreign operators, who have no legal right to a contract extension, are still in the dark as to whether or not they will be extended. As a result, investment in some of the country’s largest upstream assets is stalling. Gas Strategies considers the prospects for IOCs in the Southeast Asian nation.