Indonesia Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020

Table of Contents

1 Table Of Contents 2
1.1 List of Tables 9
1.2 List of Figures 12
2 Introduction 13
2.1 What Is This Report About? 13
2.2 How To Use This Report 14
2.3 Market Definition 14
3 Indonesia Energy Sector 16
3.1 Indonesia Energy Sector, Market Overview 16
3.2 Indonesia Energy Sector, Market Overview 17
3.2.1 Indonesia Crude Oil, Overview 17
3.2.2 Indonesia Crude Oil, Supply and Demand Balance 17
3.2.3 Indonesia Crude Oil, Regulatory Structure 23
3.2.4 Indonesia Crude Oil, Infrastructure 24
3.3 Indonesia Energy Sector, Natural Gas 25
3.3.1 Indonesia Natural Gas, Overview 25
3.3.2 Indonesia Natural Gas, Supply and Demand Balance 25
3.3.3 Indonesia Natural Gas, Regulatory Structure 31
3.3.4 Indonesia Natural Gas, Infrastructure 31
3.4 Indonesia Energy Sector, Coal 33
3.4.1 Indonesia Coal, Overview 33
3.4.2 Indonesia Coal, Supply and Demand Balance 33
3.4.3 Indonesia Coal, Regulatory Structure 37
3.4.4 Indonesia Coal, Infrastructure 38
3.5 Indonesia Energy Sector, Electricity 38
3.5.1 Indonesia Electricity, Overview 38
3.5.2 Indonesia Electricity, Supply and Demand Balance 40
3.5.3 Indonesia Electricity, Regulatory Structure 44
3.5.4 Indonesia Electricity, Infrastructure 45
4 Indonesia Fiscal Regime 46
4.1 Indonesia Petroleum Fiscal Environment 46
4.2 License Terms 47
4.3 Key Fiscal Terms 48
4.4 Sample Cashflows Calculations 51
5 Indonesia Upstream Investment Environment Benchmarking 52
5.1 Introduction 52
5.2 The Overall Ranking 52
5.3 Upstream Fiscal Attractiveness 52
5.3.1 Maximum Government Take Index 54
5.3.2 Maximum State Participation 54
5.4 Oil and Gas Sector Performance 54
5.4.1 Exploration Activity 57
5.4.2 Oil and Gas Production 58
5.4.3 Oil and Gas Reserves 59
5.4.4 Consumption 59
5.4.5 Refining Industry 59
5.5 Economic Performance 59
5.5.1 GDP Growth Index 61
5.5.2 FDI Confidence Index 61
5.5.3 Balance of Trade Index 62
5.6 Socio-Political Performance 62
5.6.1 Democracy Index 64
5.6.2 Governance Index 64
6 Indonesia Exploration and Production Sector 65
6.1 Indonesia, Country Snapshot 65
6.1.1 Indonesia, Key Data 65
6.1.2 Indonesia, Exploration and Production Assets Map 66
6.1.3 Indonesia, Crude Oil & Natural Gas Reserves 67
6.2 Indonesia, Crude Oil And Natural Gas Production 69
6.2.1 Indonesia, Historical Crude Oil Production 69
6.2.2 Indonesia, Historical Natural Gas Production 70
6.2.3 Indonesia, Crude Oil and Natural Gas Producing Asset Details 71
6.2.4 Indonesia, Crude Oil Production Assets by Area 75
6.2.5 Indonesia, Natural Gas Production Assets by Area 78
6.2.6 Indonesia, Planned Production Assets Details 80
6.2.7 Indonesia, Crude Oil Production by Company 81
6.2.8 Indonesia, Natural Gas Production by Company 84
6.3 Indonesia, Crude Oil And Natural Gas Forecasts 85
6.3.1 Indonesia, Forecasted Crude Oil Production 85
6.3.2 Indonesia, Forecasted Natural Gas Production 85
6.4 Indonesia, Exploration Block Details 86
6.4.1 Indonesia, Total Number of Active Exploration Blocks 86
6.4.2 Indonesia, Total Number of Active Exploration Blocks by Company 87
6.4.3 Indonesia, Exploration Blocks Details 90
6.4.4 Indonesia, Planned Exploration Blocks Details 97
7 Indonesia Refining Sector 98
7.1 Indonesia Refining Sector, Overview 98
7.2 Indonesia Refining Sector, Crude Distillation Unit Capacity 98
7.3 Indonesia Refining Sector, Coking Capacity 99
7.4 Indonesia Refining Sector, Fuel Catalytic Cracking Capacity 99
7.5 Indonesia Refining Sector, Hydrocracking Capacity 99
8 Indonesia Pipeline Sector 100
8.1 Indonesia Pipeline Sector, Overview 100
8.2 Indonesia Pipeline Sector, Crude Oil Pipelines 101
8.3 Indonesia Pipeline Sector, Petroleum Product Pipelines 102
8.4 Indonesia Pipeline Sector, Natural Gas Pipelines 103
9 Indonesia LNG Sector 105
9.1 Indonesia LNG Sector, Overview 105
9.2 Indonesia LNG Sector, Liquefaction 105
10 Chevron Corporation 106
10.1 Chevron Corporation, Key Information 106
10.2 Chevron Corporation, Company Overview 106
10.3 Chevron Corporation, Business Description 106
10.3.1 Chevron Corporation, Business Description, Business Overview 106
10.3.2 Chevron Corporation, Business Description, Chemicals Segment 106
10.3.3 Chevron Corporation, Business Description, Downstream Segment 107
10.3.4 Chevron Corporation, Business Description, Others Segment 108
10.3.5 Chevron Corporation, Business Description, Upstream Segment 110
10.3.6 Chevron Corporation, Business Description, Major Products and Services 110
10.4 Chevron Corporation, Value Chain Analysis 112
10.4.1 Chevron Corporation, Value Chain Analysis, Upstream 112
10.4.2 Chevron Corporation, Value Chain Analysis, Midstream 113
10.4.3 Chevron Corporation, Value Chain Analysis, Retail 114
10.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 114
10.4.5 Chevron Corporation, Value Chain Analysis, Transformation 115
10.5 Chevron Corporation, SWOT Analysis 116
10.5.1 Chevron Corporation, SWOT Analysis, Overview 116
10.5.2 Chevron Corporation, SWOT Analysis, Strengths 116
10.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 117
10.5.4 Chevron Corporation, SWOT Analysis, Opportunities 118
10.5.5 Chevron Corporation, SWOT Analysis, Threats 119
10.6 Chevron Corporation, Revenue Analysis 121
10.6.1 Chevron Corporation, Revenue Analysis, Revenue by Segment 121
10.6.2 Chevron Corporation, Revenue Analysis, Revenue by Geography 122
10.7 Chevron Corporation, Financial and Operational Review 123
10.7.1 Chevron Corporation, Financial and Operating Review, Financial Statements 123
10.7.2 Chevron Corporation, Financial and Operating Review, Financial Ratios 124
10.8 Chevron Corporation, Operational Indicators 125
11 Total S.A 126
11.1 Total S.A, Key Information 126
11.2 Total S.A, Company Overview 126
11.3 Total S.A, Business Description 126
11.3.1 Total S.A, Business Description, Business Overview 126
11.4 Total S.A, Value Chain Analysis 127
11.4.1 Total S.A, Value Chain Analysis, Upstream 128
11.4.2 Total S.A, Value Chain Analysis, Midstream 128
11.4.3 Total S.A, Value Chain Analysis, Downstream 129
11.4.4 Total S.A, Value Chain Analysis, Retail 129
11.5 Total S.A, SWOT Analysis 131
11.5.1 Total S.A, SWOT Analysis, Overview 131
11.5.2 TOTAL S.A, SWOT Analysis, Strengths 131
11.5.3 TOTAL S.A, SWOT Analysis, Weaknesses 132
11.5.4 TOTAL S.A, SWOT Analysis, Opportunities 133
11.5.5 TOTAL S.A, SWOT Analysis, Threats 134
11.6 TOTAL S.A, Revenue Analysis 135
11.6.1 TOTAL S.A, Revenue by Segment 135
11.6.2 TOTAL S.A, Revenue by Geography 135
11.7 TOTAL S.A, Financial and Operational Review 137
11.7.1 TOTAL S.A, Financial and Operational Review, Financial Statements 137
11.7.2 TOTAL S.A, Financial and Operational Review, Financial Ratios 138
11.8 TOTAL S.A., Operational Indicators 139
12 Exxon Mobil Corporation 140
12.1 Exxon Mobil Corporation, Key Information 140
12.2 Exxon Mobil Corporation, Company Overview 140
12.3 Exxon Mobil Corporation, Business Description 140
12.3.1 Exxon Mobil Corporation, Business Description, Business Overview 140
12.3.2 Exxon Mobil Corporation, Business Description, Chemical 141
12.3.3 Exxon Mobil Corporation, Business Description, Downstream 142
12.3.4 Exxon Mobil Corporation, Business Description, Upstream 143
12.3.5 Exxon Mobil Corporation, Business Description, Major Products and Services 145
12.4 Exxon Mobil Corporation, Value Chain Analysis 147
12.4.1 Exxon Mobil Corporation, Value Chain Analysis, Upstream 147
12.4.2 Exxon Mobil Corporation, Value Chain Analysis, Midstream 148
12.4.3 Exxon Mobil Corporation, Value Chain Analysis, Downstream 148
12.4.4 Exxon Mobil Corporation, Value Chain Analysis, Retail 149
12.5 Exxon Mobil Corporation, SWOT Analysis 150
12.5.1 Exxon Mobil Corporation, SWOT Analysis, Overview 150
12.5.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 150
12.5.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 152
12.5.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 153
12.5.5 Exxon Mobil Corporation, SWOT Analysis, Threats 155
12.6 Exxon Mobil Corporation, Revenue Analysis 157
12.6.1 Exxon Mobil Corporation, Revenue Analysis, Revenue by Segment 157
12.6.2 Exxon Mobil Corporation, Revenue Analysis, Revenue by Geography 157
12.7 Exxon Mobil Corporation, Financial and Operational Review 159
12.7.1 Exxon Mobil Corporation, Financial and Operational Review, Financial Statements 159
12.7.2 Exxon Mobil Corporation, Financial and Operational Review, Financial Ratios 160
12.8 Exxon Mobil Corporation, Operational Indicators 161
13 Financial Deals Landscape 162
13.1 Acquisition 162
13.1.1 PT. Bakrie & Brothers Acquires 40% In PT. Energi Mega Persada 162
13.1.2 Talisman Energy Acquires CNOOC Wiriagar Overseas From CNOOC 163
13.1.3 CNOOC To Acquire 50% Equity Interest In Husky Oil (Madura) From Husky 165
13.1.4 PT Energi Mega Persada To Acquire 75% In PT Mosesa Petroleum From PT Masagena Agung 166
13.2 IPO 168
13.2.1 PT Elnusa Completes Initial Public Offering Of $62.5 Million 168
13.3 Asset Transactions 169
13.3.1 Pan Orient Acquires 90% Working Interest In The 3,989 Square Kilometer Batu Gajah Production Sharing Contract 169
13.3.2 Harvest Natural Resources Acquires 47% Interest In Budong-Budong Production Sharing Contract From Tately Budong 171
13.3.3 PT Sarana Patra, PT Blora Patragas, PT Petro Gas And PT Asri Dharma Acquires 10% Interest In The Cepu Field From PT Pertamina And Exxon Mobil 172
14 Appendix 175
14.1 Methodology 175
14.1.1 Coverage 175
14.1.2 Secondary Research 176
14.1.3 Primary Research 176
14.1.4 Forecasts 177
14.1.5 Expert Panel Validation 180
14.2 Definitions 180
14.3 Unit Of Measure 181
14.4 Contact Us 181
14.5 About Global Markets Direct 181
14.6 Disclaimer 181

1.1 List of Tables
Table 1: Indonesia, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 18
Table 2: Indonesia, Historical and Forecasted Imports of Crude Oil And Exports, 1996-2020 20
Table 3: Indonesia, Historical and Forecasted Reserves of Crude Oil, 1996-2020 22
Table 4: Indonesia, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 26
Table 5: Indonesia, Historical and Forecasted Exports of Natural Gas, 1996-2020 28
Table 6: Indonesia, Historical and Forecasted Reserves of Natural Gas, 1996-2020 30
Table 7: Indonesia, Historical and Forecasted Coal Production And Consumption of Coal, 1996-2020 34
Table 8: Indonesia, Historical and Forecasted exports of Coal, 1996-2020 36
Table 9: Indonesia, Historical and Forecasted Electricity Generation Capacity, 1996-2020 41
Table 10: Indonesia, Historical and Forecasted Generation and Consumption of Electricity, 1996-2020 43
Table 11: Indonesia, Crude Oil and Natural Gas, Investment Credit, 2007 48
Table 12: Indonesia, Crude Oil and Natural Gas, Cost Recovery, 2007 49
Table 13: Indonesia, Crude Oil and Natural Gas, Profit Oil/Gas , 2007 49
Table 14: Indonesia, Crude Oil and Natural Gas, Depreciation Rates,2007 50
Table 15: Asia Pacific, Investment Benchmarking, Overall Country Rankings, April 2008 52
Table 16: Asia Pacific, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 53
Table 17: Asia Pacific, Investment Benchmarking, Oil and Gas Sector Performance, April 2008 55
Table 18: Asia Pacific, Investment Benchmarking, Economic Performance, April 2008 60
Table 19: Asia Pacific, Investment Benchmarking, Socio-Political Performance, April 2008 63
Table 20: Indonesia, Oil and Gas, Key Statistics, April 2008 65
Table 21: Indonesia, Total Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 68
Table 22: Indonesia, Total Crude Oil Production (MMBBLs), 2000-2007 69
Table 23: Indonesia, Total Natural Gas Production (BCF), 2000-2007 70
Table 24: Indonesia, Oil and Gas Asset Details, April 2008 71
Table 25: Indonesia, Oil and Gas Asset Details, April 2008 72
Table 26: Indonesia, Oil and Gas Asset Details, April 2008 (Cont' d) 73
Table 27: Indonesia, Oil and Gas Asset Details, April 2008 (Cont' d) 74
Table 28: Indonesia, Oil and Gas Asset Details, April 2008(Cont' d) 75
Table 29: Indonesia Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 75
Table 30: Indonesia Onshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 76
Table 31: Indonesia Onshore, Total Crude Oil Production (Barrels), by Assets, 2000-2012 (Cont' d) 77
Table 32: East Java, Total Natural Gas Production (MMCF), by Assets, 2000-2007 78
Table 33: Indonesia Offshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 78
Table 34: Indonesia Onshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 78
Table 35: Indonesia Onshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 (Cont' d) 79
Table 36: Indonesia, Oil and Gas Planned Production Assets Details, April 2008 80
Table 37: Indonesia, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 81
Table 38: Indonesia, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 (Cont' d) 82
Table 39: Indonesia, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 (Cont' d) 83
Table 40: Indonesia, Total Natural Gas Production (BCF), by Company, 2000-2007 84
Table 41: Indonesia, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 85
Table 42: Indonesia, Total Natural Gas Production (BCF), Forecast, 2008-2013 85
Table 43: Indonesia, Total Number of Active Exploration Blocks, 2000-2007 86
Table 44: Indonesia, Total Number of Exploration Blocks by Company, 2000-2007 87
Table 45: Indonesia, Total Number of Exploration Blocks by Company, 2000-2007 (Cont' d) 88
Table 46: Indonesia, Total Number of Exploration Blocks by Company, 2000-2007 (Cont' d) 89
Table 47: Indonesia, Oil and Gas Exploration Block Details, April 2008 90
Table 48: Indonesia, Oil and Gas Exploration Block Details, April 2008 (Cont' d) 91
Table 49: Indonesia, Oil and Gas Exploration Block Details, April 2008 (Cont' d) 92
Table 50: Indonesia, Oil and Gas Exploration Block Details, April 2008 (Contd.) 93
Table 51: Indonesia, Oil and Gas Exploration Block Details, April 2008 (Contd.) 94
Table 52: Indonesia, Oil and Gas Exploration Block Details, April 2008 (Cont' d) 95
Table 53: Indonesia, Oil and Gas Exploration Block Details, April 2008(Cont' d) 96
Table 54: Indonesia, Oil and Gas Planned Exploration Block Details, April 2008 97
Table 55: Indonesia, Asia-Pacific, Crude Distillation Unit Capacity (MMTPA), 2000-2012 98
Table 56: Indonesia, Asia-Pacific, Coking Unit Capacity (MMTPA), 2000-2012 99
Table 57: Indonesia, Asia-Pacific, Fluid Catalytic Cracking Unit Capacity (MMTPA), 2000-2012 99
Table 58: Indonesia, Asia-Pacific, Hydrocracking Unit Capacity (MMTPA), 2000-2012 99
Table 59: Indonesia, Crude Oil Pipelines, 2007 101
Table 60: Indonesia, Petroleum Product Pipelines, 2007 102
Table 61: Natural Gas Pipelines in Indonesia, 2007 103
Table 62: Natural Gas Pipelines in Indonesia, 2007 (Contd....) 104
Table 63: Indonesia, Asia Pacific, Liquefaction Capacity (Million Tonnes), 2000-2012 105
Table 64: Chevron Corporation, Key Facts, 2006 106
Table 65: Chevron Corporation, SWOT Analysis, 2006 116
Table 66: Chevron Corporation, Revenue by Segment, USD Million, 2002-2006 121
Table 67: Chevron Corporation, Revenue by Geography, USD Million, 2002-2006 122
Table 68: Chevron Corporation, Financial Statements, USD Million, 2002-2006 123
Table 69: Chevron Corporation, Financial Ratios, USD Million, 2002-2006 124
Table 70: Chevron Corporation Operational Indicators, 2002-2006 125
Table 71: TOTAL S.A., Key Facts, 2006 126
Table 72: TOTAL S.A., SWOT Analysis , 2006 131
Table 73: TOTAL S.A., Revenue by Segment, Euro Million, 2002-2006 135
Table 74: TOTAL S.A., Revenue by Geography, Euro Million, 2002-2006 136
Table 75: TOTAL S.A., Financial Statements, Euro Million, 2002-2006 137
Table 76: TOTAL S.A., Financial Ratios, Euro Million, 2002-2006 138
Table 77: TOTAL S.A. Operational Indicators, 2002-2006 139
Table 78: Exxon Mobil Corporation, Key Facts, 2007 140
Table 79: Exxon Mobil Corporation, SWOT Analysis , 2007 150
Table 80: Exxon Mobil Corporation, Revenue by Segment, USD Million, 2002-2006 157
Table 81: Exxon Mobil Corporation, Revenue by Geography, USD Million, 2002-2006 158
Table 82: Exxon Mobil Corporation, Financial Statements, USD Million, 2003-2007 159
Table 83: Exxon Mobil Corporation, Financial Ratios, USD Million, 2003-2007 160
Table 84: Exxon Mobil Corporation Operational Indicators, 2002-2006 161
Table 85: Brent Blend NYMEX Future Prices 179

1.2 List of Figures
Figure 1: Indonesia, Energy Sector break-up, 2007 16
Figure 2: Indonesia, Crude Oil Production And Consumption, Thousand Barrels Per Day, 1996-2020 19
Figure 3: Indonesia, Crude Oil Imports And Exports, Thousand Barrels Per Day, 2001-2020 21
Figure 4: Indonesia, Crude Oil Reserves, Million Barrels, 1996-2020 23
Figure 5: Indonesia, Natural Gas Production And Consumption, Billion Cubic Feet, 1996-2020 27
Figure 6: Indonesia, Natural Gas Exports, Billion Cubic Feet, 1996-2020 29
Figure 7: Indonesia, Natural Gas Reserves, Billion Cubic Feet, 1996-2020 31
Figure 8: Indonesia, Coal Production And Consumption, Million Tons, 1996-2020 35
Figure 9: Indonesia, Coal Exports, Million Tons, 1996-2020 37
Figure 10: Indonesia, Electricity Production by Fuel Type, 2007 39
Figure 11: Indonesia, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 51
Figure 12: Asia Pacific, Country Standings, Upstream Fiscal Attractiveness, April 2008 54
Figure 13: Asia Pacific, Country Standings, Oil and Gas Sector Performance, April 2008 56
Figure 14: Asia Pacific, Country Standings, Oil and Gas Sector Performance, April 2008 (Contd.) 57
Figure 15: Asia Pacific, Country Standings, Number of Active Exploration Blocks Made Active, April 2008 58
Figure 16: Asia Pacific, Country Standings, Economic Performance, April 2008 61
Figure 17: Asia Pacific, Country Standings, Socio-Political Performance, April 2008 63
Figure 18: Indonesia, Exploration and Production Assets Map, April 2008 66
Figure 19: Indonesia, Total Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 67
Figure 20: Indonesia, Total Crude Oil Production (MMBBLs), 2000-2007 69
Figure 21: Indonesia, Total Natural Gas Production (BCF), 2000-2007 70
Figure 22: Indonesia, Total Number of Active Exploration Blocks, 2000-2007 86
Figure 23: Chevron Corporation, Value Chain Analysis 112
Figure 24: TOTAL S.A., Value Chain Analysis 127
Figure 25: Exxon Mobil Corporation, Value Chain Analysis 147
Figure 26: Global Markets Direct Methodology 175