Belum tho.... - - - - ---- http://www.energyreview.net/StoryView.asp?StoryID=21507
Oil boss: Indonesia in danger of becoming importer within decade Wednesday, January 14, 2004 The head of Indonesia's oil and gas upstream regulatory body (BP Migas), Rachmat Sudibyo, has warned that Indonesia - OPEC's only SE Asian producer - runs the risk of becoming a net importer of oil in a decade's time. Failure to intensify oil and gas exploration and making the Indonesian consumer switch from oil to natural gas could see the unthinkable happen, says Sudibyo. According to Sudibyo, "The country needs new oil discoveries of between 400 million and 500 million barrels annually, which is the same amount of crude oil currently produced by the nation each year." "Every year, we need new crude oil discoveries equal to our current production rate to extend the lifespan of our oil reserves," he added. His solution is simple. Indonesia needs to boost oil exploration to find more oil. It also needs to "intensify its exploitation of aging oil fields. Such fields normally still contain oil but require advanced technology for its exploitation," said Sudibyo. Furthermore, he feels that is it "vital" that the country to reduce domestic oil consumption if it wants to remain a net oil exporter. According to his figures, around "70% of the country's oil production [is] now used to produce fuel products. Fuel oil consumption for transportation, electricity, industry and household use in 2003 reached 54.7 million kilolitres." Click here to read the rest of todays news stories. Santos Ltd A.B.N. 80 007 550 923 Disclaimer: The information contained in this email is intended only for the use of the person(s) to whom it is addressed and may be confidential or contain privileged information. If you are not the intended recipient you are hereby notified that any perusal, use, distribution, copying or disclosure is strictly prohibited. If you have received this email in error please immediately advise us by return email and delete the email without making a copy. --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] Visit IAGI Website: http://iagi.or.id IAGI-net Archive 1: http://www.mail-archive.com/iagi-net%40iagi.or.id/ IAGI-net Archive 2: http://groups.yahoo.com/group/iagi Komisi Sedimentologi (FOSI) : F. Hasan Sidi([EMAIL PROTECTED])-http://fosi.iagi.or.id Komisi SDM/Pendidikan : Edy Sunardi([EMAIL PROTECTED]) Komisi Karst : Hanang Samodra([EMAIL PROTECTED]) Komisi Sertifikasi : M. Suryowibowo([EMAIL PROTECTED]) Komisi OTODA : Ridwan Djamaluddin([EMAIL PROTECTED] atau [EMAIL PROTECTED]), Arif Zardi Dahlius([EMAIL PROTECTED]) Komisi Database Geologi : Aria A. Mulhadiono([EMAIL PROTECTED]) ---------------------------------------------------------------------
