Outlook For Indonesia's Upstream Sector Remains Bleak
2020-2-14u2002·u2002Indonesia's oil and gas output are both expected to contract substantially over the coming years, as mature existing assets decline and the pace of new project sanctions fails to keep up. The government's output targets for 2020 are conservative at 730,000b/d for oil and 63.8bcm for gas, down 6% and 12%, respectively, from previous year's ...
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