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

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

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of the oil industry in Indonesia. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for the industry. It also provides information relating to the oil assets (oil fields, refineries, pipelines and storage terminals) in Indonesia. The report also analyses the fiscal regime relevant to the oil assets in Indonesia and compares the investment environment in Indonesia with other countries in the region. The profiles of the major companies operating in the oil sector in Indonesia together with the latest news and deals are also included in the report.

Scope

- Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for the oil industry for the period 1995-2020.
- Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in Indonesia Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 for the period 1995-2020.
- Operator and equity details for major oil assets in Indonesia Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020
- Key information relating to market regulations, key energy assets and the key companies operating in the Indonesia Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020’s oil industry.
- Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
- Information on the top companies in the Indonesia Oil Markets Investment Opportunities, Market Analysis and Forecasts to 2020 including business description, strategic analysis, and financial information.
- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
- Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

- Gain a strong understanding of the country’s energy market.
- Facilitate market analysis and forecasting of future industry trends.
- Evaluate the attractiveness of the geography for oil investment in the light of government policies and the fiscal environment.
- Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
- Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil assets.
- Assess your competitor’s major crude oil assets and their performance.
- Analyze the latest news and financial deals in the oil sector of each country.
- Develop strategies based on the latest operational, financial, and regulatory events.
- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
- Identify and analyze the strengths and weaknesses of the leading companies in the country.

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Indonesia Energy Sector 11
2.1 Indonesia Energy Sector, Market Overview 11
2.2 Indonesia Energy Sector, Market Overview 12
2.2.1 Indonesia Crude Oil, Overview 12
2.2.2 Indonesia Crude Oil, Supply and Demand Balance 12
2.2.3 Indonesia Crude Oil, Regulatory Structure 19
2.2.4 Indonesia Crude Oil, Infrastructure 20
3 Indonesia Fiscal Regime 21
3.1 Indonesia Petroleum Fiscal Environment 21
3.2 License Terms 22
3.3 Key Fiscal Terms 23
3.4 Sample Cashflows Calculations 26
4 Indonesia Exploration and Production Sector 27
4.1 Indonesia Exploration and Production Sector, Country Snapshot 27
4.1.1 Indonesia Exploration and Production Sector, Key Data 27
4.1.2 Indonesia Exploration and Production Sector, Crude Oil Assets Map 27
4.2 Indonesia Exploration and Production Sector, Gross Crude Oil Production 28
4.2.1 Indonesia Exploration and Production Sector, Gross Crude Oil-Historical Production 28
4.2.2 Indonesia Exploration and Production Sector, Gross Crude Oil Production by Assets 29
4.2.3 Indonesia Exploration and Production Sector, Gross Equity Weighted Crude Oil Production by Company 31
4.2.4 Indonesia Exploration and Production Oil Sector, Market Share (%) based on Gross Equity Weighted Crude Oil Production 33
4.3 Indonesia Exploration and Production Sector, Gross Crude Oil Forecasts 35
4.3.1 Indonesia Exploration and Production Sector, Gross Crude Oil Forecasted Production 35
4.3.2 Indonesia Exploration and Production Sector, Gross Revenue Forecast 37
4.3.3 Indonesia Exploration and Production Sector, Government Take Forecast 39
4.3.4 Indonesia Exploration and Production Sector, Contractor Take Forecast 40
4.4 Indonesia Exploration And Production Sector, Crude Oil Asset Details 42
4.4.1 Indonesia Exploration And Production Sector, Crude Oil Asset Details 42
5 Indonesia Pipeline Sector 43
5.1 Indonesia Pipeline Sector, Key Data 43
5.2 Indonesia Pipeline Sector, an Overview 43
5.3 Indonesia Pipeline Sector, Comparision of Key Crude Oil Pipeline Companies 43
5.4 Indonesia Pipeline Sector, Comparision of Key Petroleum Product Pipeline Companies 44
5.5 Indonesia Pipeline Sector, Crude Oil Pipelines 45
5.6 Indonesia Pipeline Sector, Petroleum Product Pipelines 46
6 Indonesia Refining Sector 47
6.1 Indonesia Refining Sector, Key Data 47
6.2 Indonesia Refining Sector, An Overview 47
6.2.1 Indonesia Refining Sector, Total Refining Capacity 47
6.3 Indonesia Refining Sector, Capacity- Wise Market Share by Company 48
6.4 Indonesia Refining Sector, Crude Distillation Unit Capacity 49
6.5 Indonesia Refining Sector, Coking Capacity 49
6.6 Indonesia Refining Sector, Fluid Catalytic Cracking Capacity 50
6.7 Indonesia Refining Sector, Hydrocracking Capacity 50
7 Indonesia Oil and Chemicals Storage Sector 51
7.1 Indonesia Oil and Chemicals Storage Sector, Key Data 51
7.2 Indonesia Oil and Chemicals Storage Sector, An Overview 51
7.2.1 Indonesia Oil and Chemicals Storage Sector, Total Storage Capacity 51
7.3 Indonesia Oil and Chemicals Storage Sector, Capacity-Wise Market Share By Company 52
7.4 Indonesia Oil and Chemicals Storage Sector, Storage Capacity 54
8 Profile of Chevron Corporation 60
8.1 Chevron Corporation, Key Information 60
8.2 Chevron Corporation, Company Overview 60
8.3 Chevron Corporation, Business Description 60
8.3.1 Chevron Corporation, Business Description, Overview 60
8.3.2 Chevron Corporation, Business Description, Chemicals 61
8.3.3 Chevron Corporation, Business Description, Downstream Segment 62
8.3.4 Chevron Corporation, Business Description, Others Segment 63
8.3.5 Chevron Corporation, Business Description, Upstream Segment 64
8.4 Chevron Corporation, Value Chain Analysis 66
8.4.1 Chevron Corporation, Value Chain Analysis, Upstream 66
8.4.2 Chevron Corporation, Value Chain Analysis, Midstream 68
8.4.3 Chevron Corporation, Value Chain Analysis, Retail 68
8.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 69
8.4.5 Chevron Corporation, Value Chain Analysis, Transformation 70
8.5 Chevron Corporation, SWOT Analysis 70
8.5.1 Chevron Corporation, SWOT Analysis, Overview 70
8.5.2 Chevron Corporation, SWOT Analysis, Strengths 71
8.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 72
8.5.4 Chevron Corporation, SWOT Analysis, Opportunities 73
8.5.5 Chevron Corporation, SWOT Analysis, Threats 74
8.6 Chevron Corporation, Revenue Analysis 75
8.6.1 Chevron Corporation, Revenue by Segment 76
8.6.2 Chevron Corporation, Revenue by Geography 76
8.7 Chevron Corporation, Financial and Operational Review 77
8.7.1 Financial Statements 77
8.7.2 Financial Ratios 78
9 Profile of PT Pertamina (Persero) 79
9.1.1 Profile of PT Pertamina (Persero), Key Information 79
9.2 PT Pertamina (Persero), Company Overview 79
9.3 PT Pertamina (Persero), Business Description 79
9.3.1 PT Pertamina (Persero), Business Description, Business Overview 79
9.4 PT Pertamina (Persero), Major Products and Services 81
9.4.1 PT Pertamina (Persero), Major Products and Services, Overview 81
9.5 PT Pertamina (Persero), SWOT Analysis 83
9.5.1 PT Pertamina (Persero), SWOT Analysis, Overview 83
9.5.2 PT Pertamina (Persero), SWOT Analysis, Strengths 83
9.5.3 PT Pertamina (Persero), SWOT Analysis, Weaknesses 84
9.5.4 PT Pertamina (Persero), SWOT Analysis, Opportunities 84
9.5.5 PT Pertamina (Persero), SWOT Analysis, PT Pertamina (Persero) Threats 85
10 Profile of Total S.A. 86
10.1 Total S.A., Key Information 86
10.2 Total S.A., Company Overview 86
10.3 Total S.A., Business Description 86
10.3.1 Total S.A., Business Description, Business Overview 86
10.3.2 Total S.A., Business Description, Chemicals 87
10.3.3 Total S.A., Business Description, Downstream 88
10.3.4 Total S.A., Business Description, Upstream 89
10.3.5 Total S.A., Business Description, Major Products and Services 90
10.4 Total S.A., Value Chain Analysis 92
10.4.1 Total S.A., Value Chain Analysis, Upstream 92
10.4.2 Total S.A., Value Chain Analysis, Midstream 93
10.4.3 Total S.A., Value Chain Analysis, Downstream 94
10.4.4 Total S.A., Value Chain Analysis, Retail 95
10.5 Total S.A., SWOT Analysis 96
10.5.1 Total S.A., SWOT Analysis, Overview 96
10.5.2 Total S.A., SWOT Analysis, Strengths 96
10.5.3 Total S.A., SWOT Analysis, Weaknesses 97
10.5.4 Total S.A., SWOT Analysis, Opportunities 98
10.5.5 Total S.A., SWOT Analysis, Threats 99
10.6 Total S.A., Revenue Analysis 100
10.6.1 Total S.A., Revenue by Segment 100
10.6.2 Total S.A., Revenue by Geography 100
10.7 Total S.A., Financial and Operational Review 102
10.7.1 Financial Statements 102
10.7.2 Financial Ratios 103
11 Financial Deals Landscape 104
11.1 Detailed Deal Summary 104
11.1.1 Acquisition 104
11.1.2 Equity Offerings 105
11.1.3 Partnerships 105
11.1.4 Asset Transactions 107
12 Recent Developments 120
12.1 License Awards 120
12.1.1 Mar 31, 2009: GeoPetro Resources Wins Approval For Bengara-II Block From Indonesia 120
12.1.2 Jan 08, 2009: ExxonMobil Submits Development Plan For Natuna D-Alpha Gas Field In Indonesia 121
12.1.3 Jan 08, 2009: INPEX Wins Approval To Construct $19.6 Billion LNG Plant In Indonesia 122
12.1.4 Dec 22, 2008: GeoPetro Wins Approval To Assess Bengara-II Block Commerciality In 2009 123
12.1.5 Nov 18, 2008: Niko Receives New Exploration Block In Indonesia 123
12.2 Strategy and Business Expansion 124
12.2.1 Mar 25, 2009: Premier Oil Sets To Start Work In Vietnam 124
12.2.2 Mar 18, 2009: PTTEP Quits Exploration Projects In Indonesia And Bangladesh 124
12.2.3 Mar 17, 2009: Pertamina To Select Partners For Natuna D-Alpha Block In Indonesia 125
12.2.4 Mar 08, 2009: Petros, Nuansa Group Sign MoU For Oil Extraction Technologies 126
12.2.5 Feb 18, 2009: Arrow Energy And PT Medco Sign HoA To Explore For And Develop CBM In South Sumatra, Indonesia 126
12.3 Recent Discoveries 127
12.3.1 Mar 23, 2009: Santos Announces Gas Discovery At Peluang-1 Well In Indonesia 127
12.3.2 Jun 30, 2008: GPI Hits Crude Oil In Indonesia 127
12.3.3 May 22, 2008: CITIC Resources Announces New Oil Discovery In Oseil Oilfield, Indonesia 128
12.4 Drilling and Production Updates 129
12.4.1 Mar 20, 2009: Total To Limit Production Level In Delta Mahakam Gas Exploration Site, Indonesia 129
12.4.2 Mar 12, 2009: Anadarko Petroleum Plans To Drill Exploration Wells In Indonesia And China 129
12.4.3 Jan 29, 2009: Clough Updates On Separi Block Coal Concession In Santan Batubara, Borneo 130
12.5 Financial Announcements 130
12.5.1 Aug 29, 2008: ENRG Declares 1H 2008 Results 130
12.5.2 Apr 30, 2008: ENRG Reports 1Q 2008 Results 132
12.6 Other Significant Developments 132
12.6.1 Mar 30, 2009: Indonesia To Build LNG Floating Receiving Terminal In North Sumatra 132
12.6.2 Mar 30, 2009: Indonesia To Delay Delivery Of LNG From Tangguh Plant To June 2009 133
12.6.3 Mar 23, 2009: Serica Energy Provides Operations Update 133
12.6.4 Mar 21, 2009: Indonesia To Supply Eight LNG Cargoes To Domestic Fertilizer Plant 134
12.6.5 Mar 20, 2009: CBM Asia Development Begins Study On Kutai Block In Indonesia 135
12.7 New Contracts Announcements 135
12.7.1 Feb 17, 2009: Total Signs HoA With Japanese Buyers For LNG Sales 135
12.7.2 Dec 04, 2008: Black & Veatch Consortium Wins FEED Contract For LNG Facilities In Indonesia 135
13 Appendix 137
13.1 Methodology 137
13.1.1 Coverage 138
13.1.2 Secondary Research 138
13.1.3 Primary Research 139
13.1.4 E&P Forecasts 139
13.1.5 Midstream Forecasts 141
13.1.6 Expert Panel Validation 141
13.2 Contact Us 141
13.3 About GlobalData 141
13.4 Disclaimer 142

1.1 List of Tables
Table 1: Indonesia, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 13
Table 2: Indonesia, Historical and Forecasted Import of Crude Oil And Export, 1996-2020 16
Table 3: Indonesia, Historical Reserves of Crude Oil, 1996-2008 18
Table 4: Indonesia, Crude Oil and Natural Gas, Investment Credit, 2007 23
Table 5: Indonesia, Crude Oil and Natural Gas, Cost Recovery, 2007 24
Table 6: Indonesia, Crude Oil and Natural Gas, Profit Oil/Gas , 2007 24
Table 7: Indonesia, Crude Oil and Natural Gas, Depreciation Rates,2007 25
Table 8: Indonesia, Crude Oil Key Statistics, 2008 27
Table 9: Indonesia, Total Gross Crude Oil Production (MMBBLs), 2001-2008 28
Table 10: Indonesia, Gross Crude Oil Production (MMBBLs), by Assets, 2001-2008 29
Table 11: Indonesia, Gross Equity Weighted Crude Oil Production (MMBBLs), by Company, 2001-2008 31
Table 12: Indonesia, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2001-2008 33
Table 13: Indonesia, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 35
Table 14: Indonesia, Gross Crude Oil Production (MMBBLs), Forecast by Assets, 2009-2014 (contd.) 36
Table 15: Indonesia, Forecasted Assets-wise Gross Revenue(000'$), 2009-2014 37
Table 16: Indonesia, Forecasted Assets-wise Gross Revenue(000'$), 2009-2014 (contd.) 38
Table 17: Indonesia, Projected Assets-wise Total Government Take (000'$), 2009-2014 39
Table 18: Indonesia, Projected Assets-wise Total Government Take (000'$), 2009-2014 (contd.) 40
Table 19: Indonesia, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 40
Table 20: Indonesia, Projected Assets-wise Total Contractor Take (000'$), 2009-2014 (contd.) 41
Table 21: Indonesia, Oil Field Assets Details 42
Table 22: Indonesia, Pipeline Key Statistics, 2008 43
Table 23: Indonesia, Crude Oil Pipeline Length by Company (Km), 2008 43
Table 24: Indonesia, Petroleum Product Pipeline Length by Company (Km), 2008 44
Table 25: Indonesia, Crude Oil Pipelines, 2008 45
Table 26: Indonesia, Petroleum Product Pipelines, 2008 46
Table 27: Indonesia, Refinery Key Statistics, 2008 47
Table 28: Indonesia, Total Refining Capacity (MMTPA), 2000- 2013 47
Table 29: Indonesia, Refining Capacity Company-wise (MMTPA), 2000-2013 48
Table 30: Indonesia, Crude Distillation Unit Capacity (MMTPA), 2000-2013 49
Table 31: Indonesia, Coking Unit Capacity (MMTPA), 2000-2013 49
Table 32: Indonesia, Fluid Catalytic Cracking Unit Capacity MMTPA), 2000-2013 50
Table 33: Indonesia, Hydrocracking Unit Capacity (MMTPA), 2000-2013 50
Table 34: Indonesia, Oil Storage Key Statistics, 2008 51
Table 35: Indonesia , Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 51
Table 36: Indonesia, Oil and Chemicals Storage Capacity Company-wise (Thousand M3), 2000-2013 52
Table 37: Indonesia Storage Capacity (Thousand M3), 2000-2013 54
Table 38: Indonesia Storage Capacity (Thousand M3), 2000-2013 (contd.) 55
Table 39: Indonesia Storage Capacity (Thousand M3), 2000-2013 (contd.) 56
Table 40: Indonesia Storage Capacity (Thousand M3), 2000-2013 (contd.) 57
Table 41: Indonesia Storage Capacity (Thousand M3), 2000-2013 (contd.) 58
Table 42: Indonesia Storage Capacity (Thousand M3), 2000-2013 (contd.) 59
Table 43: Chevron Corporation, Key Facts 60
Table 44: Chevron Corporation, SWOT Analysis 71
Table 45: Chevron Corporation, Revenue by Segment, USD Million, 2003-2007 76
Table 46: Chevron Corporation, Revenue by Geography, USD Million, 2003-2007 76
Table 47: Chevron Corporation, Financial Statements, USD Million, 2003-2007 77
Table 48: Chevron Corporation, Financial Ratios, USD Million, 2003-2007 78
Table 49: PT Pertamina (Persero), Key Facts 79
Table 50: PT Pertamina (Persero), SWOT Analysis 83
Table 51: TOTAL S.A., Key Facts 86
Table 52: TOTAL S.A., SWOT Analysis 96
Table 53: TOTAL S.A., Revenue by Segment, Euro Million, 2003-2007 100
Table 54: TOTAL S.A., Revenue by Geography, Euro Million, 2003-2007 101
Table 55: TOTAL S.A., Financial Statements, Euro Million, 2003-2007 102
Table 56: TOTAL S.A., Financial Ratios, Euro Million, 2003-2007 103

1.2 List of Figures
Figure 1: Indonesia, Energy Sector break-up, 2008 11
Figure 2: Indonesia, Crude Oil Production And Consumption, Thousand Barrels Per Day, 1996-2020 14
Figure 3: Indonesia, Crude Oil Imports And Exports, Thousand Barrels Per Day, 2001-2020 17
Figure 4: Indonesia, Crude Oil Reserves, Million Barrels, 1996-2008 19
Figure 5: Indonesia, Crude Oil Assets Map, 2008 27
Figure 6: Indonesia, Total Gross Crude Oil Production (MMBBLs), 2001-2008 28
Figure 7: Indonesia, Gross Equity Weighted Crude Oil Production (MMBBLs),by Company, 2001-2008 33
Figure 8: Indonesia, Market Share (%) based on Gross Equity Weighted Crude Oil Production, 2008 34
Figure 9: Indonesia, Crude Oil Pipeline Length by Company (Km), 2008 44
Figure 10: Indonesia, Total Refining Capacity (MMTPA), 2000- 2013 48
Figure 11: Indonesia, Total Oil and Chemicals Storage Capacity (Thousand M3), 2000- 2013 52
Figure 12: Indonesia, Oil and Chemicals Storage Capacity Company-wise (Thousand M3), 2000-2013 53
Figure 13: Chevron Corporation, Value Chain Analysis 66
Figure 14: TOTAL S.A., Value Chain Analysis 92
Figure 15: GlobalData Methodology 138