Regulatory reform in the Indonesian Natural Gas Market

Aldi Hutagalung; Maarten Arentsen; Jon Lovett

Regulatory reform in the Indonesian Natural Gas Market

Aldi Hutagalung, Maarten Arentsen, Jon Lovett

Research output: Contribution to conference › Paper › Academic

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Abstract

This paper analyses the problems and dilemmas Indonesia is facing in the upstream and downstream segments of the gas market and the remedies suggested and practiced in Indonesia to mitigate the problems. Indonesia is a country gifted with natural resources, including natural gas and oil. The exploitation of both of these energy resources has given rise to a large oil and gas industry and resulting in Indonesia becoming a leading world LNG producer. However, prospects for Indonesian gas are changing due to the country’s natural gas policy in 2001. Implications of this policy change have become more visible and demonstrate the difficulties Indonesia is facing with respect to the national management of this natural resource. Indonesia is in a way trapped: the country possesses a tremendous natural resource without being able to get the full benefit out of it for the benefit of the country’s economic prosperity.

Original language	English
Number of pages	16
Publication status	Published - 25 Nov 2011
Event	4th Annual Conference on Competition and Regulation in Network Industries, CRNI 2011: Europe and beyond - Brussels, Belgium Duration: 25 Nov 2011 → 25 Nov 2011 Conference number: 4

Conference

Conference	4th Annual Conference on Competition and Regulation in Network Industries, CRNI 2011
Abbreviated title	CRNI 2011
Country	Belgium
City	Brussels
Period	25/11/11 → 25/11/11

Keywords

METIS-281929
Natural Gas
gas market reform
gas market regulation
natural
institutional and economical barriers in regulatory reform
Indonesian gas market

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title = "Regulatory reform in the Indonesian Natural Gas Market",

abstract = "This paper analyses the problems and dilemmas Indonesia is facing in the upstream and downstream segments of the gas market and the remedies suggested and practiced in Indonesia to mitigate the problems. Indonesia is a country gifted with natural resources, including natural gas and oil. The exploitation of both of these energy resources has given rise to a large oil and gas industry and resulting in Indonesia becoming a leading world LNG producer. However, prospects for Indonesian gas are changing due to the country{\textquoteright}s natural gas policy in 2001. Implications of this policy change have become more visible and demonstrate the difficulties Indonesia is facing with respect to the national management of this natural resource. Indonesia is in a way trapped: the country possesses a tremendous natural resource without being able to get the full benefit out of it for the benefit of the country{\textquoteright}s economic prosperity.",

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note = "4th Annual Conference on Competition and Regulation in Network Industries, CRNI 2011 : Europe and beyond, CRNI 2011 ; Conference date: 25-11-2011 Through 25-11-2011",

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AU - Hutagalung, Aldi

AU - Arentsen, Maarten

AU - Lovett, Jon

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Y1 - 2011/11/25

N2 - This paper analyses the problems and dilemmas Indonesia is facing in the upstream and downstream segments of the gas market and the remedies suggested and practiced in Indonesia to mitigate the problems. Indonesia is a country gifted with natural resources, including natural gas and oil. The exploitation of both of these energy resources has given rise to a large oil and gas industry and resulting in Indonesia becoming a leading world LNG producer. However, prospects for Indonesian gas are changing due to the country’s natural gas policy in 2001. Implications of this policy change have become more visible and demonstrate the difficulties Indonesia is facing with respect to the national management of this natural resource. Indonesia is in a way trapped: the country possesses a tremendous natural resource without being able to get the full benefit out of it for the benefit of the country’s economic prosperity.

AB - This paper analyses the problems and dilemmas Indonesia is facing in the upstream and downstream segments of the gas market and the remedies suggested and practiced in Indonesia to mitigate the problems. Indonesia is a country gifted with natural resources, including natural gas and oil. The exploitation of both of these energy resources has given rise to a large oil and gas industry and resulting in Indonesia becoming a leading world LNG producer. However, prospects for Indonesian gas are changing due to the country’s natural gas policy in 2001. Implications of this policy change have become more visible and demonstrate the difficulties Indonesia is facing with respect to the national management of this natural resource. Indonesia is in a way trapped: the country possesses a tremendous natural resource without being able to get the full benefit out of it for the benefit of the country’s economic prosperity.

KW - METIS-281929

KW - Natural Gas

KW - gas market reform

KW - gas market regulation

KW - natural

KW - institutional and economical barriers in regulatory reform

KW - Indonesian gas market

M3 - Paper

T2 - 4th Annual Conference on Competition and Regulation in Network Industries, CRNI 2011

Y2 - 25 November 2011 through 25 November 2011

ER -