"Policies & Strategies to Gear up Oil & Gas Production"

"Six oil and gas upstream projects and facilities, requiring a total investment of US$908.9 million, are expected to commence soon, the regulator BPMigas said."
~ The Jakarta Post, 21 Jan 2010

According to World Bank economist Timothy Bulman, Indonesia's economy is almost ready to return to the boom condition prior to the 1998 financial crisis. He also suggested for Indonesia to create a more conducive investment climate to attract both foreign and local investors so that investment activities could contribute more significantly to Indonesia's economic growth.

In the upstream sector, the year started with a positive note such as project commencement news from BPMigas that gas production projects from Tunu, Seturian and Oyong, oil treatment facility and a LNG facility in Gresik will come on stream in the coming months. And to flag for more investment in the energy sector, the Indonesian government announced to scrap curbs on the cost recovery scheme for exploration and production related expenses. What other fiscal and taxation changes will be made to accelerate the growth of hydrocarbons production in Indonesia? What are the latest oil & gas blocks available for tenders?

Growth in natural gas production superceded that of crude oil in Indonesia, and the production will be augmented by the coalbed methane resource that the country is endowed with. This will enable the country to meet its long term LNG export contract. Yet, domestic gas demand has increased, since PLN switch from petroleum fuels to natural gas and coal to feed it power plants. With this demand surge, Indonesia's Pertamina is now seeking partnership to build a LNG receiving terminal to meet this growing domestic need. Demand for petroleum fuels have increased multifold that new refining capacity has to be added in Indonesia to reduce the dependency on imports.

To assess the opportunities available in Indonesia's oil and gas sector, attend CMT's 3rd IndoOGP Summit. This conference offers top industry panel, regulators and market players to assess opportunities, discuss issues and challenges ahead. Mark your calendar to be at this premier gathering to network and forge lasting business opportunities.

Attend CMT's 3rd IndoOGP to:

• Meet and Interact with KEY officials from MEMR, BPMigas, BPHMigas
• Unfold key changes with the E&P policy & PSC terms for upstream oil, gas (incl. CBM)
• Latest on oil & gas block available for tenders
• Evaluate the various funding options available & how your project can be financed
• Assess the opportunities from domestic gas demand versus LNG export
• Cross examine the legal impacts of the new regulatory policy on your business ventures
• Grasp the potential of Floating LNG in Indonesia
• Find out the incremental growth of domestic fuels market & potential for more imports
• Be updated on Kerosene to LPG program & how private sector can participate in the LPG distribution
• Access to more than 8 hours of networking opportunities with key stakeholders including oil/gasl producers, government officials, oil companies, financiers & etc.

Sign up with your team to enjoy attractive group discount. Register online @ www.cmtevents.com with your team.

You will network with

National Oil Companies, Independent Oil & Gas Companies, Government & Regulator Officials,
Refining Companies, Petrochemicals Companies, Geothermal Project Developers, CBM Project Developers,
Biofuels Companies, Power Generation Companies, Electricity Retailers, Utilities Companies,
Additives and Catalyst Companies, EPC Companies, Process Engineering Companies, Storage & Terminal Companies,
Project Financiers, Legal Counselors, Taxation Services Companies, Energy Authorities