Why Exhibit at Indo Oil & Gas 2010 (IGEX)?

Indonesia’s Status As One Of Asia’s Largest Oil & Gas Producer

Indonesia is ranked as one of the largest Oil & Gas producers in Asia and holds the record as the world’s largest exporter of LNG gas and for being home to the second largest LNG facility (Managed by PT Badak) in the world. It also holds one of the largest CBM reserves with a potential 453 trillion cubic feet ("Tcf"), and ranks eighth in the international gas production arena.


New Oil & Gas Projects Worth USD $908.9 Inaugurated in 2010

Indonesia's upstream oil and gas supervisory agency BP Migas said five oil and gas projects worth US $908.9 million will be inaugurated in the first week of February 2010 The five projects will produce 25,000 barrels of oil per day, 745 million cubic feet of gas per day, and 6,000 barrels of liquefied petroleum gas (LPG) per day.

Indonesia Unveils Plan Which Will Attract More Than USD 32 Billion In Investments For Oil & Gas Facilities

Indonesia unveiled a long-term oil and gas management plan to attract $32 billion in investments for oil and gas facilities in 2010-14. About 70% of the spending budget is targeted for investment in gas facilities, including LNG and LPG refineries, receiving terminals, and residential pipeline networks. The remaining 30% is for oil facilities, including refineries and rigs. In 2010, Indonesia is aiming at $2.94 billion in oil and gas investment.

Construction Of More Natural Gas Plants By 2011

In 2011, Indonesia plans to construct five natural gas plants: Blok A in Nanggroe Aceh Darussalam, Jambi Merang in Jambi, Randublatung in Central Java, Gajah Baru in Natuna, and Kepodang in East Java. To process the gas from the rigs, Indonesia plans to construct LNG and LPG refineries, with a total investment of $3.65 billion during the 2010-14. Oil rigs and refineries will also be constructed in 2010-14 at a total investment of $3 billion and $6.52 billion, respectively. In January 2010, Indonesia urged gas producers in the country to maintain production or produce more gas to meet rising demand from domestic and overseas markets.