• Country report

• Nov 2008

Energy Policy Review of Indonesia

…governance and financial reforms. After the Asian financial crisis of 1997-99, Indonesia’s economy has returned to a strong and stable 5-6% annual growth. Over recent decades, its resource wealth, openness to trade and investment, and a strategically favourable location in East Asia have made Indonesia a key global exporter of oil, gas, and coal. However, Indonesia now faces the serious challenge of fast-rising domestic energy demand with declining oil and gas production. The country’s energy policy makers are looking closely at domestic energy requirements and best policies to meet these needs. This includes moving prices…