Publications

PricewaterhouseCoopers Indonesia (PwC) has released its fifth biennial survey of the Indonesian oil and gas sector, “Staring down the barrel – Investor survey of the Indonesian oil and gas industry”. The survey responses come from companies representing approximately 75% of Indonesia’s current petroleum production. The objective of the survey is to highlight contributions of the oil and gas industry to the Indonesian economy and the issues preventing full realization of benefits for all stakeholders. Overall, survey participants indicated that Indonesia is still regarded as attractive, however the “shine” seems to be wearing off. We already reported this downward trend in our 2010 survey. However, we have noted a general shift in survey participants’ sentiment, as their perception of the industry seems to be less optimistic, which is not good for investment.