August 2012 Newsletter
Dear IPA Members.
On this joyous occasion for all Moslems around the world and behalf of the IPA Board of Directors, i would like to take this opportunity to wish all of our Moslem members a "Selamat Hari Raya Idul Fitri, Mohon Maaf Lahir dan Bathin." May you have a very happy and peaceful Eid.
We will soon be entering the last quarter of this year and many activities have been conducted by the IPA since the beginning of this year which you can read about in this 5th edition of the IPA Newsletter.
The 36th IPA Convention and Exhibition 2012 was completed with great success. Thanks are due to all members of the Convention Committee who have worked very hard to make this event a success and also to all participants from the government and industry who have participated in the exhibition, technical programs and other activities of this convention. I would also like to convey my congratulations to all of the winners at this event: Best Booths, Best Oral Presentations, Best Poster Awards and Best Pictures in the 1st IPA Photography Competition. Congratulations on your great achievement!
The 36th IPA Convention and Exhibition achieved its objectives of holding an open and frank dialogue between all stakeholders and providing a platform for the government and industry to discuss the challenges to meet the country’s energy needs. The industry is ready to invest billions of dollars to achieve the national production target and to increase oil and gas reserves but to enable this investment to be realized, a stable investment and regulatory environment is needed which, in turn, will drive the economic growth of the country.
The message that the IPA wanted to convey at this convention was that to meet Indonesia’s growing energy needs, it is important that there is increased collaboration between the government and all stakeholders. It is the IPA’s continuous hope that in line with the spirit of Presidential Instruction No. 2 Year 2012, the government and industry can work together in consultation, cooperation and coordination in a spirit of true partnership to develop Indonesia’s energy resources for the benefit of Indonesia and its people.
As Exploration is the future of the oil and gas industry in Indonesia, the IPA jointly organized an Exploration Forum with the Directorate General of Oil and Gas on July 10, 2012 to discuss how to increase exploration investment, activity and performance. You may read the summary of key points and recommendations that resulted from the forum in this newsletter. It is envisaged that follow up meetings will be convened for further discussion and drafting of proposals on key issues.
To continue with a tradition which was started last year, the IPA held a Buka Puasa with all stakeholders on August 7, 2012. On this auspicious occasion, the IPA took the opportunity to continue its “IPA Care Program” by giving support to “Sekolah Kami”, a school dedicated for scavenger and disadvantaged children located in the Bekasi area. A donation was symbolically handed over by the IPA to Ibu Irina Amongpradja, the principal of the school, to provide funds to renovate the school facilities.
Dear IPA Members, I wish you an informative and enjoyable reading of this newsletter and hope our industry will continue to prosper and grow for the benefit of Indonesia, its people and all stakeholders.
