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    Indonesia May See 15 Oil, Gas Projects On Stream This Year

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Summary

Indonesia’s upstream oil and gas regulator BPMigas expects 15 oil and gas projects to commence this year.

by: Shardul

Posted in:

Asia/Oceania

Indonesia May See 15 Oil, Gas Projects On Stream This Year

Indonesia’s upstream oil and gas regulator BPMigas expects 15 oil and gas projects to commence this year.

The upcoming projects are likley to boost national gas production by 1.157 BSCFD and 32,500 barrels of oil per day.

The regulator has said that most of these projects are expected to come on stream by middle of this year and will add 400 MMSCFD of gas and 15,000 bpd of oil for the whole of 2012.