Asia Days 2013Opportunities within the oil and gas sector of Indonesia

1

Current status: Oil & Gas, Indonesia• Oil production is declining/flattening out

• Indonesia is a already a net importer of oil

• Increased demand for EOR in the mature Western oilfield

• Increased demand for exploration on deep sea of the Eastern

Indonesian basins

• Huge conventional and unconventional gas resources

• Increased focus on utilizing the gas resources, both for export

income and domestic development

• Huge plans for domestic use of natural gas

• The economic growth boosts the energy consumption

• Establishment of FSRU unitsis taking place for supplying existing

pipelines Java/Sumatra

2

Opportunities: Oil & Gas, Indonesia• EOR technology and expertise on mature Western oilfield

• Increased O&M market on mature oilfield installations

• Technology and expertise for deep sea exploration & production and for

utilizing unconventional gas resources

• Offshore supply chains for oil & gas activity

• LNG production facilities (both small and big scale production)

• Additional FSRU-units and infrastructure and logistic chains for distribution of

natural gas – both LNG/CNG

• Technology and expertise for industrial use of natural gas in smelters fertilizers

etc.

• Plans for using natural gas for power production

• Conversion of vehicles to run on natural gas

3

4

Innovation Norway, Indonesia

Mr. Ole Schanke EikumDirector and Commercial CounsellorMobile: +62 811 1095 870 Email: Ole.Schanke.Eikum@innovationnorway.no

Ms. Peggy GasperszSenior AdvisorMobile: +62 811 1838 165Email: Peggy.Gaspersz@innovationnorway.no

OfficeMenara Rajawali 20th FloorJl. DR Ide Anak Agung Gde Agung Lot #5.1Kawasan Mega KuninganJakarta 12950, The Republic of Indonesia

Ms. Priscillia Marie TanumihardjaMarket AdvisorMobile: +62 813 1702 9952Email: Priscillia.Maria.Tanumihardja@innovationnorway.no

Appendix

5

6Source: World Bank Database

Annual growth of GDP and household expenditure for Indonesia

Strong domestic demand has become the country’s key economic driver

Indonesia got the fossile resources

7

FOSSIL ENERGYRESOURCES

(SD)RESERVES

(CAD)

RATIO SD/CAD

(%)

PRODUCTION(PROD)

RASIO CAD/PROD

(YEAR)*)

1 2 3 4 = 3/2 5 6 = 3/5

Oil (billion barrel) 56.6 7.99 **) 14 0.346 23

Gas (TSCF) 334.5 159.64 51 2.9 55

Coal (billion ton) 104.8 20.98 18 0.254 83

Coal Bed Methane/CBM (TSCF)

453 - - - -

*) with assumption there is no new found

**) Cepu Block is included

Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

RI’s oil and gas production profile

8Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

RI’s gas utilization 2011

9Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

Coal Bed Methane Resources

10Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

Indonesia’s shale gas potential

11Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

Infrastructure Gas Development

12Source: Ministry of Energy and Mineral Resources at IndoGAS 2013

Electricity production in Indonesia

13Source: World Bank Database

Outlook Indonesia’s electricity sector

14

• Expected increased electricity consumption from todays

170TWh to 375TWh in 2020

Source: OGEASIA January 2013 and IndoGas2013

Outlook Indonesia’s electricity sector

Source: OGEASIA January 2013