The Indonesian Petroleum Association (IPA) will hold its 35th IPA Convention and Exhibition on 18-20 May 2011 at the Jakarta Convention Center, carrying the theme “Indonesia Energy: Growth, Security and Sustainability.”
The Indonesian Petroleum Association (IPA) will hold its 35th IPA Convention and Exhibition on 18-20 May 2011 at the Jakarta Convention Center, carrying the theme “Indonesia Energy: Growth, Security and Sustainability.”
On Wednesday, February 9, 2011 the Indonesian Petroleum Association was invited to speak in a National Forum related to the potential of the Energy Sector for the acceleration and expansion of the National Development which was organized by the Coordinating Ministry for the Economy and BAPPENAS.
Dear IPA members, please find update on EITI Activities during this past month:
Just as in the previous years, IPA conducted a Brainstorming Session in the start of the year to gather feedback and input from the Company Members for further improvement of IPA work activities.
The Indonesian Petroleum Association claims a new oil and gas regulation will discourage investors rather than provide an incentive for them to invest.
At the end of each year, the IPA holds its Annual General Meeting (AGM) which aims to report IPA current year’s achievement and to set next year objective.
On Tuesday, December 14, 2010 The Indonesian Petroleum Association has donated the sum of USD 25,000 to the people affected by the Merapi Volcanic Eruption in Yogyakarta, Wasior flash flooding in West Papua and Tsunami in Mentawai Island, West Sumatera through the Indonesian Red Cross (PMI). This financial aid was presented by IPA President Ron Aston to Chairman of PMI Jusuf Kalla.
The Ministry of Energy and Mineral Resources (EMR) expects flexibility on the obligation to use Indonesian-Flagged floating facilities at the Indonesian seas (cabotage). The dispensation is expected mainly for the use of floating storage facilities and regasification unit (FSRU).
JAKARTA - The lack of transparency in the Production Sharing Contract (PSC) extension process will lead to a slowdown of investment in the final years of the PSC which could consequently lead to continued decline in production.