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Indonesia set to nationalise more gas assets after Jokowi victory
The re-election of Joko Widodo as president is likely to see continued resource nationalism in the Southeast Asian country The re-election of Joko Widodo as president is likely to see continued resource nationalism in the Southeast Asian country.
4 hours ago
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Indonesian President Joko Widodo has clinched a second five-year term following the presidential elections on 17 April. His re-election means IOCs should brace themselves for further government-led asset grabs, particularly of fields that supply the BP-led Tangguh LNG plant in Papua.
Widodo, popularly known as ‘Jokowi’, has bolstered resource nationalism in Southeast Asia’s biggest hydrocarbons producer. Last year, he oversaw Indonesia’s takeover of Mahakam, the country’s biggest producing gas field, from France’s Total, and Rokan, its most productive oilfield, from US major Chevron.
The government has awarded...
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