Bureaucracy Slows Indonesia Oil & Gas Development
Indonesian oil and gas development is expected to stall in 2010, with state revenue from the sector falling US$6.36 billion, down 25 percent on 2009, and direct investment falling to $12.18 billion from $13.77 targeted, down from $13.52 billion in 2008, with the blame squarely at the government's door.
Waryono Karno, secretary-general at the Indonesian E…
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