Potential Cuts in Indonesian Oil and Gas Production

A new maritime law in Indonesia requiring companies to use Indonesian-flagged ships for transporting goods domestically could significantly cut oil and gas production in 2011.
A significant production drop in oil production of up to 260,000 b/d and in natural gas production of up to 22% according to Priyono, head of BPMigas an oil and gas watchdog.  
[Read more]
Source: GLGroup