Analyzing the capacity and energy policies of Indonesia to develop cooperation with Iran

Razavi, Seyyed Abdollah

doi:10.22050/pbr.2023.408759.1311

Analyzing the capacity and energy policies of Indonesia to develop cooperation with Iran

Document Type : Original Article

Author

Seyyed Abdollah Razavi

Petroleum University of Technology-Tehran Faculty of Petroleum

https://doi.org/10.22050/pbr.2023.408759.1311

Abstract

Southeast Asian countries have always been the focus of oil producers due to the increase in population and the trend of economic growth. In the last two decades, Indonesia has been prioritized as one of the new markets for Iran due to its high population and forecast to become the fifth largest economy in the world and the upward trend of energy demand. The purpose of this research is to investigate the capacities of Indonesia using the documentary library research method. Indonesia is a developing country and has an increasing economic and population growth trend, which is facing an increasing demand for energy. For this reason, this market is always the focus of major oil producers.

The results of this research show that the refinery capacity of Indonesia's need for petroleum products in the form of joint venture or take-off method to create a sales chain in this country can increase its dependence on Iran. And as a result, more market share can be obtained and also the joint investment cooperation in the upstream development sector with Indonesian oil companies in the direction of developing its fields is also significant. The first question in this research is “what are the capacities of joint cooperation with Indonesia in the field of oil industry”, and the second question is “what are the capacities of joint cooperation between Iran and Indonesia in the field of oil industry?”

Keywords

Indonesia

Oil Industry

energy

Refining

Iran

Subjects

Oil and Gas Economics and Management

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