INDONESIA
This southeast Asian country is planning to move towards diversification of power sources. Indonesia plans to build the nation's first nuclear power plant in Java, the most heavily populated part of the country. This is notwithstanding the fact that three citizens' group in Jakarta had held a joint meeting last year, opposing the construction of a nuclear power plant and warning the government of serious environmental consequences.
However, projects planned by about 50 private power-generating companies of Indonesia expect to use several non-oil energy sources, including coal and natural gas. Hydel projects are being rejected as these tend to spur serious environmental degradation. A view that is gaining currency among oil-industry analysts, is that Indonesia's oil production has peaked. And industry sources state that with a rapidly growing economy, domestic demand is increasing at more than 10 per cent annually. With no new fields opening up, production has shown no major increases.
A recent press report in Jakarta stated that the nation's oil output is estimated to be nearly 1.5 million barrels a day, half of which is exported to countries including China and Japan. Analysis say that Indonesia will remain a net exporter for at least 15 years.
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