Will Widodo Succeed in Reforming Indonesia's Upstream Sector?
“The key uncertainty for Indonesia is Jokowi’s ability to implement reform. He has to work with the opposition in parliament and that may dilute some of his intended reforms,” Harwood commented.
It remains to be seen how far Jokowi will move to implement reforms in the upstream oil and gas sector given the pressing need to become more self-sufficient – which would require foreign investments and technological expertise to explore and develop petroleum resources in deepwater blocks in Indonesia – while being constrained by resource nationalism.
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