Indonesia

EITI Status

EITI Status: 
Candidate country

Candidate since

Candidate since: 
19 October 2010

Extractive Industries

Indonesia is a resource rich country both in hydrocarbons and mining. Oil production has substantially declined in the last 15 years from its peak of 1.5 million barrels a day in 1996 down to .95 million barrels a day in 2011. Due to this decline in production and a rapid increase in domestic consumption, Indonesia became a net importer of oil in May 2008. Subsequently, it suspended its membership to the Organization of Petroleum Exporting Countries (OPEC) in January 2009. Indonesia had 4.2 billion barrels of oil proven reserves at the end of 2010, and Oil and gas exports accounted for 16.3% of total exports. The mining sector, on the other hand, has been expanding rapidly in the last 10 years with the increase of its copper, nickel, gold, and coal production in addition to its traditional mineral production centered on bauxite, silver, and tin. Indonesia has the world’s largest market of tin with 20% of global supply. Mineral products accounts for 12% of total exports in 2009.

Eiti Reporting

The country produces EITI Reports that disclose revenues from extraction of its natural resources. Companies disclose what they have paid in taxes and other payments and the government discloses what it has received. These two sets of figures are compared and reconciled
The first EITI Report covering 2009 is expected to be published in April 2013. The national secretariat publishes regular EITI newsletters providing an overview of progress on its website.

EITI Implementation

Indonesia announced its intention to implement the EITI in 2009. The EITI Board designated Indonesia as an EITI Candidate country on 19 October 2010. In accordance with the transitional procedures agreed by the Board, Indonesia must complete EITI Validation by 18 April 2013. The first EITI Report is scheduled for publication in April 2013. On 9 April 2013, Indonesia requested to the EITI Board an extension of its validation deadline of 1 month.

Read more

Innovations

The expectation is that the first EITI Report will provide data on a project-by-project basis. 

Read more

National Coordinator

Indonesia
Assistant Deputy Minister for Energy
Coordinating Ministry for Economic Affairs
+62 21 3483 2642 / + 62 815 8220277

International Secretariat

Indonesia
Strategic Advisor
EITI International Secretariat
+47 97 99 47 70

Facts & Figures

Latest Eiti Report: 2009 Report
Deadline for next Eiti report: Thursday, 18 April 2013
Number of fiscal years published: 1

Indonesia News

Indonesia has initiated the EITI ...
DAR-ES-SALAAM, 19 OCTOBER 2010.  ...
The Board of the Extractive Industry...