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 is now a net importer of oil in May 2008. 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. The mining sector alone accounted for 6 % of total 2011-2012 GDP and more than 17 % of export revenue.
Indonesia published its second EITI Report in June 2014 covering financial years 2010 and 2011. The report includes detailed information about Indonesia's large extractive sector, such as project-level reporting, information about revenues transferred from the central government to provinces and districts, and information about volumes sold and revenues received from Indonesia's share of oil production. Explore the data in EITI Indonesia's latest report with this interactive map developed by EITI Indonesia >>
Indonesia completed validation in July 2013. On 17 October 2013, the EITI Board concluded that Indonesia has made meaningful progress in implementing the EITI. Indonesia has until 15 January 2015 to complete five corrective actions established by the Board and to achieve EITI compliance.
The second Indonesian EITI report provides information on:
- the fiscal regime applicable to the extractive industry sectors;
- payments and revenues broken down in individual revenue streams, company by company and project by project;
- information about how much oil was allocated to the national government as part of the production sharing agreements; and
- information about where companies operate and the size of their financial contribution to the government.