THE OECD CONFERENCE IN FOREIGN DIRECT INVESTMENT AND ENVIRONMENT IN MINING SECTOR

ii Geologically, Indonesia is a potential region for the formation of various energy and mineral resources. Exploration activities that have been carried out since 1800’s up to the present time, have successfully uncovered these resources in numerous areas. Among these various resources, oil, gas, coal, coal, tin, nickel, copper, and gold have so far given important contribution to the Indonesian economy. The majority of Indonesian territory has not been explored thoroughly, and therefore the chance to discover new economical energy and mineral deposit is likely to be substantial. In the energy sector, oil is the primary source of energy since the last 30 years, and it may bring about quick depletion of this resource in the near future. Steps are being taken to sustain the benefit of this resource, by intensifying exploration to gain more oil reserve, accompanied by diversifying the use of different types of energy, and implementing conservation policy. Natural gas is th