For most of its 25 years, ARCO Indonesia has depended heavily on oil production from its Northwest Java Sea field (236234 bytes). Now the company is pursuing a more varied strategy. It includes gas development in the emerging Kangean block and aggressive exploration in Indonesia's burgeoning eastern frontier. ARCO Indonesia executives see gas as the future. In the past there was no domestic market for gas in Indonesia. But with its rapidly growing electrical power needs and declining oil production, Indonesia seeks to fuel its power generating plants with gas. Gas also is turning around an ARCO Indonesia that a few years ago ...

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