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The 6th ASEAN Refining and Petrochemical Forum

ConnecForce ASEAN website.png
Date

21 - 22 April 2020

Time

09:00 - 16:00

Venue

Jakarta, Indonesia

Website

http://www.connecforce.com/meeting/2020/7.html

Event Description

Connecforce is pleased to announce the official launch of The 6th ASEAN Refining & Petrochemical Forum on April 21 - 22nd, 2020 in Jakarta, Indonesia.

Indonesia continues its impressive economic growth, but the Indonesian Rupiah experienced a sharp depreciation in 2019. The country soon encountered a high current account deficit, which finally led to national budget shortage on import- heavy refining & petrochemical industry development. Development of mega energy projects then delayed leaving refining capacity bottlenecked, while continuing to import expensive sweet crude and refined products would deteriorate the fiscal deficit. However, domestic petroleum and petrochemical demand could never be kept up with.