The 6th ASEAN Refining and Petrochemical Forum

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Date

17 - 18 June 2020

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Time

09:00 - 16:00

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Venue

Jakarta, Indonesia

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Website

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

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Event Description

Connecforce is pleased to announce the official launch of The 6th ASEAN Refining & Petrochemical Forum on June 17 - 18th, 2020 in Jakarta, Indonesia.

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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.

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